Bitcoin halving is one of the most important events in the cryptocurrency market.
Like many other companies, Block invested in Bitcoin when the digital asset price was skyrocketing.
As a result of cryptocurrencies’ potential to revolutionize the conventional financial system, the accompanying difficulties are receiving increased regulatory attention.
The SEC crackdown on the crypto space has dampened sentiments among institutional market players. Bitcoin-related investment products saw the highest outflows.
For now, the value of cryptos can be displayed in Russian rubles, US dollars, euros, and other fiat currencies. In the future, Yandex is planning to add more pairs.
Two Mt Gox creditors, Bitcoinica and MGIF, have decided on a Bitcoin payout scheme instead of fiat payments.
Crypto traders appear to be shrugging off the heat from crypto regulators as well as other macroeconomic headwinds.
It is for the first time that the BTC price is trading close to $25,000 since August 14, 2022. Whale participation and trading volumes might soon shift from altcoins to Bitcoin.
The country seeks to explore “opportunities for cultural and commercial exchange”.
The ongoing uptrend in the price of Bitcoin has pushed to the fore the potential in the outlook of the coin as it eyes a new halving by May next year.
Businesses and developers can now send US Dollars over the Lightning Network.
The plan by Apple to launch the series of subscription services for its hardware product is the company’s own way to get a competitive advantage over other rivals in the space.
After a decent rally in almost all markets, since the calendar flipped in January, a possible reversal is likely to take place across the board.
However, Bitcoin price could edge lower in the coming quarters as the Fed hikes interest rates in a bid to bring down inflation to 2 percent.
Canadian crypto miner Hut 8 and its US rival US Bitcoin are working on a mutually beneficial merger to float a new company.