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Nalezeno "BItcoin": 62531

Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar

10.5.2024
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months. Forex Shortages: The Impact...

Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts 

10.5.2024
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase...

Bitcoin Technical Analysis: Bulls Seek to Regain Upward Momentum

10.5.2024
As of May 10, 2024, bitcoin exhibits a promising recovery trajectory, albeit amidst mixed market signals across various technical frameworks. Following an intraday fluctuation ranging from $60,954 to $63,388, at present, bitcoin is coasting along values between $62,861 to $63,272 per unit...

Bitcoin eyes $70k after breaking out of the consolidation

10.5.2024
Bitcoin has been recognized to have been in a consolidation phase for almost 50 days. It is closer to the historical record of 63 days. However, analysts are apprehensive about the potential next surge once BTC concludes its depressing phase. Its price movement has been mostly within the restricted...

X Launches ‘AI Audience’ for Advertisers, Promises Precision in Targeting

10.5.2024
The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables advertisers to define their target audience in brief...

Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024

10.5.2024
Canaan introduces the A1566 model in Hong Kong, aims to provide a more cost-effective solution for miners by offering higher data processing capabilities with lower energy consumption. The post Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024 appeared first on Cryptonews

Bitcoin mining difficulty sees biggest drop since bear market lows

10.5.2024
Bitcoin saw a significant drop of 5.7% last Thursday, marking a major decrease in nearly a year and a half. Data from Bitbo revealed that this adjustment took place at block height 842,688, resulting in a decrease to 83.1 trillion. This shift stands out as the most significant reduction since...

Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface

10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...

Revolut X, New Cryptocurrency Exchange Platform, to List Dash

10.5.2024
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate...

Arch Labs $7 Million to Develop Bitcoin-Native Application Platform

10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications. The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews

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