Bitcoin (BTC) Difficulty Spikes to New Record Over 36.95 T
Today, on Nov. 21, 2022, Bitcoin (BTC) difficulty, the most crucial indicator of BTC network performance, prints a new historical high. According to public trackers, it spiked to 36,950,494,067,222 T after a surprising +0.51% adjustment.
For the First Time: Binance With Largest Bitcoin Reserves
CryptoPotato recently reported that upwards of $8 billion worth of crypto was withdrawn from centralized exchanges following the FTX collapse. Now, data shows that Binance has the largest reserve of BTC for the first time.
CZ Says “Bitcoin Not Dead, We Are Still Here”
CZ recently reiterated that bitcoin is not dead, as the community is still actively involved amid the prevalent Crypto Winter.
Arkon Energy Expands Bitcoin Mining Presence With Fundraise and Hydrokraft Acquisition
Arkon Energy, a leader in renewable data center infrastructure, has raised $28m in funding and acquired Hydrokraft AS. Both developments will aid the company in expanding its footprint in the Bitcoin mining industry.
Bitcoin, Other Crypto Start Week Lower As FTX Collapse Continues Rumble Through the Industry
Bitcoin and Ether both fell in Monday morning trading in Asia along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization. With the exception of XRP, all the top 10 also lost ground over the last seven days as more details emerged about the failure of the FTX exchange.
U.S. DOJ Arrests & Indicts Scammer For $10M Crypto Fraud Scheme
The United States Department of Justice (DOJ) has arrested and charged an Ohio Man with $10 million crypto investment fraud. According to the official announcement, the defendant, Rathnakishore Giri, 27, presented himself as an investment manager specialising in Bitcoin (BTC) derivatives trading to defraud investors.
Bitcoin Struggles Below $17K on Month-Low Trading Volume Day (Weekend Watch)
Bitcoin has not made any decisive moves in days as the asset remains stuck below $17,000. This is expected to an extent today, given the unusually low trading volumes.
Economist Says Bitcoin Still Has a Long Way to Fall, Values BTC at $10K
Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX. He also believes that $10K is the real price of bitcoin, warning that “The lion’s share of the selling has not even started yet.”
Saint Kitts and Nevis to Make Bitcoin Cash Legal Tender in 2023
The island country located in the Caribbean region – Saint Kitts and Nevis – plans to turn Bitcoin Cash (BCH) into an official payment method inside its borders by March next year.
"Razzlekhan" Bitcoin Laundering Case Will Involve Classified Information
Heather Morgan, known by her rapper name “Razzlekhan,” and her husband and co-defendant Ilya Lichtenstein, are accused of laundering $4.5 billion in stolen bitcoin. The story has taken another twist. A district court judge signed a protective order in the case, indicating it will involve “classified national security information” that can only be accessed by people with security clearance.
