Tag Archives: Bitcoin News

Bitcoin is still the world’s biggest crypto network. However, according to James O’Beirne – one of the asset’s top developers – the blockchain behind BTC could wind up faltering in the coming weeks unless people decide to step up and donate enough money that the remaining developers can get paid for what they do. Bitcoin Developers Need More Funds to Stay Afloat Who would have known that all the developers and other individuals working hard to bring bitcoin to fruition...

Each of four Warhol’s prints will be accessible as shares in the form of security tokens. Tokenized versions of some of the artworks of Andy Warhol are set to launch on a new fine platform known as Freeport. This follows after the blockchain-based art-focused platform recently bagged approval from the US Securities and Exchange Commission (SEC).  Freeport was recently looking to complete its Reg A review and its efforts finally paid off on Wednesday. This simply implies that Freeport is...

Residents of the island of Jersey off the coast of the United Kingdom have fallen victim to several crypto fraud schemes as of late. Thus far, more than 600,000 pounds have been lost to these scams over the past three months. People in Jersey Are Falling Victim to Crypto Scams Law enforcement agents in Jersey say the scammers are using phony social media accounts and advertisements to play up the crypto space to people on the island. They also use what they’re calling...

BTC dominance has been on a steady climb in the last few weeks. Bitcoin (BTC) price has surpassed the $28,000 level, marking an increase of 5.70% over the past 24 hours. Interestingly,  this comes as most other altcoins appear to be trading flat in the same period. For what it’s worth, the surge in price may be directly linked to new reports that Silicon Valley Bank (SVB) will resume operations today. That is after news that the recently-troubled bank has been acquired by North...

The price of bitcoin has experienced a few bumps since the beginning of the year, but it’s still up 40 percent since 2023 first began. At the time of writing, the asset is above $23,000. While this isn’t quite the $25K it hit a few weeks ago, the currency is still maintaining a price in the $20K range. Bitcoin Is Maintaining Its Strength Mike McGlone – a senior macro strategist at Bloomberg Intelligence – wrote the following on social media: Headwinds remain strong....

Bitcoin price started a fresh increase above the $26,000 zone against the US Dollar. The price is now trading below $28,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $27,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $28,000 level. Bitcoin price is showing positive signs above $27,000 against the US Dollar. BTC might...

Bitcoin and other forms of digital currency may have been hit hard pricewise over the last 13 months, but Block – the payment company formerly known as Square and started by ex-Twitter head Jack Dorsey – has posted strong growth revenue and profits for the fourth quarter of 2022 primarily thanks to its Cash App digital wallet protocol. Block and Bitcoin… A Perfect Match? Bitcoin suffered its worst year on record in 2022. The world’s number one digital currency by market...

Bitcoin may have taken a serious hit in the past year, but for the black community, the dream is still very much alive, and bitcoin presents just as much opportunity as ever. The Black Community Still Believes in Crypto The idea is that many individuals in black America have not garnered the same chances as so many others. The narrative is that standard financial institutions often shut African Americans and other minorities out of the picture when it comes to offering...

Popular on the Ethereum blockchain, zk-proofs are also coming to the Bitcoin network. ZeroSync Association is bringing zk-proofs (Zero Knowledge) to Bitcoin (BTC) even as cryptographic techniques become popular on the Ethereum blockchain. Reports state that ZeroSync, a Swiss non-profit association, received sponsorship from crypto investment platforms Geometry Research and StarkWare Industries. The newly-formed association already has a working prototype, allowing users to validate the...

The crypto tax laws in the U.S. are exceedingly complicated. Nobody can deny this, and while there have been politicians and people in the past that have sought access to specific jobs in our government by saying they will make the laws easier to understand, it wasn’t enough to hit home with voters at the time or others tasked with making such decisions. The Crypto Tax Situation for 2022 Isn’t Pretty That being said, they’re likely feeling the heat right about now and...