Tags : billion

Bitcoin

MicroStrategy may sell $1 billion in stock to buy even

Enterprise analytics agency MicroStrategy has filed to promote $1 billion value of its inventory for ‘normal functions,’ which can embrace shopping for extra Bitcoin, a submitting with the US Securities and Alternate Fee (SEC) confirmed. MicroStrategy to promote $1 billion value of their firms shares to finance “the acquisition of bitcoin”. pic.twitter.com/0tsRprMnZO — Documenting Bitcoin […]Read More

Bitcoin

US investors made over $4 billion trading Bitcoin last year

A latest report from cryptocurrency analytics agency Chainalysis has proven that fairly a lot of nations made large good points of their Bitcoin investments when in comparison with their conventional financial rankings. US Bitcoin traders lead good points The report broke down the estimated good points made by nations in 2020. What this implies is […]Read More

Bitcoin

Bitcoin miners made over $1.4 billion last month, despite plunge

Regardless of the market crash, Bitcoin (BTC) miners seem solely marginally affected with decreased revenues in Might, in accordance with knowledge from analytics software Coin Metrics. Might was daunting for Bitcoin, witnessing a correction of over 50% from it’s all-time excessive above $63.000 in April. The value correction consequently affected the mining income plunge, softened […]Read More

Bitcoin

$270 billion fund Guggenheim is seeking Bitcoin exposure, SEC filing

Guggenheim Companions, one of many world’s largest fund managers with $270 billion in consumer belongings beneath administration, is in search of publicity to Bitcoin as a part of a brand new fund, a filing with the US Securities and Change Fee (SEC) confirmed yesterday. They’re coming for Bitcoin The fund, formally the ‘Guggenheim Lively Allocation […]Read More

Regulation

South Koreans lost $5 billion to crypto crimes in the

Korean college students say crypto buying and selling provides them stress, causes insomnia Blinded by the promise of quick vehicles, luxurious inns, and stacks of greenback payments, younger Koreans turned to crypto buying and selling as a method of constructing wealth however ended up with the precise reverse, studies native each day The Korea Occasions. […]Read More

Cryptocurrency

Whale holding $15 billion in Dogecoin bought 420.69 DOGE yesterday

Whoever holds the most important Dogecoin bag appears to share the memecoin’s humorousness. They purchased up a really small quantity of DOGE yesterday in a reference to standard memey tradition. Who let the DOGE in DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L, the Dogecoin handle which holds an estimated 36.7 billion cash (seemingly accumulating the quantity in the course of the […]Read More

Bitcoin

Bitcoin dumps to $30,000 with $8 billion in crypto liquidations

Bitcoin fell to below $33,000 on some exchanges, reaching ranges final seen in February this yr. Hundreds of thousands gone ‘Liquidations’ happen when merchants borrow extra capital from brokerages/exchanges (i.e., ‘margin’ or buying and selling futures) to put greater bets on the property they commerce.  They pay a set price for doing so, whereas exchanges […]Read More

Cryptocurrency

Bitcoin dumps to $38,500, $2 billion in crypto liquidations as

Crypto markets took successful Tuesday as $2 billion was misplaced to ‘liquidations,’ information from a number of sources exhibits. Bitcoin fell to underneath $38,500 on some exchanges, reaching ranges final seen in February this 12 months. Tens of millions gone ‘Liquidations’ happen when merchants borrow extra capital from brokerages/exchanges (i.e., ‘margin’ or buying and selling […]Read More

Bitcoin

$2.38 billion ‘rekt’ in crypto markets as Bitcoin drops to

Over $2.38 billion price of Bitcoin and different cryptocurrencies had been liquidated up to now 24 hours because the market fell by double-digit percentages, knowledge from multiple sources confirmed. Cash gone ‘Liquidations,’ for the uninitiated, happen when leveraged positions are robotically closed out by exchanges/brokerages as a “security mechanism.”  Futures and margin merchants—who borrow capital […]Read More