Bitcoin tops $22,000, crypto m-cap hits $1 tn. Is tide turning for the industry?

Bitcoin tops ,000, crypto m-cap hits  tn. Is tide turning for the industry?

Crypto market has scripted a strong recovery in the last one week, with major crypto tokens rising up to 70 per cent. The largest crypto token – Bitcoin surged on Monday to hit the $22,000 mark. Altcoins, meanwhile, beat the crypto behemoth as Polygon zoomed more than 13 per cent. Ethereum rallied over 7 per … Read more

Bitcoin miners want to recast themselves as eco-friendly

Bitcoin miners want to recast themselves as eco-friendly

Along a dirt-covered road deep in Texas farm country, the cryptocurrency company Argo Blockchain is building a power plant for the internet age: a crypto “mining” site stocked with computers that generate new bitcoins. But unlike other bitcoin mining operations, which consume large quantities of fossil fuels and produce carbon emissions, Argo claims it’s trying … Read more

Bitcoin breaks above $20,000 for first time

Bitcoin breaks above ,000 for first time

LONDON: Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5% to move as high as $20,440. It has gained more than 170% this year, buoyed by demand from larger investors attracted to its potential for quick gains, purported resistance to inflation and expectations it will become a … Read more