Cryptocurrency

Bitcoin Speed Bump: A Week’s Surge Crumbles In Just 20 Minutes

After hitting $43,000 last week, Bitcoin traded just below it over the weekend But the price of the cryptocurrency dropped significantly on Tuesday, reaching $41,800 Following Bitcoin’s

Bitcoin’s Difficulty Drops for First Time Since September

The latest figures reveal that on Dec 9, 2023, at block height 820,512, Bitcoin experienced a 096% decrease in its difficulty rating This decline marks the first since Sept 19, 2023, interrupting a

FTX Creditors’ Compensation In Jeopardy Following This New Development

FTX has challenged the IRS on its $24 billion tax bill claims, arguing that the agency’s “unexplained” tax debt would heavily affect its customer fund recovery efforts, potentially diverting

Bitcoin surge triggers miner sell-off

The role of Bitcoin miners goes beyond block validation — they are fundamental in shaping the market through their BTC balances Historically, these balances have been closely tied to

Do Kwon’s custody in Montenegro reportedly extended by 2 months

Terraform Labs co-founder Do Kwon’s custody in Montenegro has reportedly been extended by two months, Barron’s reported on Dec 12 According to the report, Marija Rakovic, a spokesperson

Cardano (ADA) 50% Rally Sets Stage For A Merry Christmas – Details

Cardano saw a sharp increase in market value, shooting up to a high of $061 today, to the delight of traders and investors, in light of the cryptocurrency’s past price fluctuations People in

Wikipedia Founder Bashes Bitcoin, Igniting Strong Responses From Prominent Crypto Figures

Jimmy Wales, one of the co-founders of Wikipedia, has been very clear in his opposition of Bitcoin He recently posted a critical analysis of the crypto on social media platform “X”,

Bit Origin Secures $6.74 Million for New Bitcoin Mining Facility in Wyoming

Bitcoin mining firm Bit Origin has announced that the company has secured a $674 million investment to build a new mining facility in Cheyenne, Wyoming The data center will be a new 25-megawatt (MW)

CFTC chair says most cryptocurrencies are commodities under current laws

Commodities Futures Trading Commission (CFTC) Chairman Rostin Behnam believes that most cryptocurrencies are commodities under existing laws, which need to be updated to account for technological

XRP Price Prediction: Crypto Analyst Expects 200% Jump As Critical Support Forms

Crypto analyst Egrag has provided insights into the current market conditions of the XRP price from a technical analysis perspective He highlighted a critical support level for the crypto token and
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Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation

Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency

Bitcoin Price Grinds Lower As Bears Aim For New Monthly Low

Bitcoin price struggled to settle above the $65,000 zone BTC is again moving lower and there is a risk of more downsides below $62,000 Bitcoin started another decline after it failed to surpass the

South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil

Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil According to his Brazilian wife, Steynberg

Japan’s Web3 Ambitions Hang in Balance as Political Scandal Rocks Kishida’s Leadership

Japan’s Prime Minister Fumio Kishida and the ruling Liberal Democratic Party are advocating Web3 development amid a major corruption scandal that threatens their political stability With

Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’

Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a