Search
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
4.12.2023
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022
US Space Force Member Proposes Bitcoin’s PoW Systems in Cyberattack Prevention
4.12.2023
Image by Kaleb, Adobe Stock Jason Lowery, a member of the United States Space Force, has proposed the use of proof-of-work (PoW) networks, like Bitcoin (BTC), as a means to protect the country from cyber-inflicted warfare. In a letter addressed to the US Defense Innovation Board, Lowery emphasized...
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
4.12.2023
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, with the current value of its bitcoin cache...
Bitcoin Breaks $40K Barrier — Highest Value in Nearly Two Years
4.12.2023
On Sunday, December 3, 2023, bitcoin’s value surged past the $40K mark, peaking at $40,846 at 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% increase and a 3% rise in the past 24 hours, achieving a peak that the cryptocurrency hadn’t seen in 20 months....
While Top Coins Stabilize, a Mystery Token Completes Its First Phase with Astonishing Success
4.12.2023
TLDR Bitcoin (BTC) improved despite Swan Bitcoin’s decision to terminate accounts using mixing services. Cosmos (ATOM) gained after Cosmos announced EDEN. A new meme coin joins the best new ICOs list after selling 25 million tokens in record time. Bitcoin (BTC) enthusiasts may have been receiving...
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
3.12.2023
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar...
Gold Nears Record High Amid Global Uncertainty, Surges to $2,071 an Ounce
3.12.2023
The price of an ounce of pure gold has approached its highest historical level this weekend, reaching $2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when during the Covid-19 pandemic, spot gold prices soared to an unprecedented high of $2,072.50 per ounce....
Breaking: TRON’s Innovation and Bitcoin’s Dominance Challenged by This Crypto Force
3.12.2023
Tron (TRX) has recently captivated the attention of Iranian militant groups, suggesting the broader adoption of TRX. Also, Standard Chartered Bank reasserted its bullish position on Bitcoin (BTC), projecting an even more ambitious height for the flagship digital currency. Meanwhile, BorroeFinance...
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
2.12.2023
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value since late April 2022. Crypto Economy Climbs Nearly 2%...
Bitcoin ETF Decision Dates Approach: What to Expect in January
2.12.2023
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC)’s move to start a public comment period for spot Bitcoin (BTC) ETF applications earlier than expected has stirred up optimism around the launch of these products. On November 28, the SEC published filings instituting...
Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action
2.12.2023
A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas is said to be one of the states with the most potential....
Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares
2.12.2023
Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion...
Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
2.12.2023
Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal inscription transactions. Giacomo Zucco, a bitcoiner, confirmed that Ocean was using Knots as a node, a software developed...
Bitcoin Water Footprint Adds Pressure to Mining Regulations: Report
1.12.2023
Source: Pixabay / Michael Wuensch Popular Bitcoin (BTC) critic Alex De Vries says the asset uses about 16,000 liters of water which can fill a pool for each transaction on the network, a claim that has sparked diverse reactions. In a study released on Nov 29, De Vries opined that Bitcoin has...
Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
1.12.2023
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another cryptocurrency mixing platform, labeling Sinbad.io as a “key money-laundering tool” used by the North Korean Lazarus Group crime syndicate. Sinbad.io, in addition...
Antpool Surpasses Foundry in Hashrate Battle, Claiming Top Spot in November’s Bitcoin Mining Race
1.12.2023
Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, out of the 4,436 blocks that were mined, Antpool...
Bitcoin Price Pumps to $39,000 As Fed Chair Powell’s Remarks Encourage Rate Cut Bets – Where is BTC Headed Next?
1.12.2023
Source: Pixabay / Michael Wuensch Fed Chair Jerome Powell’s tone on the risks faced by the US economy just shifted in a dovish direction, spurring a pump in the price of Bitcoin (BTC) to new yearly highs at $39,000. Powell noted that risks that the Fed doesn’t raise interest rates enough to combat...
Biggest Crypto Gainers Today on Uniswap – MBX, MORRA, AGRS
1.12.2023
Uniswap logo Bitcoin (BTC) is backing off after hitting fresh highs for the year in the $38,800s earlier in the session, but at current levels in the $38,300s, is still up close to 2% in the past 24 hours. Other major cryptocurrencies like Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) were...
Celsius Network’s Bitcoin Mining Pivot Faces Hurdles, Judge Suggests New Vote
1.12.2023
Source: Adobe Celsius’ Bitcoin (BTC) mining plans face obstacles as a United States judge hints at a possible new vote to clear deviations. According to a Reuters report on Nov 30, Celsius may require another creditor vote to change its business operations from a mining and staking enterprise...
Bitcoin Technical Analysis: BTC Bulls Break Resistance, Holding Above $38K
1.12.2023
While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin’s market capitalization stands at $750 billion. Over the past 24 hours, bitcoin...