Investment firm BlackRock plans to buy more bitcoins
BlackRock, one of the largest investment companies in the United States, is set to expand its investment portfolio by acquiring more bitcoins. Currently, the company holds a substantial 82.515 BTC ($3.71 billion) on its balance sheet. Rick Reeder, the chief investment o ...
ETF or Bitcoin: which is more profitable to invest and why?
Many companies claim that spot Bitcoin ETFs offer a new way to invest in BTC, but is this really the case? Can purchasing shares in a fund actually result in owning cryptocurrency? Bitcoin trading When you engage in Bitcoin trading, you are simply buying a digi ...
Mining company CleanSpark will double hashrate before Bitcoin halving
In order to prepare for the upcoming Bitcoin halving in April, CleanSpark, a mining company, has announced plans to double its equipment's hashrate by spring. This strategic move is aimed at maximizing profits during the halving event. To achieve this goal, CleanSpark r ...
The number of bitcoins in MicroStrategy wallets has reached 190,000
MicroStrategy, the renowned American company, continues to bolster its bitcoin holdings as it recently acquired an additional 850 BTC for $37 million. With this latest purchase, MicroStrategy's bitcoin reserves now stand at a staggering 190,000 BTC, which translates to an estima ...
Brazilian Tax: 25,000 Traders Ignore Reporting Bitcoin Investments
The Brazilian Tax Authority (RFB) has uncovered irregularities in over 25,000 tax returns that failed to report Bitcoin assets, prompting officials to issue warnings of penalties for concealing income. This investigation was facilitated with the use of artificial intelligence, w ...
Argo Blockchain: Bitcoin mining volumes fell by 20%
In its latest financial report, the British mining company Argo Blockchain revealed that it experienced an 8% decline in share prices during January, alongside a 20% drop in Bitcoin production. The decrease in BTC mining volumes is attributed to a decrease in the hash r ...
Jim Rogers: “Bitcoin is not capable of undermining the financial sovereignty of countries”
Renowned investor Jim Rogers, co-founder of Soros Fund Management, recently shared his unique perspective on Bitcoin's impact on government currencies, emphasizing that Bitcoin does not pose a significant threat to traditional financial systems. Rogers argues that despi ...
Transaction volume on the Bitcoin network reaches its highest level since September 2022
The volume of transactions in the network of the first cryptocurrency is growing for the fourth consecutive month and has reached a staggering $1.21 trillion in January. This milestone marks the highest figure since September 2022, indicating the continued upward momentum of the ...
BlackRock begins advertising Bitcoin ETFs on building facades in three US cities
One of the leading contenders in the spot Bitcoin ETF market, BlackRock, has unveiled plans to take its advertising strategy to new heights by showcasing these exchange-traded funds on the exteriors of financial institutions in prominent cities like New York, Los Angeles, and Mi ...
Coinbase analysts: “Pressure on Bitcoin is easing”
Experts at the popular American cryptocurrency exchange Coinbase are optimistic about the future of Bitcoin. They believe that the selling pressure on the cryptocurrency is diminishing, and several macroeconomic factors suggest that its value will continue to rise.Accor ...