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Crypto

How the Upcoming Bitcoin Halving Could Shake Up Ethereum

The upcoming Bitcoin halving is one of the most highly anticipated events in the cryptocurrency world, and the upcoming 2024 halving is shaping up to be particularly significant for another major cryptocurrency too, namely Ethereum. With the relatively recent approvals...

Bitcoin Price Hits $50,000 at Two-Year High

Early on Monday, February 12, Bitcoin reached its highest price since December 2021, surpassing $50,000 for the first time in over two years. This caused a surge in the value of other cryptocurrencies and related stocks. Coinbase's stock, as...

US Bitcoin Miner, ‘Core Scientific,’ Is Filing for Bankruptcy

Core Scientific, one of the largest bitcoin miners registered in the US, is filing for bankruptcy. The Texas-based company filed for bankruptcy on Wednesday. The firm said that it would continue mining bitcoin whilst it works out a restructuring deal...

Cryptocurrency Empire FTX Collapses into Bankruptcy

Cryptocurrency exchange FTX filed for bankruptcy in the US on Friday, seeking court protection as it looks for a way to return money to users. Former boss Sam Bankman-Fried has also stepped down as chief executive, the company said. It...

Kim Kardashian Fined $1.26M by SEC for Promoting Cryptocurrencies

According to a statement released by the U.S. Securities and Exchange Commission (SEC), reality television personality Kim Kardashian was charged on Monday with improperly endorsing cryptocurrency security. The agency claimed that Kardashian decided to settle the allegations without acknowledging or...

Bitcoin Blues: Cryptocurrency Falls to Near $20K

Bitcoin is biting it. The digital currency continued its downward spiral on Wednesday, dropping to just over $20,000 (around 19,200 euros) in intraday trading. The cryptocurrency cratered from its all-time high just seven months ago when Bitcoin stood at over $57,000...

Crypto “Based on Nothing” Says ECB’s Lagarde in Warning to Investors

European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings. In an interview on a Dutch television show, College Tour, she stated...

Price of Bitcoin Drops to Nearly Two-Year Low

The price of bitcoin has fallen significantly this month with the value of the cryptocurrency reaching a 22-month low on Monday. Bitcoin's price has now dropped to $32,338.60 (30,627.89 euros) as of Monday evening, a slump which amounts to the...

The Bitcoin Experiment that Made MIT Students Rich

In 2014, MIT students Jeremy Rubin and Dan Elitzer conducted an experiment where they gave any interested MIT student $100 worth of Bitcoin worth roughly $300 a coin at the time. The $100 worth of bitcoin those lucky students...

Ukraine Legalizes Cryptocurrency, Receives Many Millions in Donations

Ukraine legalized cryptocurrency on Thursday, as the country has been receiving millions of dollars in donations in cryptocurrency aimed at helping the country in the wake of the Russian invasion. Ukrainian President Volodymyr Zelensky signed the bill called "On Virtual...