In this section you will find all news, analysis and forecasts related to bitcoin.
It seems that miners of the pioneer cryptocurrency are feeling the heat and this is putting a pressure on prices. The massive Bitcoin rally in 2021 drove thousands of people into the mining sector. Therefore, the hashrate, which refers to the combined…
Bithumb – an exchange based in South Korea – will prohibit the consumers thereof from withdrawing their crypto holdings to the private wallets that are unverified. A similar policy has been implemented by Coinone as well as the other well-known exchanges like…
Bitcoin network’s processing power has continued its upward trend and on February 15th, 2022, it recorded a new all-time high of 249 exahashper second (EH/s). This latest ATH increased the mining difficulty of the network. On Thursday morning, the difficulty had increased…
The cryptocurrency marketplace saw considerable declines over the past day. The positive price reactions came as the impending war between Ukraine and Russia intensified. Cryptocurrency traders turn defensive following decent upswings within the last few days. The tension between Ukraine and Russia…
The prominent monetary regulator of the United Kingdom called FCA (Financial Conduct Authority) recommended implementing more strict rules over the advertisement of high-risk investments like digital assets. The regulator was of the view that no permission should be granted to these companies…
From now on word, crypto ATMs will not be pro-active across Singapore at a time when some drastic moves are being taken by the city-state to restrain the digital assets’ customer marketing. After a request made on the behalf of Singapore’s monetary…
Bitcoin started new upward movements after securing the support of around $41.6K. The currency hovers above $43K and 100hr Simple Moving Average. The 1-hr chart shows a break past a vital bearish trend-line with a resistance of $42,250. Bitcoin needs a clear…
Bitcoin has collapsed to $42,000 as tension rise among Russia and Ukraine. This happened a week after, BTC’s first time crossed $ 45,000 in weeks. It looks like the virtual is affected by the prevailing situation on the border of Russia and…
Bitcoin had addressed with more than 1,000 BTC rising over the recent weeks. Bitcoin addresses with over 1,000 BTCs began accumulating more coins amid market recovery. Total supply in these wallets rose to 8.096 million tokens as of 10 February, higher than…
US consumer price surged 7.5% year-on-year in January, pressuring Fed Reserve to stiffen policy. Historically, BTC has seen extended upswings amid rising inflation. As inflation spikes, experts expect US Fed to increase interest rates hostilely. Analysts believe Bitcoin will climb to $48,000…
The figures of LocalBitcoin and Paxful tell that the P2P trading of bitcoin in Nigeria has expanded by more than 15% year on year since the central bank of the country imposed a ban on cryptocurrency. There is a slight decrease in…
Following the freeze of the GoFundMe fundraiser, a group of Canadians has started raising funds with Bitcoin (BTC) after raising donations for Canadian trucks protesting the COVID-19 ban. Prior to the freeze, a total of over $9 million was donated to the…
The third-richest person in Mexico, Ricardo Salinas Pliego, sent a message of a two-minute video on his official Twitter account to the enthusiasts of BTC (Bitcoin) on this Christman eve recommending that they should not be jealous of the primary crypto and…
Ray Dalio, the Associates’ head at Bridgewater, appeared on a podcast of Lex Fridman. The respective interview, which comprised of an hour, took account of several subjects spanning from the Empires’ collapse to NFTs, Bitcoin, as well as the relationship between Musk…
It has been a long time since the market of cryptocurrency has started. In November, the cumulative market capitalization of cryptocurrency surpassed $3T as it recorded remarkable profits during the earlier days of 2021. However, then occurred the correction thereof. At present…
Eric Adams, who is the new Mayor of New York City has been facing criticism as he opted for converting his first paycheck into Bitcoin. But mostly the criticism was not about his demanding payment into Bitcoin but because the value of…
During the uncertainly prevailed around the potential future of crypto in Russia, one of the executives from the native industry has revealed a likely procedure to be followed by the Russian Central Bank to put a prohibition over the transactions of cryptocurrencies….
Recently, the market witnessed downturns, and for this reason, many firms are hesitant to purchase bitcoin. These firms don’t want to take the risk. Phong Li, chief financial officer at MicroStrategy, said the company would continue to buy bitcoin in spite of…
When China made its departure from the Bitcoin mining industry, it was the US that overtook the burden created by China. Since June-July, 2021, the US has been dominating and leading the industry which involves the minting of the world’s most expensive…
With the dawn of decentralization and the incorporation of cryptocurrencies into the financial sector, it has become easier than ever to be able to invest in cryptocurrencies and buy tokens from all over the globe. The crypto market is an extremely volatile…
