Wednesday, August 4

Tag: Bitcoin

Bitcoin drops to the lowest level in the last 1 month
CRYPTO COINS

Bitcoin drops to the lowest level in the last 1 month

The world's largest cryptocurrency, bitcoin, fell below $30,000, hitting its lowest level in a month. Bitcoin, the highest volume of cryptocurrencies, has lost more than 6 percent in the last 24 hours, falling to $ 29,400. Cryptocurrencies turned their direction down again, especially with the news from China. The highest-volume cryptocurrency, Bitcoin, has lost more than 6 percent in the last 24 hours. The fall of Bitcoin, which is currently trading at 29,840 levels, also caused a decline in other virtual currencies, including Ethereum. According to Bloomberg's global crypto index, cryptocurrencies have lost an average of 4 percent. While many investors are worried that cryptocurrencies accompany the decline in global stock markets due to the concerns brought by the de...
TikTok will not allow cryptocurrencies and financial services
CRYPTO COINS, SOCIAL MEDIA

TikTok will not allow cryptocurrencies and financial services

TikTok has announced that they will not allow cryptocurrencies and financial services. Tiktok will no longer host bitcoin and many other cryptocurrencies. TikTok will no longer allow creators to feature cryptocurrencies and financial services in videos. Cryptocurrencies are getting more and more popular day by day. The most popular of these, Bitcoin, does not fall off the agenda. Struggling with the bans of countries such as China and the USA, BTC was hit by a social media platform this time. TikTok, the social networking app to short video format, changed its Branded Content Policy this week. Cryptocurrencies were also included in the scope of the policy, which set out some rules in order to protect both consumers and producers. Users will no longer be able to include promot...
Record Drop in Difficulty of Bitcoin Mining
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Record Drop in Difficulty of Bitcoin Mining

Difficulty level, which determines how hard the miners who produce Bitcoin by solving cryptographic puzzles will have in this process, have dropped more than ever during the update made today at 09:34. Bitcoin's difficulty level dropped 27.94% at block number 689,472 on the blockchain, close to the number expected for several days, the biggest drop in its history. This level, which determines how difficult block mining will be, is updated every 2,016 blocks based on the hash rate recorded during that 2.016 block. The difficulty level dropped by 16% and 5% respectively on May 30 and June 14, three weeks in a row for the first time since December 2018. ASIC devices unplugged Local administrators in regions of China that were formerly centers of cryptocurrency mining, such...
They Sold Their Bitcoin After Elon Musk Tweet
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They Sold Their Bitcoin After Elon Musk Tweet

Elon Musk has done it again. Elon Musk, who has an impact on the crypto money order, continues to worry bitcoin owners. The Elon Musk Effect: They Sold Their Bitcoin After These Tweets! With Elon Musk Effect Tweeting, Many Bitcoin Owners Are Selling Their Assets. Elon Musk scared many investors again on June 30, 2021 with his shares on Twitter. After These Tweets, They Sold Their Bitcoins! Elon Musk, the iconic billionaire and CEO of electric car maker Tesla Inc, continues to increase his influence in the Bitcoin and cryptocurrency ecosystem. A new poll report has revealed how popular his view is. The survey, conducted by Investing.com, aimed to evaluate the impact of famous billionaire and business leader Elon Musk on financial markets. According to the survey, 49% of ...
Developments in Bitcoin mining are reshaping the balances in crypto money 2021
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Developments in Bitcoin mining are reshaping the balances in crypto money 2021

While many Bitcoin miners ceased their activities after China's decisions to restrict Bitcoin mining, the administration in El Salvador called for the use of geothermal energy for Bitcoin mining. While some countries, especially China, take drastic measures against Bitcoin mining, causing mining activities to stop, some countries such as El Salvador are making plans to increase the use and production of Bitcoin. According to the information compiled by the AA correspondent, Bitcoin, which is the most popular among cryptocurrencies with a market cap of over $640 billion, has faced increasing interest from both investors and miners over the years. After this interest, there has been a serious loss of value in Bitcoin in recent months. The crypto money, which saw its historical peak wi...
Cathie Wood Bitcoin Etf
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Cathie Wood Bitcoin Etf

Star stock picker Cathie Wood's ARK Invest is teaming up with 21Shares US LLC, which has filed an application with the US Securities and Exchange Commission. As per an administrative recording made Monday, Wood has offered the ARK 21Shares Bitcoin ETF to be exchanged close by 21Shares. Cathie Wood Wants to Put Ark's Name on ETF Tracking Bitcoin Cathie Wood's Ark Invest is making a bitcoin trade exchanged asset, as per a recording with the Securities and Exchange Commission. Wood — a long-lasting bitcoin bull — has been purchasing up intermediaries for the computerized resource in names like Coinbase and Grayscale Bitcoin Trust. Presently, the development financial backer is looking to claim the genuine resource itself. The ETF's venture objective is to follow the exhibition...
Bitcoin Billionaire Mircea Popescu meets shocking death
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Bitcoin Billionaire Mircea Popescu meets shocking death

Bitcoin Billionaire Mircea Popescu surprised everyone with his dream. The death and murder allegations of the famous billionaire are being thrown. It was announced that Mircea Popescu, one of the names with the most Bitcoin in the world, passed away. The amount of Bitcoin that Popescu, who died by drowning in Costa Rica, was not known exactly, was a matter of curiosity what would happen next. The crypto money world was shaken by a news. According to a news service by many news sources, especially Teletica, Mircea Popescu, known as one of the names holding the most Bitcoin in his hands, died at the age of 41. Popescu's cause of death is alleged to have been asphyxiation. This development can directly affect the crypto money world. According to the information obtained, it was stat...
China halts Bitcoin mining and trading activities to avoid financial risks
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China halts Bitcoin mining and trading activities to avoid financial risks

The shaking in the crypto world continues after China announced that it is halting Bitcoin mining and trading activities to avoid financial risks. According to last minute reports, China will not back down from this prohibition activity that it concocted to avoid financial risks. China has announced that it will halt Bitcoin mining and trading activities as part of its efforts to prevent financial risks. The decision in question was taken by the Chinese State Council's Financial Stability and Development Committee. Deputy Prime Minister Liu He, who chaired the committee, said in a statement that Beijing will also try to maintain the stability of the stock, bond and forex markets by preventing illegal activities in the securities market. Immediately after this decision, the...
Brooklyn Nets Preparing To Adopt Bitcoin
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Brooklyn Nets Preparing To Adopt Bitcoin

According to the news published by The New York Daily News, BSE Global, the parent company of Brooklyn Nets, will make an announcement about cryptocurrencies in the near future. After the Brooklyn Nets announcement about Bitcoin, the activity in the markets increased to a bit. Although the frightening Chinese news shook the crypto world, the news from the famous basketball team made many investors smile. The Entire Crypto World in Brooklyn Cries Bitcoin and Horn According to the report published by The New York Daily News, BSE Global, the parent company of Brooklyn Nets, will make an announcement about cryptocurrencies in the near future. The famous basketball club is expected to start accepting Bitcoin (BTC) for ticket sales and other products. It is even stated that play...
Bitcoin, Ethereum, Dogecoin scared investors after China’s transaction ban decision
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Bitcoin, Ethereum, Dogecoin scared investors after China’s transaction ban decision

Bitcoin, Ethereum, Dogecoin: Cryptocurrencies continue to fall sharply after China's decision to ban transactions. Fluctuations in cryptocurrency exchanges have managed to scare many investors. ,, China has banned financial and payment service providers from making cryptocurrency transactions. After the decision, Bitcoin lost 14 percent, Ethereum and Dogecoin lost more than 20 percent in the last 24 hours. Bitcoin dropped below $ 40,000 for the first time since February. The statement made in China, reminding that the price of cryptocurrencies has increased in recent days, it was stated that "virtual currencies are not real currencies" and "cannot be used in the market". China is preparing to launch its own digital currency. Paul Haswell of Pinsent Masons, an international ...