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Latest News on Bitcoin

Bitcoin is the world’s first digital currency, which operates without a central bank or a single administrator. It uses the blockchain technology to function as a decentralized currency. Recent Bitcoin News may vary from country to country and state to state. This had led to a lot of ambiguity over the sustenance of Bitcoin as an alternative currency. While some countries like Algeria and Bolivia have completely prohibited the use of Bitcoins, it is completely legal and has a proper taxation system in place in Israel. In China, its use is restricted to certain kinds of entities like financial institutions. This varying degree of regulations on Bitcoin can send crypto enthusiasts like yourselves into a tizzy. But you need not worry. At Cryptoknowmics, we bring to you every bit of relevant and latest news on bitcoin and ensure that you never miss out on any important update.
Bitcoin Lightning Company Strike Offers Payments to 3 African Nations
LATEST NEWS ON BITCOIN

Bitcoin Lightning Company Strike Offers Payments to 3 African Nations

By using its “Send Globally” function, Strike, a payments system based on the Lightning network of Bitcoin made it possible for customers in the United S ...
Gungun Bhatia8 hours ago
East African Bitcoin Miner Gridless Generates $2M Venture Capital
LATEST NEWS ON BITCOIN

East African Bitcoin Miner Gridless Generates $2M Venture Capital

According to a Tuesday announcement from Gridless, a bitcoin mining startup that aids in the creation of alternative energy sources in remote East African communitie ...
Gungun Bhatia9 hours ago
KuCoin Employs Auditor Mazars to Deliver Report With Facts
LATEST NEWS ON BITCOIN

KuCoin Employs Auditor Mazars to Deliver Report With Facts

KuCoin, a cryptocurrency exchange, has hired auditor Mazars to confirm its proof of reserves in a third-party factual findings report. According to a statement on Ku ...
Gungun Bhatiaa day ago
Standard Chartered Predicts Unexpected Bitcoin Fall After FTX Fall
LATEST NEWS ON BITCOIN

Standard Chartered Predicts Unexpected Bitcoin Fall After FTX Fall

According to the worldwide research head and senior strategist at Standard Chartered, Bitcoin could fall as low as $5,000 in 2023. In a letter to investors released ...
Gungun Bhatiaa day ago
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Brazilian Law Now Permits Use of Cryptocurrencies as Payments
LATEST NEWS ON BITCOIN

Brazilian Law Now Permits Use of Cryptocurrencies as Payments

Although Brazil did not declare Bitcoin to be the legal currency, it took the further best action by allowing crypto to be used for payments nationwide. This gave th ...
Gungun Bhatia7 days ago
Aragon Project Puts $20M in Ether to Treasury for Safety As FTX Falls
LATEST NEWS ON BITCOIN

Aragon Project Puts $20M in Ether to Treasury for Safety As FTX Falls

The Aragon Project boosted its holdings of ether (ETH) in its treasury by more than $20 million in an effort to enhance its exposure to censorship-resistant digital ...
Gungun Bhatia11 days ago
Binance Releases Proof-of-Reserves (PoR) System for Holdings of Bitcoin
LATEST NEWS ON BITCOIN

Binance Releases Proof-of-Reserves (PoR) System for Holdings of Bitcoin

Binance released its official statement two weeks after first pledging to create a proof-of-reserves (PoR) system as a consequence of the FTX liquidity and insolvenc ...
Gungun Bhatia11 days ago
Foundry Acquires Some Assets of Bankrupt Bitcoin Miner Compute North
LATEST NEWS ON BITCOIN

Foundry Acquires Some Assets of Bankrupt Bitcoin Miner Compute North

Bitcoin miner Compute North, which applied for bankruptcy protection under Chapter 11 in late September, will sell two “turnkey” cryptocurrency mining as ...
Gungun Bhatia14 days ago
Iris Energy to Reduce Mining Equipment After Failing $108M Loan Debt
LATEST NEWS ON BITCOIN

Iris Energy to Reduce Mining Equipment After Failing $108M Loan Debt

Iris Energy, an Australian Bitcoin mining company, is the most recent victim of the cryptocurrency bearish market’s pressure, losing a sizeable portion of its ...
Gungun Bhatia15 days ago
Crusoe Buys $1.55M in Assets from Bankrupt Compute North
LATEST NEWS ON BITCOIN

Crusoe Buys $1.55M in Assets from Bankrupt Compute North

Crusoe Energy Systems will purchase 11 containers from bitcoin hosting company Compute North for about $1.55 million. According to paperwork submitted on Wednesday, ...
Gungun Bhatia20 days ago
BTC Technical Analysis: At $16.7K, Bitcoin Still Awaits Bullish Breakout
LATEST NEWS ON BITCOIN

BTC Technical Analysis: At $16.7K, Bitcoin Still Awaits Bullish Breakout

The BTC technical analysis exhibit a prolonged bearish trend with RSI at 33 and MACD below the signal line indicating high selling pressure, as BTC still consolidate ...
Sanjay Shukla20 days ago