Crypto markets are booming after historic XRP ruling; BTC and ETH both break critical barriers at 31k and 2k

Bitcoin and the rest of the cryptocurrency market saw significant gains after Ripple secured a victory against securities regulators on July 13. As of 8:30 p.m. UTC, Bitcoin (BTC) had gained 4.3%... Read more »

Demand is driving the price of Bitcoin to $130K

In any market, whether it is fruit and vegetables or financial assets, prices are determined by the intersection of supply and demand. If tomatoes are scarce due to a flood, with the... Read more »

BlackRock’s Bitcoin ETF filing fuels U.S. accumulation

BlackRock, the world’s largest asset manager with more than $9 trillion in assets under management, has sent ripples through the cryptocurrency market with its recent filing for a Bitcoin Exchange-Traded Fund (ETF).... Read more »

Exec shares process of setting up a business in Switzerland with Bitcoin

While Switzerland has been popular among the wealthy for its prowess in banking, the country has also been slowly welcoming those who mainly want to use Bitcoin (BTC) as an alternative form... Read more »

Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI

Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence. The Vancour-based mining company said... Read more »

IRS investigating American crypto exodus to Puerto Rico

The U.S. Internal Revenue Service (IRS) is pursuing tax dodgers who abused Puerto Rico’s tax structures, Bloomberg reported on July 12. Puerto Rico has offered significant tax incentives to cryptocurrency traders, hedge... Read more »

Bitcoin mining difficulty hits all-time high as BTC miner selling peaks

Bitcoin mining difficulty reached an all-time high of 53.91 trillion units after the latest difficulty adjustment on July 12. It is a measure of how difficult it is to mine Bitcoin (BTC) blocks. The... Read more »

Why are short-term holders HODLing instead of taking profits?

Bitcoin’s sustained price level above $30,000 has Brough about a noticeable shift in market behavior, particularly among short-term holders. Short-term holders (STHs), or those who have held Bitcoin for less than 155... Read more »

Bitcoin trader eyes BTC price ‘Darth Maul candle’ as CPI due 2-year low

Bitcoin (BTC) eased higher into July 12 with the key macroeconomic event of the week just hours away. BTC/USD 1-hour chart. Source: TradingView CPI set to hit lowest since March 2021 Data... Read more »

Brazilian CBDC pilot source code includes methods to freeze, drain wallets

Banco Central do Brasil published the source code for its CBDC on GitHub last week and allowed the public to conduct an audit of the system’s code. Developers soon found concerning functionality... Read more »