Bitcoin halving likely this week: Here’s what to expect
This technical event happens every four years. It is when the rewards for Bitcoin miners are cut in half.
This technical event happens every four years. It is when the rewards for Bitcoin miners are cut in half.
Amid the Iran-Israel war, the largest cryptocurrency – Bitcoin – slid 7.7 per cent marking the biggest such retreat since March 2023.
Bitcoin retreated from its record high of more than $73,000 as the market witnessed a selloff and higher-than-predicted US inflation data signalled that interest rates might stay high.
Amid the continuous rally, the cryptocurrency Bitcoin has climbed up the ranks to become the world's eighth most valuable asset by market capitalisation, surpassing silver.
Notably, since the spot bitcoin exchange-traded funds were approved in the US, the cryptocurrency is steadily rising.
Bitcoin experienced a significant rally, registering a staggering 152 per cent growth for the year in 2023.
The world's biggest cryptocurrency Bitcoin touched a 19-month high above $42,000 which was triggered by some "panic buying", reports said on Tuesday.
Mining cryptocurrencies can have major environmental impacts on climate, water, and land, according to new research by United Nations scientists.
The spike follows Sunday’s slight increase in Bitcoin’s price by 0.10% to $26,900. After the SEC’s approval of Grayscale’s bitcoin ETF, announced on Friday night, the cryptocurrency community looked excited.
A US programmer has admitted to stealing billions of dollars in Bitcoin from virtual currency Bitfinex in 2016. Ilya Lichtenstein,…