Marathon Digital Holdings has reported a record increase in its bitcoin (BTC) production, hash rate, and financial position for the month of March and the first quarter of 2023. According to a press release, Marathon produced 825 BTC in March 2023, a 21%...
According to senior commodities analyst Michael McGlone, bitcoin (BTC) is untouchable because it is more decentralized than other cryptocurrencies, such as ether (ETH). According to the Bloomberg senior commodities analyst, bitcoin is “untouchable” despite the continuous regulatory challenges in the cryptocurrency industry, and those who...
Bitcoin (BTC) plunged below the $28,000 market on April 3, when the top 12 cryptocurrencies moved to the red zone. However, the flagship digital currency has been showing bullish momentum with the $25 billion market recovery. On April 3, bitcoin dipped to a...
A growing coordinated attack against bitcoin (BTC) and the wider cryptocurrency industry has recently intensified, with U.S. Senator Elizabeth Warren (D-Mass.) expressing hostility towards digital assets. Key stakeholders in the industry, however, have been inadvertently providing ammunition to detractors by engaging in activities...
On-chain analytics firm Glassnode’s data reveals that bitcoin investors have recently been aggressively accumulating the cryptocurrency, a trend that may help prolong the ongoing rally. The “accumulation trend score” is the key indicator being analyzed, as it reflects whether bitcoin investors have been...
U.S. major Lowery’s groundbreaking concept of “Softwar” reveals how the unique attributes of bitcoin can be harnessed to enhance national security by imposing non-violent constraints on malicious actors. In recent news, a thesis paper on the potential impact of bitcoin on national security...
BitMEX, a crypto derivatives exchange, pointed out that F2Pool, a bitcoin mining pool, produced an invalid block at height 783426 on April 1, 2023. However, they did not state why and are still investigating the matter. F2pool seems to have produced an invalid...
The U.S. government is getting ready to auction off 41,000 Bitcoins that were connected to the infamous Silk Road marketplace. The proceeds will be used to benefit the U.S. Treasury. The United States government is making preparations to auction off a significant amount...
Open source bitcoin (BTC) developer Timo P — also known by the pseudonym 0xB10C — recently published a blog post highlighting the activities of an unidentified entity named LinkingLion. The entity has been connecting to bitcoin nodes and listening to transaction announcements since...
Bitcoin (BTC), the world’s largest cryptocurrency, has suddenly dropped in value, slipping below $28,000 to trade at $27,953 on March 31. This decline represents a 4.1% decrease from its 90-day high of $29,159 reached just the day before on Mar. 30. BTC daily...