📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $28,528
Bitcoin price appears to be attempting to break out of its recent consolidation pattern, as price pushes up against the $28,500 mark to begin the week.
Top-20 altcoins are relatively steady over the last 24 hours, as Ether gains 1%, BNB gains less than 1% and Litecoin is the biggest mover with a 3% advance.
Top Stories for April 10, 2022 🔥
👉 Bitcoin Is The Most-Googled Term In US Over Last 30 Days
Bitcoin remains the most searched term in the United States, despite the growing discussions around topics such as Donald Trump and guns.
A search volume comparison based on Ahrefs data showed that Nevada is the most Bitcoin-crazy state in the US, followed by Miami, California, and Washington. Lower taxes and local government initiatives to promote innovation were cited as the primary reason for the finding.
Donald Trump exceeded Bitcoin for just two days in the last 30 days, when reports of his possible arrest emerged.
👉 Bank Of England To Hire Up To 30 People For CBDC Team
The Bank of England is reportedly looking to hire up to 30 staff to develop a central bank digital currency (CBDC).
In February, the central bank and finance ministry announced further research and development on a digital version of the pound sterling, dubbed “Britcoin” by the press. The bank’s website careers page now lists positions for a digital pound security architect and digital pound solutions architect, both added toward the end of last month.
The bank has not yet confirmed whether a digital pound would use distributed ledger technology.
👉 New York Times BTC Mining Report Met With Backlash Over Falsehoods
The New York Times’ recent report on Bitcoin mining has been criticised by Bitcoin proponents for “cherry-picking” data and exaggerating the actual fossil fuel use of BTC miners.
Despite the controversy surrounding Bitcoin mining’s energy consumption, it is seen as an important factor in making BTC decentralised and adding a layer of security. The Bitcoin Mining Council report for Q4 of 2022 stated that 58.9% of the Bitcoin network’s energy comes from renewable sources.