Cryptocurrency news - Bitcoin
Crypto data platform Glassnode sells Bitcoin tax software to Blockpit
After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings. Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting i...
PayPal faces SEC action related to PYUSD stablecoin: Report
PayPal was the first large fintech firm to adopt digital currencies for payments and transfers after launching its stablecoin in August. Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged...
Tether issues $610M debt financing to Bitcoin miner Northern Data
In September 2023, Tether also invested an undisclosed amount in Northern Data, backing AI initiatives. The Tether (USDT) stablecoin issuer is raising the bet on Bitcoin BTC $35,396 mining by issuing a major debt facility to German-based BTC mining company Northern Data AG. No...
Peter Brandt says Bitcoin bottom is in, but prepare for a ‘chopfest’
The prop trader believes that, while Bitcoin has already bottomed, traders should brace themselves for a volatile fight to the next new all-time high. Bitcoin BTC $34,478 may reach new all-time highs by the end of next year, but crypto investors should brace themselves for a “c...
Tesla earnings: Bitcoin bags untouched as firm splashes out on AI
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development. Electric vehicle maker Tesla made no changes to its sizeable Bitcoin BTC $28,312 holdings — the fifth quarter in a row — though it has...
Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications. Grayscale’s Bitcoin BTC $27,915 investment vehicle, Grayscale Bitcoin Trust (GBTC), is trading at its lowest discount in nearly t...
Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO
During an episode of The Joe Rogan Experience, Altman expressed his excitement for Bitcoin and also said he was “super against” CBDCs. OpenAI CEO Sam Altman has called Bitcoin BTC $27,880 a "super logical" step on the tech tree, which is both free of government control while h...
Bitfarms increases mining pace, generates 411 BTC in September
Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving. The Canadian Bitcoin BTC $28,361 mining firm Bitfarms has been actively scaling operations, significantly increasing the amoun...
Bitcoiner who tried to trade his way to Alaska shares his ‘humbling’ experience
Despite coming up short of his goal, crypto trader Thomas Kralow said the crypto-funded expedition was all about two things: “Bitcoin and happiness.” A Bitcoin BTC $26,216 proponent’s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter...
Bitcoin Ordinals creator proposes to change inscription numbering system
Casey Rodarmor, the creator of Bitcoin Ordinals, clarified that the inscription numbers would only be changed, not scrapped entirely. Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simpli...