What is Bitcoin (BTC)?

Bitcoin is the first decentralized blockchain that allows end-to-end BTC transactions without the involvement of third-party intermediaries like banks or governments.

What is Bitcoin Mining?

Bitcoin Mining is the process of validating transactions and adding new blocks to the blockchain. Bitcoin Miners compete to solve complex mathematical problems with the proof-of-work mechanism to validate blocks and earn mining rewards.

Is Bitcoin Mining taxable?

Yes. The IRS taxes some amount as an income that users receive from their mining process based on the fair market value on the day of receiving their mining rewards.

How to start Bitcoin Mining?

Bitcoin mining can be processed by the following steps: Select an appropriate hardware Install and configure mining software Join a mining pool SetUp Bitcoin Wallet

What are the Mining strategies of Bitcoin?

To mine Bitcoin, users need to follow any of the following strategies as a primary component: Solo Mining - An independent attempt to solve Bitcoin Blocks. Pool Mining - It is a combined mining process where the computational power of multiple Bitcoin miners are used to solve the blocks. Cloud Mining - This allows users to purchase mining contracts from the companies that manage the hardware and mining operations.

What is a Bitcoin Wallet?

A Bitcoin Wallet is a digital wallet where users can store their crypto assets like Bitcoin, XRP or Ethereum. It not only holds your digital currencies but also secures them with unique private keys and can be used to access processes like sending and receiving.

What are the different types of Bitcoin wallets?

Desktop Wallet - This software is installed on a computer and offers high security. Hardware Wallet - Physical devices where users can store their private keys offline, offering high security. Mobile Wallet - It is a mobile application convenient for everyday transactions. Paper Wallet - It is a printed QR code containing private keys that offers offline storage. Web Wallet - This is an online storage system where users can manage Bitcoin but rely on third-party servers.

What are the regulatory challenges of Bitcoin?

In the current crypto market, Bitcoin faces various regulatory challenges, including: Know-your-customer (KYC) Taxation Consumer protection Anti-money laundering (AML) Financial Stability

How can Bitcoins be used in the real world?

As we live in digital era, Bitcoin can be purposefully used for digital transactions like: Online Shopping Paying for goods and services Sending money internationally Investment landscapes

Is Bitcoin Legal or Illegal?

In many developed countries, the United States, Canada, and the U.K., the use of Bitcoin is legal. However, countries like China, Saudi Arabia, Bolivia, and Pakistan have banned it.

Bitcoin (BTC) News: Latest Updates, Headlines & Analysis

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Crypto Exchange NewsLatest News

Whale Adds $5.5M USDC to Protect $132M BTC Long on Hyperliquid

A major whale, identified as wallet 0x5D2F, has deposited $5.5 million USDC into Hyperliquid. The move follows a steep drawdown of over $10 million in unrealized losses on his 1,135 BTC long position. The deposit lifted the wallet’s new liquidation level to $121,080, offering breathing room as Bitcoin trades near $116K. This position, worth roughly … Read more

July 11, 2025 6:03 AM GMT+03 mins read

Shweta Chakrawarty

Technical Writer

Bitcoin (BTC) News: Latest Updates, Headlines & Analysis

Whale Adds $5.5M USDC to Protect $132M BTC Long on Hyperliquid

Greece Freezes Funds in Bybit Hack as Bitcoin Hits $112K

Trump Jr. Invests $4.3M in Thumzup Despite Losses

Spot Bitcoin ETFs Pull In $218M as July Inflows Top $1.5B

Bitcoin Bulls Increase Exposure as $15B Flows Into BTC ETFs

Japan Consumer Index Falls Third Month as Markets Eye BoJ and Crypto Impact

Smarter Web Raises £10.3M, Updates Holdings After BTC Push

Bitcoin Hits Compression Zone as Analysts Predict Breakout on ETF Flows

Blockchain Group Taps TOBAM for €3M Raise to Boost BTC Strategy

Andrew Webley Defends Smarter Web’s BTC Strategy, Praises Metaplanet’s Move

Animoca’s Yat Siu Joins DigitalX Board After A$20.7M Investment Deal

Short-Term Treasuries Rally Amid U.S. Trade Curbs and Crypto Liquidity Fears

China’s PBOC Extends Gold Spree as Crypto Interest Grows

Metaplanet, Smarter Web, Blockchain Group Lead Bitcoin Buying Among Public Firms

Coinbase Director Suggests Hack Behind $8B Bitcoin Movement

TotalEnergies Says EU Gas Ban Manageable, May Ease Inflation and Aid Crypto

Ukraine Strike Marks War Shift as Markets Brace for Risk Asset Moves

Amber International Raises $25.5M to Boost Crypto Reserve

El Salvador Adds 8 Bitcoins to Treasury, Total Hits $674M

Mozambique Seeks China Debt Relief as EM Stress Fuels Crypto Hedge Talk

Andrew Webley Talks Smarter Web’s Bitcoin Milestone and CNBC Spotlight

Ukraine’s Sybiha Warns of China-Russia Ties After Drone, Consulate Strikes

Bitcoin Whales and Falling Dormant Supply Signal Possible Reversal

Coinstash Secures $4.7 Million in Series A Funding

Germany Rejects Wider Power Tax Cut, Signals Fiscal Shift Before ECB Decision

Gold vs. Bitcoin: 2025 Market Showdown?

SEC Approves Grayscale’s Multi-Asset Crypto ETF in Key Market Shift

SEC Releases New Guidance for Crypto ETP Filings

SEC Eyes Automated Listing Process to Speed Up Crypto ETF Approvals

Deutsche Bank to Launch Bitcoin Custody Services by 2026