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Bitcoin (BTC) News


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Mike Novogratz

Novogratz hopes institutional adoption of BTC will quicken

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Galaxy Digital CEO Mike Novogratz hopes institutional investors will soon start massively switching to BTC. Otherwise, we will not be able to see a new rise in the value of crypto, the businessman said in an interview. Novogratz is on the list of ardent supporters of BTC. He recently said that by...

Ryde

Ryde launches its wallet for bitcoin payments

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The Ryde Singapore-based carpooling (ride sharing) application has announced the launch of its cryptocurrency wallet, which will allow bitcoin payments for its services. Carpooling (Riding) is the sharing of private cars through online travel search services. On June 17, Ryde announced that it was...

Cybercriminals

Fraudsters steal coins of secret message service users

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Cybercriminals have formed a phishing site that personifies privnote.com, a genuine secret messaging service, to hijack users' bitcoins. On June 14, the KrebsOnSecurity website announced that the authors of privnote.com, an encrypted note service, complained about the privnotes.com clone site,...

Xrp ethereum Japan

Study: Japanese investors prefer XRP over Ethereum

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XRP became the second most popular crypto coin among Japanese investors, almost catching up with BTC. This is evidenced by a study of the local BitMax exchange. The trading platform polled 1,498 customers. The favorite cryptocurrency of 26% of respondents is Bitcoin, while Ripple was preferred by...

Bitcoin wallets record

Number of wallets with 0.1 BTC broke the 2nd record in a day

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On June 15, the number of addresses with a balance of at least 0.1 bitcoin exceeded 3 057 754 units. The previous record, 3 057 647, is also recorded today. 📈 #Bitcoin $BTC Number of Addresses Holding 0.1+ coins just reached an ATH of 3,057,754.000Previous ATH of 3,057,647.000 was observed on 15...

Bitcoin hash rate

Bitcoin hash rate has recovered to levels preceding halving

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BTC hash has almost recovered to levels that preceded halving. It was reported by the analytical company CoinMetrics. After the halving on May 11, about 30% of miners disconnected from the network, and the income of the remaining miners fell by 50%. Despite this, the CoinMetrics CMBI Bitcoin hash...

Tudor Jones investment in BTC

Fujimaki explains interest of billionaire Tudor Jones in BTC

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The former adviser of George Soros said he was "not surprised" by the investments of trader and billionaire Paul Tudor Jones in BTC, given the current monetary policy of central banks, reports Cointelegraph. Takeshi Fujimaki had close contact with Tudor Jones when he was engaged in...

MtGox Craig Wright

Craig Wright BTC address is associated with hacking of MtGox

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One of the BTC addresses, indicated by Craig Wright's lawyers as belonging to him, contains about 80 thousand BTC (~$756 million) stolen from MtGox in 2011. This was stated by the former CEO of the exchange Mark Karpeles. The 1Feex address contains ~80k BTC stolen from MtGox in March 2011. Craig...

Forbes

Steve Forbes has criticized Bitcoin's sharp volatility

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Steve Forbes, editor-in-chief of Forbes, a reputable business publication, enters the cryptocurrency industry camp. However, the same businessman systematically points out the shortcomings of bitcoin that impede its more active implementation in the global market. In one of his recent interviews,...

Binance

Binance announces quarterly Bitcoin futures launch

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Binance announced the launch of quarterly BTC futures. Since 2019, Binance has been offering futuristic futures contracts with no expiration dates. Quarterly contracts expire on the last Friday of the corresponding three-month period. Like perpetual contracts, quarterly futures are offered with...

YouTube

YouTube scammers cheated users and gained about $150,000

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Several scammers hacked into legitimate YouTube accounts and modified the content to mimic the “SpaceX channel from Elon Mask.” The Channel broadcast archived footage with Mask to ask viewers to send bitcoins to the specified addresses. Also, there were at least 80,000 views of the fraudulent...

Russia bitcoin law

Russia: Ministry of ED criticized the bill banning bitcoin

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The Ministry of Economic Development of Russia sent a letter to the State Duma criticizing a new package of bills regulating digital currencies and assets. According to Kommersant, the ministry believes that a complete ban on the issuance and circulation of cryptocurrencies, as well as the...

Bitcoin report

Report: Bitcoin's on-chain activity increased in May by 21%

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The average daily value transferred through the Bitcoin blockchain increased in May from $1.75 billion to $2.25 billion. Ethereum's corresponding figure rose from $1.49 billion to $1.66 billion. This is reported by The Block. The graph below shows that the daily moving value almost reached the...

Coinbase

Reason for Coinbase failures was a 5-fold rise in traffic

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Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...

Bitcoin mining

Bitcoin mining time drops to 7 minutes amid rising hash rate

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The activity of miners in the BTC network increased sharply after another recalculation of complexity. This is evidenced by three key indicators indicated by venture investor Alex Thorne. Over the past week, the bitcoin hash has increased by about 30%, reaching 126.5 EH/s. Thus, this indicator was...

miners sell Bitcoin

Miners are selling previously earned bitcoins to cover costs

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Faced with a decline in income after the May halving, miners again began to sell more bitcoins than they currently earn. This is stated in a new report by Arcane Research. A metric proposed by analysts called Miner’s Rolling Inventory [MRI] tracks the difference between the number of coins that...

Mining pool

Amount of computing power brought Binance pool to 11th line

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In April, the mining pool owned by the Binance team began work. The first block in the BTC network it got on April 24. That was announced by the head of the trading platform, Changpen Zhao. On the eve of Twitter, he posted a post in which he noted that Binance Pool took eighth place in the ranking...

India

A surge in bitcoin transactions was recorded in India

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Recently, the Supreme Court of India lifted the Reserve Bank’s ban on crypto services by local financial organizations. Internet users took the court decision as a relaxation of pressure on the industry and sharply increased investment in bitcoin. An inflow of capital was recorded by the Paxful...