From left to right, Idan Ofrat CTO/Co-Founder, Michael Shaulov CEO/Co-Founder, Pavel Berengoltz VP … [+] R&D/Co-Founder. Fireblocks On Tuesday morning Fireblocks, an Israeli-based crypto custodian focused on institutions, announced that it raised $310 million through a Series D round of funding. It gives the firm a valuation of $2 billion. In what is becoming a… More
Topline Core Scientific, one of the largest cryptocurrency miners in the United States, announced Wednesday it plans to list on the Nasdaq exchange in a deal that values the four-year-old company at $4.3 billionâthe latest sign the nation’s growing prominence as a bitcoin mining hub should only rise as longtime market leader China continues cracking… More
Topline Core Scientific, one of the largest cryptocurrency miners in the United States, announced Wednesday it plans to list on the Nasdaq exchange in a deal that values the four-year-old company at $4.3 billionâthe latest sign the nation’s growing prominence as a bitcoin mining hub should only rise as longtime market leader China continues cracking… More
The price of a single Bitcoin may be around half of what it was just a few months ago, but that doesn’t mean crypto has run its course. The reality is, cryptocurrency has always been volatile in general, and Bitcoin has still shown an upward trend since inception, albeit with plenty of bumps along the… More
A little less than a month ago, the Bitcoin miners around the world signaled enough in the affirmative to start accepting Taproot around November 12th of this year. For those who follow the price of Bitcoin and may be sitting on the sidelines, this upgrade not only is a monster but lays the foundation for… More
Ethereum, the second-largest cryptocurrency after bitcoin, has for the first time overtaken bitcoin by the number of daily active addresses on its network. Ethereum registered just over 750,00 active addresses as of Friday, some 50,000 more than bitcoin, according to crypto analytics company Santiment. Meanwhile, bitcoin’s total number of active addresses has dropped 38% over… More
Bitcoin Mining Difficulty and (1d) Mean Hashrate (5y) Screenshot – Glassnode The Bitcoin network is expected to see its largest ever negative difficulty adjustment today of over 27%, retargeting from 19.9T to ~14.4T. The retargeting is expected to occur later today (50 blocks from the time of writing). Bitcoin Difficulty Stats July 2 2021 Screenshot… More
Topline In what could potentially be another strong show of Latin American cryptocurrency adoption, billionaire businessman Ricardo Salinas Pliego, a staunch bitcoin bull heading up one of Mexico’s largest conglomerates, launched into a tweetstorm in support of the world’s largest cryptocurrency early Sunday morning and said he is working to make his Banco Azteca the… More
Chinaâs central bank has asked Ant Groupâs e-wallet Alipay and four state-owned banks to step up … [+] their clampdown on cryptocurrencies. SOPA Images/LightRocket via Getty Images Chinaâs central bank has ordered Ant Group and four state-owned banks to step up their clampdown on cryptocurrencies as Beijing intensifies its efforts to eradicate transactions involving bitcoin… More
Topline China’s cryptocurrency crackdown, which crashed markets last month, intensified Wednesday with another province ordering all crypto-mining operations to shut down just hours after popular Internet companies started censoring searches for three of the nation’s largest crypto exchanges, but bitcoin prices are skyrocketing after El Salvador’s historic adoption measureâin hopes that other countries will follow… More
Topline El Salvador has become the first country in the world to formally adopt cryptocurrency after its Congress voted overwhelmingly to approve a law classifying Bitcoin as legal tender, President Nayib Bukele said Wednesday, an initiative he hopes will boost foreign investment, improve financial inclusion and generate jobs. Salvadoran President Nayib Bukele SOPA Images/LightRocket via… More
Several technical analysts have commented on bitcoin’s recent moves. (Photo Illustration by … [+] Chesnot/Getty Images) Getty Images Bitcoin prices have been encountering some difficulty lately, falling more than 15% between yesterday and today amid a broader market sell-off. The worldâs most prominent digital currency declined to as little as $31,035.49 this morning, CoinDesk data… More
An image of Bitcoin and US currencies is displayed on a screen as delegates listen to a panel of … [+] speakers during the Interpol World Congress in Singapore on July 4, 2017. – The three-day conference on fostering innovation for future security challenges is taking place from July 4 to 6. (Photo by ROSLAN… More
El Salvador made headlines during the 2021 Bitcoin Conference, when President Nayib Bukele announced his plan and intention to adopt bitcoin as legal tender in the country. Getty getty While this bill has yet to be ratified by the Congress there are numerous implications of this action that need to be analyzed and taken into… More
Tomorrow, the U.S. Senate Banking Subcommittee on Economic Policy will be holding a hearing titled, âBuilding A Stronger Financial System: Opportunities of a Central Bank Digital Currencyâ. On October 4, 2019, Congressman French Hill (R-AR) and Congressman Bill Foster (D-IL) wrote a bi-partisan letter displaying interest in Congress that the Federal Reserve seriously consider a… More
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