Daymak Spiritus To Manufacture The World’s First Crypto Mining Car
Daymark Spiritus announced to produce electric cars that mine various cryptocurrencies. See What Will Be Features.
Category Bitcoin News
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The fate of Bitcoins price is determined by Elon’s tweet
Highlights As per the statement given by Timothee Peterson, more than 20% of Bitcoin users have run from the network. It’s happening after Tesla stopped holding BTC for car payments. The tweet mentioning the same, from Elon Musk has shifted…
Reports estimate that 32 companies hold more than $10B Bitcoins
As per the reports of crypto Treasury, about 32 firms collectively hold more than $11 billion in value bitcoin. Among them, eleven companies held more than 168,900 ETH with more than 470 million dollars rough value. The value of these…
Asset Manager Ruffer Sold all his Bitcoin Holding and Book Profit
Ruffer, the UK-based investment management firm has revealed it dumped all of its bitcoin holdings, making a profit of 1.1 billion dollars over the last 5 months with its short-term bitcoin bet. This was revealed by a June 6 report…
El Salvador to Become First Nation With Bitcoin as Legal Tender
The president of El Salvador, Nayib Bukele has plans to soon make bitcoin legal tender. If the country does carry out the plans according to expectations, El Salvador is all set to become the first nation to have bitcoin as…
Bitcoin Whales Unfazed by the Elon Musk-Induced Volatility and Keep Adding BTC to their Wallets
Even after the huge price fluctuations in the crypto market, thanks to the influence of Elon Musk, the CEO of Tesla, bitcoin whales seem not to care about the comments and keep on purchasing BTC. Bitcoin Whales have added $2…
Regulatory crackdown in China leads traders to turn to OTC desks
China’s government’s regulatory attempts to suppress the cryptocurrency have led the traders to work over-the-counter trading desks. Bloomberg’s article published on Monday stated that ever since China has announced the latest crackdown, the restrictions have been stricter for companies dealing…
Legendary Billionaire will invest $1.5 billion in Bitcoin which was ridiculous to him
Carl Icahn, the billionaire investor, and founder of Ichan Enterprises L.P. were recently seen commenting on Bloomberg that he is considering investing $1.5 billion in cryptocurrencies. He is the very same person who is a CBC interview, three years ago,…
4 Months ban on Bitcoin Mining in Iran
On 22nd May, Iran’s President, Hassan Rouhani announced to confirm the reports about Bitcoin mining for the coming 4 months. This decision for banning bitcoin mining comes after massive blackouts were observed in some of the major cities in Iran.…
Bitcoin bears exhausted and have stopped selling; understand the signs.
The market trend has shown that Bitcoin or BTC price is going back to $40,000. There were concerns regarding China’s crypto ban and the crypto tax proposal by the U.S. However, on 26th May the price of Bitcoin crossed the…
BTC Funding Rate Turns Negative as Fear Intensifies
On May 19, BTC’s funding rate turned negative and stayed that way until May 24, when it turned positive again. It was a surprising turn of events for traders around the world as the funding rate had never been negative…
Bitcoin Mining Council forms for promotion of energy usage transparency.
In Brief The Bitcoin Mining Council will comprise the leading miners from North America. The decision to standardize accepts of cryptocurrency mining was taken with Elon Musk and others being in the frontline. The Bitcoin Mining Council refers to Musk’s…