The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
Our team publishes constant updates on BTC in this TheNewsCrypto page. Through here, you can check out all current Bitcoin-related events. You can explore our Bitcoin News section, at any time with just a single click. Our team always ensures that the Bitcoin news section is always updated for you.
Block Inc., a company that facilitates Bitcoin payments, has announced that its gross profit for the second quarter of 2023 was $1.87 billion, up 27% year over year. In addition, Bitcoin accounted for $2.4 billion of the firm’s reported $5.5 billion in net revenue during the second quarter. Bitcoin revenue
BlackRock, a firm that manages $9 trillion in assets, is under investigation by the US government for possible illegal Chinese investments. Legislators are concerned that Americans’ retirement savings are being used to prop up Chinese companies that the United States has blacklisted due to security and human rights concerns. According
MicroStrategy, the software developer with a massive Bitcoin (BTC) stash, intends to raise up to $750 million by selling more stock. The company plans to utilize the fund to buy additional Bitcoin, further solidifying its position as one of the largest corporate holders of BTC in the United States. The
One topic has dominated coverage of the cryptocurrency industry in recent weeks. Among cryptocurrency enthusiasts, the approaching Litecoin Halving has become the most awaited event. In addition, as anticipation for the event grew, its value increased to $110 on June 30. Moreover, the price is facing high volatility as investors
The Kansas Office of the State Bank Commissioner closed Heartland Tri-State Bank of Elkhart on July 29; the FDIC thereafter assumed management. The FDIC announced on July 31 that the four former Heartland Tri-State Bank locations will reopen as branches of Dream First Bank the following day. Customers of the
Companies in the crypto sector have come under increased scrutiny after recent scandals and bankruptcies in the industry. This scrutiny has extended to businesses, including accounting firms, who have been employed by these companies. Paul Munter, the SEC’s principal advisor on accounting and auditing concerns, issued a warning to crypto
In the fast-paced and ever-evolving world of finance, cryptocurrencies have emerged as a revolutionary force, captivating the imagination of investors and tech enthusiasts alike. Among the multitude of digital assets, several cryptocurrencies have been making waves in the market, especially during challenging moments. Let’s dive into the captivating world of
In Kyrgyzstan, the crypto mining farm will be built for $20 million, says President Sadyr Japarov with a nod. As per the reports of July 27, the Hydroelectric Power Plant under the government of Kyrgyzstan will be built. Back in 2010, the Kambar-Ata-2 was launched that lost 6.8B KiloWatt-Hours (kWh)
Cryptocurrency mining gear supplier and mining facility operator Phoenix Technology is contemplating an IPO as per a Bloomberg report. The article claims that preliminary discussions have been in place for an IPO for Phoenix in Abu Dhabi. The UAE-based firm signed a $650 million contract for mining rigs in 2021,
According to a local media source, the Indian Supreme Court criticized the Union government on July 27 for the country’s lack of crypto legislation. As the Supreme Court pointed out, it is “unfortunate” that the government has not issued any concrete regulations regarding cryptocurrencies. The court’s remark was made in
