Bitcoin

Mt. Gox Moves 140,000 Bitcoin in Just 3 Hours According to CoinMarketCap, Bitcoin‘s price surged to $64,900 this morning before plummeting to $62,500. This sharp decline is attributed to the massive movements by the Mt. Gox exchange. Within a span of just 3 hours, Mt. Gox, which is currently engaged in reimbursing funds to its…

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 trillion U.S. debt is stirring fears of a collapse, with Bitcoin and other cryptocurrencies gradually…

The atmosphere is charged with uncertainty. Not more than an hour ago, Donald Trump survived an assassination attempt. Bafflingly, some media outlets refer to this assassination attempt as an “apparent attack” or an “incident.” Indeed, very baffling. Trump Survives Assassination Attempt at Pennsylvania Rally On Saturday, July 13, former President and Republican presidential candidate Donald…

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 followed the return of some previously transferred BTC to the government’s Bitcoin wallet. According to…

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 tedious and confusing for new users. In this article, we explain how long Bitcoin takes…

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 the Web (Web 1.0, Web 2.0, and Web 3.0), highlighted how each stage faced skepticism…

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 February lows this Friday caused a wave of panic among investors. Similarly, the FUD (fear,…

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 medium-sized miners to capitulate. Miners’ Daily Rewards and Market Conditions The daily reward for miners…

Comprehensive Guide to Cryptocurrencies: Essential Insights and Trends Cryptocurrencies have fundamentally transformed the financial landscape, presenting new avenues for investment and technological advancement. With a plethora of digital assets available, it’s crucial for both veteran investors and newcomers to understand the intricacies of this market. This comprehensive guide delves into key aspects you need to…

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 million. The transfer included approximately ₿1500, distributed among wallets on Kraken, Coinbase, and Bitstamp exchanges.…