Due to the rapid decline in the value of Bitcoin since the start of the year, the number of liquidations has also increased in recent weeks, with $372 million in long positions in the perpetual market across all exchanges being liquidated in only one day, January 22.

Want to buy some bitcoin? Better get your ID and front-facing camera ready. These days, the price of entry into cryptocurrency is usually not just your dollars or euros but also a wealth of personal data. The practice of gathering such data from users, known as know-your-customer, or KYC, has been increasingly adopted by major cryptocurrency platforms as regulators across the world grow concerned about the use of crypto by criminals. (Of course, bad actors still find ways to sneak in, as a recent CoinDesk investigation found.)

As cryptocurrency investors reel from the sharp sell-off in bitcoin and other digital currencies, some fear the worst is yet to come. Bitcoin, the world’s largest virtual currency, briefly plunged below $33,000 Monday to its lowest level since July. It’s since recovered back above the $36,000 mark, but is still down almost 50% from a record high of nearly $69,000 in November.

Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' wellbeing and its monetary policy sovereignty.

In a blog post published in the early hours of Thursday morning, cryptocurrency exchange Crypto.com acknowledged that the company had lost well over $30 million in Bitcoin and Ethereum after a hack that took place on January 17th. The company has been criticized for vague communication around the hack, which was only officially confirmed yesterday by CEO Kris Marszalek.

Intel has officially entered the cryptomining business.

When the Mozilla Foundation took to Twitter on New Year's Eve to announce it was going to begin accepting cryptocurrency donations, it likely didn't think about potential blowback from one of its founders, but that's what it got. In response, Mozilla has said it's pausing cryptocurrency donations.

For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.

Jack Dorsey’s payments company Block (formerly Square) is going to start mining for bitcoin. In a string of tweets, Block’s general manager for hardware, Thomas Templeton, laid out the company’s plans for next steps.

Bitcoin adoption continues to grow. Not a week goes by without an announcement making headlines. This doesn't directly affect the price of Bitcoin on the spot market, but it makes sense: there's always a lag between the price of Bitcoin and the events that reinforce its revolution.

Bitcoin is a decentralized payment system: a central institution to verify and settle transactions does not exist. What drives the transaction fees in this system? Can it remain tamper proof in the long run? We develop an empirical model to study how the demand for bitcoin influences transaction fees. To identify supply and demand effects, we analyze two types of events—two rapid price increases since late 2017 and the introduction of a new feature called Segwit.

Here we go again. Kosovo is axing Bitcoin miners. It’s just the most recent in a long list of nations that are banishing the industry. China’s crackdown on Bitcoin mining last year, culminating in a full ban in September, unleashed a diaspora of producers seeking new homes. Many flocked to green sources in the Nordic nations, while others tapped coal and natural gas in Kazakhstan, Iran, Kosovo, and tiny Abkhazia; by last fall, more than one-quarter of all of the signature currency’s coins were being minted in Kazakstan and Iran alone.

PayPal has been expanding its cryptocurrency business since it opened trading to all users in 2020. It allowed US customers to check out with cryptocurrency and increased its crypto buy limit over the past year. In the future, it might also offer a stablecoin of its own. Jose Fernandez da Ponte, SVP of crypto and digital currencies at PayPal, has confirmed to Bloomberg that the online payment provider is "exploring a stablecoin." He also said that the company will work closely with relevant regulators "if and when [it] seek[s] to move forward."

Once again, the internet is mad at Matt Damon. The Oscar-winning actor and writer is currently starring in an advertisement for Crypto.com. (CRCW) With the slogan “Fortune Favors The Brave,” the clip finds Damon pondering the difference between those who achieve great things, and those who sort of almost achieve great things.

Decreasing profitability reduces the incentive for new miners to provide security to the network. The latest difficulty adjustment occurred at block height 715,680, mined on Christmas Day, December 25. The hashrate at the time of the adjustment was 173.69 EH/s — only 0.71% higher than the 172.45 EH/s from the previous difficulty change.

As cryptocurrency adoption moves closer to general acceptance, participants in the crypto space are implementing systems to help facilitate the transition. Indeed, as the current demand for assets such as Bitcoin rises, the number of ATMs that offer digital currencies, in turn, has also increased. In light of this growing demand for crypto assets, almost 20,000 new Bitcoin ATMs have been installed so far in 2021, with more than 50 ATMs being added every day.

Bitcoin is the largest cryptocurrency by market cap. Like other cryptocurrencies, it’s also incredibly volatile. In March 2020, for instance, Bitcoin’s price practically halved in just a few days as markets tumbled amid fear about the pandemic. By early September, it had rebounded from about $4,000 to highs of $12,000—before promptly crashing again, dipping under $10,000.

Cryptocurrency-based scammers and cyber criminals netted a whopping $7.7 billion worth of cryptocurrency from victims in 2021, marking an 81% rise in losses compared to 2020, according to blockchain analysis firm, Chainalysis.

A “massive bullish move” could be the result of this week’s momentum indicator move, in line with behaviour from throughout 2021.

Whilst doing some Spring cleaning back in 2013, a man threw his old PC hard drive into the trash, which quickly joined the mountain of rubbish at his local landfill site in Newport, Wales, UK. Little did he know at the time, that same hard drive contained a wallet filled with 7,500 Bitcoin, worth a cool £500,000 ($665,000) in the early crypto days. Now? That wallet is worth $357 million.