News about BITCOIN

News about Bitcoin

Bitcoin Puell Multiple Lifts Off From Buy Zone, Bull Momentum To Follow? - NewsBTC

On-chain data shows the Bitcoin puell multiple has started to leave the “buy” zone, a sign that the crypto may be heading towards bullish momentum. Bitcoin Puell Multiple Has Gone Up In Value During Recent Days As pointed out by an analyst in a Cryp...

Musks’ bitcoin fascination cost Tesla $170 million, report reveals - The Seattle Times

Tesla said Monday it was increasing spending by about $1 billion to ramp up its factories, develop new batteries and finance other projects. In a securities filing, Tesla said it expected capital expenditures to be $6 billion-$8 billion in 2022, up...

Bitcoin Dumpster Guy Has a Wild Plan to Rescue Millions in Crypto From a Landfill - Gizmodo

Photo: Peter Macdiarmid (Getty Images) You gotta hand it to some people for being impetuous even in the face of extraordinary odds. Imagine looking for a single hard drive amidst a literal heap of trash. Well, that’s been one UK man’s goal f...

What is Bitcoin?

I recently emailed someone who has a website that keeps a running record of returns (i.e., equities, bonds, gold, etc) with nearly 100 years worth of data and asked if he could start tracking Bitcoin from 2009. The person responded, "As what? A...

Biden Administration Accused of Propaganda and 'Redefining' a Recession's Technical Definition – Economics Bitcoin News - Bitcoin News

After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate...

Analyst: Bitcoin and Ethereum could lead crypto market’s ‘minor pullback’

Bitcoin is trading near $21,900 while Ethereum has dipped below $1,520. The crypto market was largely green over the past week, with gains for Bitcoin and Ethereum pushing the top two cryptocurrencies to prices above $24,000 and $1,600 respectively....

August To Be A Decisive Moment For Bitcoin Price Ahead Of FOMC & GDP Report - Coinpedia Fintech News

Since May, 2022, after Terra (LUNA) collapse, the crypto market is not in that good condition with an increase in negative news around the space. Even now, the overall crypto market sentiment is not positive with the increased price volatility along...

Tesla reports $64M profit from Bitcoin sale

Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market. In the first six months of 2022, Tesla recorded $170 million of impairment lo...

A Look At Coinbase, Riot Stocks As Bitcoin And Ethereum Signal Indecision - Benzinga - Benzinga

Coinbase Global, Inc COIN and Riot Blockchain, Inc RIOT were trading down over 2% and 3%, respectively, on Monday in sympathy with Bitcoin BTC/USD and Ethereum ETH/USD, which were falling over 2% and 4%, respectively. The apex cryptos, when their c...

Fedi’s 'Federated Wallet' Could Bring Bitcoin to Billions - Nasdaq

Fedi’s 'Federated Wallet' Could Bring Bitcoin to Billions& & Nasdaq

Bitcoin Bulls Try To Recoup As BTC Dislodged From $22,000 Level

It was a good run until it lasted. The crypto market was having a blast last week, until it sharply nosedived by 3.06% to $1.01 trillion on July 25, Monday. Bitcoin together with Solana, Ether, and Polkadot were all knocked over at the start of the...

Crypto user who lost $163M in Bitcoin wants to deploy robot search party — Report

James Howells, a British man who mistakenly discarded a hard drive containing roughly 7,500 Bitcoin (BTC) in 2013, has reportedly started looking at having robots and humans work together to retrieve his crypto from a local landfill. According to a...

How Bitfinex Launched A P2P Video Chat App With Bitcoin Payment Support

Paolo Ardoino, CTO at crypto exchange Bitfinex, announced the launch of a new peer-to-peer (P2P) video chat app integrated with Bitcoin payment, called Keet. Via Twitter, Ardoino confirmed the app was built on top of the Holepunch framework, a platfo...

Here's How long it takes to mine a single Bitcoin - Watcher Guru

Bitcoin [BTC] mining emerged as a controversial yet profitable industry. The mining rewards that came with the process lured an array of individuals and entities into the market. However, the immense backlash toward the mining community has driven a...

Pizza priced in Bitcoin

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

More Than 57,000 Traders Liquidated As Bitcoin Declines Below $22,000

The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the...

Bitcoin Mining Stocks Face Market Reckoning Amid Widespread Selloff - Blockworks

Markets are beginning to favor bitcoin mining stocks with the strongest balance sheets Valkyrie’s mining fund has cut its Core Scientific weight more than any other stock Markets and fund managers are selecting which bitcoin mining stocks they b...

I’ve been involved since 2017, run my own Lightning node, and even get a salary to manage a data center mining Bitcoin, but I still need to learn. I should’ve picked these up a long time ago. Better late than never.

I have discovered that to really understand why bitcoin is so amazing, it really helps to have a better understanding of how our current system works (or does not). Further, just understanding money itself is kind of useful. Debt by David Graber was...

Ethereum Technical Indicators Suggests a Further Breakout Leaving Bitcoin Behind

Even if it's for a short period of time, those Bitcoin maxi tears will be absolutely delicious. If it holds, you'll see some Bitcoin maxis turning against the entire industry. To them, it's either Bitcoin, or nothing. I wouldn't be surprised if they...

Coinbase Bitcoin Nano Futures Sees Volumes Spike but Spot Markets Shrink - Business 2 Community

Coinbase is one of the largest cryptocurrency exchanges by trading volumes, but it has also been largely affected by the crypto winter. Coinbase announced it would lay off 18% of its staff in May because of the market conditions. It was also rece...

Here’s Why More Bitcoin Mining Can Lead To Better Environment? - CoinGape

Willy woo, a popular expert on Bitcoin, responds to the claims that bitcoin is bad for the environment and claims that a shift to renewables would require BTC mining to play a key role.Moreover, he revealed that BTC miners would need to consume mor...

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