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South Korea’s central bank has declared it is not considering adding Bitcoin to its foreign exchange reserves, emphasising the need for a “cautious approach” due to volatility. The BOK expressed concerns about potential transaction costs during market instability and noted that cryptocurrencies fail to meet IMF criteria for foreign exchange reserves. While the US pushes…
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At the moment, Bitcoin trades near critical support, around $83,000, amid investor caution. The asset repeatedly tested resistance levels at the top of a historical price channel. According to Glassnode data cited by Nic Puckrin, CEO of CoinBureau, Bitcoin supply remains notably thin between $70,000 and $80,000. If prices slip into that range, this supply gap…
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14h05 ▪ 4 min read ▪ by Fenelon L. A crypto whale bet $368 million against bitcoin, already raking in $2 million in profits despite enormous risk ahead of crucial Fed decisions this week. A $368M bet against Bitcoin: risky strategy or stroke of genius? On March 15, 2025, a large crypto investor, commonly referred…
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WASHINGTON, DC – JANUARY 20: President Donald Trump signs executive orders in the Oval Office on … [+] January 20, 2025 in Washington, DC. Trump takes office for his second term as the 47th president of the United States. (Photo by Anna Moneymaker/Getty Images) Getty Images It’s an oft-debated topic, as Bitcoin skates with its…
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The Bitcoin network hashrate rose 2 exashashes per second (EH/s) in the first two weeks of March, to an average of 811 EH/s, Wall Street bank JPMorgan (JPM) said in a research report Monday. JPMorgan noted that U.S.-listed miners maintained their share of the network hashrate at around 30%. The hashrate refers to the total…
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Four teenagers have been charged after an OnlyFans streamer was ordered to hand over her crypto at gunpoint. Kaitlyn Siragusa, a popular influencer also known as Amouranth, was targeted at her home in Texas earlier this month. Three armed assailants had broken into her bedroom, hit her repeatedly with a pistol, and ordered her to…
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Grassroots support for two bitcoin improvement proposals (BIP) appears to be emerging for Bitcoin’s next soft fork, centered around two candidates: BIPs 119 and 348. BIPs are the formal method for discussion of proposed changes to Bitcoin. Theoretically, if a BIP gains sufficient widespread support, it will be added to Bitcoin, by way of a…
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Will Bitcoin Go Up If Donald Trump Eliminates Income Tax For Americans Making Less Than $150,000? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. President Donald Trump‘s tax reduction plans, paired with his aggressive tariff policies, have significantly disrupted the cryptocurrency market, prompting heightened volatility and…
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Bitcoin (BTC) has slipped below the critical $100,000 mark, now trading around $83,000. However, recent activity from six Bitcoin wallets transferring over $22 million worth of BTC has sparked speculation about a potential sell-off in the near future. At the same time, Bitcoin’s network could be on the verge of a significant upgrade with the…
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Heralded as the flagship cryptocurrency, bitcoin disrupts traditional finance as a decentralized, borderless currency immune to government control or inflation. Its fixed supply of 21 million coins — capped by code — positions it as “digital gold,” a hedge against fiat currency devaluation, especially as global debt rises and central banks print money. Adoption is…