Search
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High
14.5.2022
Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners...
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
10.5.2022
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether....
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...
First Mover Americas: Bitcoin's $40K Breakout Elusive as Fed-Inspired Dollar Drop Loses Steam
5.5.2022
The latest moves in crypto markets in context for May 5,2022
Marathon Digital May Start to Sell Some of Its Bitcoins
5.5.2022
The miner said any sale would not be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year
Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher
4.5.2022
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against...
Bitcoin's 'Mayer Multiple' Nears Point of Undervaluation Ahead of Fed
4.5.2022
While the Mayer Multiple is nearing point of undervaluation, hawkish Fed expectations cloud prospects of bullish reversal
Report: Two South Koreans Paid in Bitcoin to Spy for North Korea
4.5.2022
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total...
Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million
2.5.2022
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020....
World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake
29.4.2022
According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their...
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
29.4.2022
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for...
Bitcoin's Unfinished Business: Why Micropayments Still Matter
28.4.2022
Tiny, cheap-to-deliver payments can open up new markets of small digital goods. Can a new wave of crypto-inflected startups plug a long-standing gap in the internet?
Finland Plans to Donate Seized Bitcoins to Help Ukraine: Report
27.4.2022
The bitcoin seized in various criminal investigations and donated could be worth as much as $77 million, according to the report
Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'
27.4.2022
A short squeeze occurs where an unexpected rise in the asset's price has bears unwinding their positions
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
27.4.2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining...
First Mover Americas: Bitcoin's Price Bounce Stalls; Options 'Max Pain' in Focus
26.4.2022
The latest moves in crypto markets in context for April 26, 2022
Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low
26.4.2022
Bitcoin's inverse correlation with PAXG represents the leading cryptocurrency's recent behavior as a risk asset rather than a store-of-value
Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week
24.4.2022
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April...
A Year After Coinbase's Public Debut, Most Listed Crypto Firms Are Underwater Compared With Bitcoin's Performance; BTC Retreats From $42K
22.4.2022
Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K
20.4.2022
Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days