Bankrupt BlockFi plans to sell $160M Bitcoin mining hardware loans
BlockFi filed for Chapter 11 bankruptcy in November 2022 citing exposure to the just collapsed FTX. The plan to sell off the loans backed by...
El Salvador’s Bitcoin City wins architectural design award
El Salvador is the first country that recognised Bitcoin as legal tender. Bitcoin City has been recognised as a sustainable and highly efficient project. El...
Popular altcoins to know
Cryptpcurrencies, Bitcoin and are altcoins – what’s the difference? What are the different types of altoins? Ethereum (ETH) and Tether (USDT) – the two most...
What is the Bitcoin hash rate? And why is at all-time highs?
Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes...
Bitcoin’s recovery will depend on a lot of macro-activities affecting the market, says Dan Ashmore
Coinjournal’s Dan Ashmore says numerous factors, including inflation and rate hikes, have affected the prices of most cryptocurrencies. He told CNBC that Bitcoin’s recovery would...
JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’
JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme...
Nearly 13 million bitcoins have not moved in over a year, an all-time high
Key Takeaways An all-time high of 12.7 million bitcoins have not moved in over a year That translates to two-thirds of the circulating supply Only...
Bitcoin and AI: Deal in Crypto Intelligently
The global AI market is forecast to grow $1394.30 billion in 2023. Investors and traders can tap into AI to benefit from features such as...
Bitcoin’s “hedge” narrative is dead, as speculative price action continues
Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts...