News

‘I Don’t Want Other Currencies Coming Out and Hurting the Dollar’ – Featured Bitcoin News

Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese government. He reiterated his anti-crypto stance: “I don’t want to have other currencies coming out and hurting or demeaning the dollar in any way.” Donald Trump Comments on Crypto and China’s Crackdown Former U.S. President Donald Trump commented on the…

Continue Reading

News

Silvergate Bank issues $100M credit line to mining firm Marathon Digital

Marathon Digital Holdings, a United States-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using USD and Bitcoin.According to information provided by Marathon Digital, the mining firm obtained the $100 million credit line from the crypto-friendly bank on Friday. The company will use the credit to purchase Bitcoin (BTC) mining equipment and fund…

Continue Reading

News

Bitcoin moves past $49K as Facebook, Instagram, and WhatsApp go down

Major social media and communication platforms Facebook, Instagram, and WhatsApp went offline this morning as the price of Bitcoin and other cryptocurrencies surged.As data from Cointelegraph Markets Pro shows, the Bitcoin (BTC) price moved above $49,000 after falling to a daily low of $47,166, an increase of roughly 4.5% in less than two hours. Similarly, the price of Ether (ETH)…

Continue Reading

News

Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K

The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed more global concerns related to the global financial system, rising inflation and supply chain challenges. Despite these struggles, many altcoins managed to rally and at the time of writing, the crypto gaming and decentralized finance sectors continue to…

Continue Reading

News

37% More Difficult to Mine BTC Than 3 Months Ago, Difficulty Nears 20 Trillion – Mining Bitcoin News

Bitcoin’s hashrate has been climbing steadily over the last three months and rose more than 40% after the network’s hashpower was below 90 exahash per second (EH/s) on July 5. The trend has led to a consecutive run of five bitcoin mining difficulty accruals with another increase expected during the next transition. Hashrate Steadily Increases, Antpool Commands Top Position, Unknown…

Continue Reading

News

All-in: Kraken Partners With Triton, the World’s Most Prestigious Poker Brand

Kraken is delighted to support the digital premiere of the Triton Million: A Helping Hand for Charity – the largest buy-in poker tournament ever televised. Run by Triton Poker, one of the game’s most exclusive brands, the event brought together 54 professional and amateur poker players for a tournament with an entry fee of £1,050,000.  The 2019 competition, which took…

Continue Reading

News

Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3

This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of the omnibus legislation, had all laser eyes glued to the fateful House of Representatives vote — which never happened. There is a sense, however, that the bill will…

Continue Reading