Bitcoin Miners Experience Remarkable 400% Growth in Transaction Revenue in 2023
Anurima Das -
The increase in Bitcoin miners' revenue comes as mining difficulty reached an all-time high, rising by 3.55%. Additionally, in November, BTC miners attracted substantial venture capital investment, with Northern Data and Phoenix Group raising $600 million and $370 million, respectively.
Bitcoin Surge Drives Global Crypto Market to $1.5 Trillion Amid Panic Buying
Newsmen Business Desk -
This surge in Bitcoin's value propelled the overall crypto market capitalization beyond $1.5 trillion, marking a significant milestone since May 2022, when the crypto market faced a downturn triggered by the collapse of the Terra crypto token.
Bitcoin rocketing higher, topping $35,000 for the first time since May 2022
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The famously volatile cryptocurrency has more than doubled in value this year as investors grow excited about the prospect of being able to buy bitcoin funds that trade on good old-fashioned stock exchanges rather than having to deal with less-regulated and sometimes sketchy crypto platforms
Binance’s Bitcoin trading volume dips 48% amid reintroduced fees
IANS -
"BTC trade volumes on Binance are down 48 per cent in Sept, the second-largest monthly decline since April. Both drops coincided with the removal of zero fees for the largest BTC trading pairs. However, this time, the decline seems to align more closely with the broad market," Ianeva posted on X on Friday.
Bitcoin logs over 700K transactions in single day after almost 2 years: Data
IANS -
According to the data presented by the analytics firm IntoTheBlock, the number of reported Bitcoin transactions increased to nearly 703,000, representing not only the highest number recorded in 2023, but also the highest transaction volume seen in nearly two years.
19 people across world become billionaires via cryptocurrency
IANS -
Satoshi Nakamoto, the pseudonym for the creator of Bitcoin, is widely assumed to have the most Bitcoin wealth. Though the creator has not officially revealed the amount of Bitcoin he holds, estimates predict he has a wallet containing around 1.1 million BTC, according to data shared by niche news publisher BanklessTimes.com.
Indo-Canadian charged with laundering bitcoin worth over $24 mn in US
IANS -
The order for Firoz Patel, 48, came on Wednesday, shortly before he reported to prison in another case in 2021. The two-count indictment, unsealed on May 17, charged Firoz with money laundering and engaging in monetary transactions in property derived from specified unlawful activity.
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