sponsored The cryptocurrency market is stagnant. Investors are cautious and hesitant to make investments. Some initiatives, however, thrive even in such circumstances: Mars4, a play-to-earn project, h...
Category: Bitcoin
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Bitcoin Drops to $29,200 as Inflation Reaches Highest Level Since 1981
Alex Dovbnya U.S. inflation has grown at its fastest rate in four decades, exerting more pressure on risk assets Bitcoin, the world’s top cryptocurrency, dropped to an intraday low of $29,453 af...
Here’s Why Bitcoin Miners In Texas Are Cutting Down On Power
June witnessed record-breaking power use levels which occurred due to high temperatures in Texas, posing a challenge for the power grid of the state. According to data from the Electric Reliability C...
Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine – Bitcoin News
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had co...
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
Ethereum’s native token Ether (ETH) resumed its decline against Bitcoin (BTC) two days after a successful rehearsal of its proof-of-stake (PoS) algorithm on its longest-running testnet “Ro...
Dubai-Based “Five Hotels and Resorts” To Accept Bitcoin And Ethereum Payments
– Advertisement – A popular hotel and resort from Dubai is expanding into Europe and plans to accept BTC and ETH payments. Cryptocurrencies are expanding their reach and acceptance into ...
Bitcoin’s Price to Skyrocket by the Year’s End, Predicts deVere Group CEO
According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly co...
Bitcoin (BTC) Will Explode by Over 700%, According to CEO of $80,000,000,000 Asset Manager: Report
The CEO of global investment manager VanEck, Jan van Eck, is reportedly expressing optimism that the price of Bitcoin (BTC) will rise to stratospheric heights. The VanEck CEO says that Bitcoin could r...
Washington State Raises Bitcoin Mining Charges By 29%
The charges to access hydroelectric power for Bitcoin Mining F has now gone up by 29% in Washinton state located in Western United States. The new raise was commissioned by a Public Utility District C...
Swedish central bankers snipe Bitcoin mining, cite rampant energy use
Another day, another environmental attack on proof-of-work (PoW) mining. A report shared by the Swedish central bank argued that energy-intensive Bitcoin (BTC) and cryptocurrency mining should be bann...
BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)
After the US announced the latest record-setting CPI data, bitcoin dumped below $30,000 and registered a two-week low. The altcoins are in an even worse shape, with ETH plummeting to its lowest price ...
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...
Elon Musk Reacts to Ex-Twitter CEO Jack Dorsey’s Bitcoin Web5 Project, Says Dogecoin’s Web69 Will Be Awesome
– Advertisement – The Tesla exec has reacted to reports of Dorsey building a Web5 decentralized web that will focus solely on Bitcoin. The cryptocurrency community has reacted positively t...
Bitcoin (BTC) Price Primed to Plunge Hard To Hit $21,000 Soon
In a recent twist within the crypto space, most of the assets are on the verge to break their lower support and mark new lows in 2022. Bitcoin price on the other hand, which maintained the lower suppo...
Report: Decoding how global Bitcoin adoption can cross 10% by 2030
The global adoption of Bitcoin is set to further increase tremendously by 2030 as per Blockware, an infrastructure provider for blockchain technologies. The prediction does not come off as surprising ...
Felix Capital Raises $600 Million to Grow Web3 Exposure – Bitcoin News
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling start...
Bitcoin Lightning Network capacity charges through 4,000 BTC
There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-p...
Farfetch Luxury-Fashion Giant to Begin Accepting BTC, ETH, BNB Payments Soon
Yuri Molchan Crypto payments that include Bitcoin and BNB are soon to be adopted by another major luxury-fashion company in Europe Contents Seven cryptos to be accepted by Farfetch via Lunu PoS Ripple...
Bitcoin (BTC) Slips In Minutes After Steaming-Hot U.S. Inflation
Bitcoin (BTC) slipped on Friday after U.S. CPI data showed inflation was nowhere near cooling. BTC fell 1.5% in minutes after the reading, which showed that the U.S. consumer price index (CPI) expande...
Abra Touts First Bitcoin Card on the American Express Network
Abra announced today the launch of its crypto credit card, which will use the American Express network and give cardholders the chance to earn Bitcoin as a reward for making purchases. “We’ve kn...
Bitcoin (BTC) Dumps With The U.S May CPI at 8.6%
The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC. Just when the Bitcoin (BTC) sees the limelight at touching the $30K...
Jack Dorsey’s TBD Is Building an ‘Extra’ Decentralized ‘Web5’ on Bitcoin
Jack Dorsey thinks Web3 is a joke, so he’s making Web5 instead. Dorsey’s TBD, a subsidiary company within Block (previously known as Square), announced today that it is building “Web5: An extra decent...
Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin News
Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that...
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy. According to fi...
JayZ and Jack Dorsey Collaborate to Launch Bitcoin Academy
JayZ and Jack Dorsey collaborate to launch Bitcoin Academy – and the communication isn’t particularly inviting about this. Cryptocurrency has allowed common folks to achieve financial freedom like not...
Bitcoin, Ethereum Tumble as CPI Report Points to Rising Inflation
Inflation accelerated again in May after slowing down in April, which could have a negative impact on cryptocurrency markets already reeling from the Federal Reserve’s tighter monetary policy. The Con...
3 Reasons Why Bitcoin’s Downtrend Is Extremely Weak Right Now
Arman Shirinyan While bears were dominating the market back in April and May, we may see different picture in June Bitcoin’s nine-week streak of losses was something the cryptocurrency market ha...
Bitcoin HODLers’ confidence has these sermons for investors
Bitcoin the largest cryptocurrency has had quite a tough ride since its inception. However, no matter what the market conditions were, a group of HOLDers has continued to maintain strong support despi...
Bitcoin, Ethereum, Cardano, and Dogecoin Daily Price Analyses – 10 June Roundup
The global crypto market has continued bearishly as there has been little improvement in Bitcoin and other coins value. The changes have affected its value as there has been a significant decrease. Th...
What made People optimistic about bitcoin among Developing Nations this high?
Following a common notion, most investment in stocks and assets come from developing nations citizens The highly volatile and speculative nature of bitcoin and such other cryptocurrencies that created...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second – Mining Bitcoin News
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate ...