News
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BT Daily News: 3 Reasons Bitcoin Might Have Thawed This Crypto Winter, and more
Bitcoin (BTC 1.06%), which is up more than 60% this year, just experienced its best week since December 2020. While stretches like this often lead investors to anticipate some sort of correction, there is plenty of reason to believe this might just be the beginning of a new bull market. -
BT Daily News: Bitcoin surge brings new hope to miners after months of slumping profits
The recent surge in the price of Bitcoin [BTC] has caused a significant shift in mining activity on the BTC network. Pseudonymous CryptoQuant analyst Onchained found that the 68% jump in the year-to-date value of the king coin has resulted in an increase in fees per transaction due to the increased demand for block space. -
BT Daily News: The Undeniable Benefits of Bitcoin Mining In The U.S. and more
The global economy is unquestionably moving towards a digital ecosystem where everything from different investing strategies to money transfers is done digitally. This invites the idea of fresh digital innovations that get continually developed. -
BT Daily News: The Countdown Begins: One Year to Go Before the Next Bitcoin Halving
With just one year left before the much-anticipated Bitcoin halving event, experts and investors in the crypto industry are closely monitoring its potential impact on the market. -
BT Daily News: Bitcoin breaks free: Will recent spike leave bear market behind, and more
Exchanging hands at $27,524 per coin at press time, Bitcoin [BTC] ended last week’s trading session with an impressive 35.8% increase in value, causing it to rally out of the deep bear market territory, Glassnode found in a new report. -
BT Daily News: Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter, and more
The bitcoin mining industry appears to be getting back on its feet after a long crypto winter that saw major bankruptcies and fire sales. Even though mining economics have improved only marginally as bitcoin trades above $20,000, capital is starting to flow into the sector once again. -
BT Daily News: India’s Crypto Industry Finally Sees Lawmakers Engaging, and more
On Saturday, India’s crypto industry pulled off a near coup by bringing lawmakers and members of India’s ruling party to a conference discussing Web3. -
BT Daily News: 10 Top Crypto Conferences to Watch Out for in 2023, and more
Attending cryptocurrency conferences is one of the best methods to learn more about cryptocurrencies and blockchain, as well as about DeFi, the metaverse, and all other emerging concepts. -
BT Daily News: Cryptocurrency mining is still profitable in 2023? and more
Cryptocurrency mining is still profitable in 2023, but it may not be as rewarding as in the past. Cryptocurrency mining is still profitable in 2023, but it may not be as rewarding as in the past. -
BT Daily News: TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
TeraWulf (WULF) has begun operations at its Nautilus Cryptomine facility – the first nuclear-powered bitcoin mining facility in the U.S. – with nearly 8,000 mining rigs online representing computing power, or hashrate, of about 1.0 exahash per seond (EH/s). -
BT Daily News: Bitcoin’s price gains this year bring needed relief to cash-strapped crypto mining industry
The recovery of Bitcoin prices since the start of the year has brought some breathing space to the companies that mine the world’s largest cryptocurrency after 2022 drove many to warn of cash shortages or even in the case of Core Scientific, one of the biggest publicly traded miners, to file for Chapter 11 bankruptcy. -
BT Daily News: IMF-FSB Joint Paper To Form Global Crypto Rules, and more
Global crypto rules will be derived from a synthesis paper jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB), India has officially announced as President of the G20 group of nations.
