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Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Mega Awakening — Whale Transfers 429 ‘Sleeping Bitcoin’ From 2010 Worth Over $16.8 Million
10.3.2022
After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC)...
First Mover Americas: Bitcoin's Awaits Triangle Breakout, Focus on Dollar
10.3.2022
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...
Bitcoin's 'Ichimoku Cloud' Breakout Could Lead to Continued Uptrend
3.3.2022
While bitcoin's cloud breakout points to more gains ahead, heightened geopolitical risk calls for tight stop loss on all crypto positions, one observer said
Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days
27.2.2022
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78%...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Bitcoin’s Bounce Stalls Below $40,000
25.2.2022
Rising alongside Bitcoin are equity markets, with the Nasdaq higher by 4% from its worst levels on Thursday morning
Bitcoin's Implied Volatility Suggests Recovery Set to Continue
25.2.2022
Bitcoin's recovery from one-month lows has some investors saying the rebound is likely to continue, and activity in the options market suggests they may be right
Trudeau Proved Bitcoin's Value, so Why Is It Trading Sideways?
23.2.2022
Financial censorship in Canada is creating new crypto converts. But BTC's price isn't following - yet
Bitcoin’s and Ethereum’s Downtrend on Pause, LUNA and HBAR Rally
23.2.2022
Bitcoin price started an upside correction above the USD 37,000 level. BTC even climbed above the USD 38,300 level, but it failed to gain strength and is currently (04:14 UTC) trimming gains near USD 37,900. In either case, it’s up 3% in a day....
Read More: Bitcoin’s and Ethereum’s Downtrend...
So What If Part of Bitcoin's Code Was State-Funded?
22.2.2022
Adam Tooze asked if bitcoin politics is self-deluded. Cypherpunks are just resourceful
Veteran Trader Peter Brandt Warns Bitcoin’s Price Corrections Can Be Lengthy
20.2.2022
Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of...
2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade
18.2.2022
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins...
Spanish Securities Regulator Warns of Impersonators Selling Bitcoin on Its Behalf
15.2.2022
The CNMV, the Spanish securities regulator, has issued a warning about the existence of an unknown party asking for information and offering to sell bitcoin on its behalf. The fraudsters are said to perform the scam attempt via phone calls, where they ask for personal information and offer...
Canada Joins Lebanon and Turkey in 'Bitcoin's Marketing Team'
15.2.2022
The Deputy Prime Minister and Finance Minister of Canada has claimed that banks in the country could be asked to immediately freeze or suspend the bank accounts of individuals in the country, as the “truck drivers’ protest” over Canadian COVID-19 restrictions continues....
Read More: Canada...
Netflix Orders Crypto Series About a Couple’s Alleged Scheme to Launder $4.5B in Bitcoin Stolen From Bitfinex
13.2.2022
Netflix has ordered a documentary series about the couple who allegedly laundered billions of dollars from the 2016 Bitfinex hack. Aspiring rapper Heather Morgan and her husband, Ilya “Dutch” Lichtenstein, were arrested in New York this week. The Department of Justice (DOJ) also...
Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint
10.2.2022
The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack
10.2.2022
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein...
Bitcoin’s Current Fair Price Is Around USD 38,000 - JPMorgan
9.2.2022
US investment bank JPMorgan estimates that the “fair value” of bitcoin (BTC) is around USD 38,000, basing its valuation on the crypto’s volatility in comparison with gold.
The estimate, developed by a team of strategists led by Nikolaos Panigirtzoglou, was published yesterday in a note,...