Tag Archives: Bitcoin News

Seattle crypto startup Coinme has garnered more than $5 million in funding through a new round led by Pantera Capital, a bitcoin investment firm. The company’s co-chief investment officer Joey Krug is now set to join the startup’s board of directors.Coinme Is Growing Like Never BeforeIn total, Coinme managed to get its fingers on an additional $5.5 million, which it says it will use to increase its cryptocurrency ATM and kiosk network across the United States. The company has been on fire...

Bitcoin is about to enter new “halving” territory in the coming days, and many analysts are unsure of what to make of the event considering the COVID-19 pandemic continues to rage on.The Halving Could Be Hit By COVID ConditionsAt first glance, it doesn’t look like a health scare of this magnitude would affect a single asset so heavily, but clearly bitcoin has been hit hard over the last three months. The currency was initially trading for well over $10,000 in mid-February. From there, it fell...

Bitcoin mining company Riot Blockchain has announced the purchase of more than 1,000 additional mining machines in the face of bitcoin’s latest halving event, set to occur on Tuesday of next week.Riot Blockchain Is Boosting Its EffortsThe company put out a statement explaining that it has bought 1,040 next-generating Bitmain S19 (95 TH) Antminers. Overall, the company spent just shy of $2 million on the machines. The company says it will use these machines to up the ante on its mining...

Following the brief jump bitcoin made into $10,000 territory during yesterday’s early morning hours, the entire crypto market swelled like enthusiasts wouldn’t believe, with the overall market cap surging by more than $13 billion in a single day.Bitcoin Is Jumping Towards Much Greener TerritoryThe price was first noticed on exchanges in Singapore and other parts of Asia. Over the next few hours, digital trading platforms in New York, for example, would list bitcoin at about $9,890, and the...

Bitcoin is currently trading in the $9,900 range, though it did hit $10,000 briefly during yesterday’s early morning hours, suggesting that for a brief period, the world’s number one cryptocurrency by market cap managed to regain all its losses of the past three months.Bitcoin Is On the Verge of Striking It BigBitcoin has been on a serious roller coaster ride since late February. At that time, the currency was trading for well above $10K, though by the time early March rolled in, the asset...

A teenager in New York is being sued for more than $70 million in a federal court due to his alleged role as the potential ringleader of a cryptocurrency fraud scheme that may have stolen millions in crypto funds from investors around the country. The teen’s name is Ellis Pinsky, and the plaintiff is none other than Michael Terpin, who crypto enthusiasts should all know by now.Terpin Is At It AgainTerpin has been heavily involved in a potential SIM-swapping case since 2018 that saw him lose...

Bitcoin is doing extremely well at press time, but many analysts are warning traders not to get too comfy just yet.We Need to Keep an Eye On BitcoinAs we all know perfectly well by now, bitcoin has proven to be one of the world’s most volatile assets. It can spike to unprecedented levels just as quickly and easily as it can drop. We’re witnessing this behavior all over again as of late. The currency – after falling into the high $3,000 range just under two months ago – is now trading at...

Bitcoin has been on a serious roll this month. It just struck the $9,000 mark for the third time over the past few weeks, and it’s now trading beyond $9,500.Bitcoin is the Finance World’s Head HonchoAccording to a new report, bitcoin has outperformed most other assets, including gold and stocks. This is extra special news considering gold is often considered a “safe haven” asset. In times of economic strife, gold is known to remain as it is when it comes to price, and should it ever fall,...

The upcoming bitcoin halving is like a New Year’s Eve celebration for most crypto enthusiasts… Literally.The Bitcoin Halving Is a Big EventApparently, there will be a countdown that starts on May 11 – the day before the event is set to occur – and then things end just after midnight, as by then, the halving will have taken place and block rewards will have been reduced from the present 12.5 BTC to 6.25.Whether people engaged in the countdown wear party hats and drink champagne is up for...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 876. Heute sprechen wir über folgende Themen: Chinas Staats Blockchain – Gläserne Menschen in intelligenten Städten, Elon Musk und Joe Rogan & UFC-Fans bekommen eigenen Fan-Token.  [embedded content] 1.) Gläserne Menschen in intelligenten Städtenhttps://www.btc-echo.de/glaeserne-menschen-in-intelligenten-staedten/ 2.) Elon Musk and Joe Rogan Discuss Problems With Traditional...