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Tag: Bitcoin

Texas paid bitcoin miner Riot $31.7 million to shut down in August

During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money...

A spot bitcoin ETF is much closer to reality, we’re not there yet

The US Court of Appeals for the Federal Circuit in Washington, D.C., US, on Wednesday, Aug. 9, 2022.Al Drago | Bloomberg | Getty...

Bitcoin rallies more than 7% as court sides with Grayscale over the SEC in crypto ETF case

Jaap Arriens | NurPhoto | Getty ImagesThe price of bitcoin surged Tuesday after the U.S. Court of Appeals for the DC Circuit ruled that...

First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC

Nurphoto | Nurphoto | Getty ImagesThe District of Columbia Court of Appeals has paved the way for bitcoin exchange-traded funds.On Tuesday, the court...

Bitcoin trading volume is at its lowest in more than four years

Chris Ratcliffe | Bloomberg | Getty ImagesBitcoin's trading volume hit its lowest level in almost five years this month as investors keep waiting...

Crypto market bounces off recent sell-off, bitcoin rises to $26,500

A collection of bitcoin, litecoin and ethereum tokens.Chris Ratcliffe | Bloomberg | Getty ImagesCryptocurrencies rose Wednesday as investors continued to grapple with the...

Altcoins slide to begin the week while bitcoin and ether stabilize

The crypto market was lower to start the week after bitcoin posted its worst week since May.Bitcoin was flat at the $26,000 mark,...

Bitcoin briefly breaks below $26,000, heads for worst week since November

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin's price this year.STR |...

Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday

Andriy Onufriyenko | Moment | Getty ImagesBitcoin slipped sharply on Thursday evening, tumbling by as much as 9% to just over $26,000.The cryptocurrency...

Bitcoin nears 2-month low after Fed minutes dial up inflation worry

Cryptocurrencies were under pressure Thursday as investors grappled with renewed concerns about the U.S. economy.Bitcoin was last lower by about 4% at $27,901.60,...

Bitcoin rises from a two-week trading lull as Moody’s downgrade hits U.S. banking sector

Cryptocurrencies rose broadly on Tuesday in opposition with the stock market after the ratings agency Moody's put the U.S. banking sector on watch.Bitcoin...

New York man admits Bitfinex hack in bitcoin money launder plea

Booking photos for Heather Morgan and Ilya Lichtenstein.Courtesy: Alexandria Adult Detention Center.A New York man on Thursday admitted to being the original hacker...

Cryptocurrencies fall to open August, bitcoin dips under $29,000

Nurphoto | Nurphoto | Getty ImagesThe crypto market came under pressure as the new month kicked off, with investors weighing the risks of...

Bitcoin falls sharply ahead of Fed meeting and as investors weigh Binance concerns

Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises next year.Nurphoto |...

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