Block Inc Jack Dorsey confirmed on Thursday, January 13, that the company is building an open Bitcoin mining system that reduces the entry barrier in Bitcoin. The new open Bitcoin mining system will b...
Tag: Bitcoin
Bitcoin Price Starts Corrective Decrease, Can Bulls Protect Losses
Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000...
Fidelity expects more sovereign nations to acquire Bitcoin in 2022
In a recent report, Fidelity said that there was a high chance for more sovereign nation-states to acquire Bitcoin this year. According to the asset manager’s 2021 roundup, last year was marked with o...
Right Time To Buy More Bitcoin ? Here’s What On Chain Data Say ! – Coinpedia – Fintech & Cryptocurreny News Media
The cryptocurrency market is now in an upward trend. BTC is expected to reach $46K, while ETH is hovering at $3.2K. Most altcoins are losing money in lockstep with the market. Altcoins, on the other h...
Composable Finance Wins Polkadot Parachain Auctions
Composable Finance, a robust cross-chain and cross-layer infrastructure with intuitive tools for developers, which prides itself as the face of DeFi, has won the 8th slot in the 7th Polkadot Parachain...
Thai companies shell out millions to join the Bitcoin mining bandwagon
China might have labeled Bitcoin and cryptocurrency mining “obsolete” in the country. But its exit from the sector has proven to be a boon for countries like the USA, Russia, and Kazakhstan where most...
Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for Millions of Retail Customers – Exchanges Bitcoin News
Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customer...
Payments Giant Block to Build Open-Source Bitcoin Mining System
Block, formerly known as payments company Square, is going ahead with its plan to build an open-source bitcoin mining system, according to a Tweet from Thomas Templeton, Block’s general manager ...
Northwest Arkansas is offering $10K in Bitcoin and bike to relocate there
How about this as an incentive to relocate: $10K in crypto and a bike. Northwest Arkansas hopes to lure remote tech workers and entrepreneurs to the region by offering them $10,000 worth of Bitcoin (...
Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor
Christopher Giancarlo, the former Chairman of Commodity Futures Trading Commission (CFTC) has joined blockchain-focused investment firm CoinFund as a strategic advisor. Billed to advise the firm on ma...
Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022
Bitcoin has grown from being ‘internet money’ used by only a few thousand people during its first few years to being part of the balance sheets of big companies and sovereign states. El Salvador is a ...
US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals – Regulation Bitcoin News
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed doe...
Bitcoin and Ether Market Update January 13, 2022
Total crypto market cap added $130 billion from its value for the period since Monday and now stands at $2.07 trillion. The top ten coins are all in green for the last 24 hours with Solana (SOL) and T...
Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System
Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s gen...
Turkey embraces Bitcoin and Tether as the lira keeps spiraling down
The volatility of the Turkish lira is pushing Turks to adopt cryptocurrencies as both a means of payment and a store of value. The country’s national currency has lost 40% of its value against the dol...
Jack Dorsey Says Block, Formerly Square, Is Getting Into Bitcoin Mining
In brief In October, Dorsey said the company was looking into building a Bitcoin mining system. It’s now putting together a team to build it. In October, Square CEO Jack Dorsey let loose that th...
Bitcoin Outperformed Gold and other Traditional Assets
CoinGecko released its annual report for last year. Bitcoin (BTC) performed better than gold, oil and other traditional assets. 2021 was a very intense for Bitcoin. There was a mining ban in China, a ...
Did Bitcoin Flash Its Reversal Signal? Top Trader Looks at BTC’s Dip Below $40,000
A popular crypto trader says Bitcoin (BTC) could be flashing a signal that means its price woes are about to turn around. The pseudonymous crypto analyst known as Cheds tells his 35,700 YouTube subscr...
Bitcoin And Ethereum Futures ETF To Arrive In India
Through a memo of understanding, Torus King Blockchain IFSC recently partnered with India INX to launch India’s first Bitcoin and Ethereum ETF product. This is the first Bitcoin futures ETF to premier...
Bitcoin Recovers from Brief Drop Below $40,000
Bitcoin – the world’s number one digital currency by market cap – briefly fell below the $40,000 mark for the first time in several months. At press time, the asset has risen back to about $41,000 per...
Bitcoin.com Games Releases its Very First Crash Game Space XY – Promoted Bitcoin News
Play a brand new crash game on Bitcoin.com’s crypto casino brought to you by BGaming! First-Ever Space Crash Game on Bitcoin.com Games Crash gambling is a type of casino gaming genre that ...
Analysts expect turbulent Bitcoin price until $46,500 flips to support
Market volatility reared its ugly head once again for crypto traders on Jan. 13 as the excitement of Bitcoin (BTC) hitting its highest level in a week was quickly thwarted by a correction that thrust ...
Gold, Stocks, and Bitcoin: Weekly Overview — January 13
This week’s price movements for Bitcoin (BTC), gold, and our stock pick Visa. BTC Bitcoin (BTC) has had a pretty dismal start to the new year. Coming into January, BTC was trading around $46,500 befor...
Russia’s National Finance Association Calls for Legalization of Crypto Investments – Finance Bitcoin News
The main finance industry association of Russia has urged authorities to reconsider a position against crypto investments in the nation’s financial market strategy. The organization insists that the c...
El Salvador losing close to $12 million in Bitcoin
TL;DR Breakdown • The government of Nayib Bukele could be holding over 1,391 Bitcoin.• El Salvador will recover from the economic crises after the BTC price rise. El Salvador could be experiencing a s...
100 Bitcoin ATMs to Be Installed in Spain This Year
Alex Dovbnya Spain will rank number 3 on the list of countries with the biggest number of Bitcoin ATMs Bitnovo, one of the top Spanish bitcoin payment platforms, has partnered with Eurocoin, Europe’s ...
Twitter CEO Jack Dorsey Launches New Legal Defense Fund To Protect Bitcoin Developers From Lawsuits
The former head of Twitter is spearheading a new effort to advocate on behalf of Bitcoin (BTC) developers in legal matters. Jack Dorsey announced the creation of the nonprofit Bitcoin Legal Defense Fu...
Bitcoin and Ethereum Futures ETFs Coming to India: Report
In brief If approved, these would be the first crypto ETFs in India. Bitcoin futures ETFs launched for the first time in the U.S. in 2021. This time last year, India legislators were floating a crypto...
MVRV Gives Signal That Preceded Previous Parabolic Increase: Bitcoin (BTC) On-Chain Analysis
BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Market value to realized value (MVRV). MVRV for BTC The MVRV measures the ratio between the market and realized ...