In a surprising move, a massive whale holding over 1,000 Bitcoin (BTC) that has been inactive for a decade has suddenly transferred 279 BTC. It was worth a whopping $7.8 million at the time of the transfer. The whale received the BTC in October 2012 and May 2013, at a
Stronghold Digital Mining is raising $10 million in private equity funding to buy Bitcoin mining hardware. The Bitcoin mining firm is investing millions in mining hardware upgrades and expansion. In order to finance the acquisition of Bitcoin miners, Strong Digital Mining entered into a Securities Purchase Agreement with institutional investors
The Federal Government of Nigeria has been contacted by the leading global blockchain business Gluwa to promote the creation of a crypto policy framework that might help to unleash the potential of blockchain in Africa’s largest economy and open up new avenues for innovation and economic growth. As of now,
Tesla, a leading car manufacturer owned by Elon Musk, has announced the reports for the first quarter of 2023. On April 19, it is noted that Tesla neither buy nor sell any of the bitcoins (BTC) that it holds as of Feb 2023. Moreover, the report says that the total
Bitcoin, the largest cryptocurrency by its market capitalization, has witnessed a decline in its trading price from the $30K mark. The bullish momentum gets broken after a long time. The Bitcoin price has fallen by more than 3% in the last 24 hours. At the same time, Santiment, a blockchain
Governments all across the globe have struggled to grasp the actual nature of cryptocurrencies. Despite its label as a commodity by some. The U.S SEC has been advocating for it to be treated as a security. A Hong Kong court has ruled that cryptocurrencies are property in a case involving
Intel’s announcement on Tuesday that it will stop producing its flagship brand of Bitcoin mining chips came as a surprise to the cryptocurrency community and the larger crypto-mining market. Furthermore, the firm has promised that final shipments would occur no later than April 20, 2024. Intel has announced that it
The currency or method of payment used in international settlements is being reevaluated by a number of countries. On the one hand, several of them are working to lessen the role of the dollar in international trade. Moreover, several countries are beginning to legitimize cryptocurrency transactions. One nation making progress
Bitcoin advocate and MicroStrategy co-founder Michael Saylor now uses a business email account connected to the Bitcoin Lightning Network. A snapshot of certain Bitcoin transactions received to “saylor@microstrategy.com” in the form of Satoshis or “Sats,” the lowest denomination of Bitcoin, was posted by the company’s co-founder with his 3 million
Bitcoin (BTC) and Ethereum (ETH) projected a 24-hour price drop of 0-1% during the Asian morning hours. Litecoin (LTC) gained over 4% in the last 24 hours to surpass $102, at the time of writing. According to the data from TradingView, LTC marked an intraday high at $102.96 on the
