Category Archives: Bitcoin (BTC)

MMS, part of German telecom giant Deutsche Telekom, has launched a trial Bitcoin (BTC) mining project with Bankhaus Metzler. The mission of the project is to create a system for mining BTC that will use excess energy produced by renewable sources such as solar and wind and, as a result, help stabilize the country’s power grid by using […]

According to data provided by CoinWarz, Bitcoin mining difficulty, a metric that shows how many hashes have to be generated to solve the next block, is on track to surpass 100 trillion this week. After the most recent adjustment, the closely followed metric currently stands at 95.67 trillion after the most recent adjustment, which took place […]

According to data provided by cryptocurrency analytics platform IntoTheBlock, this Bitcoin cycle is clearly different compared to the previous cycle when it comes to the behavior of the cryptocurrency’s long-term holders.  This influential group of market participants is not selling Bitcoin holdings as aggressively as during previous bull runs.  “This cycle marks some clear differences […]

According to data provided by cryptocurrency analytics firm Spot On Chain, wallets associated with the now-defunct Mt. Gox cryptocurrency exchange transferred more than $2 billion worth of Bitcoin to three new addresses earlier this Tuesday.  The price of Bitcoin dropped to as low as $66,853 earlier today, according to data provided by CoinGecko.  Following the […]

On Monday, Bitcoin exchange-traded funds logged $580 million worth of outflows. These are the largest single-day outflows to date, according to data provided by Bianco Research.   Fidelity Wise Origin Bitcoin Fund (FBTC) recorded as much as $169 million worth of inflows.  The ARK 21Shares Bitcoin ETF (ARKB) comes in second place with $138 million.  Grayscale Bitcoin […]

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Medical tech company Semler Scientific intends to purchase more Bitcoin, according to Chairman Eric Selmer.   The publicly traded company is currently exploring additional options that would allow it to secure more cash for buying Bitcoin.  Selmer has praised the “wisdom and benefits” of implementing a MicroStrategy-like debt-for-Bitcoin strategy.    As reported by U.Today, the firm announced its decision […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Eric Balchunas, Bloomberg’s leading ETF analyst, has predicted that Bitcoin exchange-traded funds (ETFs) could “triple” gold ETFs over the years during a recent appearance on the “Coin Stories” podcast hosted by journalist Natalie Brunell.   While gold is also used by investors to hedge against inflation and dollar devaluation, it is really boring, according to Balchunas. The […]