Did you know that the Bitcoin mining process can utilize nuclear power? Terawulf, an American Bitcoin mining operations company, announced that they have built the first nuclear-powered Bitcoin mining facility in the United States to be precise in Pennsylvania. What made the company interested in building a nuclear-powered mining company? Check out the information as […]
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed Chairman […]
The victims of the MtGox case who lost nearly 142 thousand BTC will receive compensation starting March 10, 2023. This latest news has shocked the global crypto scene, because it has the potential to continue to depress Bitcoin prices after so far this year it had increased by more than 40 percent. How is the […]
The Commodity Futures Trading Supervisory Agency (Bappebti) of the Ministry of Trade (Kemendag) revealed that there was a decrease in crypto transactions in January 2023 compared to the monthly average in 2022. Head of the Market Development and Development Bureau, Tirta Karma Senjaya revealed that the total crypto transactions in January 2023 were only IDR […]
The inventor of the World Wide Web, also known as www, which is often called the web, Tim Berners-Lee called cryptocurrency “dangerous” and likened it to gambling. Discussing the future of the web, Berners-Lee said digital currencies were only speculative and compared them to the dot-com bubble, where the internet stocks, often without a solid […]
Bitcoin (BTC) has strengthened by more than 40% since early 2023. Meanwhile, analysis platform Glassnode sees a signal that Bitcoin will be bullish through the Z-score Market Value to Realized Value (MVRV) indicator approach. How to Read the MVRV-Z Score RatioMVRV stands for Market Value and Realized Value where Market Value reflects the value of […]
After a fruitful January, the cryptocurrency market started trading sideways in February. With most coins in their correction phase currently, the overall market cap is down to $1 trillion. Parallelly, Bitcoin, the market’s most prominent digital asset, has lost ~5% of its value over the past week. Even though the market is currently wobbly, bullish […]
In its latest earnings report, Tesla disclosed it did not buy or sell any Bitcoins in the last quarter of 2022. Reporting from Decrypt, Friday (27/1/2023), Tesla experienced an estimated USD 34 million in impairment costs as the value of Bitcoin holdings fell to $184 million from $218 million in the third quarter of 2022. […]
Venture capital firm Peter Thiel reportedly made $1.8 billion closing its crypto positions last year or around the time the initial Bitcoin bulls were still predicting the token price would jump 100 times. Founders have cashed out almost all of their bets on digital assets in March 2022, according to a Financial Times report citing […]