Bitcoin's struggle to hold at $20,000 keeps crypto market on edge
Bitcoin struggled to hold above the closely-watched $20,000 level, extending a period of marked volatility that saw huge weekend swings.
Jun 20, 2022
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Business
News tagged with bitcoin
Business
Bitcoin plunges below $20,000
Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020.
Jun 18, 2022
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6
Business
Coinbase Global plans to cut 1,100 jobs, or 18% of staff
Coinbase Global says it plans to cut about 1,100 jobs, or approximately 18% of its global workforce, as part of a restructuring in order to help manage its operating expenses in response to current market conditions.
Jun 14, 2022
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Computer Sciences
Cryptography in the blockchain era
The advent of blockchains has ignited much excitement, not only for their realization of novel financial instruments, but also for offering alternative solutions to classical problems in fault-tolerant distributed computing ...
May 18, 2022
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5
Business
Bitcoin falls below $30,000, lowest since July 2021
Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US monetary tightening and surging inflation.
May 10, 2022
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Business
Cryptocurrency's dirty secret: Energy consumption
Though skeptics may characterize cryptocurrency as "fake money," "worse than tulip bulbs," or outright fraud, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently ...
May 05, 2022
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Energy & Green Tech
Crypto miners' electricity use in Texas would equal another Houston
The Texas grid operator expects crypto miners to increase electricity demand by up to 6 gigawatts by mid-2023, more than enough to power every home in Houston.
Apr 28, 2022
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Business
Fort Worth, Texas becomes first city government in the US to mine Bitcoin
Fort Worth, Texas will become the first city government in the United States to mine bitcoin, with Mayor Mattie Parker implementing a tech pilot project that could catch on across the nation.
Apr 27, 2022
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5
Business
Bitcoin miners descend on Georgia to mint new currency
Georgia was the site of America's first gold rush in 1828 when miners flocked to the mountains near Dahlonega looking to strike it rich. Nearly 200 years later, a new wave of miners is descending on the state.
Apr 13, 2022
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9
Security
Germany closes Russian darknet marketplace Hydra
German police said Tuesday they have taken down Russian-language illegal darknet marketplace Hydra, the largest such network in the world, and seized bitcoins worth 23 million euros ($25 million).
Apr 05, 2022
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