Bitcoin

Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder keg” explosion from the United States banking crisis and soaring national debt.  […]

Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period. […]

The turmoil in the banking sector shows no signs of abating as another major bank faces mounting challenges. With deposit levels dropping rapidly and regulators expected to step in, the situation has only intensified in […]

Summary: Coinbase users will no longer be able to borrow up to $1 million using Bitcoin as collateral.The crypto exchange plans to shut down its Borrow program starting May 10, 2023, due to insufficient demand […]

Binance NFT marketplace is now supporting Bitcoin Ordinals, solidifying the firm’s commitment to the future of the flagship cryptocurrency. Bitcoin NFTs Make Waves The future growth of Bitcoin NFTs has just become more solid. Binance […]

Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees” for storing Bitcoin on the platform — leading to some accounts being drained […]

Summary: The average cost of sending a single transaction on Bitcoin’s blockchain soared to almost $20, its highest point since April 2021.It seems that increased demand for BTC blockchain space was triggered by heightened activity […]

The number of addresses holding 1 BTC or more has now crossed the one million mark. Glassnode’s data reveals that the number of wallet addresses holding one whole BTC or more has exceeded one million. […]

Crypto mining firm Riot Platforms – formerly Riot Blockchain – has taken legal action against Texas-based Bitcoin (BTC) miner, Rhodium Enterprises, in an effort to recover “more than $26 million” in alleged unpaid mining facility […]

Summary: A trader splurged almost $1 million buying Bitcoin Inscription #5232025 amid growing debates about congestion on the BTC network.This particular BTC Inscription holds 50,000 ORDI coins, the native asset of Ordinals Protocol which was […]