Wed, February 12

Bitcoin Breakdown $20K Price Range, Will it Continue to Dive?

Bitcoin (BTC) traded at $20,338.84 with an increase of 8% in 14 days. Presently, BTC has a market cap of $395 billion. As a result of the market crash, several industries like Terra, Three Arrows Capital, and Celsius Network, have collapsed. Also, the most prominent cryptocurrency Bitcoin (BTC) value has

November 4, 2022 2 mins read

Russian Legislators Propose New Bill Legalizing Crypto Mining

There has been an uptick in the notion of allowing cross-border crypto. The liberal New People group proposed mining measure, but it was shot down. Russia’s legislators are going to look at a new bill that would make cryptocurrency mining legal. This sector has been expanding rapidly over the last

October 30, 2022 2 mins read

Bitcoin Mining Firm Core Scientific Likely to File For Bankruptcy

Nasdaq-traded shares of the company dropped by 70% immediately after the news broke. The miner said Celsius’s refusal to pay was costing it almost $53,000 per day. Core Scientific, one of the largest Bitcoin miners in the world, has warned that it may have to file for bankruptcy due to

October 27, 2022 1 min read

Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investment bank and provider of financial services, made headlines at the start of the month due to

October 27, 2022 1 min read

Whale Alert: 15K Bitcoin (BTC) Moved Post Recent Rally

After an 8% increase in value over the last 24 hours, the Bitcoin price is now at $20,764. A whale withdrew 1,389 Bitcoin from FTX, valued at almost $29 million. In the last 24 hours, the price of a Bitcoin (BTC) has risen to a high of $20,764. Increased whale

October 26, 2022 1 min read

Tao Bitcoin Acquired by Bitcoin ATM Operation RockItCoin

RockItCoin now manages almost 1,900 machines in 44 states after the acquisition. CEO and creator of RockItCoin expected further acquisitions in Q4 2022. On October 25th, Bitcoin ATM provider RockItCoin announced that it has acquired Tao Bitcoin. Located largely in the southern part of the United States, Tao Bitcoin operates

October 26, 2022 1 min read

Western Union’s Recent Trademark Filing Hints Crypto Foray

Western Union submitted trademark applications for three products on October 18. It formed a partnership with Ripple in 2015 to settle remittance payments. According to trademark applications that Western Union submitted last week, the company may soon begin offering services related to cryptocurrencies. It’s the latest in a series of

October 26, 2022 1 min read

Cash App Now Supports Receiving Bitcoin Via Lightning Network

With this fix, they may use it to get bitcoin as well which was only limited to sending. Over 44 million people use the app every month. Lightning Network Bitcoin transactions are now available to Cash App customers. Today, Cash App Bitcoin Product Lead Michael Rihani tweeted the news, and

October 26, 2022 1 min read

U.S DOJ Charges Chinese Intelligence Officers of Bribing in BTC

Guochun He and Zheng Wang planned to steal sensitive documents. They planned to bribe a United States Government employee with $61,000 in Bitcoin. Two Chinese intelligence operatives have been charged with obstructing justice by the United States Department of Justice. The charges stem from an alleged effort to bribe a

October 26, 2022 1 min read

Tesla’s Bitcoin Losses Reach $170 Million Amid Bear Market

The net loss comes to $106 million at the conclusion of the third quarter. Tesla’s losses did not have a significant impact on the company’s fundamental operations. Tesla, the electric vehicle (EV) maker, has reportedly invested $1.5 billion into Bitcoin since the beginning of 2021, as reported in the company’s

October 26, 2022 1 min read