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.
Another Quarterly Scoreboard Top Spot for Bitcoin: Stealth Rally
LATEST NEWS ON BITCOIN

Another Quarterly Scoreboard Top Spot for Bitcoin: Stealth Rally

Bitcoin’s astonishing quick exit from its “crypto winter” has once again put the famously unstable digital currency at the top of the charts once again as the best-p ...
Sonakshi SaxenaMar 31, 2023
Texas Lawmaker Introduces Controversial Bitcoin Mining Bill
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Texas Lawmaker Introduces Controversial Bitcoin Mining Bill

Texas lawmaker Cody Harris has introduced a bitcoin mining bill aiming to have the legislature say the “Bitcoin economy is welcome” in the state. Texas Lawmaker Rall ...
Binance to Convert $1 billion Worth BUSD to BTC, ETH, And BNB
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Binance to Convert $1 billion Worth BUSD to BTC, ETH, And BNB

Changpeng Zhao, CEO of Binance, declared on Twitter that the leading cryptocurrency exchange will utilize approximately $1 billion remaining from its Industry Recove ...
Bitcoin NFT Market Will Reach $4.5 Billion By 2025, According To Galaxy
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Bitcoin NFT Market Will Reach $4.5 Billion By 2025, According To Galaxy

Galaxy Digital research unit has predicted that the Bitcoin NFT market will reach a $4.5 billion market cap by March 2025 in a “base case” scenario. Gala ...
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Coinbase Survey Reveals Americans Are Frustrated by the Financial System's Inequality
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Coinbase Survey Reveals Americans Are Frustrated by the Financial System's Inequ ...

A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency, a new Coinbase survey ...
UK High Court Accepts Craig Wright’s Lawsuit Over Ownership of Bitcoin Database
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UK High Court Accepts Craig Wright’s Lawsuit Over Ownership of Bitcoin Database

The U.K. High Court has ruled that Craig Wright’s lawsuit over the ownership of the Bitcoin database and the Bitcoin white paper carries enough weight to succeed. Cr ...
FASB Lays Down New Regulations for Crypto Accounting and Disclosure
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FASB Lays Down New Regulations for Crypto Accounting and Disclosure

The Financial Accounting Standards Board aka FASB has put forward a proposal to introduce new regulations on crypto, especially on accounting and disclosure. Accordi ...
Peter Schiff Softens His Stance on the Possibility of Bitcoin Hitting $100,000
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Peter Schiff Softens His Stance on the Possibility of Bitcoin Hitting $100,000

Renowned economist and equally well-known cryptocurrency critic Peter Schiff seems to have softened his stance on the possibility of Bitcoin reaching the $100,000 ma ...
Nayib Bukele Silences Critics as El Salvador Pays Its Entire Debt of $800M
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Nayib Bukele Silences Critics as El Salvador Pays Its Entire Debt of $800M

President Nayib Bukele has lashed out at reports of defaults and critics who criticized the country’s decision to adopt Bitcoin as a legal tender as he announc ...
Crypto Market Turns Green Again as BTC Crosses the 23k Mark
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Crypto Market Turns Green Again as BTC Crosses the 23k Mark

In what might feel like a respite to many crypto enthusiasts amid the downturn in the crypto market, major cryptocurrencies like Bitcoin, BNB, XRP, ADA, and LTC have ...
Celsius's 37,000 Mining Rigs Shut Off by Core Scientific
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Celsius's 37,000 Mining Rigs Shut Off by Core Scientific

During the miner’s bankruptcy process, Core Scientific had been running over 37,000 mining rigs for the insolvent cryptocurrency lender Celsius Network. Core h ...
Gungun BhatiaJan 4, 2023