Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to p...
Category: Bitcoin
Live Bitcoin News Updates.
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid. In a Frida...
Bitcoin To Hit Bottom in Q4! How Low Can BTC Price Drop?
The total amount of Bitcoin held across all exchanges dropped dramatically last week, a development that, based on past performance, was seen favorably for the Bitcoin market but is also associated wi...
Crypto market bears company above $1 trillion as bitcoin gains intimidated
The crypto market is not on the road to recovery even now. The ability of Bitcoin to break free from $20,000 was contributory to the normal market. In July, after marshaling, the crypto industry recei...
Here’s Who Sold Enormous Volumes of Bitcoin in Recent Months per Glassnode Data
According to an on-chain analytics firm, Glassnode, a significant proportion of Bitcoin selling pressure looks to be coming from long-term holders, notably those who bought their coins close to the ma...
Argo Blockchain continues selling Bitcoin to pay off Galaxy Digital debt
Argo Blockchain, a cryptocurrency mining company, has continued to sell its Bitcoin holdings to repay the debt owed to Galaxy Digital, a cryptocurrency investment company owned by Michael Novogratz. A...
Core Scientific reports increased bitcoin production in July despite disruptions
Core Scientific, a cryptocurrency mining firm, has reported that its mining operations generated 1221 bitcoin in July. The BTC produced during the month was higher than the previous months despite the...
AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility – Market Updates Bitcoin News
Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s se...
BTC Falls Below $23,357; Is that all for Bulls?
The Bitcoin price prediction reveals that BTC continues to head to the downside as its price moves below $23,300 to touch the low of $23,104. Bitcoin Prediction Statistics Data: Bitcoin price now – $2...
British Soccer Club Oxford City to Embrace Bitcoin Payments (Report)
One of the oldest soccer clubs in the UK – Oxford City – will reportedly allow fans to purchase match tickets, food, and beverages in bitcoin instead of fiat currency. The initiative will see the ligh...
Bitcoin, Binance Coin, Polkadot, and Polygon Daily Price Analyses – 6 August Morning Price Prediction
The global crypto market has not been able to continue its momentum. The recent changes show that it has shed a considerable amount. If we look at the performance of Bitcoin, Binance Coin, and other n...
Bitcoin (BTC) & Ethereum (ETH) To Continue July’s Bull Run?
The bear fever blanketed the crypto space in April and continued till June. During this time, Bitcoin, along with Ethereum, experienced severe retracement. However, the bulls regained control over the...
BTC Holds Near $23,000; What’s Next in Offer?
Published 41 mins ago Bitcoin price analysis (BTC) suggests a slow down in the upside momentum. As the BTC buyers manage to hold above the $23,000 mark it indicates the underlying bullish sentiment in...
Resurfaced video from 2014 shows former Google CEO hailing Bitcoin as ‘remarkable’
In a new resurfaced video, former Google CEO Eric Schmidt hailed Bitcoin’s (BTC) technology as a major achievement in the cryptographic scene. While speaking at the Computer History Museum in 2014, S...
Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate
Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingV...
BTC Price Regains Bullish Momentum as It Revisits $24K
Bitcoin Holds above $22.5K as It Revisits $24K – August 5, 2022 BTC/USD is trading marginally above the moving average lines since July 19 as it revisits $24K. The largest cryptocurrency retraced abov...
Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real – News Bitcoin News
Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is...
In July, Argo Mined 22.4% More Bitcoin in Comparison to June and Sold 887 BTC
Argo Sold 887 BTC holding in July and used the amount to pay the debt borrowed from Galaxy digital. Argo Blockchain is a leading crypto mining firm globally with a support of 280 MS Equihash Rate. Th...
A land use dispute in Colorado spotlights an emerging approach to powering bitcoin mining
Inspectors from Adams County, Colorado recently came across an unfamiliar sight: Containers filled with crypto mining machines drawing power from oil and gas wells. Then the county decided that the ma...
Bitcoin falls to $23K on U.S. jobs report
The crypto market has been on a rollercoaster in recent months. The ups and downs have caused Bitcoin to fall back to 2017 levels. Bitcoin stayed near $23,000 in the past 24 hours after a report showi...
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
Cryptocurrency mining firm Argo Blockchain continues to sell its Bitcoin (BTC) holdings to cut its debt to Michael Novogratz’s crypto investment firm Galaxy Digital. Argo sold another 887 Bitcoin in J...
Core Scientific Sold More Bitcoin Than It Mined for Second Consecutive Month
Publicly traded Bitcoin miner Core Scientific experienced another net loss on its Bitcoin holdings last month. The firm sold 1,975 coins at an average price of $22,000 per Bitcoin in July, netting it...
ETH Skyrockets to 3-Month High Against BTC
Bitcoin continues to stand still as the asset has settled around the $23,000 mark. More fluctuations, as expected to a large extent, come from several altcoins. Ethereum jumped to a weekly high by rec...
Elon Musk Asserts That Dogecoin Is Superior to Bitcoin
Editors News While Dogecoin generates 5 billion, Bitcoin has produced 21 million BTC in a year. Despite whether Bitcoin is bullish or bearish, Tesla has stopped accepting its payment. As the ultimate ...
Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed – Economics Bitcoin News
According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and...
Cardano (ADA) Beats Dogecoin, Ethereum and Bitcoin in On-Chain Transfer Volume Growth
Alex Dovbnya Cardano (ADA) has experienced a 238% increase in on-chain transfer volume this year According to a recent report published by Kraken Intelligence, Cardano (ADA) experienced a 16% increase...
British Man £20k In Bitcoin Investment Scam Turns £19: Report
– Advertisement – Thames Valley local becomes a victim of a Bitcoin scam. A report from The Royal Borough Observer on Friday reveals that a resident of Thames Valley in South East Englan...
Bitcoin (BTC) Perpetual Contract Price Analysis: August 6
On August 6, the bullish BTC price analysis is at $24702. BTC’s bearish market price analysis for August 6, 2022, is $21632. Bitcoin’s 50MA shows a downward trend. In Bitcoin Perpetual Future (BTC) p...
Crypto Trader Says Bitcoin Flashing Bullish Signal, Updates Ethereum, Solana and Optimism Forecasts
A popular analyst is providing price target updates for four crypto assets as the markets try to end the week in positive territory. The pseudonymous trader known as Altcoin Sherpa tells his 180,800 T...
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC price chart sets up “...
Bitcoin pulls down Block, Inc. net revenues by 6%
Block Inc. reported a 6% decrease in its second-quarter 2022 net revenues compared with last year, driven by a decline in bitcoin revenues. The company’s total net revenue in the second quarter...
How to Restore Bitcoin Funds Using Wallet.dat File – crypto.news
If you have lost your Bitcoin wallet, you can recover your funds using a wallet.dat file. The wallet.dat file contains all the information needed to access your Bitcoin wallet, including the private k...