The ill-gotten cryptocurrency from one of the industry’s major hacks is on the move again, with on-chain data suggesting that another $46 million of stolen assets has been migrated from the hack...
Tag: Bitcoin
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs – Mining Bitcoin News
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j ...
Visa to Issue Bitcoin Powered Cards in Over 40 Countries
Wirex has signed a long-term partnership with Visa to expand to more than 40 countries in APAC. According to a press release today, popular cryptocurrency payment app Wirex has inked a long-term globa...
FUD Around BUSD May Drag the Bitcoin Lower-This is What One can Expect from BTC Price This Week!
The fresh weekly trade began with the rounds of the SEC restricting Paxos from issuing new BUSD coins. The platform is believed to face a lawsuit from the SEC in connection with issuing BUSD labeled a...
Eddy Alexandre Pleads Guilty to Commodities Fraud
In a New York district court, Eddy Alexandre, the CEO of a putative cryptocurrency trading platform known as EminiFX, pled guilty to commodities fraud. As part of his plea deal, he agreed to pay back ...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert – Bitcoin News
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been r...
Public BTC Miners Increased Bitcoin Production In January
The year-end was marked as unlucky for Bitcoin miners due to unexpected weather conditions in North America. Sudden storms and power interruptions severely hampered mining activities in the nation. Ea...
Tether dominates Brazil as bitcoin, ether fall out of favor
In a country where economic instability is as common as coconuts, Brazilians appear to favor the stablecoin tether as their cryptocurrency of choice. The federal tax authority, which compiles data fro...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked
OneKey, a company that provides cryptographic hardware wallets, has said that it has already patched a flaw in its firmware that made it possible for one of its hardware wallets to be compromised in u...
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security – Altcoins Bitcoin News
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Sec...
The Block: Bitcoin mining report: Feb. 13
Bitcoin mining stocks tracked by The Block were mostly lower on Monday, with four gaining and 13 declining. Bitcoin fell 1.5% to $21,653 by market close. Here is a look at how the individu...
Drake Won $1.2M Worth of Bitcoin on Super Bowl Bet
The popular Canadian rapper – Aubrey Drake Graham (better known as Drake) – won $1,262,000 worth of bitcoin after the Kansas City Chiefs came out victorious on Super Bowl LVII and Patrick Mahomes scor...
Bloomberg Analyst Issues Warning, Says Bitcoin Facing Massive Threat From Rate Hikes and Recession
Bloomberg Intelligence senior macro strategist Mike McGlone is warning Bitcoin (BTC) traders to avoid fighting the U.S. Federal Reserve. McGlone warns his 54,500 Twitter followers that BTC is still fa...
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App – Bitcoin News
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be...
First weekly death cross ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February. After modest volatility toward the weekly close, BTC/USD is still near three-week lows as a new sta...
Death Cross Comes to Bitcoin, Analyst Points Out
Arman Shirinyan Technical signal you would never want to see occurs on Bitcoin, bringing some fears back to market The cryptocurrency analyst Benjamin Cowen has recently highlighted a significant tech...
Top Influencer Uses AI to Forecast Bitcoin Price Prediction For 2025
Ben Armstrong, also known as BitBoy Crypto, is one of the most prominent crypto influencers on YouTube, and he recently attempted to forecast the price of bitcoin over the next two years by using the ...
Adam Back Says Bitcoin Could Explode to $200,000,000,000,000 Market Cap by 2032 – Here’s Why
Blockstream CEO and Bitcoin (BTC) advocate Adam Back says that the flagship crypto asset can explode to a $200 trillion market cap in the next nine years, meaning a price tag of about $10 million per ...
Coinbase Executives Stand Up for Crypto Staking Services
Trade in cryptocurrencies Executives at Coinbase are defending the company’s cryptocurrency staking services, arguing that they cannot be categorized as a security and threatening to take the su...
Bitcoin Price Analysis: 21419 Target Tested
BTC/USD Tests 21419 Target: Sally Ho’s Technical Analysis – 14 February 2023 Bitcoin (BTC/USD) remained pressured early in the Asian session as the pair recently traded as low as the 21454.67 level, ...
MATIC Drops by 10%, ATOM Hits 2-Week Low – Market Updates Bitcoin News
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday’s session. Volatility was high ahead of Tuesday’s U.S. consumer price index release, and with the ...
Bitcoin risk has not materialized in El Salvador
A few days ago Reuters revealed that the International Monetary Fund says Bitcoin-related risks for El Salvador have not materialized. The IMF explicitly admitted that such risks have not materialized...
Silvergate Capital Corp. is the second-most-shorted stock
According to the most recent Short Interest Reporting dated February 9, the cryptocurrency bank Silvergate Capital Corp. is the second-most shorted company in the United States, with nearly 72.5% of i...
Choppy seas for Bitcoin and crypto
The violent ups and downs of the current crypto market can leave some investors more than a little queasy, but it can be worth it in the long run. A period of stormy seas Choppy seas is the name of th...
IMF Warns El Salvador Against Using Tokenized Securities to Fund Bitcoin Purchases ⋆ ZyCrypto
Advertisement     The International Monetary Fund (IMF) has cautioned El Salvador against using tokenized bonds to fund Bitcoin purchases and urged it to reconsider it...
Brazilians Will Be Able to Pay Taxes With Crypto – News Bitcoin News
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy,...
Cathie Wood’s Another $COIN Stock Purchase and Bitcoin Prediction
Cathie Wood once again filled her Coinbase (NASDAQ:COIN) stock bucket by buying up its shares. This $COIN share purchase by Cathie Wood was after a nearly month-long break. Cathie Wood, Founder and CE...
Bitcoin might have entered the bull transition phase, analysis suggests
Bitcoin (BTC) might have already entered the bull transition phase for the current cycle, according to a recent analysis by CryptoQuant analyst and trader Yonsei Dent. Dent made these assertions based...
Bitcoin SLA hits all-time high in all categories, similar trend seen in the 2015 bear market
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