According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top...
Category: Bitcoin
Live Bitcoin News Updates.
All Eyes are on Big Eyes Coin as Presale Comes to an End While The Crypto Community Awaits Bitcoin and Litecoin Halving – Cryptopolitan
After a solid start to 2023, Bitcoin dropped in value this week, and investors are now wondering if alt season is here. Litecoin’s anticipated halving event is coming up in August, which is predicted ...
Dogecoin Overtakes Bitcoin And Litecoin In Transactions With Surging DRC20 Tokens!
Key Points: Dogecoin’s daily transaction volume surpasses Bitcoin and Litecoin. Users are looking to mint DRC20 tokens on the Dogecoin network. Dogecoin’s daily transactions hit a peak of 650,000, out...
Bitcoin’s Scaling Challenges: Addressing Congestion, Fees & Emergent Tokens
Bitcoin’s network congestion and transaction fees have surged due to the adoption of BRC-20 tokens. Exploring the potential of ordinals and fungible tokens may lead to groundbreaking scaling solutions...
Tradecurve.io Presale Sells Out as Bitcoin and Ethereum Whales Pump the Hybrid-Exchange – Cryptopolitan
The two leading digital currencies – Bitcoin (BTC) and Ethereum (ETH) – are currently having a hard time as the two coins lose massively. It’s a different ball game for Tradecurve, whose presale stage...
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High – Bitcoin News
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on Apri...
Bitcoin Faces Major Obstacle In The US, According To Hedge Fund Expert Paul Tudor Jones
Key Points: American billionaire hedge fund manager Paul Tudor Jones believes that bitcoin has a “real problem” due to unfriendly regulation in the US. At its height in November 2021, bitcoin was valu...
Bitcoin Active Addresses Sharply Decline Despite Transaction Demand, Why?
Data shows that Bitcoin active addresses have sharply dropped despite the high transaction demand; here’s why this may be happening. Bitcoin Active Addresses Have Seen A Sharp Plunge Recently Accordin...
Bitcoin could see renewed momentum thanks to these BTC investors…
Bitcoin’s median transfer volume has recently reached a record low. However, the number of Bitcoin transactions has spiked to an all-time high. The ever-changing price of Bitcoin [BTC] appears to have...
Bitcoin Price Just Saw Key Technical Correction But 100 SMA Is Still Strong
Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a d...
US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’ – News Bitcoin News
U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation s...
Analyst Predicts Altcoins Boom Ahead of Bitcoin Halving
The Bitcoin and the altcoins market has since been on a rollercoaster ride over the last few months, with investors looking to make gains at every opportunity, especially with the current trend of the...
Bitcoin $BTC, Ether $ETH Prices Stuck in ‘Wind Tunnel’
Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the chal...
Bitcoin Price Double Fractal Points To “Extended” Parabolic Rally
Bitcoin price seems to merely be grinding upwards, with a dusting of chop in between. What corrections have arrived have been minimal, and are shockingly similar in both time and price. This fractal b...
Bitcoin Funds Take a Hit As Investor Confidence Wanes
Money is being pulled out of big crypto funds as investor sentiment seemingly shifts and the digital asset market as a whole dips. Last week, investors withdrew over $54 million from large digital as...
Ordinals, BRC-20 Tokens, and Miners Offloading BTC: Why is Bitcoin Down
Bitcoin recovered slightly over the weekend, but still remains suppressed at a relative seasonal low of $27,360. What’s behind the latest slump?According to crypto market analysis firm CryptoQuant, th...
Why Billionaire Paul Tudor Jones Now Believes Bitcoin Has Become Less Attractive ⋆ ZyCrypto
Advertisement     Billionaire hedge fund manager Paul Tudor-Jones — who previously touted bitcoin’s allure as an inflationary hedge — now thinks the benchmark cryptocu...
Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation – Bitcoin News
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwaver...
Bitcoin active users plummet even as transactions rise
Despite continued growth in the number of transactions on the Bitcoin network, the number of active addresses that have sent or received funds has fallen to the lowest level since July 2021, according...
Bitcoin Miner Bitfarms Reports First Quarter 2023 Results
Key Points: Bitfarms mined 1,297 BTC in the first quarter of 2023. The miner increased its hashrate from 4.5 EH/s to 4.8 EH/s by adding 3,000 additional miners. It also announced $30 million in sales ...
Bitcoin’s Ethereum-Like Features Expose Huge Issue
The crypto market has witnessed countless evolutions since Bitcoin’s inception in 2009. A recent development in this field is the “Ethereumization” of Bitcoin. This term has been coined to describe th...
Merov Introduces a Suite of Services for the Bitcoin Mining Industry
Salem, Oregon, May 15th, 2023, Chainwire Merov is proud to announce the launch of its comprehensive suite of services designed for the Bitcoin mining industry. The suite of services includes Merov Hos...
Bitcoin Whale Emerges From 12-Year Hibernation to Move 139 BTC
When the owner bought the coins in June of 2011, they did so for approximately $2,250; however, the current value of the hoard is approximately $3.5 million. The analysts consider these coins “ancient...
Michael Saylor Eyes Delivering Bitcoin Wallet Address To Corporate Users
2 hours ago | 2 mins read Bitcoin News A BTC wallet and a Lightning address will soon be made available to corporate account users. The founder of MicroStrategy believes Bitcoin will be the dominant c...
This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakout
Bitcoin’s price broke below its 55-day resistance at $27,000 on May 12, down 12.3% in 30 days. But more importantly, it decoupled from the S&P 500 Index, which is basically flat from 30 days ago a...
PEPE Tops LunarCrush AltRank; More Social Activity Than BTC
Memecoin PEPE ranked first on LunarCrush AltRank with more social activity than BTC. PEPE is trading at $0.000002 with an increase of 9.86% during the last 24-hours. PEPE Bears and bulls fight tooth a...
Dogecoin daily transactions hit record high, overtaking bitcoin
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Daily transactions for dogecoin, the meme-based cryptocurrency, soared to an all-time high, surpassing bitcoin and lite...
Bitcoin (BTC) to drop to $25K, Polygon (MATIC) Hits 90-Day…
Yachtify (YCHT) is rapidly gaining attention in the cryptocurrency space as a beacon of innovation and growth, while other prominent cryptocurrencies like Bitcoin (BTC) and Polygon (MATIC) are facing ...
Bitcoin Price Outlook for May – Market Updates Bitcoin News
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm ...
Bitcoin Reclaims $27,000, Here Are The Factors Driving The Recovery
Bitcoin began another recovery trend over the weekend and has been on a bullish path since. This follows last week’s incredible bearish movement which saw the digital asset drop below the $26,000 ma...
Tether Adds Bitcoin And Gold Reserves, Reduces 90% Of Bank Deposits
Key Points: Tether reduces bank deposits by over 90% and adds gold and bitcoin to reserves, improving its stability and reducing counterparty risk. Tether’s record net profits and all-time high US Tre...
Small scale bitcoin mining becoming more popular
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Diving into the bitcoin mining pool doesn’t require a fortune, but it does require patience, with some comparing it to ...