Bitcoin miner Foundry acquires web3 firm Upstate Interactive

The two New York-based companies previously worked together to launch Foundry's staking business. The post Bitcoin miner Foundry acquires web3 firm Upstate Interactive appeared first on The Block.

Timeline of Bitcoin

Fort Worth, Texas, has become the first US city to mine Bitcoin after three mining machines were donated to the city by the Texas Blockchain Council.  Fort Worth Starts BTC Mining The Bitcoin mining program was unanimously approved by the city councilors of Fort Worth on Tuesday.

With Bitcoin trading at $38,487.33 at press time, you'd think that investors would be sick of the king coin's seeming refusal to climb above the $40k mark – and stay there. However, a look at the data suggests this might not be the case.

Bitcoin price formed a base above the USD 38,000 level and recovered above the USD 38,700 level. It is currently (12:03 PM UTC) trading around USD 39,000 and is facing a strong resistance near USD 39,200. BTC is down almost 4% in a day and 6% in a week.

For the second quarter of 2012, the Human Rights Foundation's Bitcoin Development Fund distributed 500 million satoshis in grants. The receiving projects came from “Cuba, Turkey, Pakistan, Ghana, Venezuela, Burma, and beyond,” according to Chief Strategy Officer Alex Gladstein.

Bitcoin mining difficulty is expected to jump 4.51% to hit a record high of 29.50 T in the next few hours as adoption increases. The current difficulty on the entire Bitcoin network is 28.23 T and the hashrate is 219.65 EH/s.

A new report says that asset management giant Fidelity Investments will allow participants of its company-sponsored retirement accounts to put a portion of their savings into Bitcoin (BTC). According to the New York Times, Fidelity plans to launch digital asset accounts, enabling holders of 401 (k) plans to invest in the flagship cryptocurrency if their The post $4,200,000,000,000 Asset Management Giant Set To Offer Bitcoin 401 (k) Plans This Year: Report appeared first on The Daily Hodl.

As the Cryptocurrency market continues with its volatility, investors move cautiously with their investment decisions. Today, Bitcoin has sunk below its key support level of $40,000 mark. This downfall has impacted the whole Cryptocurrency space. This price action has resulted in the global cryptocurrency market cap plunging by 3.41% over the last 24hrs positioned at …

With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine.

A solo Bitcoin (BTC) miner with a hashrate capacity of 60 terahashes per second (TH/s) has added a new block to the Bitcoin blockchain, registering the block reward of BTC 6.25 (USD 244,074).

It is a period where central banks experience a zugzwang situation where monetary tools meant to control rising inflation lead to higher unemployment and lower economic production.