Latest News (Page 2215)

Bitcoin saw a small pop this morning on weaker-than-expected weekly initial jobless claims, rising from under $26,500 to at one point above $26,800.Claims jumped to 261,000 last week, up from 233,000 a week earlier, marking the second-highest reading of the year.While 261,000 initial claims in one...

US Sen. Cynthia Lummis is not a fan of President Biden’s proposed 30 percent tax on cryptocurrency miners. “That isn't going to happen,” the Wyoming Republican and crypto enthusiast, said on Friday at Bitcoin 2023 Conference in Miami. There are environmental benefits...

The minutes from this month’s FOMC meeting of US Federal Reserve policymakers were just released, revealing the bank to be divided on the need for further interest rate hikes.Cryptocurrency, forex, US equity and US bond markets didn’t see much of a reaction to the minutes, the tone of...

Last Friday was a historic day for the Bitcoin network.For the first time in Bitcoin’s history, the number of wallet addresses holding at least 1 BTC entire token surpassed one million.The consistent rise in the number of so-called “wholecoiner” Bitcoin wallets, which resumed in...

Bitcoin is on course to close May down a little over 7%, marking the first negative month for the world’s largest cryptocurrency since last December.The drop would also mark BTC’s worst month since the collapse of cryptocurrency exchange FTX triggered a 16% price drop last November.But...

El Salvador’s adoption of Bitcoin as a legal tender has caused concern among American lawmakers, who are calling for a risk report on the potential impact on bilateral economic relations and law enforcement cooperation. Last month, US Senators Jim Risch and Bob...

The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI. The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as...