Bitcoin Rejected at $40K, Nexo Soars 15% on Binance Listing (Market Watch)
Bitcoin tried its hand at $40,000 yesterday but was quickly stopped in its tracks and now sits below it. ApeCoin went on to register yet another all-time high amid the…
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Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder
The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate transactions, is a pioneering concept that, in fact, pre-existed Bitcoin. But it is often criticized due to its…
Fidelity Allows BTC in 401k, BlackRock’s Blockchain ETF, Musk’s Twitter Saga: This Week’s Crypto Recap
The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level,…
Bitcoin Faces Sharp Rejection at $40K, Here’s the Level to Watch (BTC Price Analysis)
BTC’s price was unable to reclaim the significant psychological level of $40K and was rejected rather convincingly by the bears. Here are the next important levels to consider. Technical Analysis…
Finland Intends to Donate Confiscated Bitcoin to Aid Ukraine (Report)
The Finish government will reportedly donate some of its seized bitcoin holdings to support Ukraine’s efforts in its war with Russia. Over the years, the Scandinavian country has confiscated nearly…
Bitcoin Mining Difficulty Hits Record High
The mining difficulty of the world’s largest cryptocurrency, Bitcoin has reached a lifetime high of 29.79 trillion. Bitcoin has withstood an onslaught of sellers as it calmly rose to $39k…
Bitcoin Eyes $40K, BAYC’s ApeCoin Soars 8% to New ATH (Market Watch)
After charting a new six-week low beneath $38,000, bitcoin reacted well and added almost $2,000 in 24 hours. A few altcoins have also recovered some ground following the latest correction,…
Riot Blockchain To Build a Private Electricity Station For its Bitcoin Miners
Bitcoin mining is a very energy-intensive activity, but that won’t be a problem for Riot Blockchain Inc. This U.S. mining company decided to create its own electrical substation in Texas…
El Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)
According to the American non-profit organization – the National Bureau of Economic Research (NBER) – the majority of El Salvadorans (60%) have not downloaded the Chivo Wallet (a feature that…
Bitcoin is the Perfect Asset for Retirement, Says Michael Saylor
Following Fidelity’s move to offer Bitcoin as part of its retirement 401(k) accounts, MicroStrategy CEO Michael Saylor opined that the digital asset is a perfect fit for retirement, even better…
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