Bitcoin news

Bitfarms Hashrate Hits 4 EH/s After Building Argentina Farm
Bitfarms Hashrate Hits 4 EH/s After Building Argentina Farm

NASDAQ-listed Bitfarms has reached its 4 Exahashes/second (EH/s) milestone after starting its Argentina operations. Bitfarms will launch its second bitcoin mining farm possibly by Q2 2023. Meanwhile, Bitcoin has crashed alongside stocks and precious metals and is trading at $18,705.60. Bitfarms, a bitcoin (BTC) mining company that is publicly listed on NASDAQ, has achieved its 4 Exahashes/second (EH/s) milestone. This achievement occurred after the company started its mining operations in Rio Cuarto, Argentina. According to the company’s press release, the newest Argentina farm is its 10th site. The achievement came amid BTC suffering another crash. At the time of writing,

Latest-Bitcoin-(BTC)-Dip-Crushes-Crypto-Market,-Here’s-How
Latest Bitcoin (BTC) Dip Crushes Crypto Market, Here’s How

The Bitcoin (BTC) price fell unexpectedly as it dips towards $18,000. As the price continues to fall, a crypto enthusiast shares their analysis for the masses.  The analysis goes into detail on what needs to happen for the price to stop dropping. A closer look at the Bitcoin (BTC) charts could reveal why the crypto market took a sudden downward plunge today. In particular, one analyst shares their point of view and diagnoses the crypto market for the crypto community.  The price of Bitcoin (BTC) fell hard today, it went from a price close to $20,000 to a price closer

Stripe-To-Enable-Bitcoin-Payments-for-Merchants
Stripe To Enable Bitcoin Payments for Merchants

Stripe has partnered with OpenNode, a Bitcoin payment solutions provider. The partnership will enable Stripe merchants to convert payments received into bitcoins. Stripe marketplace will go live in a couple of weeks, although developers can start creating their own apps.  Global payments platform Stripe has revealed its partnership with OpenNode, a Bitcoin payment solutions provider. As a result of the collaboration, Stripe will enable its merchants to convert payments they receive into bitcoins. Specifically, the partnership will integrate the OpenNode Bitcoin payment app into the Stripe app marketplace. With Stripe’s huge user base extending to millions across different parts of

Bitcoin Drops $33K, Predictions to Hit $10K This Year
Bitcoin Drops $33K, Predictions to Hit $10K This Year

Bitcoin dropped below $33K after a continuous plummet from $36K. The downward pressure was due to increased interest rates imposed by the US Federal Reserve. Economists and crypto insights predicted it will hit $10K this year. The first cryptocurrency Bitcoin dropped below the $33,000 mark after falling by almost 6.9% in the past 24 hours and about 18.7% for the past seven days.  According to the data from CoinMarketCap, the market capitalization of the largest cryptocurrency collapsed to less than $600 billion. Yet, that amount was sitting at more than $900 billion on March 28. The downward pressure started after

Goldman Sachs Now Offers Bitcoin-Backed Loan
Goldman Sachs Now Offers Bitcoin-Backed Loan

Goldman Sachs grants cash collateralized by Bitcoin. A spokeswoman said their structure and 24-hour risk management would make the deal more interesting. The investment bank has been increasing its exposure to cryptocurrency since last year. Wall Street giant Goldman Sachs, a leading global investment bank, has launched its first-ever loan backed by cryptocurrency.  According to a report from Bloomberg on Thursday, Bitcoin owned by the borrowers can be used as collateral to avail of the loan.  A spokeswoman for the bank disclosed in the report that the secured lending facility lent cash collateralized by borrowers who owned Bitcoin. Noting that

‘Bitcoin Jesus’ Returns to Twitter, Favors DOGE Over BTC
‘Bitcoin Jesus’ Returns to Twitter, Favors DOGE Over BTC

Roger Ver said DOGE is better, cheaper, and more reliable [than Bitcoin]. He praised Elon Musk for purchasing Twitter in the interview. Ver said: “I was never a Bitcoin or Bitcoin Cash maximalist.” Roger Ver, a pioneer investor, and Bitcoin supporter, has returned to posting in Twitter after a year. He also showed his support for Dogecoin in an interview. His enthusiasm and all-out support for Bitcoin and Bitcoin Cash have earned him the alias ‘Bitcoin Jesus’. According to an interview with Bloomberg, Ver said he preferred Dogecoin over Bitcoin for payments. He emphasized that he’s a fan of the