Bitcoin (BTC) has made a strong start to 2023, climbing 43%, its strongest rally in two years. But since the start of Feb., price has remained flat. Since testing $24,000 resistance, BTC dropped 4% to...
Tag: Bitcoin
Here’s the Worst Case Scenario for Bitcoin- Is $12K Incoming?
On Monday, Bitcoin fell for the fifth day in a row before recovering later in the day to trade close to $23,000. Over the last 24 hours, the largest cryptocurrency by market capitalization has lately ...
Bitcoin Experiences Another Surge, Now at $21K
We’re only a few weeks into the new year, but bitcoin is keeping up its good vibes and experiencing further boosts to its price. Bitcoin Is Still Booming Live Bitcoin News has already published a few ...
Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay – Sponsored Bitcoin News
sponsored Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Finan...
Shares of Bitcoin Miner Hut 8 Slump on Merger With US Bitcoin Corp.
Hut 8 will gain access to hundreds of megawatts of cheap energy through the merger, while U.S. Bitcoin Corp., known as USBTC, gains a partner with a strong balance sheet. The merger will give the new ...
Bitcoin Miners Hut 8, US Bitcoin to Combine in Stock Merger (1)_
(Bloomberg) — Bitcoin miners Hut 8 Mining Corp. and US Bitcoin Corp. are merging in an all-stock deal after a prolonged slump in cryptocurrency prices heaped pressure on the industry. Most Read ...
Hut 8 to merge with rival cryptocurrency mining firm US Bitcoin
Two notable Bitcoin mining firms, Hut 8 and US Bitcoin, have announced a merger as detailed in a press release published on Feb. 7. Combined company will have six sites The merger will combine two of ...
Bitcoin Rollercoaster on Powell Speech, SAND and ROSE Rally Over 25% (Market Watch)
The past 24 hours were quite tumultuous within the cryptocurrency market as major large caps went through a rollercoaster during the speech of the Chairman of the Federal Reserve – Jerome Powell. Mean...
Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study – Featured Bitcoin News
According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African citie...
What is Fedimint and second-party custody for Bitcoin?
Fedimint addresses a significant attack vector of the Bitcoin network: centralized custodians, such as exchanges holding keys to large amounts of its customers’ bitcoin. The world needs to look no fur...
Capital of Bosnia and Herzegovina gets its first Bitcoin ATM despite lack of regulation
Although the country’s official stance on the cryptocurrency industry is still unknown, and a bill is yet to be drafted to regulate it, the capital of Bosnia and Herzegovina has recently received its ...
Bitcoin and Ethereum value analysis
The cryptocurrency sector is going through a moment of reflection as the new week of February begins, with another down day in line with the red close of the first week of the month. This broke the st...
Argo Blockchain mined 14% more bitcoin in January than December
Argo Blockchain’s bitcoin mining production increased 14% in January, producing 168 BTC, compared to 147 BTC in December 2022. “The increase in BTC mined was primarily due to fewer c...
Biden administration contemplates forcing Bitcoin miners to reveal pollution data
United States Democratic lawmakers are intensifying their efforts for crypto mining companies to reveal their energy use and greenhouse gas emissions as the industry grows. The lawmakers are pushing f...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin News
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million,...
Bitcoin, Ethereum, Matic, crypto price Analyses
In this article we will see the analysis of three crypto and so their performances: Bitcoin, Ethereum and Polygon (Matic). Bitcoin crypto Analysis Bearish Bitcoin market participants sent the asset’s...
Shaping the Future of DeFi on Bitcoin
Bitcoin is the world’s largest and most popular cryptocurrency, and the protocol is known for its decentralized nature and secure transactions. However, despite its widespread adoption, Bitcoin lacks ...
Bitcoin mining firms Hut8 and US Bitcoin announce merger
Hut 8 and U.S. Bitcoin have joined forces to form a new bitcoin mining corporation dubbed Hot 8 Corp., a large-scale publicly listed bitcoin mining corporation with access to 825 MW of electricity. Hu...
Bitcoin Boom to $28,000 Incoming – If Top Crypto Can Stay Above This Line: Analyst Michaël van de Poppe
Popular crypto strategist Michaël van de Poppe believes that Bitcoin (BTC) is gearing up for a burst to the upside as it now trades above a key level. Van de Poppe tells his 647,300 Twitter followers ...
Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar – Economics Bitcoin News
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute fo...
Bitcoin may fall to $12k says Benjamin Cowen
Benjamin Cowen, a prominent cryptocurrency analyst, has established a price goal for bitcoin (BTC) if its value was to plummet. A new strategy session that Cowen uploaded on YouTube informed his 783,0...
Bitcoin Pops, Then Drops as Fed Chief Powell Says Beating Inflation Will ‘Take Time’
Bitcoin swung upwards with stocks but then settled lower following Federal Reserve Chairman Jerome Powell’s comments that the central bank is beginning to get inflation under control. Powell cautioned...
Bitcoin Thunderbolt And Its Features: The Newest Scam-Free Crypto Platform Is Here!
2022 has undoubtedly been a rough year for crypto. Prices are down, and we’re in the middle of a long bear market. Of course, these periods never last forever, and many people expect an impending cryp...
UK Watchdog Proposes Tougher Advertising Rules
According to the United Kingdom’s financial watchdog, newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms facing up to two years in prison for...
Bitcoin Price Analysis & Prediction (Feb 7th) – BTC Reaches Exhaustion Point, Likely to Lose Momentum Soon
Bitcoin seems to have reached an exhaustion point following a series of rejections in the past few days. It has lost 4% in a week, with dominance at 41.5%. However, it still looks bullish but is curre...
Jerome Powell Speech Today, Bitcoin Price Drops, Sell Off Ahead?
Today the crypto market has been leaning towards bearish sentiment ahead of Jerome Powell’s speech. This bearish pull was also affected on Crypto related stocks. The world’s first cryptocurrency, Bitc...
Sam Bankman-Fried’s Lawyers Reach Agreement with Federal Prosecutors
The attorneys for Sam Bankman-Fried have struck a settlement with the federal prosecutors who are investigating his usage of chat applications. SBF “must not utilise any encrypted or ephemeral c...
Bitcoin: For the first time since April 2022, BTC holders see profit
The recent rally in BTC’s price has put many holders in profit. Many holders are, however, inclined to sell, rather than hold. In the first 30 days of 2023, Bitcoin’s price rallied significantly, caus...
Bitcoin Price Analysis: BTC Remains Supported For More Upsides
Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bea...
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils – Bitcoin News
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conc...
Damus to lure in Crypto Twitter with Bitcoin revenue payout option
Decentralized social network Damus teased an upcoming feature in its app that would allow users to earn satoshis — the smallest fraction of Bitcoin (BTC) — based on post engagement on the platform. I...