The President of El Salvador – Nayib Bukele – disclosed that the country’s tourism sector has increased by 95% since it embraced bitcoin as an official means of payment. He criticized some central ban...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Shorts Are Piling Up, Liquidation Squeeze Soon?
Data shows Bitcoin funding rates have turned negative recently, suggesting that shorts are accumulating on the market. Will a squeeze follow? Bitcoin Funding Rates Are At Their Most Negative Since Dec...
Grayscale Bitcoin Trust Share Price Rallies Before SEC Lawsuit
Grayscale Bitcoin Trust News: Time and again, Grayscale made it clear that the U.S. Securities and Exchange Commission (SEC) has been unfair in not approving its spot Bitcoin ETF application. The comp...
Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…
BTC’s NUPL suggests that the coin has commenced a new bull cycle. However, increasing coin dump indicates a lack of investors’ confidence. In a new report, CryptoQuant analyst Sachi found that the as...
BTC price recovers to $22,525 as bulls take control – Cryptopolitan
Bitcoin price analysis shows that the market is still recovering from the recent losses it sustained at the beginning of this month. The bulls have taken control of the market and are pushing the BTC ...
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News
The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the E...
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs, the non-fungible token (NFT) firm that gained prominence due to multiple Ethereum-based NFT collections, has drawn criticism from the cryptocurrency community over its plan to auction its n...
Ordinals Creator Slams Yuga Labs for “Degenerate” Bitcoin NFT Auction
While many were excited when Yuga Labs announced its first ordinals NFT collection last month, the exact nature of its auction process is proving highly controversial. Casey Rodarmor – the inventor o...
Terawulf erects first nuclear bitcoin mine in USA
To promote the use of clean energy in crypto, the bitcoin (BTC) mining company Terrawulf has put its name in the history books as one of the first builders of a nuclear-powered nuclear mining facility...
Bitcoin network reaches record-breaking hash rate while taproot adoption picks up speed
Quick Take Hash Rate A 7DMA Bitcoin hash rate has exceeded 330 TH/s, a new all-time high. In addition, only six days of 2023 have seen negative adjustments, quite the feat The next difficulty adjustme...
Yuga Labs’ Bitcoin NFTs top bid is 2 BTC; draws criticism for auction model
Ad Yuga Labs’ TwelveFold Bitcoin (BTC) NFT top 288 bids are led by a 2 BTC bid (around $50,000), with the lowest being 0.111222 BTC ($250) as of press time. However, the collection has drawn heavy cri...
Bitcoin Mining Firm TeraWulf Utilizes Nuclear Energy in Pennsylvania
10 seconds ago | 2 mins read Bitcoin News The plant with a hash rate capable of 1.0 EH/s, is currently running on 100% nuclear energy. Almost 8,000 miners are employed by the mining company. Bitcoin’...
Critic Says Yuga Labs Bitcoin NFTs Auction Sets ‘Really Bad Precedent’
Yuga Labs Bitcoin NFT offering has kicked off with a bang. The firm behind Bored Ape Yacht Club (BAYC) NFTs opened bids for its first 300-piece Bitcoin NFT collection, called TwelveFold, early Monday ...
Why This Influencer Believes What Follows 2024 Bitcoin Halving Will Blow People’s Minds
With the bear market deepening and causing ups and downs in the Bitcoin market every now and then, the piecing together of significant adoption news to come up with a conclusion that maybe the bear se...
Alvey Chain Introduces world’s first Next-Generation Virtual Reality Multiverse Exchange – Press release Bitcoin News
press release PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the laun...
Bitcoin Price Is Holding Up Despite Regulator Action
Bitcoin’s above $22.000. Getty It seems incredibly to me that bitcoinBTC is holding up as the U.S. regulators are clearly intent on choking crypto to death. It might sound harsh but it is obviou...
Bitcoin, crypto prices tread water ahead of pivotal Powell testimony and US jobs data
Crypto markets were relatively flat to start the week ahead of Jerome Powell testimony and some significant economic indicators. Bitcoin was trading around $22,500 by 12:30 p.m. EST, up 0.3%, ac...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, so...
Bitcoin and Ethereum: performance price USD
We analyze the price of the two digital currencies responsible alone for more than 600 billion USD in investments: Bitcoin and Ethereum. Bitcoin and Ethereum: USD price analysis A close look at the do...
Bitcoin’s net emissions are down for 3rd month in a row
Ad The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted mining ban in China, a huge number of large mining operations set up s...
Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why
Bitcoin miners were found facing some challenges with the rise in the BTC’s hashrate. The number of rigs required to mine Bitcoin increased, however, it caused a decline in miners’ profits. Over the l...
ETC Remains Near 2-Month Low, LTC Down by 4% on Monday – Market Updates Bitcoin News
Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55%...
Bitcoin Burst to All-Time High ‘Perfectly Feasible’ in 2023, According to Analyst Who Predicted Major BTC Crash
An analyst who accurately called the big crypto crash of May 2021 says that Bitcoin (BTC) going to its all-time high this year is not completely off the table. Pseudonymous analyst Dave the Wave, who ...
Litecoin maintains its lead over Ethereum as Bitcoin hits 1.1 billion total addresses
Quick Take Back In January, CryptoSlate reported that Litecoin total addresses surpassed Ethereum. The trend has continued for Litecoin, putting in almost 8 million addresses further, while Ethereum h...
Bitcoin Price Analysis: Lacking Clear Sentiment
BTC/USD Lacking Technical Sentiment: Sally Ho’s Technical Analysis – 7 March 2023 Bitcoin (BTC/USD) remained entrenched in a very tight range early in the Asian session as the pair has failed to move...
Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI
Bitcoin (BTC) failed to react at the March 6 Wall Street open as consensus formed around a potential violation of $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $19,000 BTC price...
Misinformation of Mt Gox Releasing 137,000 Bitcoin from March 10 Sparks Fear
The development has triggered concerns of an impending large-scale market dump which could impact Bitcoin’s value. The Bitcoin (BTC) community has raised concerns about an impending large-scale market...
What’s Ahead Of Flatlined Bitcoin Price? FED Chief’s Testimony To Crash Markets?
The price of Bitcoin remained pretty volatile during the previous week, but it more or less stabilized over the weekend as the price remained largely flatlined after digesting the recent Silvergate cr...
Cardano (ADA) Correlation With Bitcoin Nears ATH, Here’s What It Means
Godfrey Benjamin Cardano’s correlation with Bitcoin explains what is fueling its downtrend It is not uncommon to find even the largest altcoins by market capitalization exhibit a strong correlat...
The calm before the storm? Bearish sentiment builds as premium for Bitcoin puts increase
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