Tech company MicroStrategy has bought more than $400 million of bitcoin as it continues to invest in the cryptocurrency.MicroStrategy is a software company that sells data analytics tools and other business intelligence tools.But recently it has become primarily famous for its chief executive Michael Saylor and his commitment to investing the company’s holdings into bitcoin.…
The price of bitcoin shot up by more than $4,000 overnight to recuperate losses suffered last week.The cryptocurrency reached above $58,000 to close within $10,000 of the all-time high it reached earlier this month.Follow our live coverage of the crypto marketThe 7 per cent price rise was mirrored by several other leading cryptocurrencies, including Ethereum…
The price of bitcoin and several cryptocurrencies has plunged by over 7 per cent in the last few hours amid fears of the new coronavirus variant shaking traditional markets.BTC is down by about 7 per cent in just the last four to five hours and continues to nosedive, while Ethereum (ETH), Solana (SOL), Dogecoin (doge),…
The bitcoin network now handles more volume than online payments giant PayPal, according to the latest data.Figures from blockchain insight firm Blockdata show that the bitcoin network processed an estimated average of $489 billion per quarter in 2021, compared to PayPal’s average of $302 billion per quarter.Bitcoin’s figure is still a long way off that…
The price of bitcoin has risen back above $58,000 pm Thursday following a bumpy few days for the cryptocurrency.The mini revival for BTC has had a positive impact on the overall crypto market, which is up roughly 2 per cent over the last 24 hours, with Ethereum (ETH), Binance Coin (BNB) and Solana (SOL) all…
Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images.Chris Torres, the artist who first created Nyan Cat, recently ‘minted’ a new GIF of the famous internet meme which sold for over $470,000 worth of the Ethereum cryptocurrency…
The price of bitcoin has steadied at around $57,000 on Wednesday following a bumpy few days for the cryptocurrency.Despite the calm for BTC, the overall crypto market is up more than 3 per cent over the last 24 hours, with Ethereum (ETH), Binance Coin (BNB) and Solana (SOL) all surging by around 5 per cent…
Ethereum could be a better bet for investors than bitcoin, according to US banking giant JPMorgan Chase.The world’s second most valuable cryptocurrency has risen in price by more than 500 per cent in 2021, compared to a 96 per cent rise for BTC, and now has a market cap roughly half that of bitcoin’s.Follow our…