Tag: Bitcoin

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BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit – Economics Bitcoin News

The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must...

Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1

Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a...

Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet

Stablecoin issuer Tether (USDT) is reporting nearly $1.5 billion in profits during Q1 alone while also revealing new details from its reserves. According to...

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite...

Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI) – Press release Bitcoin News

press release PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of...

Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners

The Ordinals Protocol has enabled NFTs and BRC-20 tokens on the Bitcoin network – whereas previously, it was a single-asset network. However, the issue...

Bitcoin Held on Exchanges Drops to 5-Year Lows: Santiment

The crypto analytics platform – Santiment – indicated that the amount of bitcoin held on digital asset exchanges has recently plummeted below 6%....

Bitcoin Supply Is Moving From American Holders To Asian Wallets: Glassnode

Data from Glassnode reveals the Bitcoin supply has been observing a shift from wallets based in America to those in Asia recently. Bitcoin Supplies...

Court Documents Allegedly Thrown at NBA Star’s Car – Bitcoin News

In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served...

TRON Nears Crypto Top 10, as MATIC Extends Declines – Market Updates Bitcoin News

Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed...

Solana, Polygon, Avalanche and Others Will Bleed Against Bitcoin in Massive ‘Altcoin Reckoning’: Benjamin Cowen

Popular crypto analyst Benjamin Cowen thinks the “altcoin reckoning” against Bitcoin (BTC) is bound to continue. In a new YouTube video, Cowen tells his...