The central bank met many expectations in its decision to raise interest rates by 25 basis points. Other crypto majors are in the red Bitcoin (BTC) fell below $27,000 after the US Federal Open Market Committee (FOMC) did what was expected on Wednesday, raising interest rates again, this time by a quarter.The decision reinforces the […]
General Bytes suffered a security incident on March 17 and 18, 2023 that allowed hackers to remotely access key service interfaces and send funds from hot wallets, according to the company and sources. Launching Bitcoin, Monday (3/20/2023), the breach forced the majority of US-based crypto automated teller machine (ATM) operators to temporarily shut down. Hackers […]
Bitcoin price continued to strengthen Wednesday amid growing concerns that the Silicon Valley Bank (NASDAQ:SIVB) crisis will likely have a contagion effect on the rest of the traditional banking sector. Although Bitcoin price initially slid down in a risky trading environment, the world’s largest cryptocurrency later rallied 27% from Friday’s lows and hit a 3-week […]
Canadian rapper and singer Drake lost $400,000 when he made a Bitcoin bet. Drake is betting that YouTuber-turned-boxer Jake Paul will beat Tommy Fury by knockout. Had Jake Paul won, Drake could have earned $1.44 million worth of bitcoins, but in reality Fury won the battle by split decision. Monday (27/2/2023), on February 26, 2023, […]
Most of the Bitcoins in the world are currently inactive or there is no transaction movement. This number of dormant coins has almost reached a new all-time high. According to blockchain analysis firm Glassnode, the number of Bitcoins that have not moved for at least six months is 14.99 million coins, or a value of […]
Novotel Bahrain Al Dana Resort is supposed to be the first hotel in the Arab Kingdom to accept digital asset payments. Novotel Bahrain Al Dana Resort is reportedly the first hotel in the country to accept cryptocurrency as a means of payment. Launching Cryptopotato, other hotels located on the Arabian peninsula have embraced digital assets […]
The author of the most popular financial book entitled “Rich Dad, Poor Dad,” Robert Kiyosaki responded to Warren Buffett’s right-hand man at Berkshire Hathaway, Charlie Munger, who called for a ban on investing in bitcoin (BTC). Kiyosaki said that Munger still idolizes stocks and the traditional financial system for investing. Meanwhile, the younger generation is […]
According to Cointelegraph, 2023 got off to a great start, with Bitcoin skyrocketing 40% in January. However, the good news is that the rising price of Bitcoin has also affected the green crypto market. Mining revenue jumped $22.66 million in January, and crypto-related companies more than doubled. For a more detailed look into various sectors […]
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 […]
Bitcoin (BTC) briefly managed to push past USD 17,000 (IDR 264.7 million) on Sunday, January 8, 2023 breaking through its recent price range to hit a three-week high. The largest cryptocurrency briefly hit USD 17,000 on Friday after data showing a slowdown in US services businesses was seen by traders in digital asset markets and […]