Bitcoin Financial News

10.02 / 19:17

business Blockchain Ethereum Bitcoin Bitcoin business in France: Regulation, education and cash buy frustration

Jimmy Chambrade and Aurore Galves Orjol, co-founders of Bitcoin-lyon, first heard about Bitcoin (BTC) in 2014. Around that time, their close friend and now business partner, Bruce, mined Bitcoin using his laptop. However, it took three years and a face-melting bull run before the pair could set aside the time to engage with the technology.

10.02 / 18:26

Investments Energy Bitcoin Living on a volcano: The outlook of El Salvador’s crypto mining industry

El Salvador, the first nation to adopt Bitcoin (BTC) as legal tender, has recently announced the relaunch of its wallet app Chivo, which is supposed to patch the previous version’s stability and scalability issues. The update is welcomed news for the Central American country’s crypto experiment, which faced some hurdles and harsh criticism over the last few months. While much of the observers’ attention has been focused on aspects such as retail adoption of crypto and geopolitical implications of Bitcoin’s legal status in El Salvador, the progress of the nation’s mining industry toward achieving President Bukele’s moonshot vision has been less discussed lately. Here’s what the current prospects of El Salvador’s mining industry look like.

10.02 / 18:25

markets Bitcoin Bitcoin Price Bitcoin rejects sell-off as 7.5% US inflation fails to keep BTC down for long

Bitcoin (BTC) fell immediately on the latest United States consumer price index (CPI) data Feb. 10 in a surprise move that deflated bulls.

10.02 / 18:25

cryptocurrency regulation Bitcoin Russia Plans to Allow ‘Non-Residents’ Access to Crypto Platforms, Helping Bitcoin Miners Sell BTC

The Russian government appears to be preparing the ground for the legalization and regulation of the Bitcoin (BTC) and crypto mining sector – and is already planning what looks like a way for miners to sell their tokens to overseas buyers even after the nation begins policing crypto transactions.

10.02 / 17:43

Binance Forbes Media Bitcoin boost Binance invests $200M in Forbes to boost consumer knowledge on Bitcoin

Binance, the world’s largest cryptocurrency exchange by trading volumes, is making a strategic investment in the 104-year old magazine Forbes to improve consumer understanding of cryptocurrencies and blockchain.

10.02 / 16:55

Ethereum economics Bitcoin Drop Bitcoin, Ethereum Drop as US Inflation Jumps More Than Expected

Prices of bitcoin (BTC) and ethereum (ETH) fell today as traders feared more aggressive monetary policy tightening after the US Consumer Price Index (CPI) showed that inflation in the world’s largest economy has reached 7.5% year-over-year, coming in well above analysts’ expectations.

10.02 / 16:29

Mining Energy Bitcoin NOT NYC Mayor Supports 'Crypto But Not Crypto Mining,' While Billionaire Bashes BitLicense

The US Mayor who became known in the Cryptoverse as a Bitcoin (BTC) supporter and industry ally is now opposing crypto mining, citing high energy consumption. Meanwhile, a billionaire urges the state to get rid of BitLicense "right away."

10.02 / 16:13

Twitter Bitcoin Bitcoin rapper accused of money laundering dubbed ‘Bernice Madoff’ on Twitter

A prolific online rapper known as the “Crocodile of Wall Street” faced ridicule on social media after she and her husband were arrested on charges of laundering money obtained from a cryptocurrency hack.

10.02 / 15:33

Adoption Bitcoin crypto donations Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations

An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.”

10.02 / 15:19

Waves BTC Lowe's Bitcoin WAVES is at a crossroads; watch these levels over the next few days

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

10.02 / 14:59

FIVE Bitcoin How the Feds Tracked Down $3.6 Billion in Stolen Bitcoin

The U.S. government’s $3.6 billion bitcoin bust this week appears to reflect its success five years ago in disrupting some operations used by criminals to launder stolen funds.

10.02 / 14:53

markets Stablecoin Bitcoin Bitcoin Price Reserve bitcoin rises Exchange stablecoin reserve hits $27B as Bitcoin rises toward $50K 'fair value'

Cryptocurrency exchanges now have more stablecoins on their books than ever before in a fresh sign investors are waiting to buy Bitcoin (BTC) and altcoins.

10.02 / 13:21

UPS Digital Bitcoin Bitcoin: JP Morgan readjusts long-term target to $150k, but ‘fair-value’ is set at..

Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don’t view short-term fundamentals to be working in its favor.

10.02 / 13:03

Digital Strategy Fitch Bitcoin El Salvador to Elevate Bitcoin Status by Issuing Bonds

El Salvador is planning to issue its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced.

10.02 / 13:03

Provident ETF Platform Bitcoin Financial crypto futures Canadian Financial Company TMX Group to Launch First Crypto Futures This Year

Canadian financial services company TMX Group said it would launch its first crypto futures product later this year.

10.02 / 12:57

UPS Citizens Extreme Bitcoin CULT DAO Takes Decentralization to Extreme Levels, Awakening Revolution

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

10.02 / 12:49

Government Adoption Bitcoin Fitch lowers El Salvador’s rating due to Bitcoin adoption

El Salvador faces another whipping from a traditional finance firm for its "forbidden" love for Bitcoin (BTC).

10.02 / 12:35

FIVE Bitfinex Bitcoin How the Fed cracked down on the alleged money launderers tied to Bitfinex hack

The US government’s $3.6bn bitcoin bust this week appears to reflect its success five years ago in disrupting some operations used by criminals to launder stolen funds.

10.02 / 12:19

regulation BItlicense Bitcoin Billionaire Bill Ackman calls for crypto clarity in New York

Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.

10.02 / 11:53

markets Ethereum Investments Bitcoin BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022

Bitcoin (BTC) and Ether (ETH) are sure long bets for 2022, prominent investor and commenter Zhu Su says.

10.02 / 11:43

CFTC Bitcoin Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint

The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining network is estimated to contribute less than 0.08% to the world’s total carbon dioxide (CO2) emissions.

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