Sat, November 14

Crypto Scams Soar: FBI Reports $3.94 Billion Losses in 2023

U.S. investment losses in 2023 were mostly attributable to crypto-related investment fraud, according to the Federal Bureau of Investigation (FBI). Investment losses associated with cryptocurrency jumped 53% from $2.57 billion in 2022 to about $3.94 billion in 2023, according to a new report from the FBI. At the same time,

March 9, 2024 1 min read

Bitcoin (BTC) May Reach New All-Time High Before 2024 Halving, Boosting These 2 Altcoins

With analysts predicting the possibility of a new all-time high before the 2024 halving event, investors are turning their attention to potential altcoin beneficiaries. Among these, Retik Finance and Shiba Inu have emerged as prominent contenders poised to benefit from Bitcoin’s bullish momentum. Retik Finance, a decentralized finance (DeFi) ecosystem,

March 9, 2024 3 mins read

Coinbase Faces Yet Another Outage Amid Bitcoin’s Soaring Highs

Investors are ecstatic about the Bitcoin rise, but the Coinbase exchange’s platform is responding poorly. In the midst of Bitcoin’s new all-time high (ATH), Coinbase has reported yet another downtime. The crypto exchange has experienced three outages in the last two weeks. The platform collapsed, causing significant disruptions according to

March 9, 2024 2 mins read

Bitcoin Sets New All-time High as Price Hits $70,000 Threshold

The price of Bitcoin (BTC) has skyrocketed to a new All-Time High (ATH) of $70,000, marking a first for the cryptocurrency in over 14-year of existence. The price of Bitcoin (BTC) witnessed massive bullish momentum today, and breached slightly above $70,000. Since the new year began, the value of BTC

March 8, 2024 2 mins read

Bitcoin Cashback Incentives Introduced by Travala for Premium Travelers

With the emergence of Bitcoin (BTC) as a valuable asset, crypto-friendly travel service Travala.com is introducing a BTC cashback scheme to reward its premium customers. Those who reached the Smart Diamond level of the loyalty reward program run by the AVA Foundation’s blockchain platform may take advantage of Travala’s new incentive

March 7, 2024 2 mins read

Hut 8 Shuts Down Bitcoin Mining Site Citing Soaring Energy Prices

In Drumheller, Alberta, Canada, Bitcoin miner Hut 8 has decided to shut down operations owing to power outages and soaring energy prices. The notification made on March 6 states that the Drumheller mining plant, which accounts for only 1.4% of Hut 8’s Bitcoin (BTC) but uses around 11% of its

March 7, 2024 1 min read

Can Bitcoin (BTC) Bounce Back From Its Recent Dip?

Bitcoin, the leading cryptocurrency by market cap, surged to a new all-time high of $69,170, marking its first record peak in over two years. The jubilation was short-lived, as BTC experienced a sharp decline, dropping to a 6-day low of $59,323. This volatility led to a 7% decrease in the

March 6, 2024 2 mins read

Bitcoin Witnesses Flash Sell-off After Hitting New All-time High

Very soon after reaching an all-time high (ATH) of $69,170, Bitcoin is already seeing a dramatic decline in its price. Up until recently, the Bitcoin price has maintained a steady upward trajectory this week. BTC’s price has fallen 7.48% in its most dramatic and sudden drop since the beginning of

March 6, 2024 2 mins read