Category Archives: Bitcoin

Marathon Receiving 4,000 Rigs From Bitmain – Bitcoin Magazine

This morning, Marathon announced that a shipment of 4,000 new Antiminer S-19 Pro Bitmain miners are en route to its mining facility in Hardin, MT. This is the first of many shipments that Marathon has scheduled for 2021 which will fulfill its order for more than 103,000 additional miners from Bitmain, according to a release […]

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Bitcoin miners raked in more than $1 billion in revenue last month

Mining bitcoin is finally profitable again as new data has revealed that miners were able to bring in $1.09bn in revenue last month. This is significant due to the fact that bitcoin revenue in January reached its highest point since December of 2017 before the cryptocurrency bubble crashed later that month. At the same time, […]

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BIS head: Bitcoin may break down altogether, has no actual value backing

The head of the Bank for International Settlements believes that Bitcoin could end up collapsing altogether. Agustín Carstens, the BIS general manager, criticized the use of Bitcoin as a currency as “it has no value backing.â€� He believes that a central bank digital currency is the future for digital payments. Carstens was speaking at a […]

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Tesla Motors, Inc. (NASDAQ:TSLA), MicroStrategy Incorporated (NASDAQ:MSTR) – Could Tesla Be Planning Bitcoin As Treasury Reserve?

The world’s richest man caused a rise in the value of Bitcoin by changing his Twitter biography last week. What Happened: Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA) updated his Twitter Inc (NASDAQ: TWTR) bio to simply include the hashtag #bitcoin. Over 44 million followers of Musk now see the cryptocurrency front and center when […]

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Bitcoin Remains Fixed in a Regulatory Microscope as Prices Set Fresh Record Highs

The insights were taken from a Bitcoin analysis outlook provided by BDSwiss Research. However, despite smashing multiple performance records in recent months, prices have stopped short of extending gains further as market participants consolidate and engage in profit-taking. Technical analysis Considering the attractive fundamental climate for bitcoin traders, the technical outlook is rather mixed. Speaking […]

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Bitcoin miners raked in more than $1 billion in revenue last month

Mining bitcoin is finally profitable again as new data has revealed that miners were able to bring in $1.09bn in revenue last month. This is significant due to the fact that bitcoin revenue in January reached its highest point since December of 2017 before the cryptocurrency bubble crashed later that month. At the same time, […]

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Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

Bitcoin is taking a break, staying in a tight trading range with lower than average volume compared to the past month. Meanwhile, alternative cryptocurrencies and decentralized finance are stealing the spotlight. Bitcoin (BTC) trading around $33,782 as of 21:00 UTC (4 p.m. ET). Gaining 2.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,341-$34,715 (CoinDesk […]

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Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

Bitcoin is taking a break, staying in a tight trading range with lower than average volume compared to the past month. Meanwhile, alternative cryptocurrencies and decentralized finance are stealing the spotlight. Bitcoin (BTC) trading around $33,782 as of 21:00 UTC (4 p.m. ET). Gaining 2.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,341-$34,715 (CoinDesk […]

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The very first Bitcoin gameshow

There is a new way to get your business venture on the map in the Bitcoin ecosystem–Bitcoin’s Got Talent. Bitcoin’s Got Talent is a mix between a game-show, a pitch competition, and a hackathon; there are three main judges–Isaac Morehouse, Jack Liu, and River–as well as one guest judge–TK Coleman (on episode one)–that listen to […]

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Rockstar and Kiss Bassist Gene Simmons Tells Fans He Bought Bitcoin and Other Cryptocurrencies – Bitcoin News

In September of 2020, the frontman for the rock band Kiss, Gene Simmons, tweeted a cryptic message about bitcoin with one of the cofounders of the Gemini crypto exchange. Then on Sunday, the Kiss singer tweeted to his 900k Twitter followers that he bought “bitcoin, ethereum, litecoin, and others.â€� The bassist and co-lead singer of […]

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