Category: Bitcoin (BTC)

South Korean Crypto Exchange Bithumb Bans Employees From Trading Bitcoin

One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief…

As The Top Coins Lag Behind, An Odd Bunch Of Crypto Assets See Double-Digit Gains

The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin…

There Are Now Twice As Many 2021 ‘Bitcoin Deaths’ Compared To 2020’s BTC Obituaries List

Bitcoin is down in value 45% since the crypto asset’s all-time high (ATH) three months ago and the downward movement has ignited significant speculation about another bear market. Other skeptics…

As Bitcoin’s Yearly Inflation Rate Dips To 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior.…

Dogecoin Sheds 67% Since Price High — Meme Token’s 12 Month Market Stats Still Outshined BTC

The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down…

After Years Of ASIC Manufacturing Canaan Expands To Bitcoin Mining In Kazakhstan

Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs…

While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts The Top Crypto And Supporters

The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day…

Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic

The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24…