DeFi Bitcoin (BTC) News

The New York-based hybrid powerhouse Greenidge Generation has entered into its first regulated contract to sell computing power for Bitcoin mining. The buyer, who acquired a hash rate of 106 petaheshes, was an unnamed institutional investor. The purpose of such contracts, according to the broker...

As a result of another recalculation, the complexity of mining of BTC has grown by almost 3.5% from 13.9 to 14.4 trillion hashes. On March 26, the indicator experienced the second-largest decline in history, falling immediately by 15.95%. This was the result of a sharp reduction in the hash rate of...

Numerous crypto exchanges expect a rush in interest in bitcoin thanks to the halving (drop in the reward of miners). A recent statement from the Gemini platform notes that after halving, many people's attitudes toward cryptocurrency will change. They will see that Bitcoin technology is independent...

Paxful’s P2P platform for bitcoin trading has allowed customers to make transactions for the purchase and sale of the first cryptocurrency for physical gold. The company announced this on its blog. Site CEO Ray Youssef sees growing interest in gold as a safe investment in light of the recession...

Analyst Coinmetrics considers that the current market supply of BTC at 18.3 million coins doesn't reflect real liquidity. According to the information, 2.3M BTC is forever lost or concentrated in the hands of long-term investors. These coins did not move for more than five years. A similar...

Bitcoin Depot, the largest Bitcoin ATM operator in the US, disables some of them to prevent the spread of the COVID-19 epidemic. First of all, this applies to devices installed in places with high traffic to help to distance people in an epidemic. According to the company, about 10% of its ATMs...

The Spanish Tax Agency will send notifications to taxpayers who carry out operations with cryptocoins. The agency noted that over the year their number has quadrupled. This is reported by Europa Press. For the first time, Spanish crypto investors received notifications from the tax last year, their...

The trading volume on standardized crypto derivatives on the background of the rise of BTC to the psychological level of $7000 reached a maximum since mid-March. As a result of trading on Thursday, April 2, the volume of trading in BTC futures at the CME Group amounted to $347 million. At Bakkt,...

Whale Alert Twitter account recorded the transfer of an immense amount - 101,857 BTC ($ 691.3 million at the exchange rate at the time of writing). 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 101,857 #BTC (633,535,530 USD) transferred from unknown wallet to unknown walletTx:...

Mining device manufacturers cut prices ahead of the halving of the first cryptocurrency. In some cases, the cost of miners dropped by 20%. Another reason was the March market crash. MicroBT now has a $2,000 price on WhatsMiner M30S model, while in early February it was $500 more expensive. The...

A sharp drop in the price of Bitcoin against the backdrop of global panic due to coronavirus has reduced activity in the darknet markets. This is stated in the report of the analytical startup Chainalysis. According to researchers, the fall in the price of BTC had a different effect on various...

One of the main reasons for the collapse of the Bitcoin exchange rate to $3,800 on March 13 was the mass liquidation of the positions of traders, Coinbase said in its official blog. Its analysts are confident that customers at various sites used high margin leverage, the forced closure of which...

The vast majority of assets have shown a significant drop since the onset of the massive coronavirus pandemic. Bitcoin and Ethereum were among the outsiders, said Larry Cermak, an analyst of The Block. S&P 500 is down 25% since the peak but what about all the other indices, sectors and...

Well-known trader and analyst Peter Brandt believes that the global crisis caused by the coronavirus pandemic is crucial for Bitcoin and the cryptocurrency industry as a whole. For BTC, this is the perfect storm.If Bitcoin cannot rally on this, then crypto is in BIG trouble.— Peter Brandt...

The popularity of altcoins on Twitter has fallen significantly amid bearish sentiment in the market. In particular, this is evidenced by the data of the analytical service BitinfoCharts, writes Cointelegraph. So, the number of mentions of coins like Ethereum, Litecoin, and XRP is approaching a...

Interest in the supply of Bitcoin futures offered by the Bakkt crypto platform is growing again. So, during March, the volume of transactions with settlement in the first crypto coin increased by 44% compared to the previous month. Physical #BTC delivery on @Bakkt increased 44% in March, although...

The current economic crisis will favorably affect Bitcoin and allow it to reach $20,000 within a year. This is stated in the appeal of Pantera Capital crypto hedge fund CEO Dan Morehead to investors, writes The Daily Hodl. Morehead noted the large-scale impact of the crisis on the global economy,...

The recent sharp drop in the price of bitcoin has forced miners to disconnect some of the equipment. That led to a 60% increase, in the time spent on average finding a new block. Such data were cited by Ankit Chiplunkar, a leading researcher at TokenAnalyst. 1/4) Bitcoin prices fell by 50% in the...