Bitcoin has been legal tender in El Salvador for three years, but people are currently using it less than they did in 2022, at least for remittances. Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8 percent during the first two months of 2023 compared to 2022, according to the latest data […]
A Georgian man who stole more than 50,000 Bitcoins from the Silk Road marketplace in 2012 has been sentenced to one year in prison. In a press release Friday, the US Department of Justice said James Zhong had been sentenced to one year and one day in prison on charges related to executing a scheme […]
Investment manager Larry Lepard has warned that the US dollar could lose a large portion of its value within 5 to 10 years. Following the start of the Russo-Ukrainian war, the US did something it considered very wrong: it seized $600 billion of Russia’s currency reserves equivalent to IDR 8.94 quadrillion ($1 = IDR 14,908). […]
Artificial intelligence tool ChatGPT seems to have taken sides in the long-running debate over the respective value of gold over Bitcoin as a good investment. Financial commentator Peter Schiff praised the leading generative text engine for reportedly favoring gold. “AI is indeed quite intelligent,” he tweeted on Wednesday. “It does not recommend any allocation to […]
The total market cap for all cryptocurrencies has climbed to its highest level since June, helped by bitcoin (BTC)’s massive 70 percent gain since starting the year. The increase in overall cryptocurrency capitalization stands out because it coincides with the industry facing one of the strongest crackdowns in its history, namely from dismal regulatory prospects. […]
According to a US court document, the FBI sold some of the confiscated cryptocurrencies earlier this month and managed to generate more than USD 215 million or the equivalent of IDR 3.2 trillion (assuming an exchange rate of IDR 14,995 per US dollar). The confiscated crypto in question comes from the Silk Road marketplace. Hacker […]
Bitcoin monthly cross break downtrend sejak akhir 2021 desember, dan saya ingetin ga bosen bosen 1 tahun lagi kita akan halving dan biasanya saat sebelum dan sesudah halving harga sudah mulai memasuki uptrend atau keluar dari zona downtrend. Gambar diatas adalah monthly chart BTC, dimana penutupan Maret menjadi konfirmasi breakout dari trend turun yang terjadi […]
BTC fell to its lowest level since March 17 after the company sued the crypto exchange for alleged violations. The price of Binance coin (BNB) fell by 5%. Bitcoin (BTC) fell below $27,000 after the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng Zhao over allegations that the […]
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 […]