MicroStrategy Buys 14,620 Bitcoins for $615.7 M
In anticipation of a spot Bitcoin exchange-traded fund (ETF) approval, business intelligence firm MicroStrategy buys 14,620 Bitcoins, increasing its total stash to 189,150 BTC Between November 20, 2023, and December 26, 2023, MicroStrategy and its subsidiaries acquired an additional 14,620 BTC for $615.7 million in cash, the company disclosed in its 8-K filing with the […]
Bitcoin Demand, Fees Soar Due to Spot ETF Hype
The anticipation that the United States will soon authorize a spot Bitcoin exchange-traded fund (ETF) has boosted demand for the leading Bitcoin and caused a surge in transaction fees. According to statistics compiled by CryptoFees, the Bitcoin blockchain received $11.6 million in fees paid on November 16. According to data from YCharts, the mean transaction […]
Swan to Block Accounts of Customers Using Crypto-Mixing Services
Swan, a Bitcoin service platform, notified its users that compliance with FinCEN regulation would compel the termination of accounts utilizing crypto-mixing services. In a letter to customers, the policy was elucidated, with the implication that the modifications were necessitated by a proposed rule by the Financial Crimes Enforcement Network (FinCEN), which imposes additional obligations on […]
Botev Plovdiv FC Adopts Bitcoin, Lightning Network, Joins Nostr
Bulgaria’s oldest football club, Botev Plovdiv FC, has adopted Bitcoin and Lightning Network for peer-to-peer payments. Bitcoin has reached a new adoption milestone. Botev Plovdiv FC, the oldest football club in Bulgaria, has adopted Bitcoin and Lightning Network payments and joined the Nostr decentralized protocol . Fans can now utilize Bitcoin for peer-to-peer payments at […]
Matrixport Reiterates Bitcoin Prediction of $45K By Year-End
Matrixport, a cryptocurrency trading company founded by Wu Jihan, co-founder of Bitmain, has reiterated its prediction that Bitcoin will reach $45,000 by the end of the year as predicted at the beginning of 2023. Matrixport reiterated its bold Bitcoin forecast in a blog post on October 24. Initially establishing its 2023 year-end BTC price target […]