Tag: Bitcoin

Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode

[ad_1] Canadian Bitcoin exchange-traded fund (ETF) holdings have increased to all-time highs according to recent research, and spot-based products are leading the way. Canadian Bitcoin ETFs have increased their holdings by 6,594 Bitcoin (BTC) since January to reach an all-time high of 69,052 total BTC held. The Purpose Bitcoin...
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Why The Latest Correction Is Good For Bitcoin

[ad_1] Bitcoin has finally corrected downwards after being on a bull rally for the better part of this week. This is an expected development for a digital asset that has grown so much in such a short time. However, while some in the market lament this downtrend, it is...
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Bitcoin Helps Market Hover Past $2 Trillion As BTC Nears $48,000

[ad_1] Bitcoin and other cryptocurrencies appear to be gaining traction, as the first quarter winds down. Crypto has reached the $2 trillion threshold and is proving surprisingly resilient in the face of global uncertainty. As of Tuesday, Bitcoin has totally recovered from its early-year losses. BTC fell from $47,733.40...
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Rio de Janeiro to accept Bitcoin for real estate taxes from 2023

[ad_1] The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU). As reported by Cointelegraph Brazil, the new pro-crypto tax laws will be implemented...
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Lugano and El Salvador Lead Bitcoin Adoption, Others to Follow?

[ad_1] Earlier this month, Swiss city Lugano accepted Bitcoin as legal tender in the region. The authorities also encouraged local businesses to accept crypto payments in everyday transactions. While Lugano’s crypto announcement surprised anti-bitcoiners, the crypto community’s reaction was pretty normal as they expected more countries and regions to...
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Bitcoin Breaks Past The $40,000 Barrier Again

[ad_1] Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021. Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty. Since January...
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Bitcoin spikes to $41.7K highs as Ethereum nears $3K reclaim

[ad_1] Bitcoin (BTC) saw brisk upwards action during the Wall Street trading session on March 18, conforming to predictions that higher levels would see a retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets placed on $46,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it advanced $1,650...
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Bitcoin Resumes Decline, Why BTC Could Revisit $35K

[ad_1] Bitcoin started a fresh decline below $40,000 against the US Dollar. BTC is gaining bearish momentum and could even drop to the $35,000 support. Bitcoin started a fresh decline below the $40,000 and $39,000 levels. The price is trading below $40,000 and the 100 hourly simple moving average....
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2,262 Bitcoin Addresses Hold at Least 1,000 BTC

[ad_1] The number of Bitcoin millionaires, addresses with 1,000+ coins, has touched its highest level since April 2021. Glassnode’s on-chain data shows that 2,262 BTC addresses are now holding more than 1,000 coins. Q4 2021 volumes have gone up or down and how much? According to the current price...
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