After having one of the worst months in recent history, Bitcoin was able to take a short breath yesterday, when a sudden rally made the cryptocurrency go up nearly 8% in a matter of hours. After falling below US$ 18.500 on Tuesday, Bitcoin saw a significant rise today. BTC is trading at US$ 20.704 this […]
Category: Bitcoin
The latest news headlines involving Bitcoin.
Bitcoin Might Become The First Currency to Achieve Net Zero Emissions by 2024
With the upcoming Ethereum update known as “the merge”, the cryptocurrency is set to abandon its proof-of-work consensus and adopt proof-of-stake. Meaning that Ethereum will significantly decrease its energy use after the update makes mining the cryptocurrency obsolete. The merge will leave Bitcoin as by far the cryptocurrency with the biggest energy consumption in the […]
$120 Million Worth of Bitcoin Was Removed from Binance In a Single Transaction.
According to recent reports, a bitcoin whale just made a single transaction of $6,003.59 BTC (or $117.6 million) from the cryptocurrency exchange Binance. This move alone was able to impact the cryptocurrency community, which is now wondering what was the motivation for getting read of $120 million worth of Bitcoin. One possibility is that the […]