Bitcoin miner Rhodium Enterprises Inc. has announced the terms for its initial public offering (IPO) which is expected to bring the company’s valuation to over $1.7 billion. Rhodium Set To Raise Over ...
Tag: Bitcoin
Bitcoin Revisits $44k As Exchange Outflows See Uptick
Bitcoin has enjoyed some uptrend over the past day as the crypto once again visits the $44k price level. On-chain data suggests that an uptick in exchange outflows may be behind the move. Bitcoin Exch...
North Korean Hackers Stole Nearly $400M in Bitcoin, Ethereum in 2021: Report
North Korean cybercriminals launched at least seven attacks against cryptocurrency platforms last year. These attacks, per blockchain analytics firm Chainalysis, netted almost $400 million worth of di...
US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party – Economics Bitcoin News
One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in D...
Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways t...
Institutions Will Push Bitcoin Price to $75,000 This Year, Says SEBA Bank CEO
According to Guido Buehler – Chief Executive Officer of the Swiss-based SEBA Bank – bitcoin will reach a new all-time high in 2022. The exec believes institutional investments will be the main factor ...
Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns – Bitcoin News
Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop acce...
Bitcoin Is Massively Overvalued, Billionaire ’Bond King’ Jeff Gundlach
Billionaire Jeff Gundlach has shared his thoughts around bitcoin, saying that the digital asset is massively overvalued. Gundlach who is also known as the ‘Bond King’ is the founder of the investment ...
‘Astronomically Lucky’ Tiny Crypto Miners Defy Odds to Win Bitcoin Jackpot
Two individual Bitcoin miners with modest hashrate hit a jackpot of 6.25 BTC each (around $275,000 at current prices) after successfully adding new blocks to the Bitcoin network—all in the span of two...
Bitcoin (BTC) Could More Than Double in Coming Months, According to Nexo Co-Founder – Here’s Why
The co-founder and managing partner of crypto lender Nexo, Antoni Trenchev, is bullish on Bitcoin (BTC) despite the recent market shakeout. Trenchev says in a Bloomberg interview that BTC could surge ...
Bitcoin, Ethereum, XRP, and Polkadot Daily Price Analyses – 13 January Morning Price Prediction
TL;DR Breakdown The global crypto market continues unimpeded; the global market cap adds 1.96% in 24 hours. Bitcoin, also in a bullish mood, adds 1.51% in the last 24 hours. Ethereum, in a mood to mak...
Tinkoff Bank’s Parent Firm Wades into Crypto with Aximetria Purchase
Despite the strict stance of Russian market watchdogs over the digital currency ecosystem, TCS Group, the parent company of private Russian bank Tinkoff has made a majority acquisition in Aximetria, a...
Here’s Why a Spot Bitcoin ETF is Coming This Year, According to Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan is optimistic that federal regulators will finally green-light a spot Bitcoin (BTC) exchange-traded fund (ETF) this year. In a new interview on CNBC’s ETF Edge, Hougan says tha...
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town – Mining Bitcoin News
A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local uti...
El Salvador President Predicts That Bitcoin Will Reach $100,000 in 2022
2022 could be another extraordinary year for cryptocurrency, with some suggesting that the next 12 months could see Bitcoin finally reach a price point of $100,000 at some point. Indeed, there are a h...
Bitcoin and Tether Bought Massively in Turkey as Safe Haven from Falling Lira
Yuri Molchan Turks are hastily embracing Bitcoin and USDT, looking to convert plunging Lira and save their money The Wall Street Journal reported that the embrace of crypto is currently proceeding at ...
China Decoupling From Bitcoin – Trustnodes
The once dominant Chinese market now appears to have little influence on bitcoin’s price with Asia’s trading hours seemingly becoming a bit quiet. On a day that had much activity on stock trading, wit...
Northwest Arkansas giving a $10K Bitcoin incentive to remote workers
The Northwest Arkansas Council is launching a cryptocurrency incentive program seeking to attract professionals that want to work remotely. The program is targeting entrepreneurs and professionals in ...
Coinbase Acquires FairX, Creating Room for Crypto Derivatives Market
Coinbase is launching a cryptocurrency derivatives service for its clients, announcing the acquisition of derivatives exchange FairX. The acquisition will lay the foundation for Coinbase to open up th...
Tonga Could Adopt Bitcoin (BTC) as Legal Tender By November, Says Former MP
Former member of parliament of Tonga, Lord Fusitu’a, revealed that the country’s legal tender bill for Bitcoin is “modeled on” and is “almost identical” to that of El Salvador. Bitcoin and Tonga Accor...
This Cryptocurrency (Not Bitcoin) Could Become The ‘Visa Of Crypto’—A Huge Price Prediction For Solana And Ethereum
It looks like bitcoin and cryptocurrency prices have bottomed out—ending the worst weekly crypto rout since last December, during which major cryptocurrencies shed $300 billion in combined value. This...
GAIMIN Brings Blockchain and NFTs to Minecraft – Press release Bitcoin News
press release PRESS RELEASE. Zug, Switzerland, 13th January 2022: As part of its strategic business objective to become the leading gaming technology company, GAIMIN announces a plug-in and metaverse ...
What Advisors Should Know About Bitcoin and Inflation
When it comes to something as complex as the economy, how do we as humans think we can manage everything so neatly? Dot plots, forward expectations, tapering and rate changes – when a group of people,...
Points Best Satisfies The Bitcoin Trader In Finding A Platform
The bitter truth that nowadays people are witnessing is the no more extended power exercise by the traditional Bank. The popularity of conventional banks is reducing tremendously due to the trading ac...
NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the “Access Pass” NFT
U.S.-based music blockchain NFT platform LÜM has announced 25 partnerships with world-renowned musicians to launch the “Access Pass” NFT. These musicians can build their own communities and launch the...
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk – Mining Bitcoin News
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s ne...
Annual Forecast for Bitcoin Cash (BCH), 2022
Jan 13, 2022 at 09:12 // Price The price of Bitcoin Cash (BCH) is in a downtrend. At press time, the cryptocurrency is trading at $376. Bitcoin Cash Price Long-Term Analysis: Bearish ...
Earning Millions From Bitcoin! Is It Possible To Make Such Capital?
If you are an existing Bitcoin trader, the strategies listed below can help you redefine your skills and high target objectives. The world utilizes the latest technology, becoming more enthusiastic an...
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on CNBC Capital Connection Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term. Fang acknowledged that time ...
Bitcoin Outperformed Crude Oil, S&P 500, NASDAQ, and Gold in 2021 (CoinGecko Report)
Despite the price slumps at the end of last year, bitcoin still managed to close 2021 with an increase of over 60%. As such, it outperformed all other major asset classes for the second year in a row,...
Report Highlights Tech Firm Ryval’s Avalanche-Powered Litigation Tokenization Concept – Bitcoin News
According to a recent interview, trial lawyer Kyle Roche from the legal firm Roche Freedman LLP has started a tech startup called Ryval that aims to be “the stock market of litigation financing.” The ...