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A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says
NovaTechFx, once one of the fastest-growing financial platforms, now faces a lawsuit that says it s…
Kenneth Niemeyer
Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies
Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…
Bitcoin's been sliding ahead of the 'halving' but crypto bulls aren't worried
Crypto bulls are confident that a looming "halving" event could power bitcoin to new highs, despite…
George Glover
6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event
Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…
Aruni Soni
Crypto miners are pulling in more money than ever as bitcoin shatters records
Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…
Filip De Mott
Crypto and AI will drive exorbitant energy use after decades of flat demand, analyst says
Data centers are expected to drive a surge in electricity demand growth, tripling their power consu…
Aruni Soni
A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors
A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…
Kiera Fields
Bitcoin is undergoing a tech expansion that one expert says will drive 5-fold growth in just 2 years
Bitcoin programmers have been expanding the possibilities behind the blockchain. It could mean fres…
Filip De Mott
Crypto miners used the same amount of electricity as all of Australia last year
In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…
Aruni Soni
Bitcoin could see a wave of forced selling as miners face the reality of lower rewards post-halving, research firm says
"If miners were forced to sell even a fraction of their holdings over the coming month this would h…
Filip De Mott
Bitcoin mining profitability poised for surge as spot ETFs gain approval
According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect i…
ANI
Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says
"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan …
Yuheng Zhan
New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020
"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…
Filip De Mott
Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says
The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…
Polly Thompson
Investing icon Charlie Munger hailed Costco, slammed crypto, and ridiculed Russia in one of the last interviews of his life. Here are the 20 best quotes.
Warren Buffett's late business partner, Charlie Munger, shared some key investing lessons and tackl…
Theron Mohamed
A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering
Jian Wen was convicted of money laundering in a London court on Wednesday after police seized 61,00…
George Glover
Bitcoin scam case: ED attaches assets worth over Rs 97 cr of Raj Kundra, Shilpa Shetty
The Enforcement Directorate (ED) has attached immovable and movable properties worth Rs 97.79 crore…
Bitcoin and gold are both on fire right now — but for very different reasons
The leading cryptocurrency and the precious metal are both on winning streaks, but analysts say the…
George Glover
Bitcoin's latest rally puts it on track to hit $150,000 by mid-2025, Bernstein says
As bitcoin soars, Bernstein analysts said they're "more convinced" the token is on its way to hitti…
Yuheng Zhan
Bitcoin is about to undergo another 'halving' event. Here's why that could send its price soaring.
Previous halvings have powered the cryptocurrency's price higher because they reduce the supply of …