Bitcoin news and updates
Here are some recent Bitcoin news and updates:
Price Updates
- Bitcoin (BTC) price has been trading around $55,000-$60,000 in the past week, with a slight dip to $53,000 on Monday.
- The cryptocurrency has gained around 10% in the past month, according to CoinMarketCap.
Regulatory Updates
- The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) has issued new guidance on the use of cryptocurrencies, including Bitcoin, for money laundering and terrorist financing.
- The European Union's Parliament has approved a new set of regulations aimed at preventing the use of cryptocurrencies for money laundering and terrorist financing.
Institutional Investment
- MicroStrategy, a business intelligence company, has announced that it has purchased an additional 5,050 Bitcoins, bringing its total holdings to over 114,000 Bitcoins.
- The company's CEO, Michael Saylor, has stated that he believes Bitcoin is a better store of value than gold.
Mining Updates
- The Bitcoin mining pool, F2Pool, has announced that it will be shutting down its operations due to the increasing difficulty of mining and the decline in profitability.
- The mining company, Bitmain, has announced that it will be launching a new mining chip, the Antminer S19 Pro, which is expected to be more energy-efficient and powerful than its previous models.
Other News
- The cryptocurrency exchange, Coinbase, has announced that it will be listing the stablecoin, USDC, on its platform.
- The decentralized finance (DeFi) platform, Compound, has announced that it will be launching a new lending product that allows users to borrow and lend cryptocurrencies.
- The Bitcoin-based decentralized exchange (DEX), SushiSwap, has announced that it will be launching a new token, SUSHI, which will be used to govern the platform.
Upcoming Events
- The Bitcoin 2021 conference is scheduled to take place on June 4-5 in Miami, Florida.
- The Consensus 2021 conference is scheduled to take place on June 9-11 in New York City.
- The Blockchain Week 2021 conference is scheduled to take place on June 14-18 in New York City.