Archives: Fast News

BTC tops $47,000 as CNBC predicts Wednesday Bitcoin ETF approval

CNBC that multiple ETFs are expected to be approved Wednesday and could begin trading this week.

The above positive news has become the driving force for Bitcoin. In the past 24 hours, Bitcoin price has witnessed an impressive growth of 7.58% to a price of 46,753 USD.

Japanese e-commerce giant Mercari to accept Bitcoin payments

According to Foresight News, Japanese e-commerce giant Mercari will allow users to purchase goods on its flea market app using Bitcoin before June.

The company will process Bitcoin payments through its subsidiary Melcoin’s virtual currency exchange service.

Whale accumulated 520 BTC

According to Whale Alert, in the last 15 hours, 520 BTC was transferred from Kraken to an unknown wallet. This amount of BTC is worth $22,817,265.

Whale withdrew 1,750 BTC from Binance

According to Lookonchain, a whale has accumulated 1,750 BTC ($76.9 million) from Binance in the past 2 days at $43,953.

VanEck commits to donating 5% of spot ETF profits to Bitcoin core developers

VanEck, a notable investment management firm, has pledged to allocate 5% of profits generated from their Spot Exchange-Traded Fund (ETF), if approved by the SEC, towards supporting Bitcoin Core developers for a period exceeding a decade.

Honduras special zone officially recognizes Bitcoin as a unit of account

Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account — meaning it can now be used to measure the market value of goods and services.

74% of ETH holders are profitable

According to data gathered by analytics firm IntoTheBlock, 74% of ETH holders are profitable on their investments.

In addition, 3% of investors are breaking even, and 23% are losing money from holding this coin.