Tag: news.bitcoin
Blockchain
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
This week, the Japanese yen plummeted to its lowest point since 1990 against the US dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States
Blockchain
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
On Friday, Bitcoin’s hashprice was $5695 per petahash per second (PH/s), but by Sunday, it had dropped to $5166 per petahash Over the last 100 blocks, bitcoin miners averaged about 355 BTC for
Blockchain
Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review
JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency Former FTX CEO Sam Bankman-Fried has agreed to
Blockchain
Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days
The Naira recently depreciated by 12% in just seven days, thus shedding all the gains it made against the US dollar in early April Local media reports attribute the volatile naira’s latest drop to
Blockchain
FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services
The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with US anti-money laundering laws The agency
Blockchain
Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression
Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the US economy is currently in a depression He points to the subpar economic growth, with a 34% increase in GDP for Q4 2023
Blockchain
Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment
In a decisive move, Zksnacks announced on Saturday that it will block all US residents and citizens from accessing its bitcoin mixer, Wasabi Wallet This policy change comes as US authorities
Blockchain
Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet
After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in
Blockchain
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0056 per terahash per
Blockchain
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than
Blockchain
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
In the wake of a turbulent period for US banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank The Federal
Blockchain
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27 Despite this dip, the Crypto Fear and Greed Index remains
