Mobile to Be the First Alabama City to Approve a Bitcoin Mining Project

Global blockchain technology company Distributed Ledger Inc. and GulfQuest Maritime Museum have joined forces to develop a sustainable bitcoin mining project that has recently been approved by the City of Mobile, Alabama. Joint Efforts to Boost Bitcoin Adoption According to…

Timeline of Bitcoin

Bitcoin (BTC) is trading below $30,000 on Thursday amid a broader market downturn that's been led by the troubled Terra ecosystem. The post Bitcoin tumbles below $30,000 as negative sentiment spreads in wake of UST de-peg appeared first on The Block.

Bitcoin has been losing value for months because of, among other market variables, limited liquidity circumstances and targeted dumping of high beta technology equities. Since the 2008 global financial crisis, low interest rates have caused broad market valuations to reach extraordinary levels.

As Bitcoin to a new low, other cryptos also plunged likewise including Ethereum, Solana, and Ripple. The market cap of the crypto industry even fell to $1.37 trillion representing the plight of investors.

The cryptocurrency market's fate doesn't look to settle anytime soon as the bears are all geared up, dragging the global market down by 19.38% over the past day trading at $1.14 trillion and leaving the market to bleed.  This movement has bought the flagship currency below $27,000, one that was never seen in 16 months. …

China has recently banned financial institutions and payment companies from providing services to cryptocurrency transactions. Saying that financial institutions, including banks, and online payments channels, must not offer clients any service involving cryptocurrency activities.  Crypto-related activities in China have now received little tolerance in the country. Cryptocurrency in China is protected by Chinese law which …

Bitcoin price has extended its losses after the flagship currency dropped below $30,000 and this price action was seen for the first time since July 2021. The currency did recover a bit trying hard to hold on to $30,000. However, the world's first cryptocurrency tanked below $30,000 again just after the news spread that the …

Bitcoin (BTC) price dropped below $27k today amid the market-wide pressure predominantly due to the latest U.S. Consumer Price Index (CPI) data. Veteran trader Peter Brandt, who predicted the Bitcoin fall to $28k when the price was trading near $39k, has a new forecast.

The recent crypto market downturn, which sent the prices of popular tokens such as Bitcoin (BTC) and Ether (ETH) plunging, has deterred some investors. However, whales remain unfazed by the market-wide losses and have been busy buying and selling Ether, driving high-value ETH transactions to levels not seen since January this year.

A crypto strategist and trader who has long predicted a massive Bitcoin crash below $30,000 is revealing how low he believes BTC will go. The pseudonymous crypto analyst Capo tells his 289,400 Twitter followers that Bitcoin's free fall is not over yet. He cites large whale transfers of BTC to crypto exchanges as the main The post Trader Who Accurately Called Bitcoin Collapse Below $30,000 Unveils Target Price for BTC Amid Crypto Free Fall appeared first on The Daily Hodl.

Germany has decided on a drastic tax break for crypto investors in new guidance posted by the country's federal finance ministry (BMF). The BMF released a document Wednesday morning regarding the treatment of income tax on cryptocurrencies and other blockchain-related tokens. The 24-page document covers a wide range of topics like the different types of The post Europe's Largest Economy Announces Tax Break For Bitcoin and Ethereum appeared first on Coin Bureau.