Bitcoin crosses $66K as traders eye 2 key indicators for $70K target

The partially recognized Republic of Abkhazia is planning to build a large cryptocurrency mining farm, the President Raul Khadjimba claimed in an interview with news outlet RiaFAN, published on July 2.When asked if Abkhazia’s plans to create a large crypto mining farm are still valid, Khadjimba said that “unfortunately, there are some difficulties. We are…

Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. 4995 Total views 23 Total shares Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase,…

Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25.The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues to dominate demand, comprising 68% of its loan portfolio. Lending in ether (ETH) almost halved to 3.6% compared with the last quarter, and…

Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes. 165 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the…

The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology.

PayPal’s co-founder Luke Nosek has said that his firm initially wanted to create a digital currency that would be independent from banks and governments, similar to crypto. The video of his comments was uploaded to crypto streaming service Bloxlive.Tv on Thursday, Jan. 31.At a panel at the World Economic Forum in Davos, Switzerland last week,…

The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court. The trial of the alleged launderer of $4 billion worth of Bitcoin (BTC), Alexander Vinnik, got underway in Paris on Oct 19.However, despite reported links to the 300,000 BTC hack of Mt. Gox…

A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange. 115 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe ongoing saga of the South Korean cryptocurrency exchange Bithumb continues, this time with…

In Spain, companies across various industries — not just digital finance — have begun to apply blockchain technology to their operations. This disruptive technology has promoted pioneering projects in the country that are expected to add 20 billion euros to Spanish gross domestic product by 2030.As expectations around this technology increased in Spain throughout 2021,…