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.
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.
Crypto market loses $300B as tariff wars spark sell-off
The cryptocurrency market has taken a massive hit, losing $300 billion in value in a single day.
Bitcoin surges beyond $95,000 following Trump's US crypto reserve announcement
Bitcoin witnessed a massive surge, crossing the $95,000 mark after US President Donald Trump announced plans for a massive US crypto reserve.
Bitcoin slides below $80,000, now down 25% from all-time highs
Bitcoin, the world's largest cryptocurrency, has taken a major hit. On Friday, it plummeted by more than 5% to go below the $80,000 mark for the first time since November. The new low it hit was $79,666.
Bitcoin plunges 20% from peak, hits $83,000 mark
Bitcoin, the world's largest cryptocurrency, has taken a major hit, falling over 5% to hit an intra-day low of $83,740 on Thursday.
FBI says North Korea behind Bybit hack—world's biggest crypto heist
The Federal Bureau of Investigation (FBI) has accused North Korea of a major cyber theft, stealing around $1.5 billion in digital assets from cryptocurrency exchange ByBit.
Tech Explainer: What exactly is digital currency
Digital currency is the next big thing in the world of finance, and India is catching the wave.
Jack Dorsey may be Bitcoin's founder, suggests new theory
The mystery of Bitcoin creator Satoshi Nakamoto's identity has taken a new turn with speculation leading to Twitter co-founder Jack Dorsey.
Trump swaps bitcoin fraud suspect Alexander Vinnik for US teacher
United States President Donald Trump has swapped Russian computer whiz Alexander Vinnik for the release of American teacher Marc Fogel, the New York Post confirmed.
Shocker! Man considers buying landfill to recover $800M in Bitcoin
James Howells, a 39-year-old UK-based IT specialist, is considering buying a South Wales landfill site.
MicroStrategy rebrands to 'Strategy' as Bitcoin remains core focus
In a major rebranding, MicroStrategy, the top US-based business intelligence firm and biggest corporate holder of Bitcoin, has announced that it will now operate under the name "Strategy."
Bitcoin, Ethereum, other tokens crash following Trump's new tariff imposition
The cryptocurrency market witnessed a major crash on Monday, with Bitcoin and Ethereum taking the biggest hits.
'Rich Dad Poor Dad' author predicts market crash in February
Robert Toru Kiyosaki, the celebrated author of Rich Dad Poor Dad, has predicted a major financial crash.
Bitcoin hits $105,000 after Trump's executive order supporting cryptocurrency
Bitcoin, the world's number one cryptocurrency, has jumped a whopping 3% in value after an executive order from US President Donald Trump.
US banks ready for crypto payments: Bank of America CEO
Bank of America's CEO Brian Moynihan has said that the US banking industry is ready to adopt cryptocurrencies for payments, if given the green light by regulators.
Trump pardons Ross Ulbricht, founder of drug marketplace Silk Road
Ross Ulbricht, the notorious operator of the dark web marketplace Silk Road, has been pardoned by President Donald Trump.
Bitcoin hits all-time high of $109,000 ahead of Trump's inauguration
Bitcoin (BTC), the world's biggest cryptocurrency by market value, has hit an all-time high today, breaching the $109,000 mark.
Why quantum computers pose a threat to Bitcoin's security
Bitcoin, the world's largest cryptocurrency, is at a risk from the new frontier of quantum computing.
Computer scientist convicted for repeatedly lying about inventing Bitcoin
Australian computer scientist and businessman Craig Wright has been found guilty of contempt of court for repeatedly claiming that he is the elusive creator of Bitcoin, Satoshi Nakamoto.
Luxury brands eye crypto payments as Bitcoin value skyrockets
The soaring value of Bitcoin has caught the attention of luxury fashion brands and retailers, prompting them to explore cryptocurrencies as a payment option.
Bitcoin hits record high of $106,493 amid Trump's pro-crypto stance
Bitcoin has hit an all-time high, trading at $106,493 today.
Bitcoin surpasses $101,000: Is this start of a new rally?
Bitcoin, the world's largest cryptocurrency by market capitalization, has crossed the $100,000 mark once again. On December 12, it hit a value of $101,373.
How this lesser-known company became world's largest corporate Bitcoin holder
MicroStrategy Inc., a leading business intelligence and software solutions provider, has witnessed a whopping 2,800% rise in its share value over the last two years. The rise can largely be credited to the company's investment in Bitcoin.
Bitcoin crosses $100,000 mark for the first time
Bitcoin has crossed the all-important $100,000 mark for the first time ever.
Welsh man loses $710M in Bitcoin due to ex-girlfriend's blunder
James Howells, a Welsh man is locked in a legal battle to recover his lost Bitcoin fortune now worth an estimated $710 million.
Attention! $2M hidden treasure is up for grabs in US
If you are a treasure hunter, you might want to check out these hidden treasures.
Bitcoin surpasses $94,000 for the first time
Bitcoin, the world's largest cryptocurrency, has hit a new high by breaching the $94,000 mark for the first time.
Hacker behind billion-dollar Bitcoin heist gets 5-year sentence
Ilya "Dutch" Lichtenstein, the mastermind behind a major Bitcoin heist, has been sentenced to five years in prison by a Washington federal court after being pleaded guilty last year.
Bitcoin briefly tops $93,000 on Trump's pro-crypto stance, Fed policy
Fueled by expectations of interest rate cuts and pro-crypto policies from President-elect Donald Trump, Bitcoin hit a new high of over $93,000.
Bitcoin nears $90,000 mark, market cap now higher than silver
Bitcoin's latest rally has pushed it beyond silver, making it the eighth biggest asset in the world.
Bitcoin on a record-breaking rally, now nearing $90,000 mark
Bitcoin, the world's largest cryptocurrency, is on a record-breaking rally, closing in on $90,000.
Bitcoin surges past $81,000 mark for the first time
Bitcoin, the world's largest cryptocurrency, has seen a massive spike in value, breaching the $81,000 mark for the first time.
Bitcoin crosses $80,000 mark for first time ever
Bitcoin broke the $80,000 barrier for the first time ever, reaching a peak of $80,071.17 around 5:30 PM IST, as per CoinMarketCap.
Bitcoin to hit ₹1.5 crore by 2025-end, predicts Standard Chartered
Standard Chartered has predicted a massive jump in the value of Bitcoin and Ethereum by the end of 2025.
Bitcoin reaches record high of $75,000 as Trump leads polls
Bitcoin, the world's largest cryptocurrency, has hit a new all-time high, crossing the $75,000 mark.
Bitcoin ETFs witness significant inflows anticipating Donald Trump's win
Investors are increasingly pouring money into Bitcoin-tracking funds. The trend is fueled by expectations of a second presidential term for Donald Trump, a pro-crypto candidate.
Bitcoin founder mystery continues: Is Stephen Mollah real Satoshi Nakamoto?
Stephen Mollah, a flamboyant man with a long gray beard, has just claimed to be the real creator of Bitcoin. He says he is the mysterious Satoshi Nakamoto.
Bitcoin's price touches 4-month high of $71,310: What's fueling rally?
Bitcoin's value has soared beyond the $71,000 mark for the first time since June 2024.
Man claimed as Bitcoin's creator in HBO documentary now hiding
HBO's recent documentary, "Money Electric: The Bitcoin Mystery," sparked controversy by claiming that the mysterious creator of Bitcoin, Satoshi Nakamoto, is actually Peter Todd.
Bitcoin surges to 3-month high, nearing $70,000 mark
Bitcoin, the world's largest and most popular cryptocurrency, hit a three-month high of $69,400 today.
Tesla transfers entire $765 million Bitcoin holding to unknown wallet
Tesla, the electric vehicle giant, has just moved its entire Bitcoin stash worth more than $765 million to a new digital wallet.
Software developer Peter Todd is Bitcoin creator Satashi Nakamoto: HBO
A new HBO documentary, "Money Electric: The Bitcoin Mystery," has once again sparked the debate over the true identity of Satoshi Nakamoto, the mysterious creator of Bitcoin.