Texas takes the cake in U.S. Bitcoin mining, here’s how
contributor Posted: September 28, 2023 The state’s meteoric rise was propelled by affordable energy prices and a welcoming regulatory environment. It further gained momentum after...
Tag : bitcoin
Bonds Out, Bitcoin In? Bloomberg Analyst Predicts Major Shift
In a comprehensive evaluation of global market dynamics, Bloomberg Intelligence analyst and Chartered Market Technician (CMT) Jamie Coutts has opined on the shifting sands of...
Bitcoin Recent Hiccup: Understanding The Invalid Block
Bitcoin miner Marathon Digital found itself in the spotlight when it inadvertently mined an invalid block at height 809478 on the Bitcoin mainnet. The blunder...
Bitcoin miner income is on the decline despite rising network fees – why?
Journalist Posted: September 28, 2023 Bitcoin’s network fees have increased significantly since the launch of Inscriptions and Ordinals in February. However, miners’ income from the...
Bitcoin: Of low volumes and the future of HODLers
Journalist Posted: September 27, 2023 Bitcoin faced declining trading volumes amid a price correction and ETF approval delays. Whales continued to accumulate Bitcoin, signaling long-term...
Is Bitcoin falling out of favor in the U.S.?
Journalist Posted: September 27, 2023 The number of Bitcoins held in U.S.-based wallets have declined steadily since 2022. BTC’s price consolidation in the past few...
SEC Postpones Decision On ARK 21Shares Bitcoin ETF Earlier Than De…
Key Takeaways: The Securities & Exchange Commission has delayed reviewing ARK 21 Shares Spot Bitcoin ETF. The SEC had an earlier deadline of Nov. 11,...
U.S. Congress and SEC put “Bitcoin on the spot” over ETFs- How?
The Congress asked for immediate approval while the SEC delayed its decision. Bitcoin could drop as low as $24,800 due to potential sell offs. Some...
FTX Files US Bankruptcy Proceedings, Sam Bankman-Fried Steps Down as CEO
Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that...
US Congressmen Demand SEC Chief Gary Gensler Approve Bitcoin ETFs …
Key Takeaways: Four US Congressmen have demanded that the SEC approve a Bitcoin ETF The lawmakers have written a letter to SEC Chief Gary Gensler...