Bitcoin News

Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings.

Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.

Paul highlighted that Bitcoin has “far better odds” than other cryptocurrencies because it doesn’t have a competitor as a product.

Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing.

Bitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.

The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining.

Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000.

Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said.

Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers.

Complimenting the new hash rate ATH of 231.428 exahash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion.