Category: Bitcoin

Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows.  According to figures from monitoring resource Blockchain.com, daily revenues have surged by over 50%. “Interesting dynamic” hits Bitcoin mining Bitcoin mining is currently in a unique state of flux — around half of the hashing power is offline as miners

Altcoin prices are moving higher as Bitcoin price holds a pattern of daily higher lows, a sign that the downtrend could be coming to an end.

Russian lawmakers are working on new legislation that would allow the government to confiscate cryptocurrencies, according to a senior official. Russian Prosecutor General Igor Krasnov claimed that the government is now developing a set of amendments to the country’s criminal code to allow authorities to seize crypto obtained from illegal activity, local news agency TASS

Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks regulators should approve a Bitcoin exchange-traded fund.  In an opinion piece published on Bloomberg Wednesday, Massad said the Securities and Exchange Commission, or SEC, should approve a Bitcoin ETF

The website that first published the Bitcoin whitepaper says that the site suffered a malicious attack by cyber ransomers. Cøbra, the pseudonymous owner of Bitcoin.org, tells his 42,000 followers that the site suffered a distributed denial-of-service attack (DDoS). A DDoS attack is done by artificially flooding a website with traffic to overwhelm it, making it

Iran’s challenge with the ever-increasing electricity consumption has reached new heights, leading the country to halt electricity exports. Abuzer Salihi, general manager of Iran’s electricity distribution company Tevanir, announced on state television that it has reduced electricity exports to zero “so that there is no problem in electricity supply in the country.” He said that

Global payments giant Visa will continue to support the development and adoption of the cryptocurrency industry as part of its business, the company said in its latest crypto update. In an official statement on Wednesday, Visa announced that its crypto-enabled cards processed more than $1 billion in total spending in the first half of 2021.

A prominent crypto strategist and trader is predicting a parabolic rise in Bitcoin’s value that would make the rise to the recent all-time high of $64,000 a blip in the chart. Jack Sparrow, the crypto analyst who accurately predicted BTC’s rise to $19,000 last year, tells his 203,600 followers that he’s positioning himself to capture

Ultimate Fighting Championship, a major global mixed martial arts organization, continues its deep dive into the cryptocurrency industry by announcing a sponsorship deal with a cryptocurrency exchange. UFC announced Wednesday that it agreed to a fight-kit partnership with Crypto.com, one of the world’s largest crypto trading platforms by trading volumes, CNBC reported. According to CNBC,

Bitcoin (BTC) took a stab at key resistance around $36,000 on July 7 as anticipation built around a breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC breakout means first stop $39,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedbly tapping but failing to flip the $35,000 mark on Wednesday. The largest cryptocurrency rebounded