Tag: news.bitcoin
Blockchain
BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin Longs in Derivatives Shake-Up
On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 am EDT The latest downturn has led to the liquidation of about $3479 million in bitcoin
Blockchain
House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto
The US House of Representatives has passed HJ Res 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets The resolution seeks to
Blockchain
New Crypto to Watch: 99Bitcoins Token Raises $1M and is Offering $99K BTC Airdrop
Every once in a while, a new crypto project makes investors sit up and pay attention That’s exactly what’s happening with 99Bitcoins Token (99BTC) right now The project has raised over $1 million
Blockchain
TRUMP and BODEN Coins Soar Following Trump’s Crypto Endorsement and Critique of Biden
Following the recent crypto endorsement by former US President Donald Trump, and his criticism of current President Joe Biden, the value of the two meme coins linked to these political figures —
Blockchain
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s
The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year Additionally, the network’s total hashrate fell below the 600 exahash
Blockchain
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Blockchain
Trump Attacks Biden’s Crypto Awareness, Says ‘Biden Doesn’t Even Know What It Is’ at NFT Gala
Former US President Donald Trump convened with enthusiasts of his non-fungible tokens (NFT) collection on Wednesday and announced to the audience his decision to accept cryptocurrency for campaign
Blockchain
Genesis Digital Assets to Launch Flare Gas Powered Bitcoin Mining Site in Argentina
Genesis Digital Assets, a leading digital miner, has partnered with YPF Luz, an Argentine power company, to receive power from a flare gas installation to operate a bitcoin mining site in Argentina
Blockchain
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution The project tested
Blockchain
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $2107 million, a stark contrast to the net loss of $04 million
Blockchain
Macquarie Bank to Go Cashless as the Banking Sector Shifts to Digital-Only in Australia
Macquarie Bank, one of the largest banks in Australia, will not allow its customers to deposit or withdraw cash or cheques from its office branches starting this month The move comes as the bank goes
Blockchain
Revolut Launches Stand-Alone Crypto Trading Platform in the UK
Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a
