The price of bitcoin surged Wednesday morning after the U.S. Department of Labor released data showing a sharp rise in the price of consumer goods—stoking investor fears about mounting inflation. …
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Bitcoin (BTC) touched $68,600 for its new all-time high; Cardano soars 12%
It took bitcoin less than three weeks to break its own ATH of $67,000 and set a new one at nearly $69,000. Ethereum followed suit and painted a new record …
MoreChina-based Bitmain is set to launch a new Bitcoin miner with a touted hash power of 150 TH/s
China-based Bitmain, the world’s largest Bitcoin mining equipment manufacturer, is set to launch a new, more efficient Bitcoin miner, a source familiar with the matter told The Block. The miner …
MoreAccording to this Glassnode indicator, Bitcoin (BTC) is undervalued in the long term
Bitcoin is considered historically undervalued according to the Glassnode Network Value to Transactions Signal indicator, which is now significantly lower than in January this year. The most recent spike in value settlement took …
MoreDorsey sticking to Bitcoin (BTC), no new cryptos planned for Cash App
Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the …
MoreBitcoin’s price continues to consolidate above $60,000. Bulls eye this target on breakout
Bitcoin’s price continues its near-term pullback consolidation, but $60K is holing up nicely, which is a positive signal. If this level fails, we could see downside momentum towards $58.3K to …
MoreNYC Mayor-elect Eric Adams wants New York to have cryptocurrency
A day after winning election to be New York City’s next mayor, Eric Adams told an interviewer he wanted to “look at what’s preventing the growth of Bitcoins and cryptocurrency …
MoreGrayscale Bitcoin ETF commission will potentially take place on December 24
Grayscale has filled form 19b-4, which has been noticed by the SEC. This means that the countdown for the future hearing has begun, according to ETF Hearsay. According to the Notice of Filing, within …
MoreMiami’s pro-crypto mayor will become the 1st US politician to take his salary in Bitcoin
Francis Suarez – the pro-crypto mayor of Miami – vowed to receive his next paycheck entirely in bitcoin. Thus, he can become the first American politician to be paid in …
MoreGoogle has invested $1 billion in Bitcoin futures provider CME Group
CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. …
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