Ethiopia is emerging as a fast-growing Bitcoin mining hub, with local miners already consuming 600MW of power and more capacity expected to come online this year.
A Russian investigator received a 16-year prison sentence for accepting a record-breaking $73 million Bitcoin bribe from criminals he was investigating, allowing them to keep half the funds while moving the rest to his own wallets.
He will serve probation at a Las Vegas senior care facility. If he leaves, he will be required to wear a monitoring device.
The US government's custody of 69,370 Bitcoins seized from Silk Road has triggered market speculation, with Peter Schiff taking jabs at Michael Saylor.
The cryptocurrency markets remained relatively calm throughout the past 24 hours as HBO's "discovery" was met with skepticism.
staking Bitcoin protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked (TVL) and attracting 25.31K stakers after lifting the cap on its second staking round. This significant increase in participation underscores strong investor confidence and robust demand within Babylon's decentralized finance (defi) ecosystem.
The volume of on-chain transactions involving Bitcoin surged recently, reaching an astounding $37.4 billion in just one day. This is the largest increase since March 12.
As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric's importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend means for investors.
The bankrupt crypto exchange, FTX, is preparing to return over $12 billion to its creditors. This payout plan is raising hopes for a possible shake up in the crypto market. FTX owes around $11.2 billion to its creditors. However this amount will rise as the exchange also has to provide interest oven investments.
With Bitcoin (BTC) consolidating below its 2021 high of $69,000, veteran cryptocurrency analyst Bob Loukas believes the leading digital asset is on the verge of its most explosive stage yet.
BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.
Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.
The flows from both spot Bitcoin and Ether ETFs on Tuesday suggest that unstable Bitcoin prices may have swayed investors.
With a trillion dollars worth of industry, the cryptocurrency space is full of controversies, mysteries, and secrets, but, the new HBO documentary is about to solve the biggest controversy. With this HBO Bitcoin documentary, the creators are revealing the face of anonymous Satoshi Nakamoto.
Bitcoin (BTC) price is on the precipice of major volatility in the near term after consolidating in the past seven months. Despite the daily death cross between the 50 and 200 Moving Averages (MA), the flagship coin has held above crucial support levels in the recent past.
Bitcoin's prospects for a bullish Q4 remain intact, despite recent market turbulence stemming from escalating tensions in the Middle East and robust U.S. jobs data.
Bitcoin's recent price dip of nearly 10% has stirred various reactions among traders and analysts alike. According to a report released by analysts at Bitfinex on October 6, this pullback is not a sign of weakness but rather a “healthy realignment” that may ultimately lower the risk of a more catastrophic drop in the coming days and weeks.
Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation.
According to a report by Olga Kharif for Bloomberg, a new HBO documentary, “Money Electric: The Bitcoin Mystery,” explores the origins of Bitcoin and suggests that Canadian software developer Peter Todd might be the mysterious Satoshi Nakamoto.
Marat Tambiev, a former chief investigator for the Investigative Committee of Russia, was sentenced to 16 years in prison for accepting a bribe of 1,032 BTC (around $65M).
The identity of bitcoin's inventor has been a mystery, but the creator of a new HBO documentary says he may have uncovered the person's true identity.
Billy Markus, who created a Bitcoin parody called Dogecoin together with Jackson Palmer in 2013, has commented on the likely effect of the "Money Electric: The Bitcoin Mystery" documentary that was released by HBO earlier today.
A large Bitcoin whale has accumulated an additional 750 BTC, despite facing substantial unrealized losses on their existing holdings. The $46.8 million purchase was shared by Lookonchain.
Why do some believe Nick Szabo is Bitcoin's inventor, Satoshi Nakamoto?
Bitcoin has experienced a rise of 8.01% in the last three months; notably, in the last 30 days alone, it has witnessed a growth of 13.9%. Currently, the BTC market is trying to recover from the fall it suffered on the first day of October due to the Israel-Iran crisis.
The neutral fear and greed index? An opportunity for those who prefer smart buying over depressing plunges!
The world's largest Bitcoin conference kicks off today in Amsterdam, featuring speakers like Jack Mallers and Adam Back. Watch the live stream as European Bitcoin leaders discuss its future.
A large crypto whale decided to accumulate more Bitcoins despite standing in a huge loss as the asset's price remains below $63,000.
Bitcoin price (BTC/USD) stabilises around the $62,000 support level, showing resilience amid recent market fluctuations. An ascending trendline on the 2-hour chart provides strong technical support while traders closely monitor for potential moves.
A widely followed crypto analyst believes Bitcoin (BTC) is poised for one more liquidation event before sparking a fresh bull run. Trader Justin Bennett tells his 112,400 followers on the social media platform X that Bitcoin's heatmap suggests that BTC bulls have piled up long positions at $57,000.
RedStone Oracles, a key provider of blockchain data services, has introduced staking oracles specifically for BTC, allowing users to stake Bitcoin in exchange for liquid-staking tokens (LSTs).
HBO's documentary Money Electric: The Bitcoin Mystery raised a few eyebrows by suggesting that Bitcoin core developer Peter Todd may be Satoshi Nakamoto.
Bitcoin (BTC) is hovering around $62,000, caught in a temporary balance between bullish and bearish forces. Data indicates that Bitcoin is still under selling pressure from US institutional investors.
The speculations behind the creator of Bitcoin are not new and hence the identity of Bitcoin's elusive creator, Satoshi Nakamoto, has been one of the greatest mysteries in the crypto world.
Bitcoin is in a good buying zone for long-term investors, according to the Rainbow Chart.
Economist and Bitcoin critic Peter Schiff, known for teasing Michael Saylor, just shared an unexpected view on Bitcoin. In a surprising twist, he humorously said that MicroStrategy's CEO should seize the opportunity to buy up the 69,370 BTC the U.S. government is preparing to sell. U.S. Government to Sell $4.3 Bln in Bitcoin The U.S.
Cryptocurrency Market Today: The global cryptocurrency market saw a slight dip today, with a 0.28% decrease in total market cap, now at $2.17 trillion. Meanwhile, 24-hour trading volumes fell -11.09% to $69.42 billion. The Fear & Greed Index stays at 42, indicating neutral market sentiment as investors await new developments.
Recent reports suggest that the US government finally has custody of 69,370 Bitcoins, worth $4.38 billion, seized from the Silk Road dark web marketplace. This has got many crypto enthusiasts to question what if the US government triggers a sell-off similar to Germany's this year in July.
The tech company MicroStrategy, known for its massive investments in Bitcoin, has just achieved an exceptional stock performance. According to a recent report, its stock recorded a staggering gain of 1,208% since 2020, far surpassing Bitcoin's rise of 445% during the same period.
Spot bitcoin ETFs experienced $18.66 million in net outflows on Wednesday, with Fidelity's FBTC recording $48.82 million in outflows.
A compelling expose could have impacted bitcoin and the broader market's prices, but the crypto community is largely brushing off HBO's hyped documentary.
The bitcoin market is currently experiencing a rather striking trend: bitcoin reserves on exchange platforms are at historically low levels. While the #1 cryptocurrency by market capitalization hovers around $62,300, Bitcoin reserves are dwindling, fueling speculation about the potential consequences of this development for the entire sector.
With the new integration, Coinbase users can send Bitcoin to Taproot addresses, joining platforms like OKX, Binance, and Kraken.
The U.S. Supreme Court has concluded a lengthy legal dispute surrounding 69,370 Bitcoin seized from the notorious Silk Road dark web marketplace. These bitcoins, valued at approximately $4.4 billion, are now set to be auctioned off by the government.
The enigma of Bitcoin's creator, Satoshi Nakamoto, has baffled the world for years. With billions of dollars and the future of digital finance potentially tied to this anonymous figure, any attempt to unmask Nakamoto is met with intrigue and skepticism.
On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin's price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new post on X, CryptoQuant author Axel Adler Jr talked about the recent trend in the Bitcoin Unspent Transaction Output (UTXO) Supply in Loss indicator.
Bitcoin's price movements are attracting significant attention and it has recently experienced a short squeeze, with price fluctuations that have liquidated several short positions. According to analyst Josh of Crypto World, currently, the price is approaching a critical area of resistance located between $64,100 and $64,500.