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Bitcoin (BTC)

Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue

Block (formerly known as Square) – an American multinational technology conglomerate founded by Jack Dorsey – disclosed $1.83 billion of bitcoin revenue generated from its Cash App payment service in Q4, 2022.  The figure was nearly $2 billion in the fourth quarter of 2021, and the company blamed the decline of the crypto market for the downturn. However, Block’s shares climbed nearly 7% after reporting positive overall financial results. BTC Revenue Drops 7% YoY Block’s...

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DZ Bank proposera une solution de conservation d’actifs numériques pour ses clients institutionnels

Metaco, société suisse spécialisée dans la sécurisation d’actifs numériques, a annoncé mercredi une collaboration avec le groupe bancaire allemand DZ Bank [1]. Ce partenariat permettra aux clients institutionnels du groupe de bénéficier d’un service de garde de cryptomonnaies. « L’infrastructure de gestion des actifs numériques de Metaco est conçue pour aider les institutions financières à...

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Bitcoin Falls 3% As PCE Rises 0.6% in January

Bitcoin (BTC) sank back to $23,000 on Friday shortly after the Personal Consumption Expenditure (PCE) price index registered a 5.4% annual increase, and a 0.6% monthly increase, in January. The higher-than-expected figure means the Federal Reserve’s war against rising inflation will likely continue.  Bitcoin started at roughly $24,000 on Friday, staying above $23,800 until about 13:30 UST – when January’s PCE figure was released.  The asset tumbled after that, falling as low...

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Elon Musk Is Considering Dogecoin as a Payment Method for Twitter

Dogecoin has jumped by more than eight percent in recent weeks after it was announced that new Twitter CEO Elon Musk was considering the altcoin as a potential payment tool for users of the social media platform. Elon Musk Is Still Appreciative of Dogecoin To say that Elon Musk is a fan of Dogecoin would be an understatement. He has often been very kind to it, often calling it the “people’s crypto” and designating it as a method of payment for his many other companies,...

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Bitcoin Dips Following New Federal Reserve Fears

Bitcoin incurred a bit of a fall at the end of January after it was revealed that the Federal Reserve was going to potentially enforce another small rate hike. Everyone was on edge after the ongoing debacle that was 2022, and it was believed that the digital currency arena was going to be hit hard by the Fed’s actions, thus causing more turmoil. The Federal Reserve May Hike Rates Again At the time, bitcoin fell from about $23,000 – which it had struck just weeks before –...

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BTC Lightning-Enabled Wallet BlueWallet to Shutdown Bitcoin Node Lndhub.io

Bitcoin wallet service provider BlueWallet has decided to shut down Lndhub.io, a Lightning Network node on the Bitcoin Network used to store and trade satoshis (sats) – the smallest denomination of the primary cryptocurrency. The Lightning Network is a layer-2 protocol layered on the Bitcoin protocol, used to process micropayments among participating nodes to facilitate faster transactions. BlueWallet is one of the most popular Bitcoin Lightning-enabled wallets on the...

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Fans Can Now Buy London Lions Tickets with Digital Currency

European basketball team the London Lions has aligned itself with Bit Pay and formed a joint partnership with the crypto platform. The purpose? To allow fans to purchase both tickets and merchandise surrounding the team with crypto assets. The London Lions Have Jumped Into Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...

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