Bitcoin

The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the…
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Yesterday, the United States government transferred approximately $1 billion in funds seized from the malicious hack of the crypto exchange Bitfinex, which totaled $4.5 billion in the 2016 breach. The destination wallet addresses remain…
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The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour. Amid the chaos, crypto traders have experienced $638 million in…
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On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a…
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MicroStrategy has added to its Bitcoin portfolio, securing an additional 3,000 BTC. From February 15 to 25, 2024, this acquisition entailed a substantial investment of $155.4 million. Notably, the average purchase price per Bitcoin…
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Spot Bitcoin exchange-traded funds (ETF) have surpassed a staggering $50 billion cumulative trading volume since trading started in the United States on January 11. The milestone, achieved on Thursday, February 22, marks…
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Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary…
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Former President Donald Trump has recently hinted at a potential shift in his stance towards Bitcoin, a notable departure from his previous skepticism towards digital currencies. Despite his historic preference for the US dollar, his…
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Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the…
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On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark…
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