Latest Bitcoin News
MicroStrategy Denies Margin Call on $205M Bitcoin-backed Loan
Business Intelligence firm MicroStrategy has confirmed that it did not get a margin call on a $205M Bitcoin-backed loan. As…
Binance Temporarily Suspends Bitcoin Network Withdrawals
Users could still withdraw $BTC on Ethereum or BNB Chain as Binance only halted Bitcoin network withdrawals.
El Salvador Reserves Tumble as Bitcoin Continues to Fall
The country of El Salvador saw its reserves fall by approximately $20 million as the crypto market crashes and the…
Michael Saylor’s MicroStrategy Down $1B on its Bitcoin Holdings
MicroStrategy’s holdings are now worth slightly more than $3 billion, amounting to nearly $1 billion in unrealized losses.
Bitcoin Crash Leads to Over $800M in Liquidations
Bitcoin and other altcoin crash caused investors to bite their nails in anxiety, resulting in one of the largest liquidations…
Jack Dorsey Unveils New Face of Internet: Bitcoin-based ‘Web5’
Web 5 will be a combination of Web2 and Web3.
S Korea Investigates Terraform Labs for Possible theft of Bitcoin
The parent company of Terra ecosystem, Terraform Labs, is currently under multiple investigations from South Korea regarding possible theft of…
Octagon Networks Converts Whole Balance Sheet into Bitcoin
Michael Saylor's MicroStrategy analytics platform inspired the cybersecurity company's Bitcoin strategy.
Chinese Executive Embezzles US$8 Million to Mine Bitcoin
Chinese executive Li Qunnan has already fled the country since the bitcoin mining rig embezzlement charges started pouring in.
El Salvador Still not Ready to Launch Bitcoin Bond Says Finance Minister
El Salvador bought 500 Bitcoin on May 9 when there was a price drop, bringing its complete government purchases to…
Kenya’s KenGen to Offer Clean Energy to Bitcoin Miners
Kenya’s largest energy producer KenGen has expressed interest in offering its surplus geothermal energy to bitcoin mining companies. The plan…
US DOJ Sentences Father-Son in Bitcoin Laundering via Marijuana Biz
Kenneth Warren Rhule was first caught laundering money through an unlicensed cryptocurrency exchange in 2018 under the alias "Gimacut93".
Women will Play Crucial Role in Next Bitcoin Bull Market: Draper
He explained that as store owners start to adopt BTC as a payment method more widely, all of a sudden,…
Miami Mayor Suarez Says he Still Gets his Salary in Bitcoin
Miami Mayor Francis Suarez revealed that Bitcoin is not his only source of income, and he is more focused on…
IMF Supports El Salvador in Compiling Bitcoin Usage Stats
The IMF officials insist that El Salvador boost its anti-money laundering efforts, and be more accountable for the use of…
Drake Loses $234,000 Worth of Bitcoin at the Spanish Grand Prix
The famous Canadian rapper, Drake lost more than $200,000 worth of bitcoin on a Spanish Grand Prix bet. The rapper…
Temasek Preps for Tokenized Assets with no Bitcoin Holding
These comments were related to last year’s news which claimed that Temasek, valued at about S$381 billion (US$274 billion), was…
Terra’s LFG Reveals Remaining Bitcoin Reserves After The Crash
LFG exhausted its BTC reserves by directly executing on-chain swaps to a counterparty to compensate for the breakdown of UST.
China High Court Declares Bitcoin as a ‘Virtual Asset’
Bitcoin has been declared a virtual asset protected under Chinese law, the same law which previously announced that all crypto…
Turkish Referee Sparks Controversy After Tossing Bitcoin Coin
An ex referee said that this is not forgetfulness but a move, he really cannot fathom why such an experienced…
FTX Founder Claims that Bitcoin has no Future as a Payments Network
Bitcoin dropped to its lowest since December 2020 last week after the so-called stablecoin, TerraUSD collapsed leaving a lot of…
Japanese Firm Nomura Offers its First Bitcoin OTC Derivatives
Japanese investment banking firm Nomura has begun trading cryptocurrency derivative contracts. The firm launched over-the-counter cryptocurrency derivatives with bitcoin non-deliverable…
Ex-Meta Executive Announces Bitcoin-based Startup
Ex-Meta executive, David Marcus has announced an upcoming LA-based crypto startup named Lightspark, which is likely to be a crypto…
Grayscale Visited SEC for Approval of Spot-Bitcoin ETF
Grayscale revealed its intentions to convert the fund to increase access to bitcoin and while unlocking up to $8 billion…
The9 Purchases Data Center in Kyrgyzstan to Plant 7,500 Antminers
The company is expecting the development to finish by July and electricity to cost $0.05 per kilowatt (KW) hour.
Michael Saylor Says MicroStrategy Will Never Sell Its Bitcoin
MicroStrategy currently holds 129,218 BTC but 115,109 BTC remain unencumbered, and could be used as extra collateral if necessary.
Townsquare Media Files For $5M Investment in Bitcoins With SEC
The filing revealed that the media company fell into the crypto space after observing the potential of digital assets as…
Central African Banks Rebuke CAR’s Bitcoin Adoption
The International Monetary Fund (IMF) has already criticized the decision as concerning, and now, the BEAC is aggravating the situation…
Portugal Apartment Sells for 3 Bitcoins in First Crypto-only Sale
This deal marks the first-ever crypto-only direct real-estate sale, without involving a conversion back to fiat money.
South Africa’s Sunshine Tour to Offer Bitcoin for Top Golfers
Luno will also sponsor each professional golfer on the Sunshine Tour with R1000 in Bitcoin to encourage them to use…
