To power their mining operations, Bitcoin miners either purchase electricity from conventional and renewable energy sources or develop and run their own renewable energy facilities, turning them into energy consumers. Miners typically purchase electricity from […]
The long-awaited golden cross has appeared on the Bitcoin chart. This is the first such signal in 510 days or almost 1.5 years. If history repeats itself, this lagging indicator could confirm the start of […]
Marc Andreessen – founding partner of the tech-focused VC giant Andreessen Horowitz (a16z) – is now more bullish on Ethereum and Web 3 than he is on Bitcoin, contrary to his outlook in 2014. During […]
Finland-based peer-to-peer (P2P) cryptocurrency platform LocalBitcoins is shutting down operations after serving its customers for more than 10 years. LocalBitcoins officially announced the termination of services on Feb. 9, citing the tough market conditions of the […]
In recent months, long-term holders have been accumulating BTC at a record pace. What’s more, the largest outflow of Bitcoin from exchanges in history is underway since the FTX crash in November 2022. There could […]
BitMEX co-founder and macro-market analyst Arthur Hayes is deploying his dry powder into Bitcoin sooner than previously planned, according to his latest blog post. Hayes argued that despite his fears of a future crypto market […]
Decentralized social network Damus teased an upcoming feature in its app that would allow users to earn satoshis — the smallest fraction of Bitcoin (BTC) — based on post engagement on the platform. In a […]
On Feb. 1, 2023, the Bitcoin network made history with the mining of the largest block ever recorded. The block, which contained nearly 4 million transactions, was sent out by an indie developer using the […]
American business intelligence company MicroStrategy has recorded another quarterly loss after calculating the value of its Bitcoin portfolio. According to a Bloomberg report, MicroStrategy recorded a net loss of $249.7 million, narrowed down to $21.93 […]
Dr. Craig Wright, who styles himself as the inventor of Bitcoin, is taking 16 of its developers to trial. The case could have wide-reaching implications. The Australian computer scientist and his holding company, Tulip Trading […]
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