Bitcoin price may need 3 months to copy gold bull run — Analyst

Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures.Bitcoin hash rate nearing 100 quintillionData from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate.…

The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor.

The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. 1582 Total views 21 Total shares After hitting a new all-time high price approaching $67,000 earlier on Wednesday, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc.According to data from…

Big four consulting firm PricewaterhouseCoopers (PwC) has partnered with mining and blockchain software company Bitfury Group to create a blockchain accelerator for businesses in Russia, according to a PwC press release today, Dec. 13.The release explains that PwC has already used Exonum — Bitfury’s open source framework for building blockchain applications — for educational courses…

Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research. 75 Total views 1 Total shares A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform Labs to subpoena information that could…

Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency.  Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England. He also shared concerns over

At the end of September, a number of established crypto firms (including Kraken, Bittrex and Coinbase) that are currently operating in the United States came together to establish a new governance body called the Crypto Rating Council (CRC) so as to jointly provide more clarity on the definition of various cryptocurrencies — that is, establish…

As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. 725 Total views 5 Total shares Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half…

Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now?After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%.Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and punishing shorters…