#bitcoin

The Commodity Futures Trading Supervisory Agency (Bappebti) has officially introduced Indonesia’s inaugural national crypto asset exchange. This groundbreaking platform commenced operations on July 20 and is poised to emerge as the exclusive and legally authorized venue for trading crypto assets in the country. The He­ad of Bappebti, Didid Noordiatmoko, reveale­d that the establishment of the­ […]

CoinMarketCap has recently released its data report for the first half of the year, providing insights into the trends and developments within the crypto market. The report reveals exciting patterns and changes in user behavior and market sentiment. #CMCResearch: #Crypto Market Overview in H1, 2023 🔎In this report, we dissect H1's market condition: 🔹 #Bitcoin […]

The UK government said “no” to the lawmaker’s idea of regulating crypto like gambling. Instead, it believes its existing proposals are better suited to handle risks, including those arising from the FTX collapse.  House of Commons Treasury Committee raised concern that the government’s plans to treat crypto like traditional finance were not strict enough. However, […]

Binance has cut off employee benefits since June 19, WSJ reported on July 17. The exchange said it is making changes because its profits have gone down. However, employees would no longer get fitness reimbursement, mobile phone reimbursement, and other bonuses. The crypto firm said current market conditions are not favorable for it. However, it […]

Binance announced the successful integration of Bitcoin over the Lightning Network (LN). Binance customers can now deposit Bitcoin into their accounts and withdraw it using the scaling technology. The Lightning Network of Bitcoin allows for faster, cheaper, and highly scalable transactions. This enables users to establish non-blockchain transaction routes. People can use the integration to […]

Surprisingly, the latest Consumer Price Index (CPI) report in the US revealed a meager 0.2% increase in inflation for June. This news comes as a relief to equity, gold, and silver investors, as it suggests a controlled rise in prices. However, the impact on the crypto market was minimal, despite the sudden spike in social […]

Ethere­um, the second-largest cryptocurre­ncy based on market value, e­xperienced a slight incre­ase in trading on Wednesday, hovering around $1,900 as inve­stors responded to the re­lease of the late­st U.S. inflation data, also revealing a small de­crease in the annual Consume­r Price Index (CPI) for June. The U.S. Bure­au of Labor Statistics (BLS) reported that in […]

New York-based investment firm Berenberg Capital Markets has released a comprehensive analysis. The analysis projects a surge in Bitcoin value ahead of its upcoming halving event, set to occur in approximately four months. MicroStrategy, the technology company founded by Michael Saylor, is poised to capitalize on this anticipated market development. Bitcoin-oriented stocks are expected to […]

Bitcoin miners saw a significant surge in earnings during Q2 2023, with transaction fees alone reaching a staggering $184 million, marking a remarkable 270% increase compared to Q1 and surpassing the total revenue generated in 2022. Such unpre­cedented growth can be­ attributed mainly to the re­cent upswing in Bitcoin’s value and the thriving marke­t for […]