Btc news now
Here are the latest Bitcoin (BTC) news updates:
Market Update
- Bitcoin price: $47,444.00 (-1.43% in the last 24 hours)
- Market capitalization: $893.4 billion
- Trading volume: $24.4 billion
Top Stories
- Elon Musk's Tesla to Accept Bitcoin: Tesla, the electric vehicle company founded by Elon Musk, has announced that it will start accepting Bitcoin as a form of payment for its products. This move is seen as a significant endorsement of the cryptocurrency by a major corporation. (Source: CNBC)
- Bitcoin's Energy Consumption: A new study has found that the energy consumption of Bitcoin's mining process is significantly higher than previously thought. The study estimates that Bitcoin's energy consumption is equivalent to the energy consumption of a small country. (Source: The Guardian)
- SEC Delays Decision on Bitcoin ETF: The US Securities and Exchange Commission (SEC) has delayed its decision on the approval of a Bitcoin exchange-traded fund (ETF) until June 16. The ETF, which is sponsored by VanEck, would allow investors to buy and sell shares of Bitcoin on major stock exchanges. (Source: Coindesk)
- Bitcoin's Hash Rate Reaches New High: The hash rate of the Bitcoin network, which measures the processing power of the network, has reached a new all-time high. This is seen as a sign of the network's growing security and resilience. (Source: CoinTelegraph)
- Bitcoin's Adoption in El Salvador: El Salvador has announced that it will adopt Bitcoin as a legal tender, making it the first country in the world to do so. The move is seen as a major milestone for the adoption of cryptocurrencies. (Source: Bloomberg)
Other News
- The Bitcoin community is divided over the recent surge in the price of the cryptocurrency, with some attributing it to the growing adoption of the currency and others warning of a potential bubble. (Source: Forbes)
- A new report has found that the majority of Bitcoin transactions are now being conducted on the Lightning Network, a second-layer scaling solution that allows for faster and cheaper transactions. (Source: CoinDesk)
- The Bitcoin mining company, Bitmain, has announced that it will be launching a new mining pool that will allow miners to pool their resources and increase their chances of solving complex mathematical problems to validate transactions. (Source: Coindesk)