MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below…
Mining giant is forced to sell-out 79% of BTC to pay debt
One of the top crypto mining companies, Core Scientific, sold 79% of its Bitcoin holdings in June to survive the…
Prince of Serbia claims unnamed Arab nation on the verge of adopting Bitcoin
Prince Philip Karadjordjevic of Serbia said Bitcoin and Sharia Law are conceptually compatible before teasing the prospect that an Arab…
Bitcoin spikes above $22,500, but odds are it’s a fakeout
Bitcoin’s (BTC) price spiked to $22,500 in the early hours of July 8, prompting calls of a bullish revival from…
Tether reveals how it returned funds to Celsius following liquidation
On June 15, Paolo Ardoino, CTO of Tether and Bitfinex, disclosed that Tether had liquidated a loan given to Celsius…
Will release of $3B Bitcoin from Mt Gox cause market bottom in August?
137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. Gox…
The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts
Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of…
Bitcoin holders should expect further price decline says Glassnode
Bitcoin (BTC) investors should still expect a further dip in the price as the bottom is yet to form fully,…
European Central Bank hints at PoW-based crypto ban by 2025
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in…
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin (BTC) hashrate dropped to as low as 159.41 exahashes per second (EH/s) on July 13, its lowest in five…
