Bitcoin hits $50,000 a new historic milestone for BTC price

Bitcoin has achieved $50,000 amid bullish news, institutional adoption and major companies like MicroStrategy adding to their BTC allocations. Bitcoin (BTC) surged to new all-time highs on Feb. 16 following a week of bullish news including Tesla accepting BTC and MicroStrategy planning to raise another $600 million to buy Bitcoin. BTC/USD 1-hour candle chart (Bitstamp). […]

Bitcoin Mining Group Luxor Technologies Announces Pre-Seed Fundraising

Today, bitcoin mining pool and software company Luxor Technologies announced a $725,000 pre-seed fundraising round. Argo Blockchain, Routemaster, Celsius Network, Bitnomial and a number of individuals participated in the round, according to a release shared with Bitcoin Magazine. Among Luxor’s products are Hashrate Index, a transparent source of information on the revenue bitcoin miners should […]

Ethereum 2.0 to Introduce First Hard Fork Update

Ethereum, a global leader in providing decentralized smart contracts with its native token of the same name, will soon introduce a new HF1 upgrade. Vitalik Buterin, the co-founder of Ethereum, announced on 15 February that it is the first hard fork update.  According to his blog, the upgrade aims to achieve three vital tasks. Firstly, […]