Bitcoin Hash Rate Reach New High Following China Ban on Mining
The effect of China's Bitcoin mining ban is now negligible as there is a recovery in the network fundamentals. Bitcoin has recovered from the mining ban in China which resulted…
Russia: CBR Governor Says That They Won’t Authorize Bitcoin ETFs
Russia is not going to approve any Bitcoin exchange-traded fund (ETF) for public trading anytime soon, reports say. A statement from the country’s apex bank has revealed that the country…
Texas Governor Shows Interest In Bitcoin
In a recent report, it was included that Texas is very much in the deciding phase of making Bitcoin a permanent cryptocurrency that the state sanctions. This is just an…
Bitcoin Is The Most Commonly Used Ransomware Payment Means – FinCEN
On October 15, 2021, the Financial Crimes Enforcement Network (FinCEN) in the U.S produced a report titled ‘Financial Trend Analysis: Ransomware Trends in Bank Secrecy Act Data Between January 2021…
Open Interest In CME Bitcoin Reaches 8-Month Peak, Surpassing $65K
As BTC recaptured its five-month record of $58,550 on BitStamp, open interest in Bitcoin futures markets on the Chicago Mercantile Exchange (CME) climbed to a fresh record level. CME Group's…
Mike Novogratz Believes Bitcoin’s Market Cap will Surpass Gold in a Few Years
According to Mike Novogratz, who is the CEO of Galaxy Digital, Bitcoin in the upcoming years will be able to completely eclipse gold by leveling up with its current market…
Protestors In El Salvador Destroy A Cryptocurrency Kiosk In Capital City
BTC cynics and those demonstrating against the president’s policies in El Salvador have burned a crypto cubicle in the capital city of the country. Some videos of the incident were…
Increasing Interest in Bitcoin Futures: What Is The Implication?
There is a steadily increasing interest in Bitcoin derivatives products such as futures. According to Skew Analytics, the rise has been increasing and is now getting closer to the previous…
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Miami Mayor Advocates For Nuclear-powered Bitcoin Mining
Francis Suarez, Miami Mayor, is a powerful advocate for Miami to become a hub for Bitcoin mining. He considers the fact that Miami has nuclear power to be an advantage…
Bitcoin Spot Exchange Reserves Records a Two-Week Decline
Despite the price of BTC going up by 5.9% on today's market after a mini-slump due to China's Crypto ban, Bitcoin Spot Exchange Reserves remain low. In two weeks, the…
SEC Head Gary Gensler Wants To Regulate Cryptocurrencies
The Head of the United States Securities and Exchange Commission, Gary Gensler, has stated that he is looking to set crypto into the “public policy framework”. Gary Gensler, in an…
Yemeni Uses Crypto Donations to Curb Starvation Amid Crisis
A Yemeni has reportedly raised money in cryptocurrency donations to purchase food and other supplies for impoverished citizens amid an ongoing civil war. The Yemeni, a Redditor who goes by…
Institutional Investors Focus on ETH Futures as BTC Demand Weakens
Briefly – JPMorgan analysts stated that institutional investors are shifting their focus to Ethereum. Bitcoin futures have seen weak demands as they traded under spot price. ETH futures premium increased…
Famous Hedge-Fund Billionaire Says Regulators will Try to Kill Bitcoin
Bitcoin has taken it to the mainstream media, and it has become something of a phenomenon; governments, business enterprises, and the digital industry all want a piece of it one…
CBDC: Reserved Bank of Australia Set to Hire Digital Currency Specialist
Cryptocurrency is currently receiving serious attention from several countries globally even as plans are underway to integrate it fully into global financial systems. Most nations of the world have been…
UK Post Office Enables Citizens to Buy Bitcoin via its App
It has been an incredible development all over the globe when it comes to crypto adoption and especially Bitcoin. Banks, commerce businesses, tech industries as well as states are now…
Crypto Will Be Huge Soon – Visa Executive
Even though crypto has been in existence for over ten years, its popularity rose greatly in the last year. The crypto market cap is over $2.1tr, which makes it higher…
New Survey Reveals 48% of Brazilians Want to Make Bitcoin Official Currency
After El Salvador, there are other potential candidates that are emerging for the sake of crypto adoption and making digital assets a legal tender within their country. One such example…
Hong Kong’s Regulatory Authority SFC Warns Investors Against ICOs And Digital Tokens
Financial Regulation Authority of Hong Kong, known as the Securities and Futures Commission, gave several warnings to investors on Monday about the use of digital tokens and initial coin offerings…
Bitcoin (BTC) Eyes $53K, Miners Taking Profits
The world's leading virtual coin, BTC, extends its upside moves as it closes the $53,000 gap. That comes after Bitcoin registered massive upticks and an impressive close last week. If…