Bitcoin

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

The U.S. will open its first nuclear-powered data center offering Bitcoin mining in the first quarter of the year. The Cumulus Susquehanna data center in Pennsylvania has been completed by Cumulus Data, a subsidiary of independent power producer Talen Energy. See related article: Weekly Market Wrap: Bitcoin up over 21% in best weekly performance since Feb. 2021. Bull run or bull trap? Fast facts The data center is expected to start hosting nuclear-powered Bitcoin mining and cloud computing… Source link

ATM deployers using the Digital Network Solutions TRANSACT processing platform can offer Bitcoin sales on their ATMs in March TEMPLE, Texas, Jan. 23, 2023 /PRNewswire/ — Digital Network Solutions (DNS), a leading US ATM transaction processing service provider, is pleased to announce it has certified the Just.Cash cryptocurrency program. Starting in March, independent ATM deployers (IADs) will be able to offer redemption of Bitcoin for cash as well as sell Bitcoin, using debit on their ATMs…. Source link

2023 is off to a precarious start, with the market higher but a lot of uncertainty in the air about economic and market conditions moving forward. Crypto has begun to poke its head out with the price of Bitcoin (BTC -0.19%) rebounding nicely and recently topping $21,000 in hopes of cooling inflation and a weakening dollar. While I don’t know what the future holds this year, if inflation keeps cooling and the Federal Reserve stops raising interest rates, there is a chance for a more bullish… Source link

The concept of a central bank digital currency (CBDC) — digital money backed and issued by a central bank — has been bubbling under the surface for the past few years. Now, it looks like it is ready to take off. The topic has already been debated at this year’s World Economic Forum in Switzerland, and Bank of America (BAC 1.87%) just released a report suggesting that central bank digital currencies have the potential to revolutionize the global financial system. According to that report,… Source link

The departments involved include the Ministry of Mines and Geology, the Ministry of Water, Forests, Hunting and Fishing and the Ministry of Agriculture and Rural Development according to a press release attached to the tweet. The framework will allow cryptocurrencies to operate in the country, the release said. Source link

Bitcoin saw a climb of over 8.9% in the past week. Photo: Getty Bitcoin (BTC-USD) is continuing its 2023 bull run, surging past $23,000 for the first time since August 2022 before retreating to around $22,705 on Monday. Bitcoin smashed through a price position not seen since before the collapse of the FTX cryptocurrency exchange in November 2022, which plunged the market into a series of liquidations. Bitcoin stood at $22,714 (£17,383) at the time of writing, up from a low of $16,000 at the… Source link

Bitcoin dipped 0.89% in Monday afternoon trading in Asia but remained above a four-month high of US$22,000, while all other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Dogecoin led gains at 4.32% and Solana was the biggest loser among top 10 cryptos. See related article: Binance Charity to fund over 30,000 Web3 scholarships in 2023 Fast facts Bitcoin, the world’s largest cryptocurrency, dipped 0.89% to US$22,701 on Monday at 4 p.m. in Hong Kong after gaining… Source link

“This is a wonderful example of an industry that sees the harm that could be done in its name, and steps up to self-regulate the issues without being forced to do so by government,” Gail Schimmel, chief executive officer of the ARB, said in an emailed statement. Source link