Bitcoin Mining Might Be Banned in New York, Here’s Why

Vladislav Sopov State of New York gets one step closer to restricting proof-of-work mining technology Contents Bitcoin (BTC) mining in New York might be on borrowed time Another crypto miner exodus? N...

Crypto Bear Market To Continue! Bitcoin (BTC) Price May Drop To $24K – $22K By June End – Coinpedia – Fintech & Cryptocurreny News Media

Currently Bitcoin is trading at an average price of $29,700, and Around $1.3 billion Bitcoin outflow has been reported by Glassnode, net outflow standing at $698 million. The global crypto market is d...

Bitcoin [BTC] holders should know this before exiting their position

With Bitcoin [BTC] rising above the $30K level at the beginning of June, HODLers may see this as a time to rejoice. However, at press time, BTC was trading below the $30K level and stood at $29,648 do...

Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’ – Economics Bitcoin News

The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also sa...

BTC/USD Given Below 30000 Again: Sally Ho’s Technical Analysis 5 June 2022 BTC

Bitcoin (BTC/USD) continued to suffer from negative technical sentiment early in the Asian session as the pair remained on the defensive after encountering selling pressure around the 29868 area follo...

Bitcoin of America Announced The Addition Of Shiba Inu (SHIB) To Its Bitcoin ATMs

Bitcoin of America has recently announced that it has added Shiba Inu (SHIB), the popular meme-inspired currency, to its Bitcoin ATMs. Bitcoin America, a virtual crypto exchange, is registered as a mo...

Bitcoin, Binance Coin, Harmony, and AMP Daily Price Analyses – 4 June Morning Price Prediction

The performance of the global crypto market has continued to improve as the gains have helped it recover. The changes in value have taken Bitcoin and other coins’ trajectory positively. The improvemen...

Is BTC Responsible For These ELSL Stats? Tourism, Investment, Construction Up

In a world tending towards red candles all around, ELSL is in the green. And not even government officials seem to believe any of these has to do with the Bitcoin Law. The numbers are not crazy, but t...

Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer – Mining Bitcoin News

Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate...

Inside the Environmentalist Campaign to Change Bitcoin’s Code

Rolf Skar is a special projects manager at Greenpeace USA, an environmental protection organization that is part of the campaign. According to Skar, there are two key questions as to whether the netwo...

KenGen to Offer Geothermal Power to Bitcoin Miners – crypto.news

KenGen, Kenya’s energy production company, wants to provide bitcoin mining companies with its surplus geothermal power to support them meet their energy needs. KenGen to Support Bitcoin Mining In resp...

New York Bitcoin Mining Ban – Everything you need to know

In what can only be considered a landmark decision related to mining, New York has enforced a ban on Proof of Work mining operations. The New York Bitcoin Mining ban poses a big question about the fut...

New York State Senate Approves Bitcoin Mining Moratorium

The upper house of New York’s state legislature has passed a bill banning new Bitcoin mining permits for a period of two years. The bill passed by the New York State Senate, by a vote of 36 to 27, had...

Bitcoin Price On Ascending Channel Pattern! Is It The Right Time To Buy ?

In the Daily period, the Bitcoin price is now fluctuating near crucial support. This $28,835 support is critical for the bulls since it has functioned as a strong backing for the previous two years, k...

No Bitcoin Recovery Soon? Net Outlows Breach $698 Mln

The Bitcoin (BTC) again dropped below the crucial price level of $30k. Recently, BTC went on to touch the $32K price level. However, experts called it bear fakeout and mentioned not to fall for it. Me...

Bitcoin price analysis: BTC continues to respect $29,500, reversal to follow?

Bitcoin price analysis is bullish today as we have seen another rejection for downside yesterday and steady consolidation since. Therefore, BTC/USD should soon start to reverse and look to move back a...

Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platfor...

Traders Can Expect Bitcoin (BTC) Price Rally By Year-End Only If This Happens

Lyn Alden, a Macro analyst says Bitcoin trending at the lowest of $29,733 now can rally higher over coming months if it fulfills certain conditions. In response to the question raised in the Coin Stor...

Despite The 9 Red Candles, “Bitcoin’s Fundamentals Remain Strong”

The inaugural edition of ARK ’s “The Bitcoin Monthly” report contains some gems. It also contains a simple compilation of facts that paint a clear picture of the bitcoin market as it currently stands....

Former BitMEX CEO Arthur Hayes Says Bitcoin Won’t Jump Back to $70,000 Just Because….

Former CEO of BitMEX, Arthur Hayes, says that the Bitcoin price has already reached the bottom of the ongoing cycle. However, Hayes warned that it doesn’t mean the price of Bitcoin will again reach $7...

KenGen Company May Provide Power to BTC Miners

20 seconds ago | 2 mins read Bitcoin News BTC Mining farms are likely to be shifted to Olkaria, Kenya. The major concern of PoW will be struck out if KenGen comes into the scene. Recent news on BTC mi...

This is How Long-Term Bitcoin Holders Are Dealing With Market Crash!

The largest cryptocurrency Bitcoin has slumped nearly 36% in the current year and is currently trading at its lowest of $29,000 recorded since 2020. As a result, Bitcoin has lost all its gains through...

BTC On-Chain Analysis: Cost Basis and the Death of Short-Term Holders

In today’s on-chain analysis, BeInCrypto looks at indicators that compare the current market situation of short- and long-term Bitcoin (BTC) holders. The goal is to try to determine what stage of a be...

Bitcoin will be one of ‘best assets on Earth’ after inflation subsides, says commodity strategist 

A cold chill has settled over the cryptocurrency market, with the flagship digital asset Bitcoin (BTC) falling around 35% since January. As a result, many people are left wondering how deep into a cry...

Bitcoin May Witness Massive Rally This Year, According to Macro Expert Lyn Alden – Here’s What Needs To Happen

Macro analyst Lyn Alden says that Bitcoin (BTC) could rally higher over the coming months if certain conditions are fulfilled. Asked in a Coin Stories interview whether Bitcoin could revisit its all-t...

Legit Bitcoin (BTC) and Crypto Casinos in the Netherlands – crypto.news

Bitcoin casinos and online gambling platforms are gradually replacing traditional gambling sites and bringing a paradigm shift to the industry, as gamblers no longer need to visit a physical casino to...

Crypto Market Cap Lost $100B in 3 Days as Bitcoin Drops Below $30K (Weekend Watch)

Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000. The altcoins are in no better condition, with Ethereum sli...

Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’ – Bitcoin News

Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is ...

Argentina Embraces Bitcoin in the Face of Rising Inflation

The people of Argentina are financially conscious by necessity. The country has been in a vicious cycle of hyperinflation and stabilization for decades. The recent turn of inflation that started in 20...

Bitcoin mining stock report: Thursday, June 2

Bitcoin miners faired better on the stock markets Thursday, with many recovering by a few percentage points. Most notably, BIT Mining’s stock was up by +12.44%, Cipher Mining’s +11.78% and...

Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto – Featured Bitcoin News

According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since...

5 reasons why Bitcoin could be a better long-term investment than gold

The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility a...