Advertisement     The central bank of Russia has called for a blanket ban on Bitcoin mining and the trading/usage of cryptocurrencies in the country. The bank has cite...
Tag: Bitcoin
Bitcoin network difficulty jumps more than 9% to new all-time high
Quick Take Bitcoin’s difficulty rose by approximately 9.3% on Friday. Today’s difficulty jump represents the biggest since last August, according to network data. advertisement Bitcoin’s network...
Bitcoin Dives Below $40K, Why Bulls Could Struggle In Near Term
Bitcoin started a strong decline from the $43,500 resistance against the US Dollar. BTC remains at a risk of more downsides below the $39,200 support. Bitcoin started a major decline after it failed t...
Wait, what? Former Bitcoin bull Raoul Pal only owns one Bitcoin?
Former Goldman Sachs hedge fund manager and cryptocurrency bull Raoul Pal claimed in a tweet that he now only owns a single Bitcoin. As the claim was made in the heat of a Twitter fight with self-proc...
Bitcoin Mining Difficulty Sets New All-Time High
Mining difficulty on the Bitcoin network increased by 9.32% and hit an all-time high of 26.64 trillion on Jan. 21, at 3:07 UTC, beating the previous record set on May 13, 2021. The difficulty is autom...
SEC Rejects First Trust Advisors and SkyBridge Bitcoin ETF
The SEC today rejected an application for a spot market Bitcoin ETF from First Trust Advisors and SkyBridge. First Advisors and SkyBridge Capital’s application was filed last May. The two inves...
Central Bank of Russia Intends to Ban Crypto Mining and Activities
The Central Bank of Russia (CBR) is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities. In a...
Canadian bitcoin exchange and transfer service Shakepay raises $44M
Shakepay, a Canadian-based exchange platform for bitcoin (BTC) and ether (ETH), announced it closed $44 million in Series A funding. The round was led by QED Investors, a US-based venture capital firm...
New York City Mayor Receives First Paycheck in Bitcoin (BTC) and Ether (ETH)
Eric Adams, the newly elected mayor of New York City, stayed true to his promise made last year as he received his first paycheck in the form of cryptocurrencies. NYC Mayor Receives Paycheck in Crypto...
Following the 3% Spike, Bitcoin Eyes Huge Resistance Area Next (BTC Price Analysis)
Despite the relatively long consolidation phase in the past few weeks, the options traders, alongside the on-chain metrics, are showing uncertainty. The fear on the macro scale is affecting both the c...
Bitcoin Millionaires Flock To Puerto Rico To Enjoy Tax Benefits
Advertisement     Bitcoin billionaires are migrating en masse to Puerto Rico for the array of tax benefits that the region offers. Although the numbers are on the ris...
Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion – Altcoins Bitcoin News
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “I...
Grayscale Bitcoin Trust Discount Hits a New High at 26.5%
The Grayscale Bitcoin Trust (GBTC) stock has expanded its discount against the underlying cryptocurrency held in the fund. As a result, on Wednesday, the stock reached a record level of 26.5%. The Out...
SSR Reaches New All-Time Low: On-Chain Bitcoin (BTC) Analysis
BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Stablecoin Supply Ratio (SSR), which has reached a new all-time low. What is SSR? SSR is an on-chain indicator ...
SEC Rejects Bitcoin ETF Proposal From Skybridge Capital
According to a fresh report by Bloomberg, the U.S. Securities and Exchange Commission (SEC) has just rejected a proposal by hedge fund Skybridge Capital and investment advisory firm First Trust, to li...
Mad Money’s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate – Altcoins Bitcoin News
The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. Jim Cramer’s D...
I Only Hold 1 Bitcoin, Real Vision CEO Raoul Pal Reveals
Millionaire investor Raoul Pal has revealed how much he owns of bitcoin, a cryptocurrency that he has been known to actively promote in the past. In what was a shocking revelation, the CEO and founder...
First Mover Asia: Bitcoin, Altcoins Rise and Then Sink
Good morning. Here’s what’s happening: Market moves: The largest cryptocurrency by market capitalization falls under $41,000; ether and other major altcoins also drop. Technician’s take: Oversol...
Robinhood Launches Crypto Wallet Beta for Bitcoin, Ethereum and Dogecoin Transfers
For months, executives at trading app company Robinhood have been promising that cryptocurrency wallets were coming. Today, they’re finally here—well, for the first 1,000 people on the waitlist,...
Bitcoin donations in Tonga- The Cryptonomist
After the devastation caused by the tsunami, humanitarian aid is starting to arrive in Tonga. One of the various initiatives underway is allowing Bitcoin donations to be made through Lightning Networ...
SEC rejects proposed spot Bitcoin ETF from First Trust and SkyBridge
advertisement The US Securities and Exchange Commission has shot down another spot bitcoin exchange-traded fund proposal, this time from First Trust and SkyBridge Capital. As previously reported, Firs...
Here’s why Paxos CEO thinks stablecoins will overtake Bitcoin as payment channel
When it was first envisioned over a decade back, Bitcoin was supposed to be a decentralized alternative to fiat currencies to transform existing financial systems. Much of that has changed along the w...
Yield App Launches V2, and It’s More Than Just a New Look – Press release Bitcoin News
press release Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just...
No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto
In a much-anticipated hearing earlier today, Congress heard testimony on cryptocurrency mining. Despite standing criticisms of environmental impacts and energy usage, the hearing saw remarkably little...
Bitcoin Rises Despite Russia’s Proposed Crypto Ban
On Thursday, Russia’s central bank suggested that lawmakers need to implement regulations to effectively ban domestic crypto-related activities. The bank made it clear, however, that is not sugg...
Bank of Russia Wants a Bitcoin Ban. Here’s How That’s Gone in Other Countries
In brief The Bank of Russia has proposed a full ban on cryptocurrencies. A handful of other countries have taken such a step. Dozens more have implicit bans in place. The Bank of Russia on Thursday is...
Sell Zone For the BTC Price Spotted, Will This Drag Bitcoin Below $40,000
Crypto space is swinging along with the Bitcoin price variations for the past many days. While the market is more exciting for the other altcoins, the BTC price trend is becoming more boring each day....
Crypto Analyst Nicholas Merten Predicts Dramatic Volatility for Bitcoin – Here’s His Target
A popular crypto analyst says that Bitcoin (BTC) is likely to experience a significant price drop, but such a sell-off might be the catalyst that finally sends the leading crypto past $100,000. In a n...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ – Economics Bitcoin News
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes...
Is Russia Trying to Ban Bitcoin?
This episode is sponsored by Nexo, Abra and FTX US. Download this episode NLW covers stories that show the full breadth of the crypto industry in 2022. In the first, he looks at a ...
Ethereum Inflation Rate Is Now Lower Than Bitcoin ! What This Means For ETH & BTC Price ? – Coinpedia – Fintech & Cryptocurreny News Media
Ethereum’s inflation rate is now lower than that of the most valuable cryptocurrency, Bitcoin. Famous crypto proponent and influencer, Lark Davis, tweeted this development to his over 700k followers o...
NYC Mayor to Receive First Paycheck In Bitcoin And Ether
Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-larges...