Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market

Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. Earlier this month, the FSRA issued a discussion paper on decentralized finance . A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. Neither the company nor the author is responsible, directly or indirectly, […]

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council and in mid-July, the BMC launched its public services and website. The voluntary sector survey indicated that out of all the participants 64.6% leverage electricity with a sustainable power mix. “We observed a 63% year-on-year […]

Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To …

Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. These addresses are then compared to a blacklist provided by TRM Labs, a blockchain firm that provides transaction monitoring services. The news was received negatively by a large swathe […]

Report: Twitter Engages in Negotiations With Elon Musk, Analyst Says Unless a … – Bitcoin News

According to multiple reports stemming from people familiar with the matter, Twitter has been engaged in negotiations with Elon Musk over his proposal to purchase the social media platform for $46.5 billion. However, before Musk outlined his improvements and plans to secure the $46.5 billion needed for the acquisition, Twitter’s board implemented a “poison pill” […]

Skybridge Capital: We Are ‘Extremely Bullish’ on Crypto – Bitcoin News

Regarding how the SEC has denied all proposals for bitcoin spot exchange-traded funds so far, the Skybridge founder stressed: “We think we’re early. A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. Neither the company nor the author is responsible, directly or indirectly, for any damage or […]

Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week

Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second on Saturday, April 23 at block height 733,197. Bitcoin’s hashpower has never been higher than this point in history and since block height 717,696 or January 8, 2022, the hashrate’s record high is an increase of 55.48% since then. Following a downward […]

Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin

The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. Earlier this month, his company spent $200 million more on acquiring bitcoin, raising its total holdings to 129,218 BTC. A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. […]

Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government – Bitcoin News

The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. Saudi Arabia is considering putting into action the use of cryptocurrencies in the kingdom as well as the adoption of blockchain, a report quoting a government official has said. While […]

Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds – Bitcoin News

Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Musk agreed to a tweet Friday stating that he will focus on solving “real problems.” The tweet specifically mentions making Twitter’s algorithm open source, eliminating scam bots, adhering to free speech, and simplifying […]

Bitcoin, Ethereum Technical Analysis: ETH, BTC Down as Prices Fall at Key Resistance Levels

Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in […]

Rumors Claim Large Bitcoin Wallet Is a Whale’s Stash or Microstrategy’s Wallet Despite …

Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The “1P5ZED” bitcoin address rumor is making the rounds again, as people wholeheartedly believe that the address is a bullish whale capturing massive quantities of bitcoin. From their main […]

Study: Switzerland Has ‘the Most Profitable Bitcoin Traders’ Worldwide, While France ‘Is the …

According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. This week, invezz.com researchers published a study that looks at the most profitable bitcoin traders by country by leveraging statistics from multiple datasets. Following France on the list of countries, the […]

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets – Bitcoin News

Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. ABR’s initial proposal, made with the advisory assistance of the Russian Ministry of Internal Affairs, was to criminalize the undeclared storing of cryptocurrency in such wallets. Besides preventing capital outflow through crypto, the […]

Jack Dorsey Claims if ‘You’re Building on Ethereum You Have at Least One, if Not … – Bitcoin News

Jack Dorsey doesn’t seem to be interested in anything to do with the Ethereum network, and last Friday he criticized the project. Following Buterin’s tweet, Dorsey replied “same,” and further said: “ don’t believe any individual or institutions should own social media, or more generally media companies. In response, Dorsey explained, that in his opinion, […]

Bitcoin, Ethereum Technical Analysis: BTC Back Above $41000 as Crypto Bulls Return

Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned […]