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OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread
18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
18.4.2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed...
Bitcoin price drops to $52K, liquidating almost $10B
18.4.2021
Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound
Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors
17.4.2021
The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last...
‘Ossification Is Stupid:’ Bitcoin Development Controversy Strikes ‘Speedy Trial’ Taproot Activation
17.4.2021
The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke...
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
17.4.2021
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as...
Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag
16.4.2021
The old adage "price follows hash rate" may be about to see one of its biggest tests in the past twelve years
‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’
16.4.2021
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about...
Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin
15.4.2021
The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland...
200-Year-Old American Wine Shop Now Accepts Cryptocurrencies
15.4.2021
Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine...
Bitcoin at $62K ‘great buy’ before next surge, says fund manager
15.4.2021
Consolidation after fresh all-time highs means now is the time to buy BTC in “wildly bullish” conditions, argues Vailshire Capital
New 'inverse' Bitcoin ETF now lets investors short BTC price
15.4.2021
The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive
Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
14.4.2021
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016...
Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance
14.4.2021
While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset...
Latest Episode of The Simpsons Prices Bitcoin at ‘Infinite’ as the Crypto Consolidates Above the $60K Threshold
14.4.2021
Bulls are taking the reins of the price action in the bitcoin across the board, making a solid breakout above the $60,000 threshold, reaching new all-time highs, and it seems The Simpsons “did it again.” In a new episode broadcasted on Sunday, BTC is highlighted in a ticker news feed...
Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
13.4.2021
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...
Bitcoin Price Taps New All-Time High, Analyst Says ‘Fertile Grounds for BTC to Take a Fresh Leg Up’
13.4.2021
The price of bitcoin has crossed a new all-time high (ATH) on Tuesday, as the leading crypto asset has jumped to $63,275 per unit during the early morning trading sessions (EST). At the time of publication, the entire market economy with over 9,203 cryptos is valued at $2.153 trillion with $164...
Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders
13.4.2021
Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or need to declare crypto holdings. Fines...
Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People
12.4.2021
This week our newsdesk covered the world’s wealthiest cryptocurrency billionaires after the American business magazine Forbes published the 2021 list of billionaires. Now it was mentioned in our report that Satoshi Nakamoto didn’t make the cut, even though Bitcoin’s inventor...
Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’
12.4.2021
While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even...