Bitcoin in Disarray, But Optimism Could Prevail In The Short Term

The price of Bitcoin has seen a small uptick during today’s trading session, but the cryptocurrency has been unable to break the sideways trend. Today, the U.S. Federal Reserve (Fed) announced a 25 ba...

White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining – Mining Bitcoin News

On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal ye...

The Fed has little ammo left as $30K Bitcoin price becomes key battle line

The Bitcoin price successfully defended the $28,000 support on May 2, but it has yet to prove the strength needed to reclaim the $29,200 level from April 30. $30K becomes crucial for Bitcoin bulls Som...

BRC-20 token standard spurs meme coin frenzy on Bitcoin

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The BRC-20 token standard has ignited a meme coin frenzy on the Bitcoin blockchain. There is a marked increase in meme ...

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to concerns around crypto. Kennedy says crypto regulation is a ...

Bitcoin and Ethereum liquidity is flowing into meme coins

Introduction Meme coins have taken over the liquidity of Bitcoins, Ethereum and other cryptocurrencies.  Meme coins are basically the crypto assets that gain popularity through social media trends, in...

Bitcoin briefly rallies to $57,000 after a “glitch” on Bitfinex

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On May 2, 2023, bitcoin prices spiked to $57,000 in less than a minute on Bitfinex in an unconfirmed glitch.  Bitcoin’s...

Bitcoin rally at crossroads as Fed preview looms, observers warn – Cryptopolitan

Bitcoin (BTC), the world’s leading cryptocurrency by market value, has experienced a significant resurgence in 2022, with its price surging 70% since January 1st. However, some observers warn that the...

Bitcoin’s Largest Public Holder Earns Profits From BTC Stash

Tomiwabold Olajide Profit tied to Bitcoin holdings earned by largest public investor in crypto MicroStrategy, the largest public Bitcoin holder, posted its first profit in nine quarters after claiming...

Bitcoin and crypto markets firm ahead of US Fed interest rate decision

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ahead of the highly anticipated Federal Reserve (Fed) announcement, trader sentiment is bullish, and the total crypto m...

Bitdeer to Raise $500M for Bitcoin Mining Operation in Bhutan

The Nasdaq-listed Bitdeer, a crypto mining firm helmed by the former CEO of Bitmain Technologies Jihan Wu, today announced a strategic partnership with Druk Holding & Investments (DHI), the commer...

Bitcoin Miners Surpass $50 Billion in Total Revenue

Alex Dovbnya In momentous achievement, Bitcoin miners have broken through $50 billion ceiling in total revenue Since Bitcoin’s genesis, miners have reached a towering financial peak, earning a t...

Cardano’s founder highlights Bitcoin’s limitations, says ADA is better

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In an interview with Maria Bartiromo of Fox Business, Charles Hoskinson, the founder of Cardano, a smart contracting pl...

Bhutan Seeks to Raise $500 Million to Bolster Bitcoin Mining Operations: Report

Druk Holding & Investments – the investment arm of the Royal Government of Bhutan – partnered with the Nasdaq-listed company – Bitdeer Technologies Group – to introduce a $500 million fund that sh...

Key Reason Behind Bitcoin’s Most Recent Price Spike

Alex Dovbnya As shares of U.S. regional banks continue to suffer significant losses, Bitcoin’s price has spiked, reaching an intraday high of $28,621 The price of Bitcoin, the flagship cryptocur...

Bitcoin Daily Transactions Hit All-Time High With 3 Million Ordinals Inscriptions

The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analytics dashboard. On Monday alone, over 372,000 inscriptions were created on the Bit...

Here’s Why Bitcoin’s Price May Not Reach $30,000-Will FOMC Offer Require a Boost?

The Bitcoin price is undergoing a pretty rigid phase as it is failing to inculcate the required momentum to hit $30,000. The bears are successfully restricting the price at the interim threshold as th...

No Decision On Fed Rate Hike Pause, Bitcoin Drop

US Fed Chair Jerome Powell said the central bank will take a data driven decision approach to determine the extent of further interest rate hikes. He made the comment in the post FOMC press conference...

Federal Reserve Raises Interest Rate by 25bps, Insists ‘US Banking System Is Sound and Resilient’ – Bitcoin News

The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that the central bank would raise the federal funds rate by 25 basis points (bps), as was...

For Immediate Profits, Experts Advise Investing in DigiToads (TOADS) presales instead of Bitcoin (BTC) or Aave (AAVE)

Well-established cryptocurrencies like Bitcoin (BTC) and Aave (AAVE) have proven to be reliable investments in the long run. Still, with the changing landscape, they may not always provide the immedia...

Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently According to a p...

New BRC-20 Token Trend Goes Parabolic on Bitcoin (BTC) Network As Transactions Skyrocket Above 2,400,000

A new token standard on Bitcoin (BTC) has taken off, sparking a flurry of new activity on the largest blockchain by market cap. BRC-20 is a new experimental token standard built for Bitcoin, created b...

Fed raises rates by 25bps; Bitcoin remains essentially flat

Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is...

Fed Announces 25bps Rate Hike to 5%, Bitcoin Remains Flat

The Federal Reserve announced another small increase to its benchmark rate on Wednesday, bringing it between 5% and 5.25%.  Bitcoin’s price remained relatively flat on the announcement, fluctuating be...

Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and select altcoins are showing a continuation pattern, indicating indecision among the bulls and the bears. Investors seem to have priced in a 25 basis points rate hike by the United States F...

Michael Saylor Says Banking Crisis Is Driving Bitcoin Adoption

Microstrategy’s Michael Saylor believes that the fiat and banking crisis is driving the adoption of Bitcoin. Bitcoin’s recent rally led to a significant reduction in Microstrategy’s BTC impairment los...

Bitcoin Halving Pushes Bitcoin Mining East

Renewables-based mining prospects are flourish in Bhutan and Kenya after the China mining ban and more recent U.S. restrictions. African miner Gridless funds microgrid projects with Bitcoin mining rev...

BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million – Bitcoin News

As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garn...

Balaji Srinivasan ‘Burns’ $1 Million in Bitcoin to Prove a Point

Ex-Coinbase CTO Balaji Srinivasan today said that he has now settled a high-profile Bitcoin bet made in March by donating $1.5 million of his own money. And he’s done it to prove a point, he says, tha...

Coinbase Ex-Executive Balaji Exits Early From $1M Bitcoin Bet, Why He Called It Quit?

Former Coinbase executive Balaji Srinivasan has exited early from his $1 million Bitcoin bet, leaving many in the crypto community wondering why he called it quits. On March 16, a self-proclaimed Tax ...

Analysts: Bitcoin Will Continue to Benefit from the Banking Crisis

Now that 2023 has arrived, bitcoin has found fresh ground following the ongoing banking crisis that has led to the closure of institutions like Silvergate, Silicon Valley Bank, and Signature. Bitcoin ...

Feel the Thrill of Your Favorite Game – Press release Bitcoin News

press release PRESS RELEASE. Do you hear the distant roar of numerous stadiums? Are you ready for the next sport challenge? Do you want to resonate with the vibe of the game? If the answer is positive...