Tag Archives: Bitcoin News

Democratic presidential hopeful Robert Kennedy Jr. has serious issues with the idea that bitcoin is causing harm to the world’s oceans and environment. Robert Kennedy Dismisses Environmental Concerns Regarding BTC Bitcoin – especially bitcoin mining – has been the subject of several environmentalists’ wrath over the past few years. There have been many reports claiming that crypto mining is doing irreparable harm to the planet and the process uses more energy than...

If not for anything else, the latest report about clean energy usage could mean a greater move toward the adoption of BTC. A Bloomberg analyst has just reported on the present situation with Bitcoin (BTC) miners as it concerns clean energy usage. In a recent thread on X (formerly Twitter), the analyst, Jamie Coutts said that the percentage of clean energy used for Bitcoin mining has gone past 50%. That is more than 50% of Bitcoin mining now comes from renewable sources. According to...

The team behind Bitcoin Ordinals (a new string of non-fungible tokens or NFTs) said in a recent interview they have created a new non-profit organization designed to support further inscriptions and NFT developments on the bitcoin blockchain. Thus far, the team has created roughly 21 million inscriptions. Bitcoin Ordinals Non-Profit Group is Coming While NFTs may not be anything new at this stage, the idea of NFTs being on the bitcoin blockchain is. Up to this...

The digital currency arena gave traders a bit of a scare in early August this year when for the first time in several weeks, the prices of many major assets – bitcoin among them – fell to new lows. BTC, for example, dropped below $29,000 for the first time in a while, sending all investors into a whirlwind of fear and concern. Bitcoin Fell for the First Time in Weeks Ethereum was the other major digital currency to dip alongside bitcoin. The second largest crypto...

Cathie Wood – a major bitcoin fan and the woman behind ARK Invest – recently discussed her past and what it was (and who it was) that taught her the most about investing. Where Does Cathie Wood Get Her Inspiration From? In the interview, she said her mother was a big influence on her, and that she got a lot of ideas and words of advice from her. Wood commented: This is the first time I’ll be able to say my mother. My father prided himself that she never had to...

Mike Novogratz – the man behind the Galaxy Digital hedge fund and one of the biggest bitcoin fans you’ll ever find – says the most important crypto event this year has come in the form of Larry Fink and his company’s (BlackRock) bitcoin-based exchange-traded fund (ETF) application. BlackRock and Its Sudden Crypto Agenda In a recent interview, Novogratz commented that the application has the potential to push bitcoin to a new high and make it larger than it’s ever...

While Bitcoin maintains its stability amid inflationary concerns and economic data releases, other cryptocurrencies face a different fate. In recent months, the world has witnessed a significant degree of financial turbulence as it relates to dwindling crypto prices and concerning Consumer Price Index (CPI) data. One key aspect of this turbulence has been the seesawing prices of cryptocurrencies, a phenomenon that has left many investors and analysts speculating about the future of digital...

Bitcoin price started a recovery wave above the $25,400 resistance against the US Dollar. The price is now trading above $25,850 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $26,450 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $26,450 resistance zone. Bitcoin price is recovering above $25,500 against the US Dollar. BTC might extend its...

Financial giant Franklin Templeton has applied to the SEC for approval to launch a Bitcoin exchange-traded fund (ETF) named the Franklin Bitcoin ETF, with Coinbase as the custodian and trading on the Cboe BZX Exchange. Asset manager Franklin Templeton, a financial giant managing over $1.4 trillion on behalf of its clients, has submitted an application to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF). According to the filed application, the...

Satoshi Nakamoto is the pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Everyone in the crypto community has admiration for this man (or woman). They see him (or her) as the revolutionary creator of an asset that could change the way the world does finance, but according to Brad Sherman – a congressional democrat from California – Nakamoto is a fraud and not very innovative. Brad Sherman Isn’t a Crypto Fan In a recent...