The U.S. Department of Justice has charged two Russian nationals for hacking Mt Gox in 2011 and stealing over 647,000 BTC from the Bitcoin exchange.
Bitcoin has been attempting to stabilize in the lower-$11,000 region after facing a sharp sell-off yesterday that came about after yet another strong rejection at the key $12,000 region. The sell-off that resulted from Bitcoin’s attempt...
Summary: Michaël van de Poppe opined that Mt.Gox’s Bitcoin repayment process wouldn’t tank the market. The defunct exchange was scheduled to reimburse creditors over 100,000 BTC tokens starting this August but further delays emerged North of...
Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT. Nox Bitcoin has set aside BRL 620,000 or approximately $127k for the refunds. Additionally, during the...
Summary: Twitter has posted a $270 million quarterly loss in its first earnings report since Elon Musk expressed interest in buying the company. Twitter cites a weak ad market and Elon Musk’s one-eighty-degree turn on the...
Bitcoin has been facing heightened volatility over the past week, briefly dropping to lows of $7,800 before incurring a massive influx of buying pressure that sent its price back into the mid-$8,000 region. This volatility may...
Quick take: Veteran Bitcoin analyst, MagicPoopCannon, believes that once Bitcoin rises above $14k, it will challenge $20k next His analysis was a few hours before Bitcoin set a 2020 peak of $13,498 – Binance rate Bitcoin...
In brief: Bitcoin’s dominance in the crypto markets has started to fade. BTC halving hype has reduced. Therefore, traders and investors might switch their attention to other digital assets. The alt-coin market capitalization continues to steadily...
This week has been quite a tumultuous one for the Bitcoin market. As of the time of writing this, the cryptocurrency is effectively flat on the week, posting a slight loss of 1%. But this statistic...
Engineers in El Salvador have dug a new 95MW geothermal well The new geothermal well will provide renewable energy for the mining of Bitcoin This is after the country’s President requested the power company of LaGeo,...
After hitting $6,600 late last month, Bitcoin (BTC) saw a strong bounce, surging as high as $7,800 on the weekend. Since this 20% move higher, the price uptrend has subsidized slightly, with the cryptocurrency returning to...
Bitcoin Sheds 6% Over the past few days, bears have managed to wrest the wheel of the proverbial Bitcoin car from bulls. And since then, this class of investors has been driving BTC off a cliff....