Bitcoin (BTC)

« Les cypherpunks sont des individus qui prônent l’utilisation proactive de la cryptographie dans le but d’assurer la confidentialité et la liberté des individus sur Internet, et qui sont à l’origine d’outils essentiels comme PGP, WikiLeaks, ou encore Bitcoin. Leur mouvement, créé aux États-Unis en 1992, a connu son âge d’or au cours des années 90 dans le contexte de l’émergence du web et du partage...

Just as Bitcoin began to show some bullish potential for a possible trend reversal, the price got rejected from the significant resistance level of $20K. BTC is in a crucial zone, as the price action in the next few days could determine the short-term to the mid-term trend. Technical Analysis By: Edris The Daily Chart The bitcoin price recently rebounded from the $18K support level and broke above the significant bearish trendline that started forming when BTC touched the...

Grayscale – the world’s largest cryptocurrency asset manager – has announced a new investment product providing exposure to Bitcoin mining hardware. The fund will raise money for buying Bitcoin ASIC machines, which will be operated by Foundry Digital to mine and sell Bitcoin on behalf of investors.  Grayscale’s Strategic Mining Play According to Grayscale’s website, Grayscale Digital Infrastructure Opportunities LLC (GDIO) is aimed at creating an income stream that...

Bitcoin – despite its present price dilemma – has done quite well for itself. As a currency that’s only 13 years of age, the asset has moved along at a steady pace and has ultimately paved the way for all kinds of new and innovative financial structures and ideals such as digital payments and speculative investing. However, not everyone is a fan, and Nassim Taleb – the author of the acclaimed book “Black Swan,” has always had nasty things to say about the world’s number...

Bitcoin has gotten quite a few shakeups in the previous weeks largely due to activity from both Ethereum – the second largest digital currency by market cap and its number one competitor – after the Merge, and the Federal Reserve, which held another meeting about a week after it took place. Has Ethereum Weakened Bitcoin? It appears bitcoin can’t seem to receive a stable rest over the past several months. The currency has undergone some of its most bearish conditions, and...

« Malgré les fortes fluctuations récentes, les cryptomonnaies constituent une véritable révolution. En supprimant les intermédiaires, elles facilitent grandement les paiements et ouvrent de nombreuses perspectives économiques […]. En parallèle, les institutions et les entreprises bancaires et financières poussent pour encadrer ces actifs. Comment résoudre la forte tension entre la protection des...

Mt. Gox creditors could be one step closer to reclaiming their funds after nearly a decade of waiting. This is as the Rehabilitation Trustee has released a deadline for them to select their preferred repayment method. Nobuaki Kobayashi, the man in charge of the Mt. Gox rehabilitation process, published a new update for creditors on Thursday (October 6, 2022). In it, creditors were told that they had until January 10, 2023, to choose a payment option and register payee...

Bitcoin’s price went through a somewhat surprising dip yesterday when the US announced the September job reports, which were better than expected. Most altcoins are also in the red now, with the obvious exception of Ripple. XRP has stolen the show once again, surging by almost 7%. Bitcoin Lost the $20K Mark Ever since the October 3 crash to below $19,000, the landscape around the primary cryptocurrency was quite positive. The asset had bounced off that level and even jumped...

Trygve Slagsvold Vedum – the Finance Minister of Norway – urged the government to scrap its crypto program that allows domestic bitcoin miners to pay a reduced rate on electricity. In his view, the current market conditions and the ongoing energy crisis in Europe are key reasons for this amendment. BTC Miners Should not Be Treated Differently In 2016, the Norwegian government introduced certain energy benefits for data centers, including cryptocurrency miners, by enabling...

The US-based bitcoin miner – Marathon Digital Holdings Inc. – reportedly has exposure of more than $80 million in one of its hosting providers – Compute North. Two weeks ago, the latter joined the list of troubled entities affected by the ongoing crypto winter, filing for a Chapter 11 bankruptcy. Multi-Million Exposure According to a coverage by Bloomberg, the cryptocurrency miner had invested $10 million in convertible preferred stock of Compute North. It had allocated an...