Bernstein analysts predict Bitcoin surge to $90k if Trump wins

Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict. Analysts at the brokerage shared the prediction in a note to clients on September 9. Bernstein says a “Trump trade”, as they referred to a potential win for […]

Solo Bitcoin miner wins 6.25 BTC block reward

A solo Bitcoin miner earned the 6.25 BTC block reward after beating the odds to solve block 793607. The miner reportedly used an Antminer S9 with about 17 TH. At today’s Bitcoin mining difficulty and with 17 TH, a solo miner would need an average of 450 years to land a block. With Bitcoin price […]

CFTC wins a record $3.4B penalty payment in a Bitcoin-related fraud case

This is the largest fraud case involving Bitcoin that CFTC has cracked so far. The case involved the CEO of Mirror Trading International Proprietary Limited (MTI). Half of the $3.4B will go toward providing restitution to victims of MTI’s fraudulent activities. A Texas court has ordered Johannes Steynberg, the CEO of Mirror Trading International Proprietary […]

El Salvador’s volcano-powered Bitcoin City wins design award

El Salvador is the first country that recognised Bitcoin as legal tender. Bitcoin City has been recognised as a sustainable and highly efficient project. El Salvador is building the new city in the country’s East, with clean energy entirely sourced from nearby volcanoes. El Salvador made history when it became the first country in the […]