10 hours ago | 2 mins read Bitcoin News The merged business would be headquartered in the United States. Shares of Hut 8 Mining (HUT) finished the day up 7% at $2.38. In an all-stock transaction, Hut ...
Tag: Bitcoin
Genesis creditor reveals new proposed restructuring plan that will see creditors getting back
According to information provided by a Genesis creditor, the most recent suggested restructuring plan between Genesis, Digital Currency Group, and creditors would result in creditors receiving at leas...
Analyst Says Bitcoin May Be Tracking Path of Explosive AI-Based Altcoin – Here’s His Outlook
A popular crypto strategist believes that Bitcoin (BTC) could be following in the footsteps of an artificial intelligence (AI)-focused altcoin that’s printing massive gains this year. Pseudonymous cry...
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist – Economics Bitcoin News
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that th...
Bitcoin sees golden cross which last hit 2 months before all-time high
Bitcoin (BTC) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first time in 18 months. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle of the Bitcoin crosses b...
Bitcoin Miners Hut 8, US Bitcoin Corp to Merge in All-Stock Deal
Major Bitcoin miners Hut 8 Mining and U.S. Bitcoin Corp today announced a merger which will bring the two companies together to create a North America crypto mining giant. Tuesday’s announcement said...
Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII
It has been claimed that viewers of the Super Bowl LVII, which will take place on February 12 and will feature a matchup between the Kansas City Chiefs and the Philadelphia Eagles, will not witness an...
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan – Economics Bitcoin News
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury ...
Riot Blockchain’s Texas Mining Operations Disrupted by Winter Storms
The cryptocurrency mining company Riot Platforms, previously known as Riot Blockchain, has announced that 17,040 rigs that were installed at its facilities in Texas have been rendered inoperable as a ...
Bitcoin Price Analysis: Orbiting 22775
Bitcoin Finds Light Bid Above 22775: Sally Ho’s Technical Analysis – 8 February 2023 Bitcoin (BTC/USD) added minor upside gains early in the Asian session as the pair continued its climb from the 226...
Investment Manager Predicts Gold Could Hit $3,000 This Year – Markets and Prices Bitcoin News
Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be surprised to see a $3,000 price this year,” said an executive of the firm. ...
Revolut Introduces Crypto Staking to UK and EEA
Customers in the United Kingdom and the European Economic Area (EEA) may now participate in crypto staking thanks to the neo-banking platform Revolut, which is headquartered in the United Kingdom and ...
Reddit User Discovers 7zip File Possibly Linked to Julian Assange Hidden in Bitcoin Blockchain – Bitcoin News
According to a post on the Reddit community r/bitcoin, an old file was discovered that may be linked to Julian Assange, the whistleblower and founder of Wikileaks. The encrypted 7zip file is in the ou...
Bitcoin (BTC) Foundation’s Gavin Andresen
Yuri Molchan Prominent Bitcoin enthusiast and developer admits that trusting self-proclaimed Satoshi Nakamoto Craig Wright too much was mistake Contents “It was a mistake to trust Craig Wright&#...
FTX CEO Describes ‘Pure Hell’ Leading Up to Exchange’s bankruptcy case
John Ray, who recently took over as chief executive officer of the cryptocurrency exchange FTX after the business declared bankruptcy, has revealed some of the chaotic incidents that have occurred at ...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal – Bitcoin News
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and ...
Bitcoin Price is NOT Looking Okay…This 4-hour Chart is Alarming!
Bitcoin prices managed to increase by more than 30% since the beginning of the year 2023. This led to an increase in the overall crypto market. Today, it seems that this uptrend is stalling as Bitcoin...
Is a Bitcoin Supply Crisis on the Cards?
In recent months, long-term holders have been accumulating BTC at a record pace. What’s more, the largest outflow of Bitcoin from exchanges in history is underway since the FTX crash in November 2022....
Topmost Bitcoin Miner at Record Bitcoin Generation, Bear Market Over?
Riot, a bitcoin mining company supporting the bitcoin blockchain has newly publicized that its generation and functions upgrade for January 2023. It generated a fresh all-time high of 740 Bitcoin in t...
Investors Interested in Digital Assets Despite Volatile Market
The European cryptocurrency investment company CoinShares released its “Digital Asset Fund Flows Report” on February 6. The report revealed that investors are demonstrating a strong intere...
Bitcoin Increases to $23.3K as Powell Reiterates 2% Inflation Target
Federal Reserve Chairman Jerome Powell spoke more on the future direction of monetary policy following an unexpectedly strong U.S. jobs report on Friday. Here’s what he had to say: During an interview...
DOOM Game Now Available On Bitcoin; Here’s How You Can Play
DOOM Game News: Users can now play an unofficial clone of the legendary 1993 first-person shooter Doom on the bitcoin blockchain. However, it is probably not what Bitcoin creator Satoshi Nakamoto had ...
Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns – Bitcoin News
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millio...
The Block: Bitcoin mining report: Feb. 7
Bitcoin mining stocks tracked by The Block were mostly lower on Tuesday, with seven gaining and the other 12 declining. Bitcoin rose 1% to $23,234 by market close. Here is a look at how th...
Bitcoin Bull and MicroStrategy CEO Says the Downfall of FTX will be Beneficial for Bitcoin in the Long Run
Join Our Telegram channel to stay up to date on breaking news coverage The mammoth trillion-dollar industry of cryptocurrency is on shaky grounds after the scandals of 2022 imploded crypto giants like...
Total value locked in Ethereum-based Decentralized exchange
The Uniswap community cast their votes in support of implementing Uniswap v3 on Boba Network’s layer-2 protocol on Ethereum, and the majority of those votes were positive. The proposal to implem...
Hut 8 Mining Merges With US Bitcoin Corp
Canada-headquartered Hut 8 Mining Corp. plans to merge with US Bitcoin Corp. in an all-stock deal to create a crypto mining giant in North America, the company announced on Tuesday. The Boards of Dire...
GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak – Market Updates Bitcoin News
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol’...
Bitcoin (BTC) Will Reach $25,000, But Another Thing Is Happening First, Mike Alfred Says
Yuri Molchan Crypto wealth manager and investor Mike Alfred expects Bitcoin to reclaim $25,000 Prominent crypto investor Mike Alfred has published a tweet, sharing his optimistic take on the Bitcoin p...
HKSFC to Hire 4 More Staff to Supervise Crypto
When it comes to monitoring the operations of the cryptocurrency business, the authorities in charge of regulation in Hong Kong are ramping up their game. According to a report that was submitted by t...
Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000?
The price of Bitcoin has returned to sideways action following a massive rally from its yearly lows at around $16,400. The cryptocurrency has been trending to the upside on favorable macroeconomic win...
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market – Defi Bitcoin News
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido hol...