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bitcoin news
The debt ceiling has been raised by the House, but Larry Fink suggests that trust in the US dollar is diminishing, potentially benefiting Bitcoin.
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Addressing recent network congestion and high fees on the Bitcoin blockchain may be possible through the implementation of zero-knowledge proofs, according to a recent CoinTelegraph article.
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Crypto Mining Stocks: The Success of Crypto Mining Stocks Cryptocurrency mining stocks showed outstanding performance last week, ranging from a substantial 38% gain to a remarkable 101% gain Month-to-Date (MTD). Stocks like RIOT, HIVE, BITF & MARA, specializing in cryptocurrency mining, are profiting from reduced energy costs and Bitcoin’s bullish surge above $20K USD. Cryptocurrency...
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Bitcoin Mining Industry Reaches 59.5% Sustainable Energy The global Bitcoin mining industry had a sustainable electricity mix of 59.5% during Q2 of the year, or a marginal increase compared with Q1, according to the latest quarterly survey conducted by the Bitcoin Mining Council.   The latest Q2 report also details how energy efficiency among Bitcoin...
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Why is The BTC network hash rate still so High? Firstly, an increase in the BTC hash rate means more mining power is being added to the Bitcoin network. Whenever new miners join the network, the mining difficulty increases. This is due to a mechanism implemented on the Bitcoin network which ensures 1 block is...
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The First Bitcoin ETF in Australia: A Game-Changer for Investors After many months of industry consultation, in November of 2021, the Australian Securities and Investments Commission (ASIC), approved long awaited Bitcoin and Ethereum exchange-traded funds (ETFs).   In doing so, ASIC has provided the best-practice requirements and guidelines for those issuing Bitcoin or Ethereum ETFs,...
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Crypto Mining Industry at Bitcoin Miami At Bitcoin Miami, a significant spotlight was on the Crypto Mining Industry, marking it as a central theme throughout the four-day event. Held from April 6th to 9th, the conference served as a gathering point for cryptocurrency enthusiasts aiming to bolster Miami’s standing as a pivotal hub for blockchain...
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State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona In the last 24 hours, state Senator Wendy Rogers, a Republican, has introduced a bill in Arizona that would make Bitcoin legal tender in the state.     This follows another Republican, Don Huffines, a current candidate for Texas governor, exclaiming he would indeed...
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Bitcoin ATH and the ETF Influence: Unpacking BTC’s Record Surge Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition of Bitcoin ATH from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence…...
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1 BTC Mining What does is cost? 23rd September 2021 Before we get into the juicy information, let’s first take a look at the current market conditions. BTC Fundamental & Technical Update The negative economic news coming from China has weighed on all financial markets this week, including 1 BTC. Risk assets declined due to...
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