Bitcoin approached its 2022 price high on 28 March following a crypto market surge (Getty Images)After a meteoric rise throughout the month of March, bitcoin appears to have settled just below its record price high for 2022 of $48,000.The world’s most valuable cryptocurrency is enjoying a rare moment of stability at the start of the…
Climate activists have set up a campaign to pressure the cryptocurrency industry into adopting a new form of bitcoin mining that would be less harmful to the environment.The Change the Code Not the Climate campaign, backed by Greenpeace USA and Environmental Working Group, proposes that bitcoin switches from a ‘proof-of-work’ (PoW) system to a ‘proof-of-stake’…
Bitcoin approached its 2022 price high on 28 March following a crypto market surge (Getty Images)Bitcoin has finally broken out of a window it has been trading within since the start of the year, rising to a three-month price high on Monday.An overnight surge took BTC above $48,000 on Tuesday for the first time since…
A bitcoin wallet that has been dormant for more than a decade has mysteriously moved.The 500BTC held in the account were worth less than $250 when it was mined in January 2011, but are now valued at $23.5 million at today’s exchange rates.The last time the funds moved, bitcoin’s pseudonymous creator Satoshi Nakamoto was still…
Bitcoin approached its 2022 price high on 28 March following a crypto market surge (Getty Images)Bitcoin has finally broken out of a window it has been trading within since the start of the year, rising to a three-month price high on Monday.A 5 per cent overnight surge took BTC above $47,000 for the first time…
Bitcoin’s four-year moving average passed $20,000 for the first time in its history on 21 March, 2022 (Getty Images)Bitcoin (BTC) has enjoyed a steady price rally over the last week, leading a crypto market recovery that has seen Ethereum (ETH), Cardano (ADA) and Solana (SOL) all rise by more than 10 per cent.After pushing above…
Bitcoin’s four-year moving average passed $20,000 for the first time in its history on 21 March, 2022 (Getty Images)Bitcoin (BTC) has enjoyed a steady price rally over the last week, leading a crypto market recovery that has seen Ethereum (ETH), Cardano (ADA) and Solana (SOL) all rise by more than 10 per cent.After pushing above…
Ukraine has legalised cryptocurrency in a landmark bill signed into law by President Volodymyr Zelensky.The “Virtual Assets” bill establishes a legal framework for the use of bitcoin and other cryptocurrencies, determining their legal status and classification with regards to ownership and regulation.More than $100 million worth of cryptocurrency has now been donated to Ukraine since…
More than a billion dollars worth of bitcoin has been removed from one of the world’s leading crypto exchanges, marking the highest single-week outflow in nearly five years.The $1.2 billion that left Coinbase comes amid a resurgent cryptocurrency market – the price of bitcoin is up over 7 per cent over the last week –…
Despite major news in the crypto space, bitcoin has seen no major price movements in recent days (Getty Images)Bitcoin is experiencing a period of remarkable price stability, despite major developments within the crypto space in recent days. With BTC hovering around $38,500 on Tuesday morning, it is currently right in the middle of the $33,000-$44,000…