Bitcoin

Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

This New US Law Could Hugely Help Bitcoin

Bitcoin (BTC) miner companies listed on the US exchange are taking another hit after new legislation from the United States. Listed companies will soon have to share data about their energy consumption, and this is a sensitive point for bitcoin miners. The United States House of Representatives recently passed a new law on sustainability. If the Senate also agrees to this, listed companies will be...[Read More]

Bank of Russia must accept bitcoin (BTC) as a means of payment: Russian billionaire Oleg Deripaska

For example, the CEO of Sberbank and the CEO of VTB said they did not see any benefit in bitcoin as an investment. However, other voices are now also coming out from Russia.Bitcoin as a means of payment Russian oligarch, billionaire and industry mogul, Oleg Deripaska, lashed out at the Russian central bank in a Telegram message. In a not so distant past, Deripaska was the richest man in Russia. Hi...[Read More]

Bitcoin (BTC) price continues to fall despite this good news, dogecoin (DOGE) crashes hard into the guardrail

Bitcoin (BTC) has not started the week too well. The price continued its downward movement today after quite a bit of negative news came out today about China and its tough approach to the crypto sector. What happened on the market during the afternoon? You can read it in this update!Bitcoin (BTC) Price Down Another Step as MicroStrategy Buys Big Yesterday we saw a small rebound in the bitcoin pri...[Read More]

China further restricts crypto like bitcoin (BTC): OTC trading no longer allowed

The negative news from China regarding the cryptocurrency market just keeps piling up. China’s central bank, The People’s Bank of China (PBoC), is forcing banks and financial institutions to stop offering crypto services such as bitcoin (BTC). It’s actually a repeat of a 2017 ban, but it does show that the Chinese government intends to crack down on this industry even harder. The...[Read More]

Bitcoin (BTC) Hash Rate Drops To Low In Nearly 8 Months, What’s Behind This?

The so-called hash rate, or total computing power, of the Bitcoin (BTC) network continues to fall. According to BitInfoCharts, the hash rate stood at 91.2 exahashes per second (EH/s) on June 20, the lowest since early November 2020. BitInfoCharts shows that on May 13, an all-time high (ATH) of 171 EH/s was reached, a drop of almost 50% in just over a month. Other websites show slightly different h...[Read More]

Bitcoin (BTC) Analyst PlanB Shares His Worst Case Scenario for 2021, Here’s His Price Expectation!

PlanB published today its worst case scenario for the coming months. What does the Dutch analyst expect? PlanB is known for applying the stock-to-flow (S2F) model to the bitcoin price. This model looks at the influx of new bitcoins and the existing bitcoins on the market. Based on the principle that bitcoins are becoming scarcer, the price may rise, he says. His model has proven to be relatively c...[Read More]

Bitcoin & Ethereum Will NOT Hold Up After All, Market Continues to Bleed, Dogecoin and Ripple Prices Fall Even Harder

Last Friday, the cryptocurrency market took another hit, but after that, prices generally seemed to hold up and find a new bottom. At least that’s what the market looked like yesterday and this morning, but shortly after the publication of today’s update, the prices took another heavy blow. Why is the market falling? One of the factors contributing to the price declines may be the curr...[Read More]

How a VPN helps you keep your crypto safe

You’ve probably heard it before; when you own cryptocurrencies you are your own bank. In short, only you are responsible for security and so it is important to think carefully about this. A tool that can help you trade securely with crypto is a VPN. What is a VPN? A VPN, or virtual private network, is a way to encrypt all your internet data. All traffic to and from the device connected to a ...[Read More]

China Bans Bitcoin (BTC) Mining in Ya’an City

Recently, it was revealed that, in yet another step towards banning crypto mining in the country, the Chinese government had ordered miners in China’s Yunnan province to cease operations immediately. At that time, however, there was still a belief that China would at least leave miners in the Sichuan province alone, because there is a lot of use of energy from hydroelectric dams. Which is cl...[Read More]

YEETI is going to develop a self-learning trading bot. Read how to enter the presale!

In a week’s time, the European YEETI will launch its token. The pre-sale aims to attract investors to develop the Self-Learning AI YEETI trade robot. Interested in the pre-sale or what this AI YEETI bot will look like? Then read on quickly! What is YEETI? YEETI is developing a versatile decentralized investment platform ecosystem with multiple investment opportunities including staking $YTI ...[Read More]

Crypto Investors Are Bullisher Than Ever, Especially on Bitcoin (BTC) and Cardano (ADA): Research

Cryptocurrency investors are more bullish about the future than ever. That’s according to a new survey from Voyager Digital, published June 15 on Business Insider. Voyager surveyed 3,671 traders from its own trading platform. The results showed that 7 out of 10 respondents are bullish about the price of bitcoin (BTC) for the next three months, despite the massive crash in April and May. 28% ...[Read More]

MicroStrategy Sells $1 Billion in Stocks: Plan to Buy More Bitcoins (BTC)?

Microstrategy, the company of Michael Saylor, recently announced that they had made $500 million available to purchase bitcoin (BTC) by completing the issuance of “Senior Secured Notes”. Microstrategy already owned more than 90,000 bitcoins, but apparently increasing this portfolio is still a high priority. This private sale of MicroStrategy received a huge amount of interest. Just hours after it ...[Read More]

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