Eric Adam’s promise of making New York the Bitcoin capital of the world might have to wait after new plans to ban some crypto mining facilities in the state. The state has become a Bitcoin mining hub...
Category: Bitcoin
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Wild Fears About Chernobyl-Style Nuclear Meltdown Send Bitcoin Lower Overnight
Nuclear power station during a sunset getty Bitcoin extended its losses through the second half of the week, testing a floor of $40,000 earlier today before rebounding slightly. The drawdown stems fro...
US Food Chain Giant Shake Shack Offers Bitcoin Cashback
The US food chain giant Shake Shack is reportedly offering its customers BTC as a reward for spending money at their burger chain using Cash App. Shake Shack is an American fast-casual restaurant that...
With Bitcoin recording the highest volatility jump, can $50,000 be next
After much blood loss and pain, Bitcoin finally climbed past the $40,000 mark yet again. However, it was down by 4.80% at the time of writing. While bulls who want to see some new all-time highs might...
Is Ethereum (ETH) the Superior Bet? Here’s Why Raoul Pal Changed His Mind About Bitcoin (BTC)
Macro guru Raoul Pal is revealing why he changed his mind about Bitcoin (BTC) in favor of Ethereum (ETH) as his main crypto holding. In a new interview on Real Vision, Pal says he originally thought B...
Charles Schwab Files for ‘Crypto Economy ETF’ With SEC – Finance Bitcoin News
Charles Schwab is launching a crypto economy exchange-traded fund (ETF). According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), “Schwab Crypto Economy ETF” will trad...
Bitcoin Prices Dragged Down By Geopolitical Tensions, Ukraine Nuke Plant Fire
Bitcoin prices plummeted on Thursday as global geopolitical tensions escalated to unprecedented levels. On Thursday, there was no agreement reached to end the war during the second round of negotiatio...
The city of Lugano will accept Bitcoin, Tether and LVGA tokens as ‘de facto’ legal tender
Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as “de facto” legal tender as part of a partnership with Tether. Speaking at the city’...
Billionaire Investor Bill Gross Says He Owns Some Investment in Bitcoin
Tomiwabold Olajide American investor and fund manager says he’s dabbling in cryptocurrencies Billionaire ”Bondking” investor Bill Gross Says that aside from trading meme stocks for p...
This is When the Bitcoin(BTC) Price May Break Out of Consolidation to Ignite Bull Run!
Bitcoin price yet again plunged below $42,000 yet again since the early trading hours which is compelling the price to swing within range-bound. After undergoing a huge slash in the previous days, BTC...
Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls
Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Europe stocks sink on Friday open Data f...
Traders Lose $221 Million in Liquidations as Bitcoin, Altcoins Drop: Details
Tomiwabold Olajide Total market capitalization has shrunk by $65 billion over the last day According to recent data from Coinglass, 60,062 traders were hit with liquidations as the entire crypto marke...
Bitcoin and Ethereum Mining Revenue Tumbled in February
Bitcoin miners saw a further decline in mining profitability in February as Ethereum miners saw a 17% increase in revenue over miners of the digital gold. February proved to be a difficult month for ...
This is When Ethereum Will Start To Outperform Bitcoin!
The crypto market movement stays almost the same as it did yesterday. However, the outlook for today is expected to be positive. BTC is down by 4% at $41,468 and ETH trades around 2,731. Most of the a...
Kazakhstan Could Be Turning Its Back On Bitcoin Miners But Hashrates Are At An All-Time High ⋆ ZyCrypto
Advertisement     Kazakhstan became one of the leading providers of Bitcoin hashrates after China’s crackdown on the activities of miners. The country has struggled to...
Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset – Op-Ed Bitcoin News
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn env...
Bitcoin mining difficulty drops for the first time this year
For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of 6 consecutive positive difficulty adjustments, in...
Bitcoin Might See a Major Core Update in April: Details
Tomiwabold Olajide The update might improve transaction privacy to allow for recurring payments without a third party As reported by a crypto-journalist, Bitcoin Core might see its next major release ...
Bitcoin Dipped to $41K as Crypto Markets Shed $100 Billion in a Day (Market Watch)
Bitcoin continued to lose value in the past 24 hours and dipped toward a five-day low of under $41,000. The altcoins are also in the red once more with substantial price losses from Ethereum and Solan...
Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative ...
Recent Bitcoin Rally Had Nothing to do With Sanctions on Russia, Here’s Why
Earlier this week, the Bitcoin (BTC) price rallied all the way to $44,000 levels amid reports that the recent U.S. sanctions on Russia were the reason behind it. However, new data shows that talks of ...
Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles – News Bitcoin News
On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According ...
Riot Blockchain Reports 189% Increase in BTC Production for February 2022
The recent dip in the price of Bitcoin is not impacting the mining activities across the BTC network. Nasdaq-listed Bitcoin mining company, Riot Blockchain recently announced its production and operat...
Bitcoin Cash Analysis: Risk of Break Below $300
Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break be...
Celestials Stellar Club Announces NFT Collection Minting Date March 14 2022 – Press release Bitcoin News
press release PRESS RELEASE. Looking for an exciting new NFT collection to be a part of? Look no further than Celestials Stellar Club. We are pleased to announce the public mint date of our first coll...
Bitcoin Becoming Global Digital Collateral due to Russia-Ukraine War, says Analysts
Bitcoin (BTC) is playing a very important role in the ongoing war between Russia and Ukraine, and residents of these two nations have taken to the digital currency to complete most offshore transactio...
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says – Bitcoin News
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps t...
Crypto Analyst Justin Bennett Examines Bitcoin and Ethereum, Says This Is When ETH Will Start Outpacing BTC
Traders should watch to see if Ethereum (ETH) is able to cross an important level against Bitcoin (BTC) in the near future, according to crypto analyst Justin Bennett. Bennett tells his 10,200 YouTube...
Crypto Not Suitable as Means of Payment or Store of Value – Regulation Bitcoin News
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as lega...
Bitcoin, Binance Coin, Internet Computer Coin, and The Sandbox Daily Price Analyses – 3 March Roundup
TL;DR Breakdown The global crypto market recedes further, shedding 4.81% in 24 hours. Bitcoin, also affected by the negative trend, has shed 5.40% in the last 24 hours. Binance Coin is no different fr...
New York Bitcoin mining moratorium bill garners more support
A New York State proposal to suspend fossil fuel-powered proof-of-work mining for three years across the state has gained support from two more Assembly members. Members Amy Paulin and Ken Zebrowski h...
Bitcoin Traders’ Balances Spike 4.2%, Here’s What It Means for Market
Yuri Molchan Recent analytics data show that traders have begun to increase their Bitcoin balances According to IntoTheBlock analytics agency, a number of traders have begun to accumulate Bitcoin on t...