Bitcoin

CMC: The Market Is Finally Greener
CMC: The Market Is Finally Greener

According to Coinmarketcap`s Daily Chronicle, “it’s finally green”. The overall market has seen a Total Market Capitalization of $929.44 Billion. Bitcoin is up by 3.68 percent. The current crypto downturn has seen individual traders, as well as organizations and cryptocurrency pairs, suffer severe losses in their operations. However, according to Coinmarketcap`s Daily Chronicle, “it’s finally green.” The CMC media team believes that even when the changes are minor, it’s still getting green. This comes after the overall market has seen a Total Market Capitalization of $929.44 Billion which is significantly a 0.65 percent increase over the last 24 hours. The

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+5000-EazyPay-Merchants-Now-Accept-Bitcoin
+5000 EazyPay Merchants Now Accept Bitcoin

Bitcoin services are approved by over 5000 Eazypay merchants in Bahrain. This is an excellent development for Bitcoin. The Middle East has focused a lot of emphasis on cryptocurrencies. The king of crypto assets, Bitcoin, is still respected by businesses, investors, and states worldwide. Recently, Bitcoin services have been approved by over five thousand Eazypay merchants in Bahrain.  According to reports, customers may now use their Binance App to scan the generated QR from Eazy’s POS and pay with their choice cryptocurrency at Merchant Stores in “Real-Time.” This is an excellent development for the cryptocurrency pair in the journey to

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Temporary-Downtime-on-21-September-To-Fix-BitMEX
Temporary Downtime on 21 September To Fix BitMEX

The BitMEX platform is experiencing a computing issue. The issue is causing connection problems in their systems. The team has put BitMEX in maintenance mode to fix the problem. A BitMEX Twitter feed reports that the team is still looking into a computer platform problem that is creating connection issues in their systems, including sporadic access on API, web, and mobile as well as delays in Mark Price updates and in processing withdrawals and deposits. “Our Engineering team is working on identifying the root cause, while we remind our users that all funds remain safe.” BitMEX At 13:05 UTC, BitMEX

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Irish-Bitcoin-Mining-Farm-Uses-Organic-Waste-as-Energy-Source
Irish Bitcoin Mining Farm Uses Organic Waste as Energy Source

A BTC mining farm in Ireland is using organic waste as the energy source for its operations. The mining farm is operated by Scilling Digital Mining, an Irish crypto mining firm. The mining farm generates around 0.42 BTC per month — over $8,000 given the current market price. A Bitcoin (BTC) mining farm situated in Ireland revealed that it is using organic waste as the energy source for its operations.  According to a blog by content marketing agency Adaptive Analysis, the bitcoin mining operation is happening in Armagh, a county on the upper-right side of Ireland. In detail, there are

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Robbery-of-Ones-Own-Bank-Has-Become-Heroic-in-Lebanon
Robbery of One’s Own Bank Has Become Heroic in Lebanon

Lebanese depositors are demanding access to their money. People have witnessed the erasure of an entire way of life. Lark Davies: “Keep starking Bitcoin”. A Times correspondent Ben Hubbard, who has spent much of the past decade in Lebanon, reports that “it genuinely feels like the country is falling down.” People have witnessed the erasure of an entire way of life. In the same regard, depositors in Lebanon held up two banks to demand access to their own money that was frozen in the nation’s crippled banking system, highlighting the despair of those who have been unable to access funds

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Canada’s Indigenous Tribe to Mine Bitcoin Using Hydro Power
Canada’s Indigenous Tribe to Mine Bitcoin Using Hydro Power

The Mohawk Council of Kahnawake (MCK) and Kahnawake Blockchain Technologies are to apply for more energy to Hydro Quebec. MCK also partners with Pow.re to mine cryptocurrency. Kahnawake would obtain a percentage of the Bitcoin mined. Quebec’s governing body Mohawk Council of Kahnawake (MCK), which members created the new fintech Kahnawake Blockchain Technologies, permitted the fintech firm to apply for more electricity in Hydro Quebec. The energy will be used to power the community’s cryptocurrency mining operations. According to the published article of Local Journalism Initiative Reporter Marcus Bankuti, the idea was suggested by the company Pow.re, which offers a

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Reign of Bitcoin Is Over, Say Non-Believers for the 461st Time
Reign of Bitcoin Is Over, Say Non-Believers for the 461st Time

Non-believers say Bitcoin (BTC) is dead, over 461 times. The crypto community holds steadfast and either encourages buying or holding.  Bitcoin’s price dropped yesterday but looks like it is already recovering today. The sudden dip in the price of Bitcoin (BTC) yesterday led many to allow their faith in the pioneer cryptocurrency to drop even further. This has been a rough year for Bitcoin (BTC) and altcoins as well. Many are still hoping for a surge or a bull run soon.  However, with the repeated dips in the crypto market, the morale of crypto investors is constantly falling more than

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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,

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Cryptocurrency market value slumps under $1 trillion
Cryptocurrency market value slumps under $1 trillion

Global cryptocurrency market cap falls under $950,000,000,000. Investors sold out riskier assets in the previous two months. The technology that underpins cryptocurrencies has significant uses in industries. According to the statistics website CoinMarketCap, the value of the cryptocurrency market on Monday dropped below $1 Trillion for the first time since January 2021, dropping as low as $950,000,000,000. The market for cryptocurrencies as a whole reached a peak of $2.9 trillion in November 2021, but it has since sputtered. Due to soaring inflation and concerns that central bank interest rate increases will stifle growth, investors sold out riskier assets in the

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Shopify Competitor BigCommerce Integrates BTC Payments
Shopify Competitor BigCommerce Integrates BTC Payments

BigCommerce has now integrated Bitcoin payment into its system. BigCommerce is more well-known in the e-commerce platform industry. This is a great development that will help the firm to outdo its competitors. Two of the most potent e-commerce systems available are Shopify and BigCommerce. They make it simple for anybody to start, advertise, expand, and run a highly lucrative business from a single website. The term BigCommerce is more well-known in the e-commerce platform industry. BigCommerce has a SaaS business model. This means that using the BigCommerce e-commerce platform will cost you money each month (or every year).  According to

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Bitcoin-Races-Ahead,-Grows-Faster-Than-the-Internet
Bitcoin Races Ahead, Grows Faster Than the Internet

The rate of Bitcoin (BTC) adoption is much faster than that of the Internet.  We have moved from a web2 to a web3 world, the latter is growing much faster.  The Internet debuted in the 1950’s, Bitcoin in 2009, the latter grew much faster. The crypto Twitter space is gushing once again from a Bitcoin chart. This time the chart is drawing comparison to Bitcoin (BTC) and the Internet. It seems that the charts don’t lie and Bitcoin has grown much faster than the Internet. Since its inception in 2009, Bitcoin has come a long way. It has gone from

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65%-of-All-Bitcoin-Has-Not-Been-Moved-In-Over-a-Year
65% of All Bitcoin Has Not Been Moved In Over a Year

The drop in the price of Bitcoin has not had an effect on its available supply. The amount of activity on a network may plainly show how stable it is. Investors have had an especially rough time during the 2022 bear market. It’s not necessarily true that a market that is busy is healthy. A network’s level of activity can clearly reveal its stability, but a decline in activity may also foretell the beginning of a positive trend. Consider the Bitcoin network as an illustration. The majority of Bitcoin’s circulating supply hasn’t been impacted by its price decline. Over 65%

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