Bitcoin (BTC)

PayPal recently shocked the world by announcing it would be creating its own stable currency atop the Ethereum network. As a result, several digital currencies are beginning to show signs of life, and price jumps have occurred for major assets over a 24-hour period. Also, crypto investor Charlie Shrem says that the news is going to help launch bitcoin into a new stratosphere and boost Ethereum’s timetable. Charlie Shrem is Proud of PayPal Shrem stated on social...

A dispute over Bitcoin investments took a tragic turn when a 35-year-old husband, Kritsada, shot his 31-year-old wife, Pitsamai, leading to a six-hour standoff with the police. The incident unfolded in the Uthai district of Ayutthaya province. Husband’s Bitcoin Loss Leads to Tragedy The incident began when Kritsada, agitated by a loss of 700,000 baht (around $19,500) in Bitcoin investments, confronted his wife, leading to a dispute. The tension escalated to a point where...

Though Bitcoin (BTC) continues to trade well below its 2021 November 2021 highs, Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications chief, remains steadfastly bullish on the asset. Speaking at the Messari Mainnet conference in New York, Scaramucci expressed confidence that the worst of the bear market is now behind us. Why Bitcoin Goes Up From Here: Scaramucci During a fireside chat titled “Why I’m still bullish,” Scaramucci encouraged...

The decentralized platform has made an immense surge in market capitalization. This is pivoted by the entrance of various projects that seem eye-catching to entrepreneurs. These projects have mining pools within their networks. For instance, Ethereum and Bitcoin, the world’s leading digital currencies, made an impact on the crypto ecosystem with the inauguration of mining systems. However, Ethereum switched to staking with a new consensus called proof-of-stake that could...

Bitcoin failed to reclaim the $27,000 level yesterday and has stalled at around $26,500 as of now. The altcoins are in no better shape, with minor losses coming from most larger-cap ones. Chainlink is the only one with a notable price increase. BTC Back at $26.5K Last week was expectedly less volatile, aside from a brief spike on Saturday that pushed bitcoin to a then-multi-day peak of $26,400. After failing to continue upwards, BTC retraced to $26,000 and spent the rest of...

In the following, we take a look at cryptocurrency mining and the strong competitive benefits that ASIC miners have to offer. Enhanced Efficiency, Enhanced Returns The primary driving factor behind the next-gen ASIC miners is their enhanced efficiency. As opposed to their predecessors, these miners consume significantly less power per hash, translating into reduced operational costs. In an industry where electricity expenses can devour a substantial chunk of revenue, this...

Crypto scams are more prevalent today than ever. Not long ago, two residents of Southborough were scammed out of more than $31,000 in bitcoin by individuals posing as federal authorities. Crypto Scams Keep Happening One individual lost $30,000 in crypto, while the other lost $1,800. Police lieutenant Sean McCarthy, who oversaw the investigation of the incidents, commented in a recent interview: We’re working with local and state authorities, as well as forensic...

Kaiko Research recently put out a new report suggesting the bitcoin halving set to occur in 2024 isn’t going to aid the world’s number one digital currency. Kaiko Research on the Upcoming BTC Halving There have been many BTC halving events over the years. 2016 and 2020 were big ones, and each time, without fail, they have helped bitcoin along its journey in reaching new price highs. During each of those years, bitcoin reached new price pinnacles that had investors...

Bitcoin’s price increased by a little less than 1% in the past seven days. The week was, overall, positive for the industry as the total market capitalization approaches the $1.1 trillion cap. The biggest news of the week is undoubtedly the US FOMC meeting that happened on Wednesday. According to the official announcement, the central bank took the decision to maintain the target range for the federal fund rate at 5-1/4 to 5/12 percent. The statement also noted that job gains...

Die Meldung macht auf vielen Blockchain-Blogs die Runde: eToro bekommt auf Zypern Bitcoin-Zulassung für die gesamte EU. Allerdings ist Vorsicht geboten, eToro ist keine echte Bitcoin-Börse. Vorsicht beim Handel auf Plattformen wie eToro Der Handel mit Finanzinstrumenten im Internet hat in den letzten Jahren erheblich an Beliebtheit gewonnen. Plattformen wie eToro bieten Nutzern den Zugang zu globalen Märkten und verschiedenen Anlageinstrumenten an, von Aktien bis hin zu Kryptowährungen. Doch...