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.
Due to weak market performance and a larger computational demand amid increased network difficulty, Bitcoin miners’ income has dropped to two-year lows. However, miners have been able to recover losses thanks to a continuing decline in the Bitcoin hash rate over the last month. Bitcoin mining profits (from both block
Bitwise, a leading cryptocurrency asset management firm, has resubmitted its ETF proposal to include Bitcoin futures (ETF). The proposed fund would use a Cayman Islands-based wholly-owned subsidiary to invest only in Bitcoin futures contracts. Due to the high price tag and high complexity of the planned solution, Bitwise withdrew its
The wallet’s developer ConsenSys published a revised privacy policy agreement On Nov 23, which prompted criticism on social media. That stated, ConsenSys’ well-known Infrura product has been intended to collect users’ additional data. According to the statement, MetaMask would start collecting users’ IP addresses and Ethereum wallet addresses while on-chain
In the United States, applications for unemployment benefits hit a three-month high last week, signaling a thawing of the job market in the wake of a wave of layoffs at technology companies. The number of Americans filing for unemployment benefits increased by 17,000 to 240,000, as reported by the Labor
On Wednesday, Bo Shen, a founding partner at Fenbushi Capital, tweeted about the theft of as much as $42 million in cryptocurrency from his personal wallet. Shen claims that on November 10, criminals made off with $38 million worth of the USDC stablecoin. The stolen funds, he clarified, are just
In spite of the current cryptocurrency market downturn, El Salvador is increasing its wagers on the investment market. The first government to recognize Bitcoin as legal cash is currently drafting a Digital Asset Issuance Law. That would make it easier to do business with any cryptocurrency. A document posted on
Ark Invest, run by Cathie Wood, has reportedly invested an additional $1.4 million to acquire 176,945 shares of Grayscale’s Bitcoin Trust (GBTC) fund, as reported in an investor email. The company has made its second sizable GBTC acquisition in as many weeks with this transaction. Bloomberg reports that the Florida-based
As part of an alleged $575 million crypto fraud scheme. The two co-founders of the defunct Bitcoin cloud mining service HashFlare have been detained in Estonia. HashFlare, founded in 2015, claimed to be a cloud mining service. Where consumers could lease the company’s hashing power to mine cryptocurrency and split
After the recent failure of the cryptocurrency exchange FTX, a group of U.S. senators have sent another letter to the financial behemoth Fidelity Investments, urging it not to sell Bitcoin to its clients. The letter was signed by three senators from three different states: Tina Smith of Minnesota, Elizabeth Warren
Earlier today, Damien Viel, who oversaw operations in France for Twitter Inc., announced his resignation. He made the significant revelation through Twitter, perhaps foreshadowing layoffs at the struggling firm. Notably, Viel had been in charge of the French Twitter team for seven years in a row. Musk is mulling further
