Latest News for: Btc products

Edit

Bitcoin Price Analysis: Is This The Only Chance To Buy BTC At $62,000 Before $100,000?

CoinGape 08 May 2024
Despite fighting to recover from the post-halving correction to $56,500, Bitcoin (BTC) is heavily weighed down, holding firmly to support at $62,000 on Wednesday ... The launch of spot Bitcoin ETF products in Hong Kong highlights another positive factor.
Edit

CryptoQuant: Optimism May Prevail as Holders Hope for Longer Bull Market

Cryptopolitan 08 May 2024
BTC still holds above $62,000 even after the recent downward pressure and has recovered well in the past week. At this stage in the market, more than 95% of all long-term buyers for BTC are in profit, barring the latest purchases at an all-time high.
Edit

Argentina Will Have Its Own Bitcoin Mining Center Using Repurposed Gas

Crypto Economy 08 May 2024
Stranded gas, released during oil extraction but not captured for sale or distribution due to its remote location or marginally productive fields, is used as an energy source for BTC mining instead of being burned and released into the atmosphere.
Edit

Wintermute to make provision for liquidity to OSL and HashKey

CryptoNewsZ 08 May 2024
Wintermute, a crypto market maker, will provide liquidity to OSL and HashKey for spot Bitcoin and ether exchange-traded funds in Hong Kong ... The spot Bitcoin ETF of ChinaAMC witnessed 75.36 BTC, separate from the product ... Tags. Cryptocurrency News ... Tags.
Edit

HashKey Partners Aptos Foundation to Improve Blockchain

Coinspeaker 08 May 2024
Coinspeaker ... HashKey and Aptos to Provide Identity Services ... This followed the approval of the first spot Bitcoin (BTC) and Ethereum (ETH) ETFs in the country. These products were approved by the Hong Kong Securities and Futures Commission (SFC) ... next.
Edit

Bitcoin Miners Report Declines in Production as Profitability Slumps

CryptoPotato 07 May 2024
Nevertheless, as the latest meme asset craze loses popularity, it is expected that BTC production rates may continue to decline and miner selling may increase ... The firm had a 12% decline in BTC ...
Edit

Gryphon Digital Mining Announces April Operational Update

ACCESSWIRE 06 May 2024
Produced approximately 40 bitcoin Approximately $2.6 million in value based on an average April bitcoin price of $66,183 Production of 1.33 BTC/day on average, or about $88,244/day Achieved bitcoin ...
Edit

Bhutan invests USD 539 million on cryptocurrency

Kuensel 06 May 2024
Thukten Zangpo ... This was equivalent to Nu 31.51 billion or 21 percent of the fiscal year 2021-22’s gross domestic product. The majority of cryptocurrency Bhutan mines are Bitcoin (BTC), followed by small allocations for mining Ethereum ... .
Edit

Here’s Why Jack Dorsey’s Block Will Invest 10% of Bitcoin Profits Into BTC Monthly

CryptoPotato 04 May 2024
Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases ... BTC would eventually ...
Edit

Jack Dorsey-Led Block Announces Plan To Invest 10% of Its Gross Profit From Bitcoin Products ...

The Daily Hodl 04 May 2024
Jack Dorsey’s fintech conglomerate Block is now investing 10% of its gross profit from Bitcoin products directly into BTC itself ... BTC is trading at $63,159 at time of writing.
Edit

Block Commits 10% of Bitcoin Gross Profit to Monthly BTC Purchases

Coin Edition 03 May 2024
Block plans to buy Bitcoin with 10% of its gross profit from BTC products every month. Block holds 8,038 BTC valued at $573M with reported paper gains of $233M. Gross profit from Bitcoin products surged ...
Edit

Marathon Digital boosts Bitcoin production by 21% YoY in April, defies halving challenges

Cryptoslate 03 May 2024
Marathon Digital reported a significant year-on-year surge in its Bitcoin production last month, defying expectations surrounding the halving event. Bitcoin production increase.
Edit

Jack Dorsey’s Block To Invest 10% Of Bitcoin Profits Into Monthly BTC Buys

Bitcoinist 03 May 2024
The company’s ecosystem includes a range of BTC-related products and services such as Cash App, which allows customers to buy and sell Bitcoin, and TBD, an open developer platform aimed at decentralizing financial services.
Edit

Bitcoin ETFs Experience Record Outflows as BlackRock’s IBIT Fund Sees First Losses

Crypto Economy 03 May 2024
The combined net outflow of the ETFs totaled $563.7 million, marking May 1 as the day with the largest outflow of funds since the launch of these financial products ... BTC lost 10.44%, and investors may be opting to secure gains or minimize losses.
Edit

Michael Saylor Attacks Ethereum Calling It A Security, Disapproves spot ETF

CoinGape 03 May 2024
He firmly asserted that Bitcoin (BTC) stands alone in achieving full institutional acceptance ... Saylor’s remarks come shortly after MicroStrategy announced the addition of $1.65 billion worth of BTC to its corporate reserves in the first quarter.
×