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.
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First Republic Bank (NYSE: FRC) is being acquired by JPMorgan Chase & Co (JPM.N) after extensive efforts by U.S. authorities to save the bank failed. The FRC will be seized by financial authorities in advance of the sale. However, Citizens Financial Group Inc (CFG.N) and PNC Financial Services Group (PNC.N)
Saturday was the biggest day ever for Ordinals, the technology used to inscribe digital assets on Bitcoin, creating assets similar to Ethereum-based NFTs. According to a popular Dune dashboard, on Saturday there were around 223,000 inscriptions made via Ordinals. Over 200,000 inscriptions were made in a single day. A milestone
Bitfarms, a firm that mines for Bitcoin has announced to investors that it has reached a new milestone as a result of its expanded operations in Argentina. A hashrate of 5 exahash per second (5 quintillion hashes per second) was reached on Thursday. Thus, setting a new record for the
The prototype design of a high-performance Bitcoin mining ASIC at 5 nanometers has been completed by Jack Dorsey’s business, Block. On April 28, 2023, the corporation updated its website with the news. The American company acknowledged the technological and financial difficulties of manufacturing bitcoin mining ASICs. As a result, there
Elon Musk, CEO of Twitter, has announced yet another ground-breaking plan to increase the company’s revenue and benefit Twitter’s content providers. Twitter has been implementing an increasing number of novel features to enhance the service for its users and foster an open dialogue. This update allows crypto influencers and other
Bitcoin technology firm Lightning Labs, a key contributor to Bitcoin’s lightning-fast and scalable Lightning Network, has updated the user-friendliness of its node management tool, Litd. It may be difficult for users who aren’t tech-savvy or who don’t want to spend hours studying each aspect of the protocol to transmit a
With the cryptocurrency sector coming under the scrutiny of tax authorities throughout the world, the fintech company Revolut has added an automatic tax reporting tool for its customers. The fintech firm has collaborated with Koinly, a cryptocurrency tax solution, to give its customers the ability to produce cryptocurrency tax reports
Hong Kong seems to be realizing its goal of becoming a center for the cryptocurrency industry. Guidelines for regulating cryptocurrency exchanges are expected to be released by the Securities Futures Commission (SFC) of the jurisdiction in May 2023. The finance regulator initiated a similar platform for public input last year.
For the first time in a week, Bitcoin (BTC) briefly climbed back above $30,025 before falling back. The largest cryptocurrency market cap fluctuated during New York trading hours between gains of up to 10% and losses of about 1% before settling at about $29,282. Also, this brings to the attention
On Wednesday, the Bitcoin price dropped at the same time as an Arkham Intelligence bug fix-related occurrence. A well-known Twitter account for cryptocurrency news, DB, shared an extract from an Arkham Intelligence alert stating that Mt. Gox and US government wallets were doing transactions. [DB] Mt Gox and US Govt
