Bitcoin Miners made $1.21 Billion in Revenue in March 2022
On Feb. 13, Bitcoin’s hash rate hit an all-time high of 248.11 EH/s. Since July 2021, the robust Bitcoin network has grown constantly. According to The Block’s Data Dashboard, for…
Bitcoin Network Expansion Leads to Higher Use of Energy
The network depends on thousands of miners using energy-intensive equipment.On an average day, the bitcoin network handles 240,000 transactions.As the Bitcoin network expands, so does the amount of energy it…
New Law Proposed in Texas Aims to terminate Taxes on Bitcoin Mining
The Texas severance tax is a flat 7.5% of the market value of natural gas. Opponents argue that it encourages oil companies to continue drilling. Taxes on the sale of…
2000 Bitcoin moved From Coinbase To Unknown Wallet
Since the inception of the crypto industry, trading is the main move that the whole industry depends on. Without trading, the concept of cryptocurrencies is useless, while trading huge volumes…
Bitcoin and Ethereum Rallies Not Over Crypto Analyst Says
A widely followed crypto strategist is charting what’s next for Bitcoin (BTC) and Ethereum (ETH) after recent impressive gains. The pseudonymous crypto analyst Pentoshi tells his 532,200 Twitter followers that…
Ethereum Whales Bounce on Shiba Inu see why.
The biggest players in the crypto arena are stocking up on a popular meme coin after its latest project milestone. The transaction-tracking bot at WhaleStats reveals major in-flows of capital…
Investors Are Storming Back to Bitcoin and Ethereum From Altcoins
A leading crypto asset manager is revealing the results of a recently conducted fund manager survey. According to CoinShares, investors are trooping back into Bitcoin (BTC) and Ethereum (ETH) while…
Terra Now Holds 30727 Bitcoin (BTC) After latest Additions
The price of Bitcoin is projected to rise dramatically due to Terra’s plan.The business intends to surpass Satoshi Nakamoto’s holdings in bitcoins at some point.More than $139 million worth of…
ECB Official Raises Concerns to Policymakers Regarding Bitcoin
Fabio Panetta is a member of the ECB’s executive board.Panetta said that policymakers should be less tolerant of technology like Bitcoin. Anonymity may be a more urgent issue for the…
European Union 🇪🇺 Parliament Approves New Legislation Banning Non-custodial Crypto Wallets
Brian Armstrong said that crypto owners are unfairly penalized by the rules.Bitcoin is down 5.27 percent at press time.Bitcoin and the larger cryptocurrency market are again under negative pressure after…