The mainstream media mistakenly portray bitcoin mining as wasteful. Nothing could be further from the truth. Bitcoin mining provides an economic bid for otherwise unusable, excess energy. Bitcoin will propel humanity to abundance.

According to data, the crypto market has seen over $400 million in liquidations in the previous 24 hours as Bitcoin breaks above $23,000. A futures contract “liquidates” when losses mount and consume a predetermined portion of the initial margin or collateral (the precise amount depends on the derivatives exchange), forcing the exchange to close the position.

The economy can be thought of as a complex orchestra. Industry sectors are represented by the choir, strings, brass, woodwinds and percussion. These sectors are all working together as harmoniously as possible to create a seamless experience for the listeners and for themselves. Each individual utilizes the instruments available to them to add value to our collective experience.

Sherrod Brown, chairman of the U.S. Senate Banking Committee, has asked Apple and Google CEOs Tim Cook and Sundar Pichai to explain why bitcoin (BTC) scams are so prevalent on their platforms. Brown is requesting information regarding the processes that Google and Apple employ to approve the programs that they provide in their app stores, as many have turned out to be bogus apps meant to steal cryptocurrency from users. Brown further notes that once a scam has been identified, users who downloaded it do not receive notifications of illicit activities.

James Howells of Newport, Wales, shares his $11 million business plan to recover a hard drive with 8,000 bitcoins on it from a dump.

The charges allege the individuals planned to use confidential Coinbase information about which crypto assets were to be listed on Coinbase's exchanges. 

Elon Musk apparently isn’t trying to hodl Tesla’s bitcoin during a crypto winter. During the company’s Q2 earnings report, the electric car company revealed it has sold 75% of its Bitcoin

While crypto scams and hacking schemes continue growing more sophisticated, industry newcomers are increasingly put at risk. There is now a crypto stealer that can swiftly confiscate your crypto holdings within three clicks alone. Read below to learn about this efficient yet dangerous attack, and how best to avoid falling victim to it.

Bankrupt cryptocurrency lender Celsius’ lawyers have asserted that the platform’s users gave up rights to the digital coins deposited in the borrow-and-earn programs. What Happened: At the first bankruptcy hearing on July 18, Celsius legal counsel Kirkland & Ellis stated that customers had transferred their title to coins to Celsius under the e-Terms of Use (“TOUs”).

Former Blackrock Executive and investment adviser Edward Dowd has stressed that despite the recent crypto market turmoil, Bitcoin is here to stay and has the qualities to make it into everyone’s portfolio. While appearing on Layah Heilpern’s podcast, Dowd reiterated that once Bitcoin matures, it will likely beat gold due to unique features such as the ability to be transacted digitally.

A regulator had warned last year that Binance was offering its services in the Netherlands without authorization.

Russian President Vladimir Putin today signed into law a national ban on using digital assets for payments. The action comes after the Russian government and central bank have long debated what to do about cryptocurrency. Back in January, the Bank of Russia proposed an outright ban on crypto—for payments or investments. Today's law doesn't go quite that far. In February, Russia's Finance Ministry submitted a draft of cryptocurrency regulations to the government which, like the law enacted today, allows for investing in digital assets like Bitcoin or Ethereum, but not using them to buy things.

In a twist, a massive trove of stolen bitcoins will repay the dark web market creator's $183 million restitution.

A step-by-step guide to predicting the Bitcoin price prediction, 2040. A blog on the different steps that need to be taken to find out about the Bitcoin price prediction 2040. One of the most popular questions that people ask is “What will the Bitcoin price 2040 or in the future?” Unfortunately, predicting the future price of Bitcoin is very difficult.

After reaching an all-time peak on June 8, 2022 at block height 739.928, Bitcoin's hashrate has been declining in recent years. The hashrate fell from 243 exahash per seconds (EH/s), to today's 178.44, losing 26.56% in that time period. The difficulty adjustment algorithm (DAA), which has experienced two consecutive drops, is expected to drop once again in approximately 11 days or 1,600 blocks.

The famed stockbroker Jordan Belfort, whose life inspired the 2013 smash flick “The Wolf of Wall Street,” stated that he would be “shocked” if investment in Bitcoin did not prove successful within the next three to five years. The man whose memoir inspired the Martin Scorsese film (starring Hollywood actor Leonardo DiCaprio) advised investors on the new Yahoo Finance show The Crypto Mile to view Bitcoin as a long-term hedge against economic instability.

An engineer’s interest in joining what turned out to be a fictitious company led to March’s $540 million Axie Infinity hack.

Crypto exchanges’ Bitcoin balances are significantly reducing in spite of the intense bear market. There are traces of large and small investors accumulating BTC but it remains to be seen if the momentum would sustain the crypto price from further plunging in the near future.

The European Union has agreed on ground-breaking rules for regulating crypto assets, EU lawmakers said on Thursday, as the rout in bitcoin piles pressure on authorities to rein in the sector.

We are deep in the crypto bear market, and there likely is more pain ahead. Bear markets are incredible opportunities for self-reflection: both individually, and as a community. The great error of the bear market is to care about your portfolio value. To focus on price comes at the expense of your mental health, will probably result in you selling the bottom, and you squander this opportunity for self-reflection.