A man from London is the first in the UK to face charges related to running an unlicensed Bitcoin ATM. After a search of a Chatham electronics store by the Kent Police on April 28, 2023, Habibur Rahman, 37, of Langdon Crescent, East Ham, was taken into custody. Moreover, the
The global crypto market has briefly revived from the market dip, with the total market cap bouncing back to $2.05 trillion, marking a 0.23% increase. Notably, the trading volume has surged by 66.12% to $60.11 billion in the last 24 hours. Meanwhile, the digital asset investment products saw outflows totaling
On Monday, Metaplanet Inc., announced a strategic alliance with SBI Group, a partner of Ripple Labs, the industry leader in cryptocurrency payments. The Bitcoin trading, custody, and management collaboration between Metaplanet and SBI VC Trade has begun. This is an exciting step toward the widespread use of cryptocurrencies and future
August saw a decline in the amount of BTC produced, leading to the lowest revenue-generating month for Bitcoin miners since September 2023. Bitbo data reveals that miners’ income reached $827.56 million in August, an increase of 5% from August 2023, but a decrease of almost 10.5% from July’s $927.35 million.
The crypto market turned bearish yet again over the weekend with the largest cryptocurrency showing significant price dips. Bitcoin’s price dip has rendered uncertainty in the market with altcoins showing volatility and turning bearish. As prices have raised a tumult there has been a lull in activity within the crypto
In the days after a market meltdown, Bitcoin’s price has been steadily declining. Bitcoin has lost about 8% this week and is trading at $58.18K as of this writing. In light of this, many have questioned Bitcoin’s development potential and wondered how the cryptocurrency has managed to accomplish so much
Next week’s key events, such as US employment statistics, are keenly anticipated by the crypto market. As the employment numbers would solidify bets on the anticipated Fed rate cuts, they would be one of the most eagerly awaited pieces of data for next week. Additionally, it would affect the future
U.S spot bitcoin exchange-traded funds (ETFs) had a negative month in August, with a total net outflow of around $94 million, despite an eight-day bullish streak. But according to SoSoValue statistics, that amount is well within the range of a single good or terrible day. While spot bitcoin ETFs lost
After a sharp 10% drop from $65,000 earlier this week, Bitcoin has found solid support around $58,000. As a result, the Bitcoin whales have resurfaced and are actively purchasing Bitcoin as it drops in price. Santiment reports that, with many important crypto events about to take place in September, the
Bitcoin, the world’s largest cryptocurrency, recently plummeted to a two-week low of $57,701, with its price fluctuating between $57,768 and $59,896. Over the past seven days, Bitcoin has seen a 7% decline, while its 24-hour trading volume has decreased by 9%. This downward trend has sparked concern within the crypto
