Tag Archives: Bitcoin News

Bitcoin appears to have endured a solid year thus far. In February, for example, the world’s number one digital currency by market cap hit a six-month high of about $25,000, thus having expanded its price by roughly 50 percent since the end of 2022. For the most part, everything appears to be looking up for BTC, but there are still some detractors that believe the currency is trapped in a bearish pattern. Bitcoin May Not Be In Holly-Jolly Land Yet One such detractor is...

New York Attorney General Leticia James is suing another digital currency company. This time, the alleged “victim” of James’ attacks is Coin Ex, a crypto exchange that is reported to have conducted illegal business within the state. Leticia James and Coin Ex Will Duke It Out in Court It’s believed Coin Ex failed to engage in proper New York registration protocols. Court documents suggest the company persistently engaged in repeated “fraudulent practices” and that it...

It appears many of the world’s bitcoin units have “gone to sleep” over the past six months. A statement like this is not meant to be taken literally, but it appears there are several units of the world’s number one digital currency that have gone “dormant” in the last half year. $370 Billion in Bitcoin Has Been Dormant What this means is that a good portion of the bitcoin supply hasn’t moved. It hasn’t taken part in transactions, it hasn’t changed wallets, nothing has...

Bitcoin has been having a very good year in 2023. The currency is up 50 percent since the end of 2022, and it looks like it’s going to be enjoying at least another few solid months in the coming future thanks to leniency from China. China Is Stepping Back Into the Crypto Picture For the most part, China has always been a big player in the bitcoin and crypto communities. The country once accounted for close to three quarters of the world’s bitcoin and crypto mining...

Bitcoin, Ethereum, and many other leading digital currencies are coming to form after the horrors of 2022. They are experiencing solid bull runs, and Cameron Winklevoss – one half of the Winklevoss Twins – is claiming that a big bull run is heading our way, and that the U.S. needs to begin embracing crypto as a whole or risk being left behind forever. Cameron Winklevoss Thinks Big Things Will Happen for Crypto 2022 was easily the worst year on record for bitcoin and its...

Bitcoin has had a great year thus far, but there are some that say with the economy getting stronger, the present rally it’s enjoying won’t last. Bitcoin May Not See Its Present Rally Last Among the analysts who feel positive towards bitcoin is OANDA’s Craig Erlam, who stated: It has been a phenomenal start to 2023 for bitcoin. 2022 was easily the worst year on record for the world’s number one digital currency by market cap. After reaching a new all-time high of about...

No matter how well bitcoin seems to do, the fact remains that it’s never going to please everyone, and occasionally, some new celebrity comes out to bash the world’s number one digital currency by market cap and act like it’s useless or worthless. Recently, the latest celeb to pop out and criticize bitcoin was Sir Tim Berners-Lee, the inventor of the World Wide Web. Tim Berners-Lee Isn’t a Bitcoin Fan It’s interesting that of all people, Berners-Lee has issues with...

Amid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past. Crypto exchanges have been outlawed in mainland China since 2017, while digital assets like Bitcoin were banned in 2021. However, mainland China residents are eager to participate in the global financial revolution by all means. According to a report by media outlet CNBC, some Binance employees have been showing mainland China...

The Bank of Zambia has announced it’s considering adopting digital currency legislation so that it can test the technology behind crypto to see about its viability as a payment method. Zambia Sees Crypto in a Whole New Light Felix Mutati – the technology and science minister in Zambia – stated in a recent interview: The testing of the technology on regulating cryptocurrency will be upscaled in due course as part of deliberate measures to achieve an inclusive digital...

Bitcoin – the world’s number one cryptocurrency by market cap – has had a couple of solid months. So solid, in fact, that it looks like many people are once again viewing the digital currency as a “safe haven,” something that clearly wasn’t occurring in 2022. Bitcoin Is a “Safe Haven” Once Again Last year was arguably the worst period on record for bitcoin and crypto. The digital asset wound up losing more than 70 percent of its overall value after hitting a new all-time...