Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC

Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion.  Bitcoin’s network... Read more »

SEC rejects ARK 21Shares spot Bitcoin ETF application

The United States Securities and Exchange Commission, or SEC, has officially disapproved the application for the ARK 21Shares Bitcoin exchange-traded fund (ETF). In a Thursday filing, the SEC rejected a proposed rule... Read more »

Galaxy Digital delays BitGo acquisition to later on in 2022

Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned. Galaxy Digital has... Read more »

VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. That’s... Read more »

Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest

Bitcoin (BTC) saw an 11% gain in the past week after the $46,000 resistance finally broke after 82 days. Many crypto pundits argue that Terraform Labs CEO Do Kwon has played an important... Read more »

‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla

Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests. Analysis of the wallet related to Blockchain protocol Terra reveals that since it... Read more »

BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

Bitcoin’s (BTC) rally is taking a breather near the 200-day simple moving average (SMA) and that has resulted in what is either a minor pullback or consolidation in BTC and select altcoins. ... Read more »

Why do they bother? Can FUD be useful? – Cointelegraph Magazine

“Anyone who says that David Gerard personally stopped their crypto getting into Wikipedia is a fuckwit,” says editor, Wikimedia spokesman and professional crypto hater David Gerard in his typically no-nonsense fashion. “There... Read more »

Revenue up 800%, gross profit up 2500%

U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803% to $544.5 million and gross profit growing 2,443%... Read more »

CTFC looks at expanded authority to regulate crypto, for less than a 10% budget increase

The U.S. Commodity Futures Trading Commission, or CFTC, has released its Fiscal Year 2023 (FY2023) budget request, seeking $365 million. This marks a 9.9% increase over the previous year and 20% over... Read more »