Science and technology, explained simply
On January 3, 2009, cryptocurrency creator Satoshi Nakamoto generated the first “genesis block” of 50 bitcoins. The flagship coin celebrated its 15th anniversary with a 5.1% drop in just 2 hours to $42.6 thousand. Bitcoin lost 7% of its annual high of $45,922. ETH, a coin linked to the ethereum blockchain network, fell by 6.54% […]
The value of the most popular cryptocurrency has exceeded $45 thousand for the first time since April 2022 amid optimism about the possible approval of exchange-traded spot bitcoin funds. In 2023, bitcoin rose by 156%. This was reported by Reuters. The excitement around bitcoin is related to investors’ optimism that the US Securities and Exchange […]
Along with a “cautious” forecast of the crypto industry for the next year, JP Morgan predicted that Ethereum (ETH) will surpass Bitcoin (BTC) in 2024. Moreover, they made this prediction despite the upcoming halving event, which will reduce the number of bitcoin tokens in circulation. JP Morgan emphasized that “excessive optimism” could play against bitcoin […]
For the first time this year, bitcoin has surpassed the $40,000 mark on the back of general enthusiasm for lower interest rates in the US, and traders expect bitcoin funds to be approved soon. This was reported by Reuters. On Sunday, December 3, the value of bitcoin reached $40,210, the highest since April 2022. On […]
On average, each bitcoin transaction consumes as much water as a small swimming pool. This is stated in a study by the Free University of Amsterdam, BBC reports. According to scientist Alex de Vries, this is about 6 million times more than when using a regular credit card. According to the study, bitcoin consumed almost […]
Cryptocurrency prices recovered from a significant drop earlier in the week, and on Friday, bitcoin hit a new high for 2023. During the day, Bitcoin rose by 1.42% to $37,862 for the first time since May 2022. It grew by 3.9% over the week. Meanwhile, Ethereum has risen above the psychological level of $2000 and […]
In the United States, Binance is accused of being used for terrorist financing, money laundering, and other illegal activities that allowed Hamas, ISIS, and other terrorist organizations to conduct operations, as well as residents of sanctioned jurisdictions. This is stated on the website of the US Treasury. As part of the settlement, the company will […]
The National Anti-Corruption Bureau of Ukraine and the Specialized Anti-Corruption Prosecutor’s Office have announced the disclosure of a number of crimes related to the restoration of Ukraine involving Bitcoin. On its Telegram channel, the NABU reported that the MP had been exposed for “attempting to bribe a top official with bitcoin.” This post is accompanied […]
Over the past five days, Bitcoin’s price has risen by more than 4% and reached a new high of $36,800 on November 9. BTC’s capitalization exceeded $700 billion for the first time in a long time and reached $714.74 billion. As for the value of transactions over the past 24 hours, it amounted to $23.82 […]
In October, the value of the cryptocurrency bitcoin increased by 27%. According to Bloomberg, this is the highest yield since January. According to the forecast of Bernstein analyst Gautam Chugani, the value of the main virtual currency will reach USD 150,000 by 2025. In his opinion, applications for launching a bitcoin ETF will be approved […]