El Salvador’s President Nayib Bukele bet on Bitcoin last September when he made it legal tender in the Central American nation and invested a lot of cash into the cryptocurrency himself. One year and...
Tag: Bitcoin
Bitcoin Cash [BCH]: All you need to know before you write off this alt
Sharing a statistically significant positive correlation with the leading coin Bitcoin [BTC], Bitcoin Cash [BCH] logged a decline in its price in the last week. According to data from the cryptocurren...
Bitcoin Security Could Be Vulnerable to New Quantum Computers in 2023
Fujitsu and Riken research institute, Japanese tech multinationals are expected to jointly launch a potential Bitcoin-beating quantum computer to companies in 2023. The computer, significantly more po...
Bitcoin is an Insurance Policy Against Financial Disaster: Bill Miller
Despite the market downturn of 2022, legendary value investor Bill Miller remains bullish on his two favorite investments: Amazon, and Bitcoin. In a recent interview, the former chief of Legg Mason ca...
Why Bitcoin miners may be on the verge of ‘losing it all’
Bitcoin [BTC] miners could be within an ace of capitulation because of the non-stop increase of the hashrate. This was the opinion of CryptoQuant, the on-chain crypto analysis platform. However, the B...
Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year – Featured Bitcoin News
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion...
Bitcoin ‘bear trap’ sees BTC price near $20K as daily gains top 9%
Bitcoin (BTC) delivered more surprises on Oct. 14 as the reaction to macro triggers saw a sudden run at $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, crypto smoke shorts...
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
Last year, miners struggled to buy enough rigs. Manufacturers couldn’t fulfill orders fast enough. Now, Matt Schultz, executive chairman of bitcoin miner CleanSpark (CLSK), figures 250,000 to 500,000 ...
Key Reason Why Bitcoin (BTC), Shiba Inu (SHIB) and Cardano (ADA) Just Dropped to Intraday Lows
Alex Dovbnya Cryptocurrency prices fell sharply after most recent inflation report secured another massive rate hike Contents Another massive rate hike is almost a certainty “Nowhere to hideR...
13% of Canada Citizens Hold Bitcoin (BTC) as per Report
7 hours ago | 2 mins read Bitcoin News 13% of Canadians have Bitcoin, up significantly from 5% in 2018-2020. Additional research on Bitcoin has been conducted by the Bank of Canada since 2016. Key fig...
No Big Deal: ZEBEDEE Contributes to Bitcoin Lightning Network Open Source Development
ZEBEDEE, a crypto startup focused on payment solutions using the speedy Lightning Network, has launched a new initiative to contribute open-source code and products to the layer-2 protocol built on to...
Should Bitcoin Follow Ethereum and Adopt Proof-of-Stake?
Ethereum’s transition to Proof-of-Stake has sparked the debate if Bitcoin should follow Ethereum’s footsteps or stick to Proof-of-Work. The Merge upgrade transited Ethereum to the Proof-of-Stake conse...
Bitcoin, Ethereum, Terra Classic, and Toncoin Daily Price Analyses – 14 October Roundup
The global crypto market has seen a decline in value despite the recent bullish trend. The ongoing changes have brought considerable losses to the overall market. The value of Bitcoin, Ethereum, and o...
Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price – Featured Bitcoin News
An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and ...
Bitcoin Miner Stronghold Digital Terminated a Hosting Deal Slashing Debt by 60%
The post Bitcoin Miner Stronghold Digital Terminated a Hosting Deal Slashing Debt by 60% appeared first on Coinpedia Fintech News Stronghold Digital Mining (SDIG) has terminated a hosting agreement wi...
Bitcoin Price Today Will Depend on This Crucial Factor: Report
Yuri Molchan Data issued later today may define which way Bitcoin price will go – up or down Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes...
Binance Launches $500 Million Lending Pool for Bitcoin Miners
Binance, the world’s largest cryptocurrency exchange, has unveiled a $500 million lending pool for Bitcoin miners, as a combination of energy costs, low Bitcoin prices, and higher-than-ever mining dif...
Bitcoin Firm NYDIG Slashes 110 Jobs Amid Ongoing Crypto Bear Market: Report
Bitcoin services company New York Digital Investment Group (NYDIG) has slashed about a third of its headcount, according to a Thursday report by The Wall Street Journal, citing people familiar with th...
Bitcoin: A tale of how naysayers were plunged into losses in last 24 hours
Following the release of the September Inflation Report Data that showed that the consumer price index (CPI) rose 8.2% in September on a 12-month basis, the cryptocurrency market was hit momentarily b...
Bitcoin, Ethereum Erase Losses Following Hot Inflation Report
Bitcoin and Ethereum have recovered all losses from yesterday, following their plunging in response to the release of the U.S. Bureau of Labor Statistics consumer price index (CPI), which was up 8.2% ...
Caution Traders! Bitcoin Approaching $20,000, But it May be Yet Another Short-Term Bounce!
Bitcoin has been on a roller-coaster ride in the last 24 hours, nearly losing the $18,000 mark and now approaching the pivotal $20,000 level. While market participants believe the bullish Uptober rall...
Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings – Economics Bitcoin News
The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Geo...
Bitcoin Shakes Off Bears Following CPI Release, But Will This last?
Bitcoin saw a shaky market day following the release of the CPI data. While the projections for the inflation rates were high, they would come out lower than the actual number and the crypto market ha...
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
The end of Stronghold’s deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 million (depending on the price of bitcoin) unti...
Dormant Wallet Moves 500 Bitcoin After 7 Years
– Advertisement – 500 Dormant BTC Tokens Moved After 5 to 7 years. A large amount of Bitcoin (BTC) tokens – about 500 – are set on the move after 5 to 7 years of dormancy. Amidst the tenac...
Crypto Exchange Binance Announces $500,000,000 in Funding To Support Critical Bitcoin Sector
The world’s largest crypto exchange platform is announcing plans to raise hundreds of millions of dollars to support Bitcoin (BTC) mining. In a new company press release, Binance says it is launching ...
Here Is How Bitcoin, Solana And Cardano Could Perform
After the much awaited US inflation data for the month of September was out, as expected the crypto market was hit with another set of volatility, but on a positive note. This time market participants...
This Bitcoin Mine Is Getting Rid Of Pennsylvania’s Leftover Coal Waste
Who’s going to put leftover coal to use powering the world’s most incredible financial network? Bitcoin, that’s who. Another day, another story about bitcoin mining actually protecting the environment...
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether – Bitcoin News
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit agai...