ZachXBT has uncovered that the recent $305 million hack of DMM Bitcoin, a Japanese cryptocurrency exchange, might be the work of the Lazarus Group, known for its North Korean ties. ZachXBT observed that the way the stolen funds were being…
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Janet Yellen Admits U.S. Dollar Collapse Fears as Trump Boosts Bitcoin for $4 Trillion Surge
Janet Yellen Acknowledges Significant U.S. Dollar Collapse Concerns as Trump Prepares Bitcoin for a $4 Trillion Surge U.S. Treasury Secretary Janet Yellen has discreetly highlighted that countries worldwide are starting to move away from the U.S. dollar. The mounting $34…
German Government’s Bitcoin Holdings Plunge to 5,800 BTC After Major Sales
The German government has drastically reduced its Bitcoin holdings, with the current balance standing at 5,800 BTC after selling 88.4% of its original 50,000 BTC. On July 12, the German government resumed the sale of its Bitcoin assets. This move…
How Long Does Bitcoin Take to Send? Understanding Transaction Times
How Long Does Bitcoin Take to Send? Understanding Transaction Times If you’ve used modern digital wallets like PayPal or Cash App, you’re likely accustomed to instant online transactions. However, Bitcoin transactions can take significantly longer to confirm, which can be…
Bitcoin: The Missing Puzzle Piece for the Internet
Bitcoin: The Missing Puzzle Piece for the Internet During the Talent Land España 2024 event, Ángel Pardo presented an innovative perspective on technological evolution and Bitcoin’s impact on the digital ecosystem. Pardo, who has witnessed the three major phases of…
Bitcoin Remains Stable Within Previous Cycles Despite Recent Drop
Despite Friday’s significant drop, Bitcoin’s price remains aligned with the behavior of previous cycles. This is a highly positive sign, providing a clear understanding of the current pullback of the leading cryptocurrency. The drop of the pioneering digital currency to…
Bitcoin Hashprice Hits Record Lows: Impact on Miners
Bitcoin Hashprice Hits Record Lows: What You Need to Know The reward for Bitcoin miners per terahash per second (TH/s) per day, known as the “hashprice,” has reached historic lows. A perfect storm of factors is forcing many small and…
German Government Transfers $94M in Bitcoin to Exchanges
German Government Transfers $94M in Bitcoin to Exchanges The German government’s disengagement from cryptocurrencies is progressing rapidly. A recent transfer of Bitcoin to centralized exchanges has raised alarms among users, suggesting a potential sell-off. This latest move amounted to $94…
Mining 1 Bitcoin: Time, Cost, and Realistic Expectations
Hypothetically, mining 1 Bitcoin could take around 10 minutes. This is because a new block is added to the Bitcoin blockchain, releasing the associated block reward, approximately every 10 minutes. However, in reality, mining 1 Bitcoin in a reasonable timeframe…
Bitcoin vs Gold: Which Investment Yields Higher Returns?
It’s been a remarkable time to be a Bitcoin (CRYPTO: BTC) holder. Since the start of 2023, the leading digital asset has surged 307%. The approval of spot exchange-traded funds (ETFs) and the upcoming halving in April were recent catalysts.…
Bitcoin to Reach $500,000 by Decade’s End as ETF Demand Soars, Says Bernstein
The price of bitcoin is expected to skyrocket to $500,000 by the end of the decade, according to a recent report from Bernstein. In an initiation note on MicroStrategy stock, Bernstein analysts Gautam Chhugani and Mahika Sapra predict that bitcoin…
$1 Billion in Bitcoin Just Moved from Coinbase — Are Whales Making Massive Purchases?
A significant Bitcoin whale has just transferred $1.06 billion worth of Bitcoin from its Coinbase account. The notable transaction occurred as the price of the leading digital currency fell below $67k recently, marking a -4.31% change over the past day.…
Paraguay Stretches Bitcoin Mining Support To Boost Economic Growth
Paraguay has taken the initiative to sell surplus hydro-energy to Bitcoin miners, boosting economic growth while balancing the need for regulatory oversight to effectively manage the sector. Paraguay has made a significant step in leveraging its abundant hydro-energy resources to…
Bitcoin Call Options Signal Investor Optimism for Breaking $74,000 Barrier
Data on bitcoin options’ open interest suggests a bullish outlook for the price of the world’s top cryptocurrency. Many bitcoin enthusiasts are speculating that the price of bitcoin, the largest digital currency, could surge beyond $74,000 this month, according to…