Bitcoin (BTC) News

Power producer and retail energy provider Energy Harbor Corp revealed a cooperation with BTC mining hosting firm Standard Power to build nuclear-powered BTC mining. The mining processes will start this December. To realize the idea, Standard Power will turn a former paper factory in Ohio city...

In the Q2 of 2021, Nasdaq-listed Bit Digital generated 562.9 BTC, according to its income statement. That is less than in the previous reporting period due to the migration of computing power from China. According to the press release, on June 21, Bit Digital halted operations in China and...

Stamford-headquartered leading digital currency asset manager Grayscale, reported that it will offload fund account and administration functions for the Grayscale Bitcoin Trust to BNY Mellon in October. Thus, the company aims to turn its GBTC into a BTC ETF. We have selected @BNYMellon as an asset...

In 2021, ransomware-related addresses received over $ 33 million in cryptocurrency. The service was launched by Jack Cable, an engineer at the cybersecurity-focused company Krebs Stamos Group. The tool tracks payments to ransomware by collecting information about attacks from affected users and...

California-based major financial services company Capital Group has acquired a 12.2% stake of enterprise-intelligence software firm MicroStrategy’s (MSTR) common stock. Particularly, the company's division Capital International Investors (CII) purchased 953,242 shares of 7,782,568 outstanding,...

According to Google Trends, the number of searches for the word "Bitcoin" fell to the level of mid-November last year. Then the first cryptocurrency was trading at around $ 16,000. The indicator is down 68.5% from this year's peak of May 16 (23 versus 73; the highest was 100 in December...

Attackers stole $ 45,000 worth of cryptocurrency from the New Zealand police's bitcoin wallet in operation against them. Law enforcement officers conducted an online investigation into money laundering, but as a result, they lost funds. On the fact of theft, the department opened a criminal case...

The weakening of transaction activity on the bitcoin network has led to a sharp drop in average fees. The operating fee is currently $ 3.92, according to BitinfoCharts. Note that in the second half of April, the commission reached $ 62.77. Below $4 Bitcoin fees were at the end of December last...

Global investment bank JPMorgan finds El Salvador may face difficulties with Bitcoin's use cases as a means of exchange. In a report published on Thursday, the bank said the difficulties may appear, as lots of BTC is tied up in illiquid institutions, 90% of the owners remained the same through a...

The power consumption of the bitcoin network has dropped to its lowest level since November 2020. The Cambridge Bitcoin Electricity Consumption Index (CBECI) dropped almost 60% on an annualized basis. If in the spring miners consumed more than 143 TW/h of electricity, now this volume is about 62...

American electronics engineer, Apple's co-founder Steve Wozniak, who had previously supported Bitcoin many times, said recently BTC is better than gold and that it's a mathematical miracle. Wozniak shared his views in terms of the event Jalisco Talent Land Digital 2021 held in Mexico. He says the...

Tesla CEO Elon Musk talked about cryptocurrencies another time. He shared his opinion on Bitcoin, Ethereum, and Dogecoin, mentioning the advantages of the last one. Particularly, commenting on crypto and Dogecoin Youtuber Matt Wallace's tweet about Dogecoin update, Musk wrote BTC and Ether...

Bitcoin (BTC) on Friday, July 9, is trading in the region of $ 33,000. Almost all altcoins are also losing today. Cryptocurrencies are retreating amid strong pressure from the Chinese authorities. In the middle of this week, the People’s Bank of China once again called BTC and other coins...

Financial services company Square restated the plans of launching its BTC hardware wallet. The director of hardware engineering at the firm, Jesse Dorogusker posted a series of tweets on July 8. He wrote the Square team intends to develop a hardware wallet to expand BTC adoption. People can ask...

Crypto exchanges serving Indian traders see no reason to panic despite the dominance of bearish sentiment in the market. As Business Insider India clarifies, local trading platforms, on the contrary, are actively developing infrastructure for transactions with digital currencies. The exchanges were...

Tech company Meitu reported about the results of its Bitcoin and Ethereum investments. As mentioned, Meitu has lost around $17.3 M, having invested in BTC. On the other, Ether investment has brought the company a profit of $14.7 M. Launched in 2008, Meitu builds mobile video and photography...

Bitcoin's attempts to go up $35.000 failed. The price of the coin has lost around 6.5% in the previous 24 hours and now stands at about $32.500. Bitcoin market dominance index is 44.2% The total crypto market cap is $ 100 B down from yesterday. It stands at $1.38...

Major investment bank Goldman Sachs stated in a note to customers that the blockchain offering the most options for real use is Ethereum. The institution suggests Ether may grow into the leading digital store of value. Goldman assumes that Ether's entire market cap could get ahead of BTC in the...