El Salvador 'buys the dip,' now owns 700 Bitcoins worth over $31.5 million

El Salvador continued to capitalize on Bitcoin market opportunities.

DeFi platform pNetwork loses $12.7 million worth of Bitcoin, in recent hack

pNetwork, a cross-chain DeFi platform, lost roughly 277 Bitcoins to the tune of $12.7 million in a recent hack.

El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins

On Monday, El Salvador President Nayib Bukele announced that the Central American nation bought 150 new Bitcoins from the dip, urging people to buy the dip by giving his "presidential advice".

$2 Billion Worth of Unpeeled Casascius Physical Bitcoins: There’s Less Than 20,000 Coins Left Active

While bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their digital counterparts.

Bringing Digital Currencies to the Masses: GoFungible’s Gamified Multichain NFT Marketplace

On May 22, 2010, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John’s pizzas, essentially the first use case of a cryptocurrency.

Microstrategy Buys 5,050 More Bitcoins, Now Hodls 114,042 BTC

Nasdaq-listed Microstrategy has purchased 5,050 more bitcoins for $243 million, raising its total bitcoin holdings to 114,042 coins.

Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion

A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business.

El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins

Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.

Seychelles Law Enforcement Receives Request to Probe Transfer of 230K Onecoin Bitcoins

The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked to the transfer of 230,000 bitcoins.

Six Reasons to Withdraw Your Bitcoin from Exchanges

If you are a person who is used to storing huge amounts of bitcoins on exchanges, here are six reasons why you’d better not do that.

Older Bitcoins Being Spent as Price Climbs, On-Chain Data Shows - Glassnode

Following the higher bitcoin (BTC) prices seen over the past few weeks, the proportion of old bitcoins that are spent on the network has once again increased, a new report from on-chain analytics firm Glassnode shows. According to the firm, some long-term bitcoin holders have taken advantage of the currently high bitcoin prices to realize profits, but the

MicroStrategy Acquires Nearly 4,000 Bitcoin for $177 Million

MicroStrategy continues to accumulate bitcoins with frequent purchases and the latest saw nearly 4,000 coins acquired.

Young South African Engineer Rues Deleting Computer File Containing Keys to 20 BTC

A young South African electronics engineer has rued his decision to delete a text document containing the keys and password to a crypto wallet that held some 20 bitcoins.

Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI

In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins.

Quiznos Testing Payment Feature to Allow Customers Pay in Bitcoins

Quiznos chain of restaurants will accept Bitcoin starting mid-August.

Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million

Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases.

Finland Seeking Brokers for Selling $79M Bitcoin Seized from Illegal Drug Market

Finland government is looking for brokers to help the administration to enable the safe selling of seized Bitcoins.

Tax-Free Bitcoin Mining, Robinhood Debuts on Nasdaq + 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. ___ Mining news Crypto platform Choice and Compass Mining, a marketplace for Bitcoin (BTC) miners, said that their US-based clients can now mine bitcoins directly to their individual retirement accounts (IRAs)

Elon Musk Hints Tesla Owns About 42K Bitcoins

Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30.

Bitcoin Mining Simulators VS Crypto Faucets – Who wins?

Compare Bitcoin faucets vs crypto mining simulator games in search of the best way to get free bitcoins and the most fun! (Read More)

6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply

Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.

MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers

Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins.

Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy

Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins.

Man Who Accidentally Threw Away 7,500 Bitcoins on Hard Drive Has New Plan to Retrieve His BTC

The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill.

123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid

On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins.

Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop

It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline. Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows. According to figures from monitoring resource Blockchain, daily revenues have surged by over 50%."Interesting dynamic" hits Bitcoin miningBitcoin mining is currently in a unique state of flux — around half the hashing power is offline as miners relocate from China, and it remains unknown how quickly they will be able to come back online.At the same time, those miners unaffected by the Chinese rout have seen half their competitors disappear overnight and profitability has gone up as a result.With data now coming in for the past few weeks, the scale of the changes is plain to see.

Bitcoin Whales Accumulate 60,000 Bitcoins In A Day. What Happens Now?

Bitcoin whales have resumed accumulating coins in what has turned out to be the biggest Bitcoin accumulation event in 2021.  A number of Bitcoin whales addresses that currently hold a number of 100 to 10,000 bitcoins in their wallet accumulated over 60,000 bitcoins in a single day.

Marathon Digital Holdings Reported A 17% Spike In Bitcoin Mining

The Bitcoin mining company, Marathon Digital Holdings recently revealed that the company mined a whopping 265.6 Bitcoins in June alone.

8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims

A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate.

Feds Sell Seized Bitcoin From 2018 for $19 Million

The US has sold about 500 bitcoins seized back in 2018 for about $19.2 million.

I Only Have 5 Bitcoin, Senator Lummis Encourages People to Buy and Hold BTC

Cynthia Lummis owns five bitcoins bought in 2013 and urged people to buy portions for themselves as well to prepare for the dollars' depreciation.

Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows

According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients.

New York City to Become the ‘Center of Bitcoins,’ Promised Mayoral Front Runner

The favorite to become the new mayor of New York City promised to make it a different place to live, including becoming the "center of bitcoins."

$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing

The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.

The Number of Bitcoin Addresses Holding At Least 1,000 BTC Hit a Monthly Low

The number of BTC addresses holding more than 1,000 Bitcoins plummeted ``to a1-month low of 2,152.

Bearish: Bitcoin Transfers to Spot Exchanges at Highest Levels Since March 2020 Crash

The largest inflows of bitcoins from external wallets to spot exchanges in over a year present another worrying sign of an impending bear market.

MicroStrategy Acquires Extra 13,005 Bitcoins, Owning Over 100,000 BTC

MicroStrategy CEO Michael Saylor confirmed the firm acquires additional 13,005 Bitcoins, by spending roughly $489 million in cash at an average price of around $37,617 per bitcoin.

Microstrategy Buys Another $489 Million Worth Of Bitcoin

Microstrategy bought on Monday 13,005 Bitcoins worth about $489 million at an average price of $37,617 per coin.

MicroStrategy Owns More Than 100,000 Bitcoins After Another Purchase Worth $500 Million

MicroStrategy has done it again with another sizeable purchase of over 13,000 bitcoins, and the firm now owns more than 100,000 coins.

Bitcoin Volatility in July? 16K BTC Unlocking on Grayscale Coming Up

The impending unlocking of over 16,000 bitcoins through Grayscale's trust in mid-July could bring enhanced volatility in the crypto markets.

‘Millionaire’ Bitcoin Whales Accumulates Extra 90,000 BTC

According to Santiment, an encrypted market data aggregator, approximately 90,000 Bitcoins have been accumulated by Bitcoin whales in the past 25 days.

MicroStrategy Could Buy More Bitcoin With $1 Billion Stock Offering

MicroStrategy could be buying even more bitcoins.

MicroStrategy to Buy Another $500 Million Worth of Bitcoin, Announces a BTC Holding Company

MicroStrategy has completed yet another offering of senior secure notes, raising $500 million to buy more bitcoins.

How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale

Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred.

Hedge Fund Billionaire Marc Lasry Wishes More Bitcoins To Accumulate

US billionaire hedge fund manager, Marc Lasry, acknowledged that he regrets not purchasing enough Bitcoin in the past.

I Should Have Bought a Lot More Bitcoin: Hedge Fund Billionaire Marc Lasry

Hedge fund billionaire Marc Lasry said that he should have bought a lot more bitcoins back in the days.

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers.

Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC

Microstrategy will soon hold more than 100,000 bitcoins in its treasury.

MicroStrategy Plans to Raise Another $400M to Buy More Bitcoin

Michael Saylor's MicroStrategy plans to conduct another $400 million sale of senior secured notes to buy more bitcoins.

I Might Buy More Bitcoin at $27K: Rich Dad Poor Dad Author Robert Kiyosaki

Depending on the global macro environment in the following months, Robert Kiyosaki may buy even more bitcoins, especially at these lower prices.

Pre-2019 Bitcoins now make up just 44% of the BTC active supply

Despite the May sell-off, strong hands are mostly holding firm at prices which seemed impossible two years ago.

Old Bitcoin Spending Slows, But The Bears Are Lurking

The big May market selloff appears to be abating and on-chain analytics suggest that older Bitcoins are no longer being spent, or sold, at previous rates.

Volatility Incoming: Bitcoins On Derivatives Exchanges At Its Highest Since May 19

Bitcoins on derivatives exchanges are at their highest level since May 19, signaling a volatile weekend ahead.

Bought The Dip: Justin Sun Buys $150 Million Worth of Bitcoin

Justin Sun, the CEO of TRON, has announced a massive purchase of 4,145 bitcoins for $152,818,183 at an average price of $36,868.

Microstrategy Buys $10M Worth of Bitcoin, MSTR Shares Down Over 60% Since February

On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto.

Bought the Dip? MicroStrategy Purchased $10M in Bitcoin at $43.6K

MicroStrategy has indeed bought the dip after purchasing another 229 bitcoins at an average price of $43,663.

Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’

Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin.” The Technoking of Tesla got into a heated debate with the bitcoin community Sunday after he announced that Tesla has suspended accepting bitcoin for payments due to environmental […]

Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case

Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner.

Analysis: Bitcoin Whales Depositing BTC to Exchanges, More Short-Term Downside Action Inbound?

Whales are moving bitcoins to exchanges, suggesting that there might be further downside action in the short term, according to analysis.

MicroStrategy Acquires an Additional 271 Bitcoins for $15 Million

MicroStrategy’s CEO Michael Saylor has revealed that the firm has scooped up an additional 271 Bitcoins for $15 million.

Buy the Dip: Microstrategy Grabs $15 Million More Bitcoin — Now Holds 91,850 BTC in Treasury

Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment.

E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury

Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury.

Bitcoin Long-Term Holdings Mature as Investors Refuse to Sell

On-chain metrics are indicating that Bitcoins bought several months ago are now maturing as investors continue to hold on to them.

MicroStrategy May Sell Some of Its Bitcoins

In its latest earnings report, MicroStrategy said it may sell off some of its Bitcoin in the future.

South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins

A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins.

Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’

Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million.

Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows

Tesla’s quarterly filing with the US Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion.

Tesla Sold 10% of Its Bitcoin Holdings in Q1 2021 to Prove Liquidity

Tesla sold 10% of its bitcoins during the first quarter of 2021 to prove liquidity.

Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers

The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI.

Hackers Sell Off Personal Information for 10 Bitcoins After Hacking Domino’s India

Hackers requested 10 bitcoins for personal information that includes one million credit cards obtained after an attack on Domino's India.

Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors

The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021.

CNBC's Jim Cramer Sold Some of His Bitcoin to Pay Off A Home Mortgage

CNBC’s Jim Cramer has disclosed that he has sold some of his Bitcoins to pay for a house.

Ripple’s CTO Only Has 2% of His Bitcoins Left

The CTO of Ripple has only 2% of his BTC holdings left after starting to dispose of his position when the asset traded around $100.

Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets.

Akon Wishes He Kept Bitcoins Gifted in 2014 and Reveals Akon City’s Progress (Exclusive Interview)

Exclusive interview with global megastar Akon about his bitcoin perception and regrets, and the development stages of the futuristic Akon City.

Cypherpunk Holdings Acquires Additional Bitcoins

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Toronto, Ontario - Cypherpunk Holdings Inc.

Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC

Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors.

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Over the last eight years, US law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown.

How to Use AI to Generate Free Bitcoins

The text below is an advertorial article that was not written by Cryptonews.com journalists. When you get on the Bitcoin train you know you are in for a wild ride, with the price dipping and soaring so fast it’s hard to keep up.

Shark Tank’s Kevin O’Leary Will Only Buy ‘Clean’ Bitcoins — Says Institutions Will Not Buy ‘Blood Coins’ From China

Kevin O’Leary, aka Mr. Wonderful, says he will only buy “clean” bitcoins that are mined sustainably in countries that use clean energy.

Will ‘clean’ Bitcoins and not ‘Blood coin from China’ become a fad?

Recent studies have shown that Bitcoin consumes close to 77.8 TWh every year, making the total energy consumption of the network as much as Chile’s.

MicroStrategy buys an additional 253 Bitcoins for $15 million

One of the most vocal Bitcoin supporters in the ecosystem, CEO Michael Saylor today announced that his company, MicroStrategy has purchased more Bitcoin again.

Shark Tank Kevin O’Leary Will Only Buy Bitcoin Mined with Clean Energy

Kevin O'Leary, the star of the reality TV show, Shark Tank, has doubled down on his assertion that he would purchase bitcoins produced only with clean energy.

South Korean govt sells 2017 Bitcoins, making $10.8 million profit

It's typical of government agencies to sell seized Bitcoins during bull runs; with South Korean law enforcement agencies becoming the latest entity that has sold a significant amount of confiscated Bi The post South Korean govt sells 2017 Bitcoins, making $10.8 million profit appeared first on AMBCrypto.

Bitcoin: Another 'weak hands' investor expresses regret as BTC nears ATH

Twitter celebrity and Barstool Sports founder Dave Portnoy is one of the many who is regretting selling his Bitcoins.

A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator

Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator.

The US Government Sold Bitcoins at a 21% Premium

Bitcoin auctioned off by world governments as the United States carried a bidding event of 0.7501 BTC, while France sold 611 coins seized from a 2019 hack.

Retail Investors Bought More Bitcoins Than Institutions in Q1 2021, JPMorgan Says

Retail investors have finally outmatched institutions in Q1 2021 by accumulating more bitcoins.

Huge Gemini Inflows of 18K BTC: What’s Behind it and is This Why Bitcoin Dumps?

With BTC dumping to $55,000 today, two analytics companies provide their take on the massive number of bitcoins flowing into Gemini.

Another Purchase: MicroStrategy $15 Million Worth of Bitcoin

The NASDAQ-listed cloud technology provider, MicroStrategy, continues with its DCA strategy by purchasing 262 more bitcoins worth $15 million.  

How to Generate Bitcoins for Free Automatically

The text below is an advertorial article that was not written by Cryptonews.com journalists. Bitcoin has had quite the rollercoaster during the year 2021, climbing to almost $60,000 per BTC. If you’ve been watching the Bitcoin rally for a while you may want to do more with your BTC as the cryptocurrency gains ground with major institutional investors sitting up and taking

Alex Jones Says He Lost Laptop Containing 10,000 Bitcoins

The controversial host of Infowars and the Alex Jones Show claims that he has lost a laptop containing 10,000 bitcoins.

France to Auction 611 Bitcoins Seized From Hackers

The French government will auction 611 bitcoins that were seized from hackers next week.

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion

New data by digital asset firm Bloqport reveals that 25 publicly traded companies now hold a total of 178,855 Bitcoin on their balance sheets worth $9.6 billion.

MicroStrategy Scoops Up an Additional 205 Bitcoins for $10 Million

MicroStrategy has purchased an additional 205 BTC, bringing the firm's holdings to 91,064 Bitcoins.

Why these Bitcoin whales are on a buying spree

Bitcoin's biggest holders, those who HODL more than 1000 Bitcoins in their wallets, are increasing in number, and so is the volume of the Bitcoin they are HODLing.

North America’s First Bitcoin ETF Now Holds Over 11,000 BTC

The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins.

BTC Branded ‘the Most Portable Asset’ as 420k Bitcoins Used as Collateral in Q4 of 2020

According to the findings of a joint Arcane Research and Bitstamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collateral asset.

MicroStrategy spends $15 million to buy additional 328 bitcoins

Business intelligence firm MicroStrategy purchased an additional 328 bitcoins for approximately $15 million.

Bitcoin Miners Are Not Selling But Accumulating Their Crypto Funds

Glassnode data shows that miners are not willing to sell their Bitcoins amid a market wide exchange shortage of the cryptocurrency.