Bitcoin Bears Take Advantage as Price Breaks from Range Below $28K
On Aug. 16, Bitcoin saw a decrease in value below the $29,000 mark for the first time in 56 days. Analysts attributed this to the Federal Open Market Committee minutes,…
Is Bitcoin Heading Towards ‘Bearadise’? $20K Price Target in Sight
As doomsday BTC price targets kept coming, Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close. Crypto bulls and bears have been debating whether we are in Web…
Elon Musk’s AI Technology and Fetch.AI Crypto – $373M Worth of Bitcoin Reported in 2021-2022
SpaceX Writes Down Bitcoin Value The aerospace technology firm SpaceX reportedly wrote down the value of the Bitcoin it owns by a total of $373 million in 2021 and 2022…
How Lack of Usage Led to the Discontinuation of Bitcoin Stablecoin Tether
Tether Discontinuing Three Versions of Stablecoin The issuer of stablecoin Tether has announced that it will be discontinuing its Bitcoin Omni Layer version, citing a lack of interest from users….
Discovering the Cost of Mining 1 BTC in Lebanon and Italy
Household Electricity Expenses for Bitcoin Miners CoinGecko’s recent report has revealed that generating one Bitcoin in Italy costs $208,500, while in Lebanon it is approximately 783 times cheaper. This is…
Investigating the Separate Attacks that Hacked DeFi Protocols
Exploitation of DeFi Protocols Exactly and Harbor On Aug. 18, two separate — and apparently unrelated — attacks were carried out on decentralized finance (DeFi) protocols Exactly and Harbor, according…
Could All Ether Futures ETFs Get Approved At Once?
Ether Futures ETFs Approval The United States Securities and Exchange Commission (SEC) is likely to grant multiple applications for Ether futures exchange-traded funds (ETFs) simultaneously, according to sources familiar with…
Bitcoin Price Dips Below $26K – Check Out the Best Web 3.0 Crypto Projects
Bitcoin’s Price Drop and its Causes The price of Bitcoin (BTC) plummeted by 8% within 10 minutes, sending the cryptocurrency to dip below $26,000 before it partially recovered. At 9:30…
Elon Musk’s Bitcoin Write-Down Sparks Confusion Among Crypto Community
SpaceX’s Bitcoin Write-Down Report On Aug. 18, SpaceX’s Bitcoin write-down report caused a stir in the crypto community. The Wall Street Journal’s publication of the report left many perplexed, as…
DappRadar Reports 98% Drop in Bitcoin Ordinals NFT Trading Volume
Crypto and NFTs: An Alarming Plunge in Bitcoin Ordinals User Activity Data from DappRadar has pointed to a dramatic decrease in Bitcoin Ordinals nonfungible token (NFT) user activity, with trading…