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Bitcoin
US Supreme Court to Decide Whether Coinbase Can Force Users to Settle Disputes Through Arbitration
The U.S. Supreme Court has agreed to take up the Coinbase case concerning whether the crypto exchange can force users to settle disputes through private arbitration, rather than in court. The case stems from a dogecoin (DOGE) sweepstakes in…
Bitcoin’s Transaction Backlog Swells With Latest Inscription Wave, Pushing Fees Up 4,000%
After a quiet period post-September 15, Bitcoin transaction backlogs are surging anew, with a noticeable resurgence of Ordinal inscriptions starting October 24. The number of pending bitcoin transactions in the mempool has surpassed…
Cathie Wood Endorses Bitcoin ‘Hands Down’ Over Gold and Cash, Foresees Deflationary Economy
Cathie Wood, the founder and CEO of Ark Investment Management, has an optimistic outlook on bitcoin’s future and she recently shared her enthusiasm on Bloomberg’s “Merryn Talks Money” podcast. In the…
XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K
Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge.
NASA’s Psyche Mission Could Challenge Gold’s Scarcity With $10 Quintillion Asteroid Haul
Statistical forecasts suggest that the final bitcoin is expected to be mined by the year 2140, over a century from now, with an estimated 1,465,093.73 BTC still awaiting discovery. This finite supply is set to render bitcoin exceedingly…
The Simpsons Satirizes NFT Mania in Latest ‘Treehouse of Horror’ Episode
On Sunday’s anticipated Halloween special, The Simpsons unveiled its thirty-fourth “Treehouse of Horror” episode, showcasing Bart’s transformation into a non-fungible token (NFT) by Homer. In a twist of events,…
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
Hackers managed to steal 16.8 bitcoin over the weekend after a fake Ledger Live app was posted on the Microsoft app store.
Bitcoin Technical Analysis: Steady Above $35K as Indicators Signal Growth Potential
Bitcoin’s stability appears to be holding as the price consolidates around $35,140, showing a modest 24-hour trading range. Despite recent fluctuations, market sentiment remains cautiously optimistic, with key technical indicators…
Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per…