Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say – Mining Bitcoin News

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe. Under s...

Bitcoin (BTC) Price Rally Is Driven by Two Key Catalysts: CoinShares

Meltem Demirors, the Chief Strategy Officer of CoinShares, has identified two key catalysts contributing to Bitcoin’s strong performance in the market. In a recent interview with Bloomberg, she disagr...

Binance Suspends Transaction as Bitcoin Network Clogs Up

Binance suspended Bitcoin transactions for the second time in a few hours. The network has become heavily congested, causing transaction fees to skyrocket. On May 7, Binance, the world’s largest crypt...

Binance Suspends Bitcoin Transactions Second Time in 12 Hours

The world’s largest cryptocurrency exchange Binance has paused Bitcoin withdrawals for the second time in the last 24 hours citing a sudden spike in the Bitcoin network gas fee. In their latest tweet,...

Solana price prediction as Bitcoin, Ethereum congestion intensifies

Solana (SOL/USD) price retreated to the lowest point since April 27th as concerns about Bitcoin and Ethereum congestion continued. The coin plunged to a low of $21, which was much lower than the year-...

World’s Biggest Bitcoin Event To Feature US Presidential Candidate As Keynote Speaker

Bitcoin will be on the spotlight once again as Robert F. Kennedy Jr. chooses a cryptocurrency conference in Miami as the venue for his first public appearance as a US presidential candidate. The icona...

Binance halts Bitcoin withdrawals for the second time in 12 hours

Bitcoin (BTC) withdrawals on Binance have again been temporarily shuttered as the crypto exchange claimed it was suffering from a large backlog of pending withdrawals. Binance tweeted on May 8 that it...

If Over 2,300 Banks In America Are Bankrupt, Will Bitcoin Break Above $40,000?

The United States banking system is in trouble as over 2,300 financial institutions could have more liabilities than assets, recent analysis reveals. Subsequently, analysts say this could boost Bitcoi...

Bitcoin Price Faces Another Rejection, Risk of Renewed Downtrend Increases

Bitcoin price failed to clear the $30,000 resistance. BTC is declining and remains at risk of a move toward the $27,200 support zone. Bitcoin is moving lower from the $29,750 resistance zone. The pric...

Binance Resumes Bitcoin Withdrawals After Network Congestion Caused Suspension

– Advertisement – Binance has resumed Bitcoin withdrawals on its trading platform.  The exchange suspended withdrawals earlier today, citing congestion in the Bitcoin network.  Binance’s B...

‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US – Regulation Bitcoin News

New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United Sta...

Bitcoin Price Analysis: 28394 Buying Pressure

BTC/USD Trades Above 29686:  Sally Ho’s Technical Analysis – 8 May 2023 Bitcoin (BTC/USD) sought to add to recent gains early in the Asian session as the pair traded as high as the 29033.95 level afte...

Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round – Africa Bitcoin News

The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficient...

Bitcoin [BTC]: Of Epoch drawbacks and surging adoption

Bitcoin user adoption increased despite the decline in address growth. More BTC transactions have taken place since the last halving. Despite its occasional hurdles, Bitcoin [BTC] has gained significa...

Bitcoin Falters Amid Anti-Bank Sentiment: Why?

As US banks continue to fail, one would expect Bitcoin (BTC) to skyrocket in value and adoption. However, reality paints a different picture.  This article looks into the complexities of this digital ...

Despite regulatory concerns, bitcoin and digitoads interest growing among crypto investors

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The shadow of regulatory action has been looming over the global crypto industry for some time now. The FTX crash and t...

Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’ – Economics Bitcoin News

Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the count...

Analyzing Bitcoin mining companies’ behavior to assess sell pressure

Bitcoin mining companies slow down on BTC sell-off while miners’ revenue continues to increase. Retail investors stay optimistic.  Bitcoin miners have long been subjected to the cryptocurrency market’...

Bitcoin miner profitability rises 2X in 7 weeks despite network congestion

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data on May 7 shows that the profitability of bitcoin (BTC) miners is on the rise. Bitcoin miner profitability...

Binance re-opens bitcoin withdrawals after brief suspension, blames ‘severe network congestion’

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s largest cryptocurrency exchange, has re-opened bitcoin (BTC) withdrawals after a 1-hour suspension...

Two On-Chain Indicators Show Strong Signs Of BTC $29k Price Despite Slight Drop ⋆ ZyCrypto

Advertisement &nbsp &nbsp BTC price regains $29,000 level after considerable volatility this past week resulting in diverse speculations on the asset’s future growth.  BTC con...

Binance Temporarily Suspends Bitcoin (BTC) Withdrawals

Binance Exchange, the largest crypto trading platform in the world, announced the temporary suspension of Bitcoin (BTC) withdrawals on its platform. According to the tweet containing the update, the e...

Liechtenstein Considers BTC for Payment of Government Services

The Prime Minister of Liechtenstein has said he wants citizens to be able to pay for government services with Bitcoin. Liechtenstein Joins Swiss Crypto Hubs Although details of the plan were sparse, i...

Binance closes BTC withdrawals amid congestion on the Bitcoin network

Crypto exchange Binance closed Bitcoin (BTC) withdrawals on May 7 due to an alleged overflow of transactions on the Bitcoin network.  Bitcoin mempool was clogged with over 400,000 transactions waiting...

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees – Bitcoin News

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed tran...

MicroStrategy Increased its BTC Holdings for 11 Consecutive Quarters

MicroStrategy – the business intelligence company co-founded by Michael Saylor – has purchased bitcoin each quarter since August 2020. The company is the largest corporate holder of the primary crypto...

News for Bitcoin, DigiToads and Eos

SPONSORED POST* The cryptocurrency market has been experiencing a bullish trend lately, with many digital assets seeing significant price increases. This trend has caught the attention of traders and ...

Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days – Blockchain Bitcoin News

Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tre...

Bitcoin Price Analysis Guide for Coming Week with Potential Target and Stoploss

Published 11 seconds ago Bitcoin Price Analysis: The Bitcoin price moving sideways for the past three weeks has created a sense of uncertainty in the crypto market. However, the daily chart shows the ...

Bitcoin [BTC] unable to breach $29.8k: Where does the next support zone lie

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Short-term selling pressure saw Bitcoin fall bene...

Brad Sherman’s Crazed Bitcoin Attack Isn’t Quite Lawsuit-worthy

It’s fair to say that Congressman Brad Sherman (D-CA) is not a fan of the cryptocurrency industry. Sherman has previously spoken extensively on the subject: “Cryptocurrencies are a crock […] They help...

BTC Whales Ditch Exchanges But Deposits Continue to Grow

Bitcoin withdrawals from exchanges massively outweighed deposits on Friday thanks to the activity of a handful of whales. Data from Glassnode reveals that BTC withdrawals hit nearly 240 million USD in...