Bitcoin falls under $60K as investors' global economic slowdown concerns rise

Update: As of 09:30 PM UTC on Oct. 24, Cointelegraph’s access to its Facebook page has been restored.Cointelegraph’s official Facebook page, boasting more than 730,000 followers, has been banned by the social media giant, while the cause remains unclear.On Sept. 18, our page was removed from the platform’s search results. Consequently, Cointelegraph has been unable…

Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability.The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment.Miner production cost faces off with BTC priceWhile Bitcoin miners have largely held off on major distribution as BTC/USD descends from all-time highs, the picture…

End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication. 447 Total views 4 Total shares Over the course of 2020 and 2021, the cryptocurrency industry has attracted a notable amount of mainstream attention. In line with the growing awareness of the crypto…

According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm. 473 Total views 12 Total shares Bitcoin mining company Greenidge Generation is planning to increase the number of renewable energy sources available for use in New York.In a Thursday announcement, Greenidge said it would…

Within the last hour, Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. The move came after a rather uneventful weekly close which saw the top-ranked digital asset on CoinMarketCap close above an important multi-year descending trendline. A few hours after the close, Bitcoin price found renewed strength and surged above…

The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.

DeFi’s surging popularity has seen the sector grow to comprise 240,000 users and more than $2 billion in value. 1958 Total views 22 Total shares The total number of users engaged with decentralized finance (DeFi) protocols has increased by more than 140%, since exceeding six-figures for the first time in January.According to data published by…

TrueFi does not expect Blockwater Technologies' default to affect its stablecoin lending pools or capital market portfolios. 107 Total views 5 Total shares