Tag: bitcoin news

Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas

On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth...

Elon Musk Says Bitcoin Lightning Is Needed For Now

Tesla CEO Elon Musk is diving deeper into the Bitcoin scaling debate in his latest tweet. https://twitter.com/elonmusk/status/1395552911430619144 The centibillionaire claims that a single layer will be able to handle all future transactions because of rapidly...

Vitalik Buterin Says There’s “Big Risk” That Bitcoin Will Get Left Behind

Ethereum co-founder Vitalik Buterin told CNN Thursday that there is "a big risk" of Bitcoin being left behind if its technology does not evolve from where it is today: If Bitcoin sticks with its technology exactly...

Bitcoin Pizza Initiative Launched Among Heavy Criticism

The Bitcoin Pizza initiative, a new endeavor promoted by Bitcoin influencer Anthony “Pomp” Pompliano, that seeks to fund Bitcoin development while remembering Lazlo Hanyecz’s legendary pizza purchase, was launched yesterday. While being...

Blockfi Threatens Legal Actions After Mistakenly Gifting 700+ BTC to Users

Blockfi has mistakenly paid out over 700 BTC to participating traders in its March trading competition and has threatened legal actions against traders that have refused to return them.  The crypto lending platform...

What to do with your bitcoin today, with the price below $40,000?

It’s been a difficult few days for Bitcoin, the world’s largest cryptocurrency, with BTC falling from the $57,000-level on the 11th to $39,300 at press time. What precipitated such a correction? Well, the overwhelming...

Fear is covering the market when Bitcoin price have not yet shown any positive recovery signal, even the downward momentum is getting stronger

Fear is covering the market when Bitcoin price and large-cap Altcoin series have not yet shown any positive recovery signal, even the downward momentum is getting stronger. Bitcoin price today: Cryptocurrency market panic,...

Coinbase announces its intention to raise $1.25 billion. Will it mirror MicroStrategy?

Coinbase wants to raise another $1.25 Billion after its direct listing. It didn’t say whether it wants to buy Bitcoin, but the possibility is still there. Coinbase’s IPO was great news for cryptocurrency...
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