Tag: bitcoin
All news related to the leading cryptocurrency.
A Solo Miner Mines a BTC Block
Reading Time: < 1 minuteA solo miner with a hashrate of 11 PH/s mined block #814,308 on the Bitcoin blockchain on October 29.
UN Says There is a Correlation Between Bitcoin Price and Network Energy Consumption
Reading Time: < 1 minuteUN scientists concluded that the increase in their energy consumption to 173.42 TWh in 2020-2021 happened at the same time as Bitcoin reached its all-time high of $69,000.
JPMorgan Says SEC Will Face Lawsuits if Bitcoin ETFs are Rejected
Reading Time: < 1 minuteAccording to experts at JPMorgan, the US Securities and Exchange Commission (SEC) could potentially face multiple lawsuits if it rejects applications for spot exchange-traded funds based on the first cryptocurrency.
Mexican Billionaire: BTC is a Reliable Hedge Against Inflation
Reading Time: < 1 minuteAccording to a recent interview with Bitcoin Magazine, Mexican billionaire Ricardo Salinas Pliego, founder of the Grupo Salinas group of companies, discussed his views on BTC.
4,800 BTC from Closed Darknet Market Abraxas Enter into Motion
Reading Time: < 1 minuteIt was recently discovered that an unknown group of individuals has moved approximately 4,800 BTC, which is equivalent to around $144 million, from the darknet marketplace Abraxas.
Berkshire Vice President: Investing in Bitcoin is Pointless
Reading Time: < 1 minuteAs per Berkshire’s Vice President Charlie Munger, there is absolutely no reason to buy into the hype surrounding Bitcoin.
MicroStrategy’s Paper Profit on Bitcoin Surpasses $170M
Reading Time: < 1 minuteAs of October 23, as the price of Bitcoin surpassed $30,000, MicroStrategy, a software analytics provider, saw a positive return on their investment in digital gold.
Gary Gensler Refuses to Say When BTC ETFs Will Be Approved
Reading Time: < 1 minuteSecurities and Exchange Commission (SEC) Chairman Gary Gensler stated that the regulatory agency will not rush in approving applications for Bitcoin ETFs.
El Salvador Says BTC Has Contributed to Country’s Recovery
Reading Time: < 1 minuteAccording to El Salvador’s Vice President Felix Ulloa, the country’s decision to adopt the first cryptocurrency as legal tender in 2021 was crucial for its recovery from the crisis.
Sazmining Unveils Green Bitcoin Farm in Paraguay
Reading Time: < 1 minuteAmerican mining company Sazmining has set up a Bitcoin mining facility in Paraguay that is solely powered by renewable energy.
BlackRock CEO: Investors Are Increasingly Interested in Bitcoin
Reading Time: < 1 minuteFink reiterated that there is a significant demand for BTC among investors.
Bitcoin Could Fall to $17,000: Opinion
Reading Time: < 1 minuteAccording to DataDash CEO Nicholas Merten, Bitcoin could experience a sharp decline if the US economy enters a recession.
Bitcoin’s Market Share is Near a 2-year High
Reading Time: < 1 minuteAccording to TradingView data, the dominance index of BTC has reached 51.1%, a level approaching that of April 2021.
Charles Munger: Most Cryptos Will Collapse
Reading Time: < 1 minuteBerkshire Hathaway’s Vice President, Charles Munger, has recently joined a long list of elderly billionaires criticizing Bitcoin.
50% of Bitcoins Have Not Moved for More than 5 Years
Reading Time: < 1 minuteAccording to Glassnode, approximately 10.4 million Bitcoins have remained stagnant for over five years.
ETH and BTC Will Grow Following ETF Launch: Report
Reading Time: < 1 minuteResearch by K33 and Kaiko analysts have revealed that the Ethereum to Bitcoin ratio has reached new annual lows.
Ordinals Creator Introduces Alternative to BRC-20 Standard
Reading Time: < 1 minuteThe creator of Ordinals has stated that a new standard for fungible Runes tokens would not result in as much unwanted clutter on the Bitcoin network as BRC-20 did.
Coinbase’s BTC Holdings Amount to Almost $1M
Reading Time: < 1 minuteCoinbase is reported to hold approximately 5% of the current Bitcoin market supply.
Tim Draper Creates Accelerator to Support Crypto Startups
Reading Time: < 1 minuteTim Draper, a well-known investor and billionaire, has recently introduced Draper Goren Blockchain (DGB), a “venture studio” focused on driving innovation in the realm of decentralized finance through early-stage funding for crypto projects.
Bloomberg Strategist: Bitcoin Will Fall to $25K
Reading Time: < 1 minuteAccording to Bloomberg Intelligence strategist Mike McGlone, Bitcoin’s value may continue to face downward pressure until the end of 2023.
Bitcoin Could Reduce Methane Emissions by 8%: Report
Reading Time: < 1 minuteBitcoin has the potential to contribute to the global energy transition and decrease the emission of harmful pollutants.
Robert Kiyosaki Calls Investors to Buy BTC and Precious Metals
Reading Time: < 1 minuteAccording to financial expert Robert Kiyosaki, the safest assets during times of global economic uncertainty are Bitcoin, gold, and silver.
TikTok Scammers Use Elon Musk’s Image to Steal BTC
Reading Time: < 1 minuteA new round of fraudulent cryptocurrency distribution allegedly on behalf of Elon Musk is targeting TikTok users.
JPMorgan: The Cost of Mining 1 BTC is $18K
Reading Time: < 1 minuteJPMorgan experts have revised estimates regarding the cost of mining 1 BTC; previously estimated at $21,000, they have lowered it to $18,000.
Arthur Hayes Believes Fed is Creating Conditions for Bitcoin to Rise
Reading Time: < 1 minuteArthur Hayes, the former head of BitMEX, has stated his belief that Bitcoin will gain strength due to the capital reallocation out of the US dollar.
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