Will Bitcoin mining expansion be profitable for miners

The crypto market continued fluctuating this week. Consequently, the global crypto market capital noted just a 1.71% increase over the last day to reach $1.07 trillion, at the time of writing. Bitcoin...

Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News

This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bil...

Bitcoin Info-Stealer Source Code Released – Trustnodes

The source code for a Rust based hacking tool has been released for free on hacking forums and on GitHub with it already used in the wild. “The stealer can target multiple Chromium-based browsers, cha...

Bitcoin derivatives show a lack of confidence from bulls

Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC tow...

MicroStrategy to expand its bitcoin bet as Saylor steps down as chief exec

MicroStrategy (MSTR) released its Q2 earnings results on Tuesday, announcing its president Phong Le will replace current chief Michael Saylor as CEO, who will instead become its executive chairman in ...

Bitcoin (BTC) looks to retake critical support level, Gnox (GNOX) gains 52% in the first week of presale, Ethereum (ETH) moves closer to proof-of-stake

For the past few weeks, the “heaviness” in the market has been painful for investors. The collapse of Terra USD triggered a selloff across the board, with Bitcoin taking a plunge to yearly lows. There...

Bitcoin ‘has already bottomed and its fair value is $40k’, SkyBridge’s Scarramucci suggests

After a market-wide sell-off that engulfed it in recent months, the cryptocurrency sector is finally catching its breath, driven by its major assets like Bitcoin (BTC), leading some crypto enthusiasts...

Successfully Running MicroStrategy For 3 Decades, Saylor Steps Down As CEO After Firm Bears Huge Bitcoin Losses

– Advertisement –   Microstrategy’s Michael Saylor is stepping down as CEO to concentrate on Bitcoin advocacy as company chairman. Please join the @MicroStrategy management team at 5pm ET ...

Bitcoin miner Marathon secures additional $100 million loan

Marathon closed a deal for a $100 million loan from Silvergate Bank collateralized by bitcoin, a move that comes as other miners have sold bitcoin in an effort to pay down their debts. The company als...

Woman Behind Bitcoin Murder for Hire Plot Sentenced to Ten Years in Prison

The U.S. Department of Justice announced the sentencing of Jessica Leeann Sledge of Pelahatchie, Mississippi, to ten years in prison on Monday for allegedly attempting to hire an assassin through a da...

Bitcoin Flashes Rare Bottom Signal As Altcoin Market Cap and One More Metric Hint at Trend Reversal: Top Analyst

A closely followed analyst is highlighting one key historical metric as an indicator that Bitcoin (BTC) may finally have set a bottom after an eight-month-long bear market. The pseudonymous crypto ent...

BTC Price Slumps and Finds Buyers at Lower Levels

Bitcoin Resumes Consolidation as It Slumps and Finds Buyers at Lower Levels – July 31, 2022 Since July 30, BTC/USD has been trading marginally as it slumps and finds buyers at lower levels. The price ...

91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140

The number of Bitcoin is becoming rare as only 9% is left to be mined for the next century, according to data from the Clark Moddy Bitcoin’s dashboard. Per the announcement from Bitcoin Magazine...

BTC Taps $23K, SOL Slumps 4% Following Wallet Hack

After yesterday’s brief price slumps below $23,000, bitcoin has reversed its trajectory and reclaimed that level. Most altcoins are also slightly in the green today. Solana is among the few exceptions...

Sixth-tier English football league club Oxford City Football Club accepts BTC

The adoption of Bitcoin ((BTC/USD)) in the United Kingdom has gone a notch higher after a sixth-tier English football league club Oxford City Football Club announced that it will start accepting bitco...

South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry – Bitcoin News

A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The profess...

Bitcoin, Ripple, and Market Volatility: Interview With Cyrus Taghehchian

With the cryptocurrency market in freefall, investors and funds are looking for utility-based projects that provide real-world value. Companies building despite market conditions continue to develop, ...

Veteran Trader Tone Vays Details Multiple Signals of Strength for Bitcoin, Says Environment for BTC Turning Bullish

Veteran trader Tone Vays says a number of key technical metrics are flipping bullish for Bitcoin (BTC) after enduring a bearish backdrop for most of the year. In a new strategy session, Vays tells his...

Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push – Bitcoin News

Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona,...

Bitcoin Advocate Michael Saylor to Step Down as MicroStrategy CEO

Alex Dovbnya Phong Le will replace Michael Saylor as the company’s new CEO Michael Saylor is stepping down as CEO of MicroStrategy, the business intelligence firm he co-founded in 1989.    Saylo...

Bitcoin: Evaluating if investors are seeing a bear market rally

Bitcoin, the largest cryptocurrency has rallied strongly off the bottom, reaching above the $23k mark. So does this imply the beginning of the bull market? Well, Glassnode in its latest weekly ‘On Cha...

Bitcoin Price Analysis: BTC Reaches Key Support

Bitcoin price started a fresh decline below the $23,500 zone against the US Dollar. The price is now trading below $23,000 and the 55 simple moving average (4-hours). There is a key bearish trend line...

ECB: Bitcoin Is Least Credible for Cross-border Payments

The ECB noted that CBDCs provide a more credible alternative compared to unbacked digital assets. Research published by the European Central Bank (ECB) has concluded that Bitcoin is the least credible...

Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists

Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China. BTC price U-turns as Pelosi lands in Taipei Data from Coin...

Bitcoin Maverick Michael Saylor Drops CEO Role At MicroStrategy After Reporting $1 Billion Loss

One of the biggest Bitcoin proponents Michael Saylor has stepped down from the position of CEO of his business intelligence firm MicroStrategy. The announcement came on Tuesday, August 2, as the compa...

Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%

Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support. Bitcoin is showing bearish signs b...

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors – Bitcoin News

Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto len...

Ethereum Options Surpass Bitcoin Ahead Of Upcoming Merge

Ethereum has been outperforming bitcoin for a while now. The altcoin had managed to grow so rapidly that it is now about half the market cap of bitcoin despite being more than 5 years younger. This ou...

MicroStrategy’s Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role

Meanwhile, during the earnings conference call, Le said he doesn’t expect any imminent strategy changes for the company and he’s been aligned with Saylor on the enterprise and bitcoin stra...

Mississippi Woman Jailed for 10 Years After Paying for Murder in Bitcoin

The US Department of Justice sentenced the 40-year-old resident of Pelahatchie, Mississippi – Jessica Sledge – to the statutory maximum of 10 years in Federal Prison. In 2021, the woman hired a “hitma...

The NY Times Feature On Bitcoin Maximalism Is Full Of Surprises. Here Are A Few

Is The NY Times changing its tune? Not exactly, but it’s a start. And a big improvement over the mainstream media’s constant attacks on bitcoin. The newspaper interviewed notable bitcoiners, quoted th...

Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Regulation Bitcoin News

The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...