Bitcoin

Bitcoin price soars above $61,000; breaks another all-time high.

Bitcoin continues to witness a massive winning rally as the price of the leading cryptocurrency once again broke its all-time high. At the time of writing, BTC is changing hands at $61,184, breaking its previous all-time high. Bitcoin has...

China’s Meitu acquired more Bitcoin worth $10 million.

Chinese app developer Meitu said Thursday that its wholly-owned subsidiary in Hong Kong acquired an additional 175.6 units of Bitcoin worth approximately $10 million, bringing its total purchase of the cryptocurrency to over 940 coins worth about $100 million....

Tesla’s landlord to accept bitcoin after a partnership with Gemini.

While no announcement has been made by the “Technoking” himself, news broke on April 7 regarding a partnership between Los Angeles real-estate firm Caruso Properties and the Gemini cryptocurrency exchange, founded by the Winklevoss twins. Following the partnership, Caruso will...

Bitcoin mining revenues soar after BTC posts massive gains.

According to the latest data published by crypto analytics and on-chain market analysis firm, Glassnode, Bitcoin miners have been making approximately $50 million daily on average for the last 30 days. The Glassnode report further mentioned that in 2020 Bitcoin mining...

The entire market cap of cryptocurrencies reached $2 trillion after the recent rally in altcoins.

The cryptocurrency economy reached a market cap of $2 trillion on Monday after the recent rally in altcoins. XRP remained the best-performing cryptocurrency among the top 10 after a jump of nearly 60% in the last seven days. According...

Ripple CEO clarifies his remarks about bitcoin energy consumption and rejects FUD accusation.

Earlier, Ripple CEO Brad Garlinghouse, in an interview with CNBC, had said that one transaction is equivalent to about 75 gallons of gasoline being burned while pointing to its supposed negative environmental impact. He also stated that the XRP...

Abkhazian government plans to criminalize crypto mining.

According to a report published by E Daily, the Abkhazian government revealed that it's due to present a proposal to fine crypto miners and file criminal charges against them. The plan is to set fines up to $8,000, which is a...

South Korean government sold confiscated bitcoin with $10.5 million in profits.

South Korean prosecutors have sold a Bitcoin haul they confiscated from a criminal in 2017. The stash is now worth $10.5 million more than it was at the time of the arrest. The cash has reportedly been deposited in the coffers...

Bitcoin reports best Q1 performance in 8 years.

Bitcoin price had its best Q1 since in 8 years after the digital currency gained nearly 100% in the last three months amid a surge in retail and institutional demand. Bitcoin currently has a market cap of more than...

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BitMEX money laundering trial to begin next year in March.

The BitMEX crypto derivatives platform, which has been on the business end of numerous legal cases, is set to...