Texas is about to usher in a winter blizzard. In order to avoid a repeat of last year’s tragic power outage, the Texas-based bitcoin miner Riot Blockchain announced that it will voluntarily shut down from the 2nd to save electricity.
Author: WebsCrypto
On February 3, the debate between Bitcoin and gold continued. Goldman Sachs commodities team expects the precious metal to gain the upper hand in 2022 as market volatility increases.
JPMorgan Chase sent an investment report to clients this week, pouring cold water on bitcoin and ethereum investors and detailing what the investment bank believes is the biggest challenge BTC and ETH are facing right now.
According to reports, the Diem Association, a digital currency project, issued a statement confirming the sale of its intellectual property and other payment network-related assets to Silvergate Bank, a California-based chartered bank.
“We’re not interested in selling virtual sneakers for 10 euros,” Bernard Arnault, chairman and chairman of French luxury giant LVMH Group, said on a conference call releasing its 2021 results.
The International Monetary Fund (IMF) has urged El Salvador to drop bitcoin as legal tender, according to a statement on Tuesday.
On Tuesday, local time, McDonald’s responded to Tesla CEO Musk on social media, saying that it wants us to accept Dogecoin unless Tesla accepts Grimacecoin.
Fidelity strategists are revising their 2022 outlook for bitcoin after it fell below the pivotal $40,000 level.
The recent performance of the cryptocurrency market represented by Bitcoin is almost the same as that of the US stock market.
Bitcoin ‘experiment’ is reportedly a bad deal for El Salvador.
Since the beginning of 2022, Bitcoin has stumbled below $36,000. On January 23, the price of Bitcoin once fell below $35,000 per piece, creating a new low since September 2021.
Last Friday, El Salvador announced the purchase of another 410 bitcoins as the price of the currency continued to fall.
OpenSea, a popular non-fungible token NFT marketplace, has hit a new all-time high in monthly ethereum trading volume, soaring to the $3.5 billion mark, according to data from Dune Analytics.
New York City’s new mayor, Eric Adams, said on Thursday that his first paycheck will be in bitcoin (BTC) and ethereum (ETH).
Bitcoin fell below $36,000 for the first time since July last year, a drop of nearly 50% from its November 2021 high.
Michael Saylor, founder and CEO of MicroStrategy, the world’s largest publicly traded company holding bitcoin, reiterated Thursday that he would never sell any of his bitcoin holdings.
Ethereum’s market share in the NFT space is shrinking due to network congestion and high gas fees, JPMorgan said in a report.
Even with Bitcoin’s recent 40% slump, MicroStrategy’s Michael Saylor says his multibillion-dollar bet on the world’s largest cryptocurrency will never back down.
On Jan. 21, Bitcoin fell nearly 5% to $39,328, its lowest level since Aug. 5, 2021.
In its latest report, banking giant JPMorgan Chase said that Ethereum’s high gas fees and network congestion pose a huge risk to smart contract platforms.