Category: Bitcoin

The Iranian government continues to closely monitor the cryptocurrency mining industry by initiating new measures against home crypto miners, according to a new report. Mostafa Rajabi, a spokesman for the Ministry of Energy of Iran, said that crypto mining with household electricity is not legal and thus, home miners will have to pay heavy fines

Bitcoin (BTC) is facing a make-or-break moment this week as a classic indicator signals a price watershed.  According to the network value to transaction (NVT) price, BTC/USD is in line for a reset at recent lows of just above $42,000. NVT calls a significant BTC move After dipping on negative sentiment as a result of

Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network. Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energy Consumption: A Quantitative Approach to a Subjective Question,” providing open-source access to its methodology and calculations.

Blockchain analytics firm Elliptic says it has identified the Bitcoin wallet that hackers used to receive ransom payment from Colonial Pipeline, one of the largest fuel pipeline operators in the US.  The Eastern European criminal group DarkSide is linked to the ransomware attack that compromised the computer system of Colonial Pipeline, causing several days of

Elon Musk appears to have again been the catalyst for Bitcoin’s price shedding more than 10% over the weekend after Tesla’s CEO appeared to suggest the firm may be planning to dump BTC from its balance sheet this quarter. On May 16, Musk replied to a tweet predicting that Tesla may dump its BTC holdings

The crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure investment returns as screenshots on Crypto Twitter. This condition creates a FOMO-like situation where everyone gets greedy. The temptation to boost potential earnings by twenty times or more is often irresistible for most

Bitcoin (BTC) price slipped below $46,000 on Sunday for the second time in four days, raising the specter of a deeper short-term correction for the flagship digital currency. Bitcoin fell to a session low of $45,127.01, according to TradingView, before staging a modest recovery to around $45,400. The largest cryptocurrency by market capitalization is down

Jack Dorsey, the CEO of Twitter and Square, is coming to Bitcoin’s defense after Elon Musk announced that Tesla will no longer accept BTC as payment. In a string of tweets, Musk tells his more than 50 million followers that Tesla is suspending Bitcoin payments, citing concerns over the flagship cryptocurrency’s harmful impact on the

Bitcoin could be on its way lower before finding a bottom, according to an up-and-coming on-chain crypto analyst. In a tweetstorm, the analyst known as Dilution Proof says that Bitcoin (BTC) is looking shaky and an event that flushes weak hands is in the cards. “The Bitcoin market is pretty antsy & price could dip

A high-profile crypto trader is sharing his two under-the-radar altcoin picks and his Bitcoin bull market end-of-year prediction. In a new tweet, the crypto analyst known as Capo tells his 112,000 followers that he’s preparing for global digital marketplace World Token (WORLD) to perform extremely well against Ethereum (ETH) in the coming days. “WORLD ready