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Bitcoin ASIC miners’ price hits lowest levels in years
Bitcoin ASIC miners’ prices have dropped by more than 80% since late 2021. While asset prices decline, the mining scene is flooded by rigs. Bitcoin ASIC mining rigs price The price of bitcoin ASIC mining rigs currently hovers at $15.71,… дальше »
2022-12-27 19:32
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Bitcoin (BTC) Has Never Done It Before – 4 Red Quarters
Bitcoin has never done this before in its history. There is a good chance that all quarterly candles in 2022 will be red. So far, only two years in BTC trading history have had 3 out of 4 bearish quarterly candles. дальше »
2022-12-28 18:56
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Bitcoin is edging closer to $17k as bullish sentiment grows stronger
The crypto market is trading in the green zone for the second-consecutive day this week. Bitcoin is closing in on the $17k resistance level and could cross it a few hours from now. The total crypto market cap is now close to $815 billion. дальше »
2022-12-27 11:29
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Bitcoin Back at Full Speed After Winter Storm Sparks Hashrate Chaos
Bitcoin hashrate recovered at full speed after a 35% drop, while the miners are in deep water with over $4 billion in liabilities. The post Bitcoin Back at Full Speed After Winter Storm Sparks Hashrate Chaos appeared first on BeInCrypto. дальше »
2022-12-27 23:30
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Bitcoin Hashrate Drops 35% as Texas Miners Power Off
Bitcoin hashrate fell by 35% in the last 24 hours as several miners in the US powered off their machines due to the harsh winter storms. The post Bitcoin Hashrate Drops 35% as Texas Miners Power Off appeared first on BeInCrypto. дальше »
2022-12-25 16:58
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Bitcoin Miners Have Liabilities of Over $4B, Core Scientific Owes Highest Debt
Available data shows that public Bitcoin miners collectively owe over $4 billion as the current bear market situation bites them hard. The post Bitcoin Miners Have Liabilities of Over $4B, Core Scientific Owes Highest Debt appeared first on BeInCrypto. дальше »
2022-12-25 14:24
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Why are Bitcoin miners struggling so much? Core Scientific file for bankruptcy
Key Takeaways Core Scientific was worth over $4 billion last summer, but is down 985 form all-time highs Rising electricity costs are hiking costs with falling Bitcoin prices hurting revenue With hash rate near all-time highs, the entire mining industry is struggling The crypto winter continues to take victims. дальше »
2022-12-21 15:58
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Bitcoin Will Hit $5,000 in 2023, Says Standard Chartered – But Is It Realistic?
A recent report says markets are underpricing a sharp drop in Bitcoin, but blockchain-based digital assets seem unlikely to disappear. The post Bitcoin Will Hit $5,000 in 2023, Says Standard Chartered – But Is It Realistic? appeared first on BeInCrypto. дальше »
2022-12-7 16:15
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Can Bitcoin Be a Weapon of War in the Ongoing Israeli-Palestinian Conflict?
Can Bitcoin become a weapon of war? First, Russia-Ukraine, and now, Palestinians in the blocked Gaza Strip are showing interest in Bitcoin and other cryptocurrencies. The post Can Bitcoin Be a Weapon of War in the Ongoing Israeli-Palestinian Conflict? appeared first on BeInCrypto. дальше »
2022-12-6 21:00
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Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy
Bitcoin mining giant Core Scientific in a filing with US Securities and Exchange Commission informed that they are halting all the debt payments. The post Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy appeared first on BeInCrypto. дальше »
2022-10-28 21:40
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Bitcoin’s Sustainable Energy Output Could Be In Decline, Says New Report
Bitcoin's proof-of-work system is secure, but its high energy usage continues to be the bane of the network. дальше »2022-9-28 13:37
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Bitcoin At $19k: To Buy or Not To Buy?
Bitcoin is currently priced at $19,313, with all the signs of an invigorated asset ready to smash through multiple resistance levels. September appears to be the month crypto investors show some tenderness to the top-tier cryptocurrency, which has suffered severe bearish hangovers since the start of 2022. дальше »
2022-9-8 17:59
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Bitcoin Mining Difficulty Nears All-Time High Despite Fall in Profitability
Bitcoin mining difficulty has jumped by 9.26% to 30.98 trillion, exceeding expectations, pushing the difficulty close to its all-time high. The post Bitcoin Mining Difficulty Nears All-Time High Despite Fall in Profitability appeared first on BeInCrypto. дальше »
2022-9-1 18:30
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Bitcoin Sits On Critical Support As Ethereum Tackles Sub $1,500 Bears
After shedding over 10% to tap $20,700 on Friday, Bitcoin traded sideways for most of Monday, tagging along with other crypto assets as investors took a back seat against macroeconomic uncertainties. дальше »
2022-8-30 20:38
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Crypto Mining Companies Sell off Coins and Gear to Recoup Losses
A series of impairment charges contributed to a $1 billion second quarter loss for the largest publicly-traded Bitcoin mining companies in the United States. The post Crypto Mining Companies Sell off Coins and Gear to Recoup Losses appeared first on BeInCrypto. дальше »
2022-8-17 19:30
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The debate on the impact of crypto mining on the environment takes center stage
The debate on the impact of crypto mining has been on for as long as cryptocurrencies came into existence. Bitcoin, the pioneer cryptocurrency, uses a proof-of-work consensus mechanism to validate its blockchain. дальше »
2022-7-21 00:10
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Europe’s Largest Crypto Miner Reveals Plans To Sell Coins Daily After Selling Well Above Current Levels In May and June
Northern Data, Europe’s largest crypto-miner, in a report on Thursday, reveals that it plans to sell all its mining rewards daily to focus on cash generation in the bear market. “Until further notice, we will also sell all mined coins on a day-to-day basis to focus on cash generation. дальше »
2022-7-17 23:07
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Iran Orders Shutdown Of Authorised Bitcoin Mining Centres
Key Takeaways Iran places a three-month ban on Bitcoin mining. The move will see up to 206 megawatts of electricity freed up to meet household energy needs. Bitcoin mining continues to face energy issues globally. дальше »
2022-1-6 00:38
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Ray Dalio says, Bitcoin Is An “Alternative Money” While NFTs An Investment; May Also Become A Type of Money
As for Elon Musk putting a literal Dogecoin (DOGE) on the moon, the Bridgewater Associates founder finds it “cute” and wants to know “what's next.” The post Ray Dalio says, Bitcoin Is An “Alternative Money” While NFTs An Investment; May Also Become A Type of Money first appeared on BitcoinExchangeGuide. дальше »
2021-12-27 16:36
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City of Jackson Takes First Step to Add Crypto to its Employees Payroll
A request for proposal (RFP) has been opened to allow third-party platforms to apply to be the city's crypto converter. The post City of Jackson Takes First Step to Add Crypto to its Employees Payroll first appeared on BitcoinExchangeGuide. дальше »
2021-12-24 18:25
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Credit Unions Seeking Approval to Hold Crypto Directly to Compete with Banks
Credit unions risk losing members to banks and seeing their industry “start to shrivel” if they can’t offer products that people want. The post Credit Unions Seeking Approval to Hold Crypto Directly to Compete with Banks first appeared on BitcoinExchangeGuide. дальше »
2021-12-22 20:07
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Trump Warns of A Crypto Explosion Bigger Than Big Tech While Appreciating Former First Lady’s NFT Plans
Former US President Donald Trump is now yet again warning about cryptocurrency, calling it “very dangerous. ” In an interview with Fox Business, which was published this week, Trump was asked about his views on crypto as Miami and New York are working on becoming a crypto hub and making it part of their financial systems. дальше »
2021-12-22 17:08
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Time Will Tell Whether Bitcoin Has The Store Of Value, says JPMorgan Wealth Management CEO
The executive said, “a lot” of JPMorgan clients see crypto as an asset class and want to invest in it. But it is blockchain that’s “very real” to the bank, which is developing a system for payments with Siemens. дальше »
2021-12-21 22:31
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MicroStrategy Is Considering Lending or Putting A Mortgage Against its Bitcoin Holdings
Business intelligence company MicroStrategy is now looking for ways to generate yields on its Bitcoin stash. On the company's investor day call with shareholders, CEO Michael Saylor said they could lend a portion of Bitcoin holdings to a “trustworthy counterparty. дальше »
2021-12-19 21:20
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Markets Wipe Out Gains While BoE Raises Rates, ECB Promises Generous Support, & BoJ Maintains its Ultra-loose Policy
Bitcoin, crypto, and the stock market have wiped out the gains made on Wednesday after the Federal Reserve announced that it is doubling the pace of its bond-buying tapering and projects three rate hikes in 2022, which has been in line with market expectations. дальше »
2021-12-17 16:23
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Bitcoin Company NYDIG Raises $1 Billion in Latest Funding Round at a Valuation of $7B
Bitcoin financial services company NYDIG announced this week that it had raised $1 billion in its latest funding round led by VC firm WestCap at a valuation of more than $7 billion. Existing investors Bessemer Venture Partners, Morgan Stanley, New York Life, Mass Mutual, FIS, Fiserv, and Affirm holdings also participated in the round. дальше »
2021-12-15 22:07
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Crypto Regulated As Assets Can “Create A Wave Of Global Companies” Built By A Younger Generation, Says Infosys Chairman
Cryptocurrency can bring more financial inclusion, as such worth considering, said Nandan Nilekani, chairman of software services exporter Infosys at the Reuters Next Conference. Nilekani, who co-founded Infosys in 1981, said “There is a role for crypto as assets but they obviously will have to follow all the laws and make sure that it doesn't […] The post Crypto Regulated As Assets Can “Create A Wave Of Global Companies” Built By A Younger Generation, Says Infosys Chairman first appeared on BitcoinExchangeGuide. дальше »
2021-12-2 19:36
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Bitcoin Addresses Holding at Least One Satoshi Swell Above the 40 Million Mark
There are signs that Bitcoin is experiencing more widespread adoption, as there are more than 40 million addresses that hold at least one satoshi. The post Bitcoin Addresses Holding at Least One Satoshi Swell Above the 40 Million Mark appeared first on BeInCrypto. дальше »
2021-11-29 09:34
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IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility
The IMF has released its concluding statement on El Salvador adopting Bitcoin as legal tender alongside the US dollar. In IMF’s discussion with El Salvador, they covered the regulation and supervision of Bitcoin services providers and e-wallet Chivo, but the latest plans to issue sovereign bonds and use the proceeds to buy Bitcoin and fund […] The post IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility first appeared on BitcoinExchangeGuide. дальше »
2021-11-23 18:13
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Non-Zero Bitcoin Addresses Nears 400 Million Milestone
The number of non-zero bitcoin addresses has just reached a new all-time high of roughly 390.4 million. This points towards a potential further bullish scenario for bitcoin in the near future. The post Non-Zero Bitcoin Addresses Nears 400 Million Milestone appeared first on BeInCrypto. дальше »
2021-11-23 12:24
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Jack Dorsey’s TBD Is Building A Bridge Between Fiat and Crypto with Decentralized Identifiers
The whitepaper of social media giant Twitter and payment processor Square CEO Jack Dorsey’s decentralized Bitcoin exchange has been published. Calling for an inclusive economy, the TBD team talked about the need to build on-ramps where everyone can access and participate in the economy. дальше »
2021-11-22 18:30
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El Salvador Announces Plan to Buy Half a Billion Worth of BTC to Fund the “Bitcoin City”
To make El Salvador the financial center of the world, President Nayib Bukele announced the tax-free city, which will be funded by $1 billion worth of Bitcoin-backed bonds. The post El Salvador Announces Plan to Buy Half a Billion Worth of BTC to Fund the “Bitcoin City” first appeared on BitcoinExchangeGuide. дальше »
2021-11-22 16:46
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Southeast Asia’s 2nd Largest Bank Doing “Serious” Work With Crypto to Address Customer Needs
Oversea-Chinese Banking CorpThe second-largest bank in Southeast Asia is considering setting up a crypto exchange in response to its customers’ needs. “We are looking at it, and seriously there are some work being done in the bank,” Chief Executive Officer Helen Wong told Bloomberg Television when asked if the bank is considering offering crypto services. дальше »
2021-11-22 18:37
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Crypto Has The Potential For Undermining the US Dollar And Destabilizing Nations, Says Hillary Clinton
Hillary Clinton says cryptocurrencies have the power to weaken fiat currencies and eventually entire countries. During a panel discussion at the Bloomberg New Economy Forum on Friday in Singapore, the former Democratic presidential candidate said the governments around the world are facing new challenges in terms of artificial intelligence, disinformation, and crypto. дальше »
2021-11-20 20:33
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Bitcoin’s Biggest Upgrade Since Segwit in 2017 Activated, Is Taproot Priced In?
On November 14, the long-anticipated Bitcoin upgrade, Taproot, finally activated at block 709,632. This upgrade, the most significant soft fork since Segwit in 2017, will improve privacy, scalability, and security on the leading network. дальше »
2021-11-15 16:13
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Miami to Send “Bitcoin Yield” Directly to its Residents’ Digital Wallet, says Mayor
The City of Miami is planning to soon be giving out Bitcoin wallets to its residents for their BTC yield from staking its cryptocurrency. “We’re going to be the first city in America to give a bitcoin yield as a dividend directly to its residents,” said Miami Mayor Francis Suarez in an interview this week. дальше »
2021-11-13 23:26
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El Salvador’s Bitcoin Adoption Doesn’t Pose any Material Financial or Market Risk to Banks: Fitch Ratings
The rating agency recommended that financial institutions follow additional regulatory guidelines and policies to put barriers to entry to participate in the crypto market. The post El Salvador’s Bitcoin Adoption Doesn’t Pose any Material Financial or Market Risk to Banks: Fitch Ratings first appeared on BitcoinExchangeGuide. дальше »
2021-11-12 16:56
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Twitter Launches Dedicated Crypto Division for “All Things Blockchain and Web3”
Social media giant Twitter is building a new dedicated division for cryptocurrencies called Twitter Crypto. This division is for “all things blockchain at Twitter” due to “massive and growing interest” among “decentralized apps to manage virtual goods and currencies. дальше »
2021-11-11 18:36
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Bitcoin Dominance Rate (BTCD) Breaks Out From Short-Term Downtrend
The Bitcoin Dominance Rate (BTCD) has been increasing over the past five days and is approaching a crucial resistance area, a breakout above which could determine the direction of the future trend. дальше »
2021-11-11 21:00
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Apple CEO says the Tech Giant Looking into Crypto, But Not Planning to Use its $200B Cash to Buy Bitcoin
Tim Cook personally, however, owns Bitcoin and Ether as “part of a diversified portfolio.” The post Apple CEO says the Tech Giant Looking into Crypto, But Not Planning to Use its 0B Cash to Buy Bitcoin first appeared on BitcoinExchangeGuide. дальше »
2021-11-11 19:56
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Microsoft’s Decentralized Identifier Network (ION) Goes Live on the Bitcoin Network
The new framework for authenticating online identities was launched on the Bitcoin mainnet on Monday. A layer 2 technology, DID is similar to Bitcoin’s scaling solution Lightning network with the exception that instead of payments, it uses the largest blockchain to create digital IDs. дальше »
2021-11-9 21:46
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Cryptocurrencies Are “Providing Another Means Of Payment,” for Criminals and Scammers: BoE Governor
Bank of England Governor Andrew Bailey again sounded his concerns on the rise of crypto assets aiding illegal activity. According to him, the rise of crypto is giving criminals and scammers “another means of payment. дальше »
2021-11-9 16:38
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A Competition Between NYC and Miami to Become the Cryptocurrency Capital of the US
After Miami Mayor Francis Suarez, the newly elected New York City Mayor Eric Adams would be taking his paycheck in Bitcoin as well. In a Tweet on Thursday, Adams said he would take his first three paychecks in the leading cryptocurrency, trading at $62,300, after taking over City Hall in January. дальше »
2021-11-6 19:15
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Bitcoin Supporters New York Mayor and Miami Mayor Win Election in Landslide Victories
While Francis Suarez wants his next paycheck to be “100% in Bitcoin,” Eric Adams is all set to compete with Miami and make New York City into a “center of Bitcoins.” The post Bitcoin Supporters New York Mayor and Miami Mayor Win Election in Landslide Victories first appeared on BitcoinExchangeGuide. дальше »
2021-11-3 18:02
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Patreon Is Exploring Crypto and NFTs to Empower its “Creators for Independence”
“I love the idea of shifting power away from institutions and toward individual creative people,” said CEO and co-founder Jack Conte. The post Patreon Is Exploring Crypto and NFTs to Empower its “Creators for Independence” first appeared on BitcoinExchangeGuide. дальше »
2021-10-31 19:34
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Bitcoin Tipping Makes It Easy To Transfer Value, Says Twitter CFO Who Sees Crypto As A Tool To “Facilitate Commerce”
Payments giant Visa, which also reported a record Q3 in payment volume of $2.8 trillion, said, “the boost we saw in Q3 was primarily from cryptocurrency purchases.” The post Bitcoin Tipping Makes It Easy To Transfer Value, Says Twitter CFO Who Sees Crypto As A Tool To “Facilitate Commerce” first appeared on BitcoinExchangeGuide. дальше »
2021-10-29 23:31
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Crypto Market Deleverages, El Salvador Buys 420 BTC on Latest Dip, & Fiat Currencies Waiting on Central Banks’ Direction
Since hitting a new all-time high at $67,000 last week, Bitcoin has been taking a breather. The leading cryptocurrency’s recent peak came as the first Bitcoin exchange-traded fund made its debut. дальше »
2021-10-28 15:13
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Top US Bank Regulator Coordinating with The Fed and OCC to Have Clear Policy to Hold Crypto on Balance Sheet
The Federal Deposit Insurance Corporation has its eyes set on cryptocurrencies. A team of U. S. bank regulators will be teaming with other agencies to coordinate policies for how and under what circumstances banks can engage in activities involving crypto. дальше »
2021-10-27 16:02
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4000 Users Signed Up to Bid for Germany’s Seized Bitcoin Auction
The Justice Ministry of Germany’s biggest state by population, North Rhine-Westphalia, is auctioning a stash of seized Bitcoin worth an “8-digit-number. ” These were seized in cybercrime cases, mostly from the Darknet. дальше »
2021-10-26 19:45
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Ray Dalio Chooses a Mix of Bitcoin and Gold for a Rainy Day While BlackRock CEO & Goldman Chair Prefer USD
Facebook’s whistleblower is also invested in crypto, while SkyBridge’s Anthony Scaramucci revealed that he currently has $1 billion in Bitcoin. The post Ray Dalio Chooses a Mix of Bitcoin and Gold for a Rainy Day While BlackRock CEO & Goldman Chair Prefer USD first appeared on BitcoinExchangeGuide. дальше »
2021-10-26 18:46
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