Bitcoin News

Wall Street Journal

Crypto Selloff Continues as Bitcoin, Ether, Solana and FTX Token Prices Fall Further

Pressure on cryptocurrencies continues, as traders mull whether crypto exchange Binance will actually acquire rival FTX and amid lingering concerns over contagion in the loosely regulated industry. In..
Market Watch

Crypto companies shares closed sharply lower, as bitcoin fell briefly to a 2-year low

Crypto company shares and funds closed sharply lower on Tuesday as bitcoin dropped briefly to a two-year low, even though the three major U.S. equity indexes ended higher. Bitcoin BTCUSD, tumbled to ..
Market Watch

Gold, TIPS, bitcoin and alternative ETFs haven’t been the inflation hedges they were supposed to be

You may want to consider selling your inflation hedges. This coming Thursday’s report on the Consumer Price Index is projected to show U.S. inflation continuing its recent moderating trend (to 7.9%, a..
Wall Street Journal

Bitcoin and FTT Prices Drop After FTX-Binance Tussle

A spat between two of the richest people in digital currencies spilled over into crypto markets Tuesday, sending bitcoin lower and hammering the value of another closely watched token. [The dispute pi..
Market Watch

Bitcoin, Ether fall sharply on as token linked to FTX takes a sharp tumble

The price of bitcoin fell below $20,000 for the first time in nearly four weeks on Tuesday, with Ether also under pressure as a token linked to crypto exchange FTX tumbled below a crucial level. Bitc..
Market Watch

Argo Blockchain Mined Less Bitcoin in October; Mining Revenue Fell

Argo Blockchain PLC said Tuesday that it mined less bitcoin or bitcoin equivalents on-month in October due to a significant increase in bitcoin network difficulty, and mining revenue fell. The London..
CNBC

Bitcoin Miner Riot Blockchain's Revenue Misses Estimates

(Bloomberg) — Riot Blockchain Inc.’s third-quarter loss widened and revenue was lower than estimated. The net loss widened to $36.6 million, or 24 cents a share, from $15.3 million, or 16 cents, in t..
Wall Street Journal

Justice Department Announces Seizure of $3.36 Billion in Bitcoin

The seized bitcoin has declined significantly in value and is now worth about $1 billion. The Justice Department said Monday it had seized $3.36 billion in cryptocurrency from a Georgia man who plead..
CNBC

Troubled Bitcoin Miner Core Scientific Says Reserve Dropped in October

(Bloomberg) — Core Scientific Inc., the Bitcoin miner that warned last month that it might seek bankruptcy protection, said its reserve of the digital token has dwindled to 62 coins as of October from..
CNBC

U.S. lays claim to $1 billion in stolen Silk Road Bitcoin

NEW YORK — The United States is seeking the forfeiture of more than $1 billion in Bitcoin stolen from the Silk Road online marketplace, federal prosecutors in Manhattan said on Monday. In the second ..
CNBC

Feds announce $3.36 billion seizure of bitcoin, the second-largest recovery of crypto so far

The crypto market has been battered this year, with nearly $2 trillion wiped off its value since its peak. The Department of Justice announced Monday that it seized about $3.36 billion in stolen bitc..
Market Watch

HIVE Blockchain October 2022 Bitcoin Production was 307 BTC mined and 3311 BTC HODL on its Balance Sheet

Vancouver, British Columbia, Nov 07, 2022 (Newsfile Corp via COMTEX) -- This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated Septembe..
CNBC

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents

When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. But by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisi..
Wall Street Journal

Bitcoin-Mining Machines: For Sale on Deep Discount

The most efficient bitcoin-mining machines are selling for 77% less than last year. The machines, used to process transactions, currently cost about $24 per 100 “terahashes,” a measure of the machine’..
Wall Street Journal

SEC Charges Trade Coin Club Founder, Promoters in $295 Million Bitcoin Fraud

The Securities and Exchange Commission filed charges against the founder and three U.S. promoters of Trade Coin Club, alleging the crypto-trading membership club operated as a Ponzi scheme that raised..
CNBC

Bitcoin Well Reports Third Quarter 2022 Results

EDMONTON, Alberta, Nov. 04, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSX.V: BTCW) (OTCQB:BCNWF), has released the financial and operating results for the third quar..
CNBC

Bitcoin Miner Iris Flags Risk of Default on $103 Million of Debt

(Bloomberg) — Iris Energy Ltd. is the latest Bitcoin miner to grapple with debt trouble because of the sharp market downturn for digital assets. The Sydney-based green crypto miner, which listed in t..
Market Watch

Bitcoin outperforms Nasdaq after Fed meeting

Bitcoin outperformed major U.S. stock indexes on Wednesday, though both assets slid after the Federal Reserve raised its benchmark interest rate by 0.75 percentage point, as expected, while investors ..
CNBC

Digihost Announces Y/Y 78% Increase in Monthly Bitcoin Production and Provides Operations Update

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. ..
CNBC

Cryptoverse: Bitcoin wants to break its bond with stocks

After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of..

About Bitcoin News

Source: Wikipedia
Bitcoin (₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The word bitcoin was defined in a white paper published on 31 October 2008. The currency began use in 2009 when its implementation was released as open-source software. Bitcoin has been described as an economic bubble by at least eight Nobel Memorial Prize in Economic Sciences recipients.
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Engadget

Blizzard support studio workers drop union bid

One Activision Blizzard studio won't form a union, at least not in the near future. The Communication Workers of America (CWA) says it's withdrawing its petition for a union vote at Blizzard support s..
Fox News

Minnesota Senate passes abortion bill opponents call 'most extreme' in nation

After 15 hours of contentious debate, the Minnesota Senate passed legislation early Saturday morning that guarantees the right to abortion, a bill pro-life Republicans have called the "most extreme" …..
NBA News

NBA DraftKings & FanDuel DFS Primer: Tuesday 11/1

After a meager Monday slate, we’re looking at a tiny Tuesday card. We have just four games making up the main slate, and it will leave the player pool extremely thin. The good news is that we have som..