New research disputes claims that Bitcoin mining harms power grids, raises electricity costs, or undermines sustainability goals Bitcoin’s energy consumption has long been a focal point of environmental debate. Critics often claim that mining destabilizes power grids, drives up electricity prices, and wastes renewable energy. However, recent peer-reviewed studies and grid-level data increasingly challenge these assumptions, suggesting the narrative is more complex than commonly portrayed. A key misconception is that Bitcoin’s resource use rises with transaction volume. Multiple peer-reviewed studies show that energy consumption is largely independent of the number of transactions, meaning Bitcoin can scale without proportionally increasing electricity,…
Author: Bitxjournal Team
Rising exchange inflows signal potential selling pressure amid weakening accumulation trends Large cryptocurrency holders have moved significant amounts of digital assets to Binance over the past week, raising concerns about near-term market pressure. Data shows whales deposited approximately $2.4 billion worth of crypto, split almost evenly between Bitcoin and Ether. This marked the exchange’s largest net inflow in a month, often interpreted as preparation for selling or positioning assets for derivatives trading. Buyer Activity Remains Weak Despite the surge in deposits, analysts note a critical imbalance: buyers have not entered the market in force. Stablecoin flows, often used as a…
Rising adoption of crypto-linked payment cards highlights growing real-world use of digital assets Spending through Visa-issued crypto cards surged dramatically in 2025, signaling a major shift in how digital assets are used for everyday payments. Data from blockchain analytics platforms shows total net spending across key Visa-linked crypto cards rose from $14.6 million in January to $91.3 million by December, representing a 525% year-over-year increase. Top Performing Visa Crypto Cards The growth was driven by six crypto cards launched through partnerships between Visa and blockchain-based payment platforms. These include services connected to GnosisPay, Cypher, EtherFi, Avici Money, Exa App, and…
Friendlier U.S. policies and new digital asset laws prompt a strategic pivot by one of the world’s largest professional services firms PricewaterhouseCoopers (PwC), one of the world’s largest accounting and professional services firms with global revenues of $56.9 billion, has significantly expanded its involvement in the crypto sector following a shift in the U.S. regulatory environment. After years of caution, the firm moved forward as regulators adopted a more supportive stance toward digital assets. Impact of Stablecoin and Digital Asset Legislation According to PwC leadership, recent developments such as new stablecoin-focused legislation and changes in regulatory leadership have increased confidence…
Rising geopolitical tension in Latin America coincides with renewed strength in the crypto market Bitcoin climbed above $93,000 on Monday, extending recent gains as geopolitical risks intensified following remarks from U.S. President Donald Trump. BTC rose more than 3% from recent lows near $90,000, reflecting growing investor interest during periods of global uncertainty. Trump Issues Warning Toward Colombia and Mexico Trump publicly suggested that Colombia could face U.S. military action, citing concerns over ongoing cocaine trafficking into the United States. He criticized Colombian President Gustavo Petro and stated that military intervention “sounds good,” raising alarm across the region. Trump also…
Investor Sentiment Shows Signs of Stabilization Entering 2026 Crypto market sentiment has shown a notable shift as the Crypto Fear and Greed Index moved back into “neutral” territory for the first time since October. The change suggests that investor confidence is gradually recovering after months dominated by fear following a major market downturn late last year. The index currently stands at 40, indicating a balance between pessimism and optimism. While investors are no longer gripped by fear, sentiment has yet to turn decisively bullish. The index reached its lowest point of 2025 at a reading of 10, signaling “extreme fear”,…
Political Transition Opens Door for Bitcoin-Friendly Economic Reforms Following the capture of Venezuelan President Nicolás Maduro, the country has entered a period of political uncertainty as global attention shifts to who may lead Venezuela next. Among the top contenders is María Corina Machado, a long-time opposition leader and outspoken Bitcoin advocate, positioning her as a potentially transformative figure in Venezuela’s future. Current prediction data places Machado among the top three candidates likely to lead Venezuela by the end of 2026. She trails narrowly behind Edmundo González Urrutia, while interim leadership has been assumed by Delcy Rodríguez after Maduro’s arrest. The…
Bitcoin Core Contributions Rise as Price Growth and Institutional Interest Accelerate Bitcoin development activity rebounded strongly in 2025, with more developers contributing more code to the software that powers the majority of the network. Key metrics tracking Bitcoin Core development indicate renewed technical momentum alongside a landmark year for Bitcoin’s price and adoption. In 2025, 135 unique developers contributed code to Bitcoin Core, up from just over 100 contributors in 2024, continuing a multi-year recovery trend. While still below the historic peak of nearly 200 contributors in 2018, the increase reflects growing confidence and engagement in Bitcoin’s long-term roadmap. Developer…
Rising Transaction Volume Signals Renewed Risk Appetite in Crypto Markets Memecoins have started 2026 with strong momentum, posting a sharp rebound after a difficult year. Renewed trader interest has pushed the total memecoin market capitalization up more than 23% in one week, signaling a return of risk-on behavior across parts of the crypto market. After hitting a yearly low in late December 2025, the memecoin sector rallied strongly. Market capitalization climbed from $38 billion to over $47.7 billion, marking one of the fastest short-term recoveries in the space. Leading assets posted double-digit gains, with Dogecoin up over 20%, Shiba Inu…
PeerDAS and ZK-EVM Upgrades Signal Major Breakthrough for Scalability and Decentralization Ethereum is entering a decisive phase after years of research and development aimed at overcoming the blockchain trilemma — the long-standing challenge of achieving scalability, security, and decentralization simultaneously. According to Ethereum’s co-founder, recent and upcoming protocol upgrades indicate that this balance is no longer theoretical but actively being implemented on the network. The introduction of Peer Data Availability Sampling (PeerDAS) marks a major leap forward. This upgrade allows Ethereum to process significantly more data without increasing hardware requirements for node operators. Importantly, data availability sampling is already live…