Former Twitter CEO Jack Dorsey’s digital payments firm, Block Inc., registered a $1.9 billion profit in the second quarter of 2022 despite the ongoing turmoil within the crypto market. Revenue from Bitcoin services, however, dropped and only accounted for about $41 million of the overall
Bitcoin has been trading above the $20k level in recent weeks, and Sam Bankman-Fried says he will accept the leading cryptocurrency trading around $35k by the end of the year. Sam Bankman-Fried, the CEO of FTX, revealed in a recent interview with Fortune Magazine that he would
Bitcoin (BTC/USD) continues to hold above the $23,000 price level despite recent hacks that have seen malicious actors drain millions of dollars from two crypto platforms. BTC price, which recorded its best monthly performance since October 2021 with over 17% in 30-day returns and hit
The cryptocurrency is trading in the green zone again, following a poor start to the week. The cryptocurrency market is turning a corner following a poor start to the week. The market is up by 1.5% in the last 24 hours, with the total market
Cory Klippsten, the CEO of Swan Bitcoin, believes that Bitcoin is not like the rest of crypto. Cory Klippsten, CEO at Swan Bitcoin and Partner at Bitcoiner Ventures, revealed in a recent interview that he believes Bitcoin is unlike the other cryptocurrencies. When asked about his thoughts
Key Takeaways Interest in cryptocurrency, per Google data, is 16.6% lower this year compared with the 2021 average worldwide Bitcoin’s price fall this year is 52.7%, while layoffs and liquidations have struck the industry too Largest drop in interest is Netherlands, with a 37% decrease,
Honduras’ ‘Bitcoin Valley’ joins other bitcoin projects in Central America – El Salvador’s ‘Bitcoin Beach’ Guatemala’s ‘Bitcoin Lake’, and ‘Bitcoin Jungle’ in Puntarenas, Costa Rica. Honduras has opened its own bitcoin city in Santa Lucia, a tourist town about 20 minutes from the country’s capital
Binance CEO, Changpeng Zhao says Bitcoin has strong support near or at the $20,000 price level, and believes the crypto market is generally likely to see further adoption catalysed by the macroeconomic environment. Speaking in an interview with ‘Squawk on the Street’ on Thursday, the Binance