Bitcoin Financial News

23.11 / 08:11

Mining Bitcoin Power Texan Bitcoin mining power demands could jump 5 times by 2023

As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support the industry’s expected 5,000 megawatts (MW) of additional power demands by 2023.

23.11 / 08:05

Ethereum cryptocurrency Bitcoin fall Cryptocurrency prices today on November 23: Bitcoin, Ethereum fall as Avalanche, SHIB rise marginally

The global cryptocurrency market remained in the red as major cryptos like Bitcoin, Ethereum, Binance, and Solana dipped, with the highest gainers in the last 24-hours being Shiba Floki Trillionaire, which rose by 3,588 percent, Elonomics, which surged 616.9 percent, and Mars Space X jumping up 635.19 percent. Notably, all three coins are currently trading below $0.

23.11 / 01:49

Dogecoin UPS Bitcoin Doge After pushing DOGE out of the top 10 club, can AVAX rally like Solana?

Avalanche after rising 120% in the month of November has finally entered the top ten coins by market cap with a total market capitalization of above $29 billion. Oscillating at $135.38 at the time of writing, the tenth-ranked asset pushed Dogecoin out of the top ten club charting over 35% weekly gains.

23.11 / 01:21

markets Bitcoin Bitcoin Price analysts Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K

Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of Bitcoin (BTC) price and the wider crypto market, but today's drop back under $56,000 is raising eyebrows among traders.

23.11 / 00:59

business Blockchain Adoption Bitcoin This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.

23.11 / 00:21

business Sport Bitcoin Rams player Odell Beckham Jr. will accept NFL salary in Bitcoin

Odell Beckham Jr., wide receiver for the Los Angeles Rams football team, has said he will be taking all of his $4.25 million National Football League salary in Bitcoin.

22.11 / 23:35

Dogecoin Ethereum Remark Bitcoin ‘Ten years from now… Everybody’s gonna wish they just bought more Bitcoin’

Despite heightened adoption and acceptance, it can’t be denied that the whole cryptocurrency industry is perceived to be a high-risk investment. In fact, many are averse to the constant market volatility, scams, hacks, rug pulls, and speculation plaguing the market.

22.11 / 22:15

Ethereum XRP Cardano Bitcoin Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB

Bitcoin (BTC) continues to be pinned down below $60,000 indicating that higher levels are attracting selling from traders.

22.11 / 21:29

ETF Investments CoinShares Bitcoin Weekly Institutional managers bought the dip as crypto funds see $154M in weekly inflows

Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares.

22.11 / 21:27

Digital AXY Manufacturing Bitcoin India: RBI shares concerns about crypto hazards; apprehensive about crypto ads

Central banks’ policy making has played a key role in manufacturing the 2008 financial crisis. One of the responses to that crisis was Bitcoin. With its decentralized system and peer-to-peer technology, cryptocurrencies such as Bitcoin have the potential to dismantle the traditional banking system. Therefore, the banking system has maintained a negative stance irrespective of the surge in digital asset adoption. The list includes India, one of the leading crypto nations with respect to demand.

22.11 / 20:05

business Investments Funding Bitcoin valuation Crypto startup MoonPay raises $555M to hit $3.4B valuation

Cryptocurrency fintech startup MoonPay has closed its first-ever venture capital round, reaching $3.4 billion in post-money valuation.

22.11 / 19:43

Ethereum Stablecoin USDC Bitcoin Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

22.11 / 19:27

BTC MET coinbase Bitcoin Is Bitcoin’s failure to recover above $60,000 a sign of trouble

Thanks to Bitcoin’s invalidation at $60,000, a few investors have been sweating in their seats. Its correction down to $55,600 was expected to be met with immediate recovery. However, over the last 24 hours, it hasn’t managed to lock in a position above $60,000.

22.11 / 18:37

ETF SEC Bitcoin Bitwise Invesco Joins Bitwise in Blaming the SEC for Decision to Withdraw ETFs

The American exchange-traded fund (ETF) issuer Invesco has for the first time revealed the reason for its surprise decision to pull out of the race to bring a bitcoin (BTC) futures-backed ETF to the market - and just like its competitor Bitwise Asset Management, the firm has blamed the rules from the US Securities and Exchange Commission (SEC).

22.11 / 18:37

Dogecoin Ethereum cryptocurrency Bitcoin Crypto Investment Trends in 2022: Brace for More Institutions and Meme Manias

2021 has been a record year for the crypto market, which has institutional and retail investors alike to thank for its growth. While these two categories of investors have diverged in their trading behaviors, they’ve both entered the market in seemingly high numbers, helping to push a whole range of cryptoassets to new all-time highs.

22.11 / 18:37

Ethereum litecoin Tether Bitcoin Crypto Market Sentiment Drops

Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market sentiment analysis service Omenics.

22.11 / 18:37

Ethereum cryptocurrency Bitcoin Crypto CRASH: Bitcoin, Ethereum, Solana, and Shiba Inu DOWN - HUH Token Pre-Sale Nearly Sold Out

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

22.11 / 18:01

markets solana Bitcoin Bitcoin Price open Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open

Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge.

22.11 / 17:31

Blockchain Digital Bitcoin Support Australia mustn’t ‘fear the unknown’ as Senator voices support for DeFi, crypto

There has been a paradigm shift in the digital finance ecosystem. It started from the early stages of the Internet to Layer 1 cryptocurrencies such as Bitcoin. Now, there’s Decentralised Finance or DeFi, also called the “Wild West” of crypto.

22.11 / 17:31

Ethereum Action Decentraland Bitcoin What Algorand’s curious price trajectory says about the altcoin

With Bitcoin and Ethereum consolidating as some altcoins see impressive rallies, many in the market are looking at this as the start of the altcoin season. Over the last few days, tokens like Avalanche, Decentraland (MANA), and Crypto.com Coin have been among the market’s biggest gainers.

22.11 / 17:09

Europe proof-of-work Bitcoin Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager

A Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has received backlash from crypto-related fund managers.

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