Tag: Bitcoin News

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Apple Has a ‘Multi-Billion Dollar Opportunity’ in Bitcoin & Crypto + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news US tech giant Apple could create for itself "a clear multi-billion dollar opportunity" if it were to develop its Apple Wallet into a crypto exchange, Mitch Steves, an analyst at RBC…
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Will Apple be the next company to adopt Bitcoin after Tesla?

“The firm could unlock a multi-billion dollar opportunity with a few clicks,” said analyst Paul Steves. Earlier today, Tesla Motors announced it had made a major Bitcoin purchase and planned to introduce crypto payments in the future. Some in the industry are now speculating that Apple will be the next institutional player to adopt the…
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BTC 1,700 In Limbo As Fraudster Won’t Give The Password To Prosecutors

German public prosecutor’s office has seized almost BTC 1,800 (USD 70m) from a man sentenced to prison for fraud, but they claim they cannot access the majority of the cryptocurrency since the man has refused to provide them with a password. The crypto was seized in 2013, and since then, its value has skyrocketed. The…
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Tesla Buys USD 1.5B Worth of Bitcoin, Might Accept BTC as Payment

US-based major electric car manufacturer Tesla said it invested an aggregate USD 1.50bn in bitcoin (BTC) and expects "to begin accepting bitcoin as a form of payment for our products in the near future." (Updated at 13:35 UTC: updates throughout the entire text. Updated at 14:03 UTC with liquidation data, comments, and Google Trends data.)…
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Bitcoin and Ethereum Hold Key Support, Altcoins Surge

Bitcoin price started a downside correction from well above USD 40,000. BTC declined below the USD 39,200 support level, but it was well bid above USD 37,500. It is currently (05:00 UTC) trading above USD 38,000, but it is facing hurdles near USD 39,200. Similarly, ethereum corrected more than USD 200 from the USD 1,760…
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Bitcoin Returns Above USD 40,000 In Less Than A Month

The most popular cryptocurrency, bitcoin (BTC), rallied on Saturday, moving back above the USD 40,000 level for the first time in almost a month. At the time of writing (14:38 UTC), BTC trades at USD 40,420 and is up by 6% in a day, increasing its weekly gains to 18%. BTC reached its all-time high…
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Spanish Tax Body Will Force Citizens to Declare Overseas Crypto Holdings

The Spanish Tax Agency – known in the nation as the Hacienda – has announced its intentions to step up its monitoring of crypto, and will move to force citizens and residents alike to declare their bitcoin (BTC) and altcoin holdings, even if those are held on overseas-based platforms. Per El Economista, the Hacienda has…
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Bitfinex Repays USD 550m to Tether, Nigerian Ban, Dorsey’s Bitcoin Node + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exhanges news Bitfinex said that, in January, it repaid the remaining balance of USD 550m of the outstanding revolving loan facility to its sister company Tether, the issuer of the most popular stablecoin,…
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Bitcoin Market Cap May Be ‘Overstated’ by USD 151Bn – Coin Metrics

Bitcoin (BTC) market capitalization may be overstated by USD 151.5bn, according to data from the crypto intelligence firm Coin Metrics. And the same may well go for the token’s forks, the company suggested. Coin Metrics arrived at this staggering figure by looking at how many coins may actually be on the market. Per a tweet…
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Bitcoin-keen Palihapitiya Says He Won’t Run for Governor of California

Chamath Palihapitiya. Source: a video screenshot, Youtube/Phocuswright The “Bitcoin (BTC) candidate” for the forthcoming Californian gubernatorial race has ruled himself out of a run at the post – which may see voters in the state head to the polls later this year. In a recent edition of the All In podcast, which he co-hosts, bitcoin…
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