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.

NewsLatest News

Bitcoin Whales and Falling Dormant Supply Signal Possible Reversal

The final days of June saw a dramatic shift in Bitcoin on-chain behavior, with whales showing signs of internal conflict between capitulation and profit-taking. According to CryptoQuant analyst @KriptoMevsimi, new whales realized over $641 million in profits while simultaneously realizing more than $1.24 billion in losses. This rare overlap typically reflects extreme stress or rebalancing … Read more

July 03, 2025 12:33 PM GMT+04 mins read

Shweta Chakrawarty

Technical Writer

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

Bitcoin Whales and Falling Dormant Supply Signal Possible Reversal

Coinstash Secures $4.7 Million in Series A Funding

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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

Eric Trump-Backed Bitcoin Venture Raises $220M, Eyes Nasdaq Listing

Thiel-Backed Valar Ventures Exits £50M Wise Stake for Crypto Pivot

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Meloni Gains Market Trust as Italy’s Bond Spread Hits 15-Year Low

Euro Hits 20-Year High, Boosting Crypto Arbitrage and FX Plays

Smarter Web Buys £15.2M in Bitcoin Under Decade-Long Treasury Plan

Michael Saylor Advocates for Ending Unfair Taxes on Bitcoin Miners to Strengthen U.S. Position in Global Crypto Market

Bitcoin’s Ascendancy: From Digital Asset to Unit of Account

Taiwan Dollar Declines Sharply Amid Suspected Central Bank Market Manipulation

Armen Panossian Warns of AI Infrastructure Overload Amid Investment Surge

Tesla Q2 Deliveries and Job Data Releases Set to Impact Market Volatility

Bitcoin Apparent Demand Flips Negative as Price Holds Near $108K

Blockchain Group Adds 60 BTC and Metaplanet Acquires 1,005 BTC in Strategic Moves for 2025

BlackRock CEO’s Bitcoin Conversion Marks Historic Shift in Institutional Crypto Investment Sentiment

Grayscale ETF Approval Decision Nears as SEC Crypto Ruling Could Transform Multi-Asset Investments

Michael Saylor Signals New Corporate Bitcoin Buy as Strategy Aims 600k BTC Milestone

Tim Lamb Calls SWC the UK’s Metaplanet Despite 68% Drop

Bitcoin Treasuries Conference Debuts, Led by Tim Kotzman

Bitcoin Miners Face Yearly Low Earnings but Show Resilience, Cryptoquant Report Finds

BlackRock CEO Reverses Stance: Says Bitcoin is Legitimate After In-Depth Study

Dollar General Gains Spotlight as Stock Market Hits Record High

IBIT ETF Holdings Grow by 118,000 BTC Since April 2025