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Bitcoin News

Archived coverage · Forkast crypto archive

  • Bitcoin News

    Markets: Bitcoin, Ether rise with equities as US inflation shows signs of slowing

    Bitcoin, Ethereum and all other top 10 cryptocurrencies rose in tandem with U.S. equities markets overnight as consumer data showed U.S. inflation slowed in July. Polkadot surged after announcing a tie-up in decentralized finance services. See related article: Markets: Bitcoin, Ether fall in general sell off; Solana takes hit, BNB stumbles Fast facts Bitcoin changed […]

    Lachlan Keller

  • Bitcoin News

    Iran pays US$10 mln import order with crypto for 1st time: report

    Iran has made the country’s first cryptocurrency payment with a US$10 million import order this week, which could be an option for the country to bypass broad trade embargoes, according to a media report. See related article: Crypto exchange Kraken reportedly under investigation for Iran sanctions breach Fast facts See related article: Is cryptocurrency a […]

    Ningwei Qin

  • Bitcoin News

    Markets: Bitcoin falls as crypto market loses steam, equities dip ahead of inflation data

    Bitcoin and Ethereum fell as most of the top 10 cryptocurrencies gave up ground made earlier in the week. BNB was the exception, posting a slight gain to round out a 15% price increase in the past seven days. See related article: Markets: Bitcoin loses steam, Ether continues run higher in late Asia trading Fast […]

    Lachlan Keller

  • Bitcoin News

    Markets: Bitcoin loses steam, Ether continues run higher in late Asia trading

    Bitcoin fell back in late afternoon trading on Tuesday in Asia, losing steam after a run up of more than 4% in the past seven days. Ethereum continued its rally amid the buzz around the so-called “merge” when it shifts from proof-of-work to proof-of-stake, gaining more than 12% week-on-week. Polkadot and Solana fell back after […]

    Timmy Shen

  • Bitcoin News

    Zipmex to release unspecified amount of Bitcoin, Ether to its customers

    Crypto exchange Zipmex is planning to release an unspecified amount of Ethereum and Bitcoin on Aug. 11 and 16 respectively, after a suspension of withdrawals from its Z Wallet last month.  See related article: Why Singapore may be the ideal place for companies to rebuild post-crypto winter Fast facts The Singapore-based company said on Monday […]

    Pradipta Mukherjee

  • Bitcoin News

    Bitcoin flat, Ether gains in late Asia trade; BNB still going strong on expanded staking

    Bitcoin was largely flat in Friday afternoon trading in Asia, while Ethereum gained. However, both of the two major coins on the top 10 list by capitalization were trading more than 3% lower week-on-week. BNB’s gains ran into a second day, while Polkadot and Dogecoin rose.  See related article: Ethereum Classic’s ‘Merge’ surge not expected […]

    Timmy Shen

  • Bitcoin News

    Riot Blockchain earns millions in credits by cutting energy use during Texas heat wave

    American Bitcoin mining firm Riot Blockchain earned an estimated US$9.5 million in power credits in July as it reduced energy consumption and mined fewer Bitcoins. See related article: Bitcoin miners in Texas halt operations amid heat wave Fast facts Riot produced 318 Bitcoins in July this year, about 28% less than July last year, thereby […]

    Pradipta Mukherjee

  • Bitcoin News

    Bitcoin mining difficulty rises 1.74% after three consecutive drops

    Bitcoin mining difficulty rose by 1.74% on Thursday following three consecutive drops in previous adjustments, according to data from BTC.com. See related article: Chinese mining rig maker Canaan says global expansion on track despite ‘crypto winter’ Fast facts The mining difficulty reading was at 28.17 trillion, as of block height 747,936, the data showed. The […]

    Timmy Shen