Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s
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With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February
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Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue
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Despite the recent turbulence in the cryptocurrency market, Pantera Capital envisioned a surge in bitcoin’s price in the following weeks. According to the investment firm, ‘Tax Day’ could be one of the propellers. Moreover, the
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Bitcoin reminded of its enhanced volatility in the past day or so after a massive price slump to just over $34,000 and just as fast recovery to above $38,000. Most altcoins are also well in
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Bitcoin (BTC) increased considerably on Feb 24, reaching a high of $39,843 prior to being rejected. Reclaiming the $39,850 area is crucial for the continuation of the upward movement. Bitcoin initially fell on February 24, hitting
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Amid international crises and a shaky crypto market, debates rage on about what role Bitcoin actually serves as an investment. Is it digital gold, or just another risk asset? In a recent tweet, Ki Young
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Overall sentiment measured by Crypto Fear & Greed Index reversed to ''extreme fear'' As seen on CoinMarketCap, the cryptocurrency market is once again a sea of red, with some of the major altcoins plunging over
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The cryptocurrency market suffered a severe drop after Russian forces launched a full-scale invasion of Ukraine Bitcoin (BTC), the world’s largest cryptocurrency, plunged to $34,324, the lowest level since Jan. 24. It’s down about 8%
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According to the country’s mining association, licensed crypto-mining firms have already removed a third of their coin-minting hardware from Kazakhstan. The news comes amid power shortages and upcoming tax hikes that are turning miners away
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