Elon Musk Hints Tesla Owns About 42K Bitcoins – Featured Bitcoin News

Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s technoking, Elon Musk, has commented on how many bitcoins his electric car company owns in response to a rough calculation provided on Twitter by Tesla shareholder Dave Lee. In his calculation, Lee used $1.47 billion as the fair market value of Tesla’s entire bitcoin holdings as shown in the company’s Form 10-Q filed with the…

Ether (ETH) Trading Volume Growth Dwarfed Bitcoin’s (BTC) in the First Half of 2021

Coinbase researchers have revealed in the exchange’s H1 2021 in Review report released on July 26, that the first half of 2021 was one of the most active periods for the global crypto markets, with ether (ETH)  taking the shine out of bitcoin (BTC) in terms of trading volume growth. Another Great Year for Crypto   As of March 2020, when the price of bitcoin (BTC) revisited the $3k region, even the most die-hard crypto enthusiasts would not have believed that the flagship crypto would make a strong comeback and even…

Ether Trading Volume Rate Hire than Bitcoin’s in H1 2021

Even though Bitcoin’s trading volume is still higher than Ether’s, the year-on-year growth for the latter is breaking all records. Ether, the world’s second-largest cryptocurrency, has hammered Bitcoin in terms of trading volume growth. The new report elaborates on the growth of Ethereum trading in the first six months of the year. According to a review report shared by Coinbase Institutional H1 2021, the first six months have been very agile for the crypto market, with quite a few peaks in prices because of a conformation to the crypto trading…

SCHLIMMSTES SZENARIO FÜR BITCOIN…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Der Preis von Bitcoin bewegt sich weiterhin seitwärts und das grosse Interesse der Öffentlichkeit bleibt auf der Strecke. In diesem Video möchte ich mein persönlich “schlimmstes” Szenario für Bitcoin vorstellen, was aber gar nicht so dramatisch ist. Wie so oft beim Investieren bedarf es vielleicht einfach nochmal etwas Geduld… 00:00 Intro 02:15 Bitcoin auf Regierungsebene 05:14 George Soros Fonds handelt Bitcoin 06:30 Bitcoin Mining in China ist Geschichte 08:20 Technische Analyse 13:59 Outro BITCOIN UND ALTCOIN HEBEL PLATTFORMEN: 💲 Phemex 💲 Bybit…

Market Strategist Says Bitcoin’s Best Days Are Ahead, Won’t See Restrictive Fed Policy Anytime Soon – Markets and Prices Bitcoin News

The founder of investment management firm Michael Lee Strategy says that “the best days of bitcoin are definitely ahead of it,” expecting the cryptocurrency to “make all-time new highs.” The strategist further says that it will be a long time “before we see any sort of taper or any sort of restrictive policy from the Fed” or other central banks worldwide. Market Strategist Expects Bitcoin to Make All-Time New Highs Michael Lee, founder of Michael Lee Strategy, shared his outlook for bitcoin in an interview with Fox Business Monday. Michael…

Bitcoin’s Address Growth Plateaus as BTC loses $30k Support

The growth of Bitcoin addresses has hit a plateau phase Bitcoin’s daily active addresses have also dropped from April’s peak of 1.366 million There are currently 845k daily active Bitcoin addresses, a drop by 38% from the aforementioned peak Bitcoin has lost the crucial $30k support to post a local low of $29,278 A loss of the $28k support will open the door to more losses to $23k or even $24k The growth of addresses on the Bitcoin network has plateaued. This milestone was identified by Bitcoin and Crypto analyst,…

Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto – Markets and Prices Bitcoin News

Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday. Crypto markets are following the trend of large drops seen across stock markets on Monday morning, as equities have significantly decreased in value. Crypto Markets Follow Monday’s Stock Market Rout, Entire Crypto Market Cap Sheds Over 3% Bitcoin dropped to a low of $30,400 on July…

Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub – Bitcoin News

Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin. Jackson, Tennessee’s Mayor Is a Fan of Bitcoin, He Wonders Why We Accept Inflation Miami mayor Francis Suarez is not the only bitcoiner trying to get bitcoin companies and technological innovation to reside in his city. Jackson, Tennessee’s mayor is also a…

Bitcoin’s Hash Rate Originating From China Falls Below 50%

Bitcoin miners based in China now control less than 50% of the total BTC hash rate Hash rate originating within China is dropping as the government continues to crack down on Bitcoin mining The United States is the biggest beneficiary of the migration of mining away from China Bitcoin’s hash rate has also started to rebound after the massive dip due to China reiterating its ban on BTC mining Bitcoin’s hash rate originating from China and its territories has dropped to less than 50% of the total global BTC network…

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash – Mining Bitcoin News

Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S mining rigs and also secured financing for 6,000 Bitmain-made Antminer S19 devices. Greenidge Partners With Foundry, 8,300 Bitcoin Miners Transferred in the Deal On Wednesday, Greenidge announced that the company has partnered with the Rochester, New York-headquartered Foundry, a company that provides North American crypto mining businesses with capital…