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Bitcoin Latest News

Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties

August 3, 2022 - by - Leave a Comment

Nasdaq-listed Bitcoin miner SAI.TECH has terminated the remainder of its expansion into Kazakhstan in light of uncertainty in the region.Read MoreCoinDesk Singapore-based bitcoin miner SAI.TECH (SAI) has terminated the remainder …

Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties Read More
Bitcoin Latest News

Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar

August 3, 2022 - by - Leave a Comment

Stablesats lets people use Lightning for everyday payments without exposure to short-term volatility.Read MoreCoinDesk Galoy, the company behind the open-source banking platform that powers El Salvador’s Bitcoin Beach Wallet, started …

Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar Read More
Bitcoin Latest News

Galoy Brings U.S. Dollars To Bitcoin’s Lightning Network

August 3, 2022 - by Namcios - Leave a Comment

In addition to its new bitcoin-backed U.S. dollar balance on Lightning, Galoy also announced a $4 million raise. Galoy Inc., the team behind the wallet of El Salvador’s Bitcoin circular …

Galoy Brings U.S. Dollars To Bitcoin’s Lightning Network Read More
Bitcoin Latest News

New Optimistic Buyers Flock To Bitcoin

August 3, 2022 - by Mike Ermolaev - Leave a Comment

Holders who have accumulated bitcoin over the past six months aren’t liquidating their positions despite unrealized losses, suggesting conviction in the asset. This is an opinion editorial by Mike Ermolaev, …

New Optimistic Buyers Flock To Bitcoin Read More
Bitcoin Latest News

TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%

August 3, 2022 - by - Leave a Comment

Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support. Bitcoin is showing …

TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5% Read More
Bitcoin Latest News

First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains

August 2, 2022 - by - Leave a Comment

The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn’t what it used …

First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains Read More
Bitcoin Latest News

Ethereum Options Surpass Bitcoin Ahead Of Upcoming Merge

August 2, 2022 - by - Leave a Comment

Ethereum has been outperforming bitcoin for a while now. The altcoin had managed to grow so rapidly that it is now about half the market cap of bitcoin despite being …

Ethereum Options Surpass Bitcoin Ahead Of Upcoming Merge Read More
Bitcoin Latest News

Michael Saylor To Change His MicroStrategy Role To Focus On Bitcoin

August 2, 2022 - by Namcios - Leave a Comment

The current CEO of MicroStrategy will soon become executive chairman to better focus on the company’s Bitcoin strategy. MicroStrategy, the software intelligence firm famously bullish on Bitcoin, announced on Tuesday …

Michael Saylor To Change His MicroStrategy Role To Focus On Bitcoin Read More
Bitcoin Latest News

MicroStrategy’s Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role

August 2, 2022 - by - Leave a Comment

Phuong Le, who had previously served as the company’s president, CFO and COO, will become the new CEO.Read MoreCoinDesk Business software firm MicroStrategy (MSTR) has appointed Phuong Le, the company’s …

MicroStrategy’s Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role Read More
Bitcoin Latest News

MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2

August 2, 2022 - by - Leave a Comment

The software firm owns 129,699 bitcoins worth approximately $3 billion.Read MoreCoinDesk MicroStrategy (MSTR) took a non-cash digital asset impairment charge of $917.8 million in the second quarter, up from $170.1 …

MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2 Read More

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