Blog

Why Bitcoin price is going up

The price of Bitcoin has surged to unprecedented heights, crossing the $100,000 mark for the first time on Wednesday. The world’s largest cryptocurrency was last trading at $103,225. According to NBS News, this milestone comes as demand for the digital currency soars, driven by a wave of...

New Bill For National Bitcoin Reserve Introduced In Brazil’s Chamber Of Deputies

In a step toward integrating crypto into the country’s financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve.  Brazil’s Proposed Bitcoin Reserve Bill Filed on Monday, the legislation proposes the establishment of the Sovereign...

The Trump Administration’s Impact on Banking Begins to Take Form

Republicans will be painting the nation’s capital red for at least the next two years. But, as one observer says, Democrats and Republicans don’t stay in their traditional boxes anymore, and while the new Trump administration will be pro-business, it might not always be pro-banking....

Rethinking energy storage with Bitcoin mining

The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Energy generation is a great thing for humanity. The famous astrophysicist Nikolai Kardashev went as far as considering energy generation as the one factor to...

The transformative potential of Bitcoin in the job market

Bitcoin (BTC) has already changed the world, and as it gains traction, its potential to reshape the job market is becoming increasingly apparent. Even though recently we saw layoffs by big companies like Consensys and Kraken, it must be due to the industry’s maturing nature where companies are...

The financial knowledge level of cryptocurrency investors is a cause for concern.

A new study conducted by the crypto gaming initiative PiP World revealed that the financial literacy rate in the cryptocurrency community is at 25%, which is half of the average in the United States. The research reported that 76% of investors regret their investment decisions, and 7 out of 10...

Bitcoin Outperforms Every Other Asset, With a Compound Annual Growth Rate of 40%, Says Natalie Brunell

In a recent interview with Kitco News, Natalie Brunell, a Bitcoin educator and host of the Coin Stories podcast, shared her thoughts on U.S. Senator Cynthia Lummis’s groundbreaking proposal for a U.S. Bitcoin Strategic Reserve. According to Brunell, Senator Lummis has suggested converting part...

Bitcoin investor starts a $2 million treasure hunt in US. Here’s all you need to know

A Bitcoin investor hid five treasure chests worth over $2 million across the United States. The chests contain various valuables, including gold, jewelry, sports memorabilia, and historical artifacts. Investor Jon Collins-Black created the treasure hunt and published a book, “There’s Treasure...

Bitcoin dips below $93,000 amid rising liquidations and profit-taking

Bitcoin faced selling pressure, dipping to an intraday low of $92,600 before recovering to $94,600 on Tuesday. Its market dominance dropped to 57.38% as long-position liquidations exacerbated the downward trend. As of 12:19 p.m., Bitcoin traded 3.5% lower at $94,785, while Ethereum, the...

What to know about Howard Lutnick, Trump’s pick for commerce secretary

By FATIMA HUSSEIN WASHINGTON (AP) — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. The nomination would put Lutnick in charge of a sprawling Cabinet agency that...