Bitcoin: News
Bitcoin is a type of cryptocurrency that operates without an authority resembling a central bank for conventional currency. This digital currency operates on a peer-to-peer network without the need for any intermediaries, currency-issuing authorities, or governing bodies. This unique self-sufficient system was invented in 2008 by an unknown entity operating under the name of Satoshi Nakamoto. The currency was first used in 2009 where its implementation was released as open-source software. Today, bitcoin is one of the most highly valued cryptocurrencies trading under the code BTC. Today, over 18,660,000 bitcoin are in circulation, each of which is valued at approximately 46,357 USD as of August 2021. Bitcoin is created or "mined" by solving complicated hash calculations using supercomputers or an array of ordinary consumer-grade computing hardware known as a mining rig. Since the total supply of bitcoin is limited to 21,000,000 tokens, the complexity of the hash calculations increases exponentially, having a similar effect on the value of the cryptocurrency. However, bitcoin has been criticized for facilitating illegal transactions, price volatility, thefts from exchanges, and the large carbon footprint of mining rigs, since they run on electricity.
Bitcoin regains $91,000 mark amid hopes of Fed rate cut
Bitcoin, the world's largest cryptocurrency, has shown a slight recovery in value.
Bitcoin tumbles over 4% to below $88,000
The cryptocurrency market is witnessing a major correction, with Bitcoin falling sharply in early Asia trading.
Bitcoin recovers to $91,000 amid institutional buying, market optimism
Bitcoin has surged back to the $91,000 mark, a jump of 4.52% in the last 24 hours. The surge is attributed to renewed buying interest and improved market sentiment.
Bitcoin rebounds from 7-month low to $88K, Ethereum jumps 3%
Bitcoin, the world's leading cryptocurrency, has seen a strong recovery from its recent seven-month low of $81,000.
Bitcoin crashes over 21% in November amid forced liquidations
Bitcoin, the world's most traded cryptocurrency, has witnessed its worst monthly decline in over three years.
Bitcoin sees 30% drop in value: Should you invest now?
Bitcoin, the world's largest cryptocurrency, has witnessed a major price correction. From its peak of around $125,000 on October 6, the digital currency has lost over 30% in value.
Bitcoin drops toward $81,000 in worst month since 2022
Bitcoin, the world's largest cryptocurrency, is heading toward its worst monthly performance since a series of corporate collapses rocked the crypto sector in 2022.
Why Bitcoin prices are falling sharply
Bitcoin, the world's largest cryptocurrency by market capitalization, has seen a major dip in its value.
Using stablecoins for payments might soon be allowed in India
The Indian government is considering the use of stablecoins, a type of cryptocurrency, for transactions.
Bitcoin falls below $90,000 for first time in 7 months
Bitcoin has slipped below the $90,000 mark for the first time in seven months, indicating a decline in investor risk appetite across financial markets.
Bitcoin's price falls to 6-month low: What's the reason?
Bitcoin, the world's largest cryptocurrency by market cap, has hit a six-month low.
Americans are turning to Bitcoin mining to heat their homes
As the US braces for winter, traditional heating sources like home heating oil, natural gas, and electric furnaces are becoming more important.
What is Threema, messaging app used in Delhi blast plot?
The recent car explosion near Delhi's Red Fort has taken a digital twist. Investigators have traced the communication of three doctors, allegedly involved in the plot, to a Swiss messaging app called Threema.
Bitcoin now trading at 6-month low: Here we decode why
Bitcoin has seen a major drop today, falling over 23% from its all-time high of over $126,000 a month ago.
Bitcoin drops below $10,000 as whales dump $45B in bets
Bitcoin has witnessed a major downturn, falling as much as 7.4% and dropping below the $10,000 mark for the first time since June.
Bitcoin at $108,000: What's behind the crypto market decline?
The cryptocurrency market is witnessing a wave of volatility, with Bitcoin and Ethereum prices taking a hit.
Cheating case: Allahabad HC to hear Jawed Habib's plea today
Celebrity hairstylist Jawed Habib and his son Anosh have approached the Allahabad High Court to quash the First Information Reports (FIRs) lodged against them in connection with an alleged cheating and fraud case.
Ukrainian crypto trader found dead in Lamborghini amid market crash
Konstantin Galich, a prominent Ukrainian crypto trader, was found dead in his Lamborghini Urus in Kyiv's Obolonskyi district on October 11.
Bitcoin, Ethereum tumble as trade war fears trigger massive sell-off
The cryptocurrency market is witnessing a major sell-off, with Bitcoin and Ethereum both taking a hit.
$19B: Cryptocurrency market suffers biggest single-day wipeout in history
The cryptocurrency market has witnessed its biggest single-day wipeout in history, with over $19 billion liquidated.
Bitcoin hits new all-time high, surpasses $125,000 mark
Bitcoin, the world's largest cryptocurrency by market capitalization, has hit a new all-time high of $125,245.57. The digital currency was up nearly 3% at the time of writing.
Bitcoin hits all-time high today: Here we decode why
Bitcoin, the world's largest cryptocurrency by market capitalization, has hit an all-time high of $125,689.
'Goddess of wealth' pleads guilty to world's largest crypto fraud
A Chinese national, Zhimin Qian, has pleaded guilty for her role in the world's largest cryptocurrency fraud.
PayPal now lets you send money, crypto via shareable links
PayPal has launched a new feature, PayPal Links, to make peer-to-peer (P2P) payments easier.
Bitcoin, Ethereum ETFs record $1B+ inflows in a single day
In a major development, Bitcoin and Ethereum exchange-traded funds (ETFs) have witnessed massive inflows of over $1 billion on September 12.
Trump discarded India ties for family's business with Pakistan: Ex-NSA
Former United States National Security Advisor (NSA) and attorney Jake Sullivan has accused President Donald Trump of jeopardizing US-India relations for his family's business interests in Pakistan.
Bitcoin hits 7-week low: Time to buy the dip?
Bitcoin (BTC) has seen a slight dip of over 0.2% in the last hour, trading at around $111,375.99.
Bitcoin now fifth biggest asset, beats Google with $2.46T m-cap
Bitcoin has surpassed Google's parent company Alphabet in market capitalization, according to data from coinmarketcap and companiesmarket cap.
Bitcoin hits record $124,000 thanks to Trump's crypto-friendly rule
Bitcoin has hit a new all-time high, reaching $124,002.49 in early Asia trading on Thursday. The world's largest cryptocurrency by market capitalization surpassed its previous peak reached in July.
Ethereum outshines Bitcoin and peers with 41% monthly surge
Ethereum (ETH) has outperformed the broader cryptocurrency market with a whopping 41% surge in the last month.
YouTube is hosting Bitcoin scam using my image: Apple co-founder
Apple co-founder Steve Wozniak has accused YouTube of hosting a Bitcoin scam that exploited his image.
JPMorgan may soon offer loans against cryptocurrency
JPMorgan Chase is considering a new financial service: loans backed by the cryptocurrency holdings of its clients.
Bitcoin hits all-time high of $121,000: Here we decode why
Bitcoin has hit an all-time high, crossing the $121,000 mark for the first time ever.
Bitcoin hits record high of $116,000: What's fueling the rally
Bitcoin has hit a new all-time high of $116,000 for the first time.
Bitcoin crosses $112,000 mark for the first time ever
Bitcoin has hit a new milestone by crossing the $112,000 mark for the first time. The cryptocurrency rose as much as 3.1% to hit $112,009.
Musk unveils XChat, a new DM feature with Bitcoin-style encryption
Elon Musk has announced the launch of a new direct messaging (DM) feature on his platform, X.
AI's energy consumption could surpass Bitcoin mining by year-end
Artificial Intelligence (AI) is on track to become a major consumer of electricity, potentially surpassing Bitcoin mining as the biggest power guzzler.
Struggling for cash, Pakistan bets big on Bitcoin and AI
Pakistan is dedicating 2,000 megawatts (MW) of electricity to facilitate Bitcoin mining and artificial intelligence (AI) data centers.
Bitcoin hits new all-time high of $111,300
Bitcoin has reached a new all-time high of $111,333, breaking its previous record set in January this year.
Coinbase data leak 'could kill people,' warns millionaire entrepreneur
Michael Arrington, an American investor and founder of TechCrunch, has raised serious alarms over a recent data breach at Coinbase.
At $2T m-cap, Bitcoin now more valuable than Google, Meta
Bitcoin has hit a major milestone, crossing a market capitalization of $2 trillion for the first time ever.
37% surge in a month! Bitcoin surpasses $100,000 once again
Bitcoin has crossed the psychological barrier of $100,000 on the back of a wave of global trade optimism and growing institutional adoption.
What makes cryptocurrency so volatile? 5 key factors explained
Cryptocurrency volatility is a widely covered and analyzed topic. Knowing what causes these swings can offer a lot of insights for investors and enthusiasts alike.
Bitcoin plummets to $77,000 as Trump tariffs hit crypto markets
The cryptocurrency market took a major hit today, reacting to US President Donald Trump's global tariffs announced last week.
Trump family ventures into Bitcoin mining with new investment
The Trump family's entry into the cryptocurrency space continues to grow, with Eric Trump and Donald Trump Jr. now investing in a Bitcoin mining company, according to The Wall Street Journal.
North Korea's Bitcoin wealth will shock you—only behind US, UK
North Korea has become a key player in the cryptocurrency arena, now owning the world's third-largest stash of government-owned Bitcoin.
US establishes $17B 'Strategic Bitcoin Reserve': How it will work
The United States has created a "Strategic Bitcoin Reserve," an initiative that further highlights President Donald Trump's support for the cryptocurrency space.
Bitcoin hits $79,000—lowest level since Trump's return as President
The cryptocurrency market is witnessing a major sell-off, led by Bitcoin and Ether.
Why Trump has created a Bitcoin reserve in the US
US President Donald Trump has signed an executive order to create a "Strategic Bitcoin Reserve," as confirmed by David Sacks, White House Crypto and AI Czar, in a post on X.
Bitcoin prices drop as Trump's crypto reserve plan disappoints
Cryptocurrency values plunged on Thursday, a day after President Donald Trump announced a strategic Bitcoin reserve for the United States.