The Ethereum Merge has done no good for the crypto bulls as the stocks continue to trend low and add to already intensified market pressure. On September 16, as the most recent cross-crypto slump gre...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin is Fueling the Climate Crisis: Greenpeace USA
Greenpeace USA – an environmental advocacy group – is calling out Bitcoin for having what it calls an “outdated and efficient” code system. In a tweet on Thursday, the organization doubled down on cl...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Regulation Bitcoin News
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
Bitcoin.com Wallet Adds Support for Avalanche (AVAX) – crypto.news
Bitcoin.com has announced that its multichain self-custodial wallet now supports Avalanche (AVAX). Bitcoin.com Wallet users will now be able to buy, sell, send, receive and manage their $AVAX. Bitcoin...
Bitcoin slips below $20,000, ether teeters on the edge of $1,500 after The Merge
Crypto markets slumped during a subdued trading day following Ethereum’s official shift to proof of stake. Bitcoin was trading at $19,763 on Coinbase, down about 0.48% over the past 24 hours, ac...
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules – Regulation Bitcoin News
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulatio...
Bitcoin Whale Selling Pressure Continues As BTC Dips Under $20k
On-chain data shows Bitcoin whales have continued to put selling pressure on the market as the price of the crypto now drops below $20k. Bitcoin Exchange Whale Ratio Has Spiked Up To High Values As po...
Michael Saylor: there is no alternative to Bitcoin
According to the now famous CEO of MicroStrategy, Michael Saylor, there is no alternative to Bitcoin. There is no alternative to #Bitcoin. — Michael Saylor⚡️ (@saylor) September 15, 2022 Saylor often...
eCash (XEC) Extends Gaining Streak – Bitcoin ABC 0.26.0 Upgrade In-Play
Join Our Telegram channel to stay up to date on breaking news coverage Despite the crypto market’s poor performance, the eCash (XEC) coin has extended its gaining streak and surged around the $0.00005...
Spoils Of The Merge: Bitcoin Proof Of Work Dominance Rises To 94%
With the Ethereum Merge successfully completed, bitcoin has seen its biggest proof of work competitor network eliminated. While the pioneer digital asset had maintained the largest share of the proof ...
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on tran...
Bitcoin layer 2 Statechains gaining recognition as the reality of privacy erosion sets in
On August 8, the U.S Treasury added Tornado Cash to its Office of Foreign Assets Control (OFAC) list. Officials alleged that the crypto mixer was used to launder over $7 billion of crypto tokens since...
Built with Bitcoin Establishes New School in Kenya
A non-profit organization known as the Built with Bitcoin Foundation has put together the funds necessary to build a new hybrid nursery and primary school in the center of Kenya, one of Africa’s most ...
New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours – Bitcoin News
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after...
Bitcoin falls below all key moving averages for the fifth time ever
A moving average (MA) is a stock indicator commonly used in technical analysis. As its name suggests, the indicator smooths out price data by creating a constantly updated average price over a specifi...
El Salvador’s Pro-Bitcoin President Will Seek Re-Election in 2024
The current President of El Salvador known as an outspoken bitcoin proponent – Nayib Bukele – said he will compete in the next presidential elections in 2024. Throughout his reign, El Salvador launche...
SEC Chair Gensler Says He Supports CFTC Having Oversight Over BTC, Ether ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says he supports the proposal to give oversight of Bitcoin (BTC) and Ethereum...
Luart Officially Rebrands to Arcnes as the Platform Looks to Be More Than Just an NFT Marketplace – Press release Bitcoin News
press release PRESS RELEASE. Luart has announced an official rebranding to Arcnes, a move that will better position the NFT platform to innovate and grow to its fullest potential, and this is because ...
Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake
Transitioning the Ethereum blockchain from proof-of-work to proof-of-stake has reduced its energy usage by more than 99% — and many climate activists have called for Bitcoin to follow suit. In a Thur...
Bitcoin Is the ‘Cleanest Industrial Use of Electricity,’ Says BTC Firebrand Michael Saylor
Controversial Bitcoin firebrand Michael Saylor claims Bitcoin (BTC) is the “most efficient, cleanest industrial use of electricity.” The MicroStrategy executive chairman says in a new blog that his fi...
Bitcoin Standstill Near $20,000 – White House Suggests Banning POW Mining
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin standstill near $20,000, consolidating in a narrow trading range of $19,500 to $20,300 as investors are cautious over com...
Why Are Big Eyes Coin, Bitcoin, and The Sandbox Topping…
Bitcoin (BTC): The Digital Currency Pioneer To Ride on Its Market Influence It looks like an overstated mention of Bitcoin (BTC) as the top crypto to buy, but it is what it is. The market influence of...
Accused Bitcoin Laundrer asked to access crypto wallets for tax purposes. –
Heather “Razzlekhan” Morgan and her husband Ilya Lichtenstein have alleged for laundering 119,754 Bitcoin looted at the time of the attack on crypto exchange Bitfinex in the year 2016. She also wants...
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work – Mining Bitcoin News
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consen...
Analyst Maps Next Levels For BTC, DOT, FTT & ATOM!
While Bitcoin price has dropped below $20,000, a renowned crypto analyst and trader claims to be waiting for the right action to predict BTC price. An anonymous trader who is known as Altcoin Sherpa, ...
Greenpeace shows it has no idea about bitcoin
The Environmental Working Group and Greenpeace have launched a petition to pressure bitcoin to follow Ethereum and switch to a more climate friendly protocol. Environmentalists demand a cleaner Bitcoi...
ATOM Moves Closer to 4-Month High, LINK Also Higher – Market Updates Bitcoin News
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to ri...
1.65M Bitcoin Sent to Exchanges in Few Days, Signaling High Selling Pressure
– Advertisement – Investors moved 1.65 million Bitcoin to several exchanges from September 7 to 13, marking the highest ever 7-day exchange inflow in 11 months. Bitcoin has met several o...
Musings from the editor: is Peter Schiff right on Bitcoin?
It is hard to be a Bitcoin (BTC) bull these days. The latest Bitcoin price stands shy of $20,000 and two recent attempts to gain back the $25,000 level have failed. To recapture its highs of around $6...
First solar-power Bitcoin mining plant opens in South Australia
A solar-powered Bitcoin (BTC) mining plant has begun operations in South Australia to become the first-of-a-kind center in the region. The plant operated by Lumos Digital Mining provides about five m...
Over $33 billion worth of Bitcoin enters exchanges marking the largest weekly influx in a year
Since May 2022, the cryptocurrency market has seen significant downward movement, with prices plummeting due to increased pressure from sellers as the Federal Reserve announced and began raising inter...