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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Some governing bodies throughout the globe are planning to implement regulations on crypto advertising to protect the public from being misled. The head of Ireland’s central bank does not think highly of cryptocurrencies. On Wednesday, Bloomberg reported that Irish Central Bank governor Gabriel Makhlouf told legislators that the bank is
Russian presidential advisors on the Energy Committee of the State Council have proposed a ban on cryptocurrency mining in residential zones. Local media have stated that members of the group think the change would make the community safer from fires. The plan is to outlaw cryptocurrency mining nationwide, or at
Custodia Bank’s application for membership in the Federal Reserve System was rejected by Federal Reserve Board in the United States. This was on the grounds that the bank’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.” The Fed also noted that Custodia’s risk management
The goal of a new measure proposed in the New York State Senate is to allow the use of certain cryptocurrencies as a legitimate means of payment for state entities. To do so would mean accepting cryptocurrency as payment for a variety of state-issued fines, taxes, and other levies. Bitcoin,
The United States Securities and Exchange Commission (SEC) has been looking into traditional Wall Street financial advisers who may be providing client custody of digital assets without the necessary authorization. According to the reports, the SEC is targeting a major fraction of its investigation on registered investment advisers. To determine
A Bitcoin spot ETF has been denied approval by the SEC yet again. ARK Invest, led by Cathie Wood, and 21Shares, a provider of cryptocurrency exchange-traded funds (ETFs), tried again with their strategy to launch the Bitcoin ETF, but were unsuccessful. The original filing date was May 13 of last
The North American Bitcoin Mining Corporation Hut 8 proceeded with a lawsuit filing against one of its energy suppliers Validus Power Corp in Ontario. On Thursday, Hut 8 filed a “Statement of Claim” in the Superior Court of Justice of Ontario, taking the crucial step in the ongoing dispute that
Bitcoin education is booming worldwide as many investors and platforms enter the blockchain domain. Nowadays, several crypto-based organizations are coming forward to expand crypto education. Under this, Dennis Porter, co-founder, and CEO of the Bitcoin mining support group Satoshi Action Fund has conducted a presentation on the benefits of BTC
In its most recent financial report, published on Wednesday, Tesla said that it had neither acquired nor sold any Bitcoin in the fourth quarter of 2022. However, the electric vehicle maker recorded $34 million in impairment charges as the value of its Bitcoin assets fell to $184 million from $218
The direction of American consumer activity has been closely watched by economists. Who were waiting for today’s data to see what they reveal. The latest Gross Domestic Product (GDP) Report confirms that the U.S. economy grew at an annualized rate of 2.9% in the fourth quarter, above analysts’ estimates. The
