Tag: Bitcoin trading

Invest tech, Trading

Bitcoin trading volume hits six-year low amid macroeconomic uncertainty

September 26, 2023


Amidst a climate of macroeconomic uncertainty, Bitcoin (BTC) exchanges have seen a significant decrease in trading volume. This decline has been observed over the past few months, with daily BTC volumes reaching lows not seen since 2018, according to research […]

Invest tech, Trading

MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

February 2, 2023

Via: Cointelegraph

Software analytics company MicroStrategy recorded a paper loss of over a billion dollars on its Bitcoin holdings in 2022 but says it has no plans to stop trading the digital asset. MicroStrategy released its 2022 Q4 and year-end earnings on […]

Blockchain, Crypto

Tesla records $140M Bitcoin net loss in 2022

January 31, 2023

Via: Cointelegraph

According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss during 2022 on its Bitcoin holdings. Simultaneously, Tesla recorded a gain […]

Invest tech, Markets

BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’

January 6, 2023

Via: Cointelegraph

Bitcoin could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is becoming an increasingly important BTC price support zone. Point […]