Wed, September 23

Bitcoin Average Transactions Fees Surges to $19.20 Amid Recent Congestion

Fears of a Denial of Service (DoS) “attack” on the Bitcoin network were voiced on Crypto Twitter over the weekend due to a dramatic increase in transaction fees and unconfirmed transactions. In response to these concerns, several Bitcoin experts and pundits have sought to reassure their individual communities. According to

May 8, 2023 2 mins read

Bulls or Bears; What’s the Fate of Crypto Market This Week?

The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last

May 8, 2023 1 min read

Kazakhstan Collects Approx $7 Million in Tax From Crypto Miners in 2022

Local media outlets indicate that in 2022 after a new rule was passed to regulate the financial burden of cryptocurrency mining, the government of Kazakhstan collected 3.07 billion tenge (about $7 million) in tax payments from crypto mining businesses. As of April 27th, 2023, the government has earned 240 million

May 7, 2023 1 min read

Key Performing Cryptocurrencies for May 2023

The crypto market is continuing to grow and evolve with the launch of new memecoins. In recent days, memecoins have shown massive bullish intent in the crypto market. So it will be challenging for investors to identify the most performing cryptocurrencies. In this article, we will discuss the key performing

May 7, 2023 2 mins read

Bitcoin (BTC) Meets 46.1M Non-Zero Addresses, Soaring Adoption

The most prominent cryptocurrency, Bitcoin (BTC) gathered attention among the crypto community by reaching a new all-time high (ATH). As per the reports of Glassnode, a crypto analytics provider, it is noted that the overall non-zero addresses turn to an approximation of 46.1 million. #Bitcoin adoption continues to soar as

May 6, 2023 2 mins read

U.S SEC Awards $279 Million Payout to Anonymous Whistleblower

The $279 million payout is the highest whistleblower award ever made by the U.S. Securities and Exchange Commission (SEC). Typically, the SEC will give between 10% and 30% of any fines collected that are more than $1 million. The whistleblower must disclose information that directly aids the SEC in imposing

May 6, 2023 1 min read

Montana Leads Crypto Charge: Tax-Free Bitcoin Boosts Adoption

In a groundbreaking move, the State of Montana has emerged as a frontrunner in cryptocurrency adoption. The news has sent shockwaves through the financial world and further solidified Montana’s reputation as a haven for Bitcoin (BTC) enthusiasts. 🇺🇸‼️ US state of Montana bans ALL taxes on #Bitcoin when used for

May 6, 2023 2 mins read

Cash App Reports $2.16 Billion in Bitcoin Revenue for Q1 2023

According to a letter sent to shareholders on Thursday, Block reported a 16% rise year-over-year in Bitcoin gross profit to $50 million in the first quarter of 2023 due to an increase in Bitcoin sales to clients. Block said that it had received $2.16 billion in Bitcoin sales income, an

May 5, 2023 1 min read

Montana Passes Pro-Crypto Mining Bill “Right To Mine” Into Law

Montana Governor Greg Gianforte has signed a pro-cryptocurrency mining bill, S.B. 178, into law. The bill largely prevents local governments in Montana from passing laws that prohibit cryptocurrency mining. It enshrines crypto miners’ rights in the state by revising existing laws to prohibit discriminatory electrical rates for mining firms and

May 5, 2023 2 mins read

Bitcoin (BTC) Rises from 2020 Disaster on Pierre Rochard’s Statement

The Bitcoin (BTC) trading price has been on the move since the beginning of 2023. Bitcoin has steadily risen since the digital token recorded a price below the $6,000 level in 2020. Pierre Rochard, VP of Research at Riot Platforms, recently claimed on Twitter that data invalidates the belief that

May 5, 2023 2 mins read