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Bitcoin

Bitcoin

BTC

$43,723.63
-2.56%
Global Average
BTC/USD
Rank
1
Market Cap
$824.15B
Circulating Supply
18.713MM BTC
Volume (1D)
$60.34B

Signals

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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

Tesla will halt sales of cars using bitcoin due to the effects on the environment that cryptocurrency mining can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after. “Tesla has suspended vehicle purchases using bitcoin,” Musk posted on Twitter. “We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment,” he continued. $BTC www.theblockcrypto.com/linked/104720/tesla-stops-taking-bitcoin-payments

Tesla is no longer taking bitcoin payments for car purchases
Elon Musk tweeted out a statement on Wednesday night explaining why the electric carmaker has stopped taking bitcoin as payment for its cars.
theblockcrypto.com
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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

The Securities and Exchange Commission (SEC) hinted that Bitcoin's volatility may mean it’s not yet ready to support an exchange-traded fund (ETF), though the regulator is monitoring the digital asset sector and is seeking input. $BTC www.coindesk.com/sec-warns-mutual-fund-investors-of-bitcoin-futures-risks

SEC Staff Hints at ETF Skepticism, Calls Bitcoin 'Volatile' - CoinDesk
The SEC Division of Investment Management called bitcoin "highly volatile" and hinted it may not be ready quite yet to approve a bitcoin ETF.
coindesk.com
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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

MoneyGram International said Wednesday it will allow customers to buy and sell bitcoin for cash at 12,000 US retail locations through a partnership with Coinme. $BTC www.coindesk.com/moneygram-to-allow-bitcoin-buying-and-selling-across-retail-network

MoneyGram to Allow Bitcoin Buying and Selling Across Retail Network - CoinDesk
MoneyGram International will allow customers to buy and sell bitcoin for cash at 12,000 U.S. retail locations in partnership with Coinme.
coindesk.com
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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

Cboe Global Markets has filed a 19b-4 form to list a Fidelity-linked bitcoin exchange-traded fund (ETF) in the US In its filing, it said concerns about potential manipulation of a bitcoin ETF have been “sufficiently mitigated.” $BTC www.coindesk.com/cboe-kicks-fidelity-linked-bitcoin-etf-application-to-sec

Cboe Kicks Fidelity-Linked Bitcoin ETF Application to SEC - CoinDesk
Cboe BZX Exchange has filed a 19b-4 form for the Fidelity-linked Wise Origin Bitcoin Trust, kicking the bitcoin ETF application to the SEC.
coindesk.com
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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

Goldman Sachs just formed an entire cryptocurrency trading team under their Global Currencies division. The bank informed its markets personnel that a newly created cryptocurrency desk had successfully traded two kinds of bitcoin-linked derivatives. Last year, they called bitcoin "not an asset class." $BTC www.cnbc.com/2021/05/07/goldman-sachs-unveils-new-cryptocurrency-trading-team-in-employee-memo.html

Goldman Sachs internal memo unveils new cryptocurrency trading team
Goldman Sachs formally kicked off the cryptocurrency trading era on Wall Street.
cnbc.com
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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

Financial services firm, Square Inc, reports that its quarterly earnings doubled analyst expectations amid booming demand for crypto assets. Bitcoin alone drove $3.5 billion in revenue, an astonishing increase of 1,000% in just 12 months. $BTC cointelegraph.com/news/square-s-earnings-2-5x-expectations-bitcoin-revenue-up-1000-in-12-months

Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 months
Square’s Jack Dorsey wants the firm’s Cash App to enable Bitcoin to become the native currency of the internet.
cointelegraph.com
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Bitcoin News
Technical
Bitcoin News
Jason Hamlin, Ecosystem Insights

MercadoLibre, the Latin American e-commerce and fintech company, said in a Wednesday regulatory filing that it now holds bitcoin on its balance sheet. "As part of our treasury strategy this quarter we purchased $7.8 million in bitcoin, a digital asset that we are disclosing within our indefinite-lived intangible assets." $BTC www.theblockcrypto.com/linked/103930/latin-american-e-commerce-giant-mercadolibre-discloses-treasury-bitcoin-buy

Latin American e-commerce giant MercadoLibre discloses treasury bitcoin buy
MercadoLibre, the Latin American e-commerce and fintech company, said in a Wednesday regulatory filing that it now holds bitcoin on its balance sheet.
theblockcrypto.com