Bitcoin news

One evening this spring, Strike CEO Jack Mallers was eating at a sushi restaurant in San Salvador with a couple of his friends when he got a strange DM on Twitter. It purported to be the brother of El Salvador’s president, saying they wanted to talk to Jack about the sudden growth of his app […]

Bitcoin continues to squeeze into a tight consolidation range of low-$30,000s as inflation hits a … [+] 13-year high AFP via Getty Images Bitcoin continues to squeeze into a tight consolidation range of low-$30,000s, trading at $32,511, more than 4% down on the week, as of 7:10 a.m. ET, according to crypto data aggregator COIN360. […]

Soaring bitcoin and cryptocurrency prices this year, making crypto a more-than-$1 trillion market, have attracted a wave of cyber criminals. Bitcoin-demanding ransomware attacks and social media-based crypto scams have become commonplace as a sudden influx of new users pour billions of dollars into digital assets (subscribe now to Forbes‘ CryptoAsset & Blockchain Advisor to get […]

Chamber of Digital Commerce President Perianne Boring says the sale shows ‘the ideal use of cryptocurrencies and its underlying technology of blockchains for payments,’ noting it’s more efficient and secure.  Bitcoin traded lower by 3% early Wednesday morning. The price was around $31,948 per coin, while rivals Ethereum and Dogecoin were trading around $1,900 and […]

The cryptocurrency bitcoin now uses up more electricity a year than the whole of Argentina, according to recent estimates from the University of Cambridge. That’s because the creation of a bitcoin, in a process called mining, is achieved by powerful computers that work night and day to decode and solve complex mathematical problems. The energy […]

Bitcoin prices have been trading range-bound for several weeks. (Photo by INA FASSBENDER / AFP) … [+] (Photo by INA FASSBENDER/AFP via Getty Images) AFP via Getty Images Bitcoin prices have been trading within a reasonably well defined range, a state they have continued to experience for several weeks. The world’s most prominent digital currency […]

Bitcoin (BTC) decreased considerably on July 13, resuming the descent that began the previous day and hit a low of $32,202. So far, BTC has continued moving downwards in the early hours of July 14. However, it’s rapidly approaching a confluence of support levels. BTC trading range BTC is still trading inside the range of […]

Topline The value of major cryptocurrencies—including bitcoin, ethereum, cardano and ripple—fell Wednesday after China’s Anhui province announced sweeping plans to ban cryptocurrency mining, the latest region to block the power-hungry practice as Beijing intensifies its crackdown on the industry. Bitcoin mining is an energy intensive process. getty Key Facts Bitcoin fell roughly 4% Wednesday morning […]

PARIS, FRANCE – APRIL 13: In this photo illustration, a visual representation of the digital … [+] cryptocurrency Bitcoin is displayed in front of the Coinbase cryptocurrency exchange platform logo on April 14, 2021 in Paris, France. Coinbase, America’s leading cryptocurrency exchange, arrives on Wall Street on Wednesday April 14 as part of a ‘direct […]

An analyst who predicted the bitcoin mid-May price slide says the cryptocurrency’s current range play is likely to be resolved on the higher side. “The consolidation phase itself is neutral, but we think a breakout is more likely than a breakdown,” Katie Stockton, founder and managing partner of Fairlead Strategies, said in a research note […]