Bit Digital Declares 424.7 Bitcoins Worth $14.8 Million

Bit Digital Declares 424.7 Bitcoins Worth $14.8 Million

Bit Digital, a US-based leading Bitcoin mining player declared its 424.7 Bitcoin-rich reservoir minted in January 2021. As per the news report, these 424.7 Bitcoins are unaudited, worth $14.8 million that the company generated in January this year. Bit Digital, listed on Nasdaq as BTBT, had a reserve full of 262.6 Bitcoin by the end

Tesla’s‌ ‌Bitcoin‌ ‌Purchase:‌ ‌What‌ ‌do‌ ‌Analysts‌ ‌and‌ ‌Academics‌ ‌think?

Tesla’s Bitcoin Purchase

Tesla’s move of purchasing $1.5 billion bitcoin has sent shockwaves in the crypto world, sending the bitcoin price to reach $46,500 at the time of writing. Now more than ever is the need to understand how this purchase will influence other businesses and shape the American economy from this point forward.  If skeptics are to

Tesla’s $1.5B Investments Skyrockets Bitcoin’s Market Rate

Tesla’s $1.5B Investments Skyrockets Bitcoin’s Market Rate

Bitcoin prices spiked to above 15% after Tesla owner and billionaire Elon Musk announced to invest $1.5 billion in bitcoin. Bitcoin prices hit $44,795.20 around 1325 GMT, on Monday, February 8, before cooling slightly to $44,207.95; the price has spiked by 50% since the start of 2021. This is the first time in the history

IT Specialists Fail to Unlock $65M Worth Seized Bitcoin

IT Specialists Fail to Unlock $65M Worth Seized Bitcoin

The authorities in the Bavarian town of Kempton, Germany, had to accept their defeat in accessing the seized Bitcoins of a convicted hacker. Despite the officials’ tireless efforts, they could not crack the chain of passwords protecting over 1,700 Bitcoin assets of the fraudster sentenced to two-plus years of imprisonment by the court. The convict

Torus Labs to Integrate with Cere Network

Torus Labs to Integrate with Cere Network

Cere Network has announced that it will be integrating with Torus labs to provide its users with a hassle-free and user-friendly experience on their web applications and programs. One such program is Cere’s Data Science Marketplace (DSM), which is created to eliminate the sophisticated process of carrying out data analysis and employing data experts. In

Morgan Creek’s Pomp says Bitcoin to Break the $400k Ceiling in the Long-Term

Bitcoin to Break the $400k Ceiling in the Long-Term

Anthony Pompliano, CEO of Morgan Creek Digital, has predicted that the value of Bitcoin will break through the $400k ceiling in the long-term. He feels that it will be a normal fallout of the perceived value of Bitcoin by investors against assets like gold and the dollar. Bitcoin has always been notoriously volatile in the

Is the Possibility of a Ban on Bitcoin in the US Over?

Possibility of Bitcoin Ban in the US

Since the Bitcoin was created about a decade back, it has at best been through a tumultuous love-hate relationship with Governments around the world, more so in the USA. Successive Governments had not taken too kindly to Bitcoin. In 2012, the Obama-Biden administration had looked into the possibility of banning Bitcoin in the country. More

Brazil’s Largest Crypto Exchange Mercado Bitcoin to List Chiliz

Mercado Bitcoin to Add Chiliz on Its Platform

In a landmark development, Chiliz ($CHZ) will be included on Mercado Bitcoin. It is a linkup of two giants in the cryptocurrency sector. Mercado Bitcoin is Brazil’s and Latin America’s biggest digital assets and cryptocurrency trading platform. Chiliz ($CHZ) is a currency option on rewards app Socios.com for Blockchain-based products and services, providing an enriched