Iceland cuts power to new Bitcoin miners

National Iceland electrical company Landsvirkjun has cut the amount of power it will provide for some industries, including aluminium smelters and Bitcoin miners. A representative from the island’s power utility…

Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021

As 2022 draws closer, some cryptocurrency investment experts are doubtful about whether Bitcoin (BTC) has enough time to hit $100,000 in 2021. Following a major flash crash in the cryptocurrency…

Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes

Nasdaq Stockholm has announced that 21Shares has listed their first two physically backed exchange-traded notes (ETNs) on the Swedish trading platform.  The two instruments listed, with Bitcoin (BTC) and Ether…

Jack Dorsey’s Spiral demos Bitcoin Lightning Development Kit

The crypto arm of the recently rebranded Square (now Block) has demonstrated its Lightning Development Kit (LDK) as it aims to turbocharge the Bitcoin network.  The team from Jack Dorsey’s…

Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K

The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin…

Grayscale finds that over 25% of US households surveyed currently own Bitcoin

According to a report published by Grayscale Investments on Monday, more than one-quarter of U.S. investors surveyed (26%) said they already own Bitcoin (BTC). Out of this group of owners,…

Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6

Do you remember the time when a fleeting mention of Bitcoin, stablecoins, or even central bank digital currencies by a top-ranking government official was considered major news all over the…

Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip

Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000. In its daily QuickTake market updates on Dec. 5, on-chain analytics firm…

BTC sentiment ‘comparable to a funeral’ — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week with traders still digesting the impact of the last — a major price drop that at one point saw $41,900. A modest recovery is…

El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin – Finance Bitcoin News

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He…