Bitcoin

Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike higher. All eyes on CPI Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it briefly passed the $17,000 mark the day prior. The pair had seen flash volatility on the back of fresh

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans

Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move for Bitcoin adoption since the Apple Pay digital wallet accounts for more than 507 million mobile wallet downloads and a dominating market share of 43.5% in the United States mobile payments market.  This

According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam

As Bitcoin (BTC) has its 14th birthday, Bitcoiners from around the world are celebrating in various ways, with some opting to send BTC to the address containing the rewards for mining its genesis block. On Jan. 3, 2009, pseudonymous Bitcoin creator Satoshi Nakamoto mined the genesis block, which led to the minting of the first

In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from 2010 were spent. Alongside this, on March 10, 2022, an

El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvador’s drive to establish Bitcoin as a legal tender, President Nayib Bukele had decided to install over 200 crypto ATMs

According to Mark Moss, the CEO of Market Disruptor, significant regulation is coming to the cryptocurrency industry following the aftermath of FTX’s collapse. He believes that future cryptocurrency bull runs probably won’t happen. However, Moss says that bitcoin will continue to see demand as it is “solving a problem that has plagued humanity from Day

December will likely be remembered by Bitcoin’s (BTC) fake breakout above $18,000, but apart from that brief overshoot, its trajectory was entirely bearish. In fact, the downward trend that currently offers an $18,850 resistance could bring the BTC price below $16,000 by mid-January. A handful of reasons can explain the negative movement, including the reported

The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U.S. dollar reached a value of 356 pesos on December 28, losing almost 10% during just one week, and threatening to spur a more significant inflationary

Gold and stocks have underperformed in 2022, but the year has been difficult for Bitcoin (BTC) investors, in particular. Worst year for Bitcoin since 2018 Bitcoin’s price looks prepared to close 2022 down nearly 70% — its worst year since the crypto crash of 2018. BTC’s depressive performance can be explained by factors such as

For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356,848 bitcoin and 4.48 million ether were withdrawn from a myriad of crypto trading platforms worldwide. $6 Billion in Bitcoin, Over $5 Billion

Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of company and customer funds. The attack occurred on Dec. 3, with attackers stealing around $700,000 in client assets and $2.3 million in the company’s assets. The mining pool’s parent firm, BIT Mining Limited, made the official announcement on Dec. 26. BIT Mining

Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping down. In other news from

After a lackluster rise of crypto in 2021, which saw many new crypto millionaires and several crypto startups attain unicorn status, came the dramatic fall in 2022. The industry was plagued by macroeconomic pressures, scandals and meltdowns that wiped out fortunes virtually overnight.  As 2022 comes to a close, many crypto proponents are perplexed about

On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission (SEC), FTX’s exchange token FTT is considered

Twitter is now providing price charts with search results for major cryptocurrencies, such as bitcoin and ether. This new feature is “one of many product improvements coming to financial Twitter,” said Elon Musk, owner of the social media platform. Twitter Launches Price Chart Feature Twitter announced in a series of tweets Wednesday that it is

A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position to stop this activity.” Stablecoin TRUST Act of 2022 U.S. Senator Pat Toomey (R-PA), ranking

After close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports, Keene resident and libertarian activist, Ian Freeman, the last member of the Crypto Six case to be tried, was found guilty on all counts which

The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, in 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via these operations. However, it is still unclear if staking will be taxed. Buenos Aires

The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic and financial stability. Indian Central Bank Warns About Crypto Causing the Next Financial Crisis