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Bitcoin miners prepare as the upcoming halving event draws near

Bitcoin

As the Bitcoin network approaches its halving event, expected around April 20, 2024, there’s a buzz of anticipation among miners and cryptocurrency enthusiasts. This event, occurring roughly every four years, is a significant milestone that reduces miners’ rewards by half. Currently, there are 34 days left until this event, and BTC’s price has been holding […]

Cetera Financial Group set to launch four spot Bitcoin ETFs

Cetera

Cetera Financial Group, a significant player in the financial industry, has recently taken a strategic step by approving four U.S. spot bitcoin exchange-traded funds (ETFs) for use within brokerage accounts on its platform. This decision reflects a broader trend of increasing acceptance and adoption of cryptocurrencies within traditional financial systems. Cetera Financial Group flags off […]

COPA seeks injunction against Craig Wright after court verdict

COPA

The Crypto Open Patent Alliance (COPA) recently achieved a significant milestone in its legal battle against Craig Wright, a computer scientist who has claimed to be Satoshi Nakamoto, the elusive creator of Bitcoin. The presiding judge in the U.K. trial ruled that Wright is not Nakamoto, marking a crucial victory for COPA. However, the implications […]

Bitcoin Price Prediction 2024-2033: Will Bitcoin Bulls Rally?

bitcoin price

BTC Price Predictions 2024-2033 How much is Bitcoin (BTC) worth? Today, the price of Bitcoin stands at $69,255, with a trading volume over the past 24 hours reaching $24 billion. Its market capitalization is $1.3 trillion, and it currently commands 54% of the market share. Over the last 24 hours, the BTC price has experienced […]

Hong Kong investors call for quick approval of Bitcoin ETFs

Hong Kong

Hong Kong’s cryptocurrency industry finds itself at a critical juncture, urging authorities to expedite the approval and launch of spot bitcoin exchange-traded funds (ETFs). The region’s prominence as the financial hub of Asia hinges on its ability to swiftly navigate the evolving landscape of digital assets. Hong Kong investors push for Bitcoin ETF approval With […]

Bitcoin developers set to draft guide for BRC-20 tokens

U.S. Attorney’s Office moves to recover $2.3M in crypto from fraud scheme

The growing popularity of Bitcoin and the emergence of new meme coins on its blockchain have catalyzed a collaborative effort among Bitcoin developers to establish and formalize the BRC-20 fungible token standard. This initiative is led by the recently formed Layer 1 Foundation, which aims to ensure transparency and trust within the protocol to facilitate […]

Robert Kiyosaki makes huge Bitcoin prediction in 2024

R

Robert Kiyosaki, the renowned author of the bestselling book “Rich Dad Poor Dad,” has once again voiced his bullish stance on Bitcoin, predicting a monumental rise in its price. According to Kiyosaki, Bitcoin is currently experiencing a surge in value, with projections indicating it could reach $300,000 per coin by the end of the year. […]

Galaxy Digital CEO backs Bitcoin to hit $100,000 this year

Galaxy Digital

Galaxy Digital CEO Mike Novogratz has reiterated his bullish stance on Bitcoin, confidently predicting that the cryptocurrency will surge to $100,000 by the end of the year. In a recent interview with Fox Business, Novogratz emphasized the unprecedented momentum driving Bitcoin’s price upward, fueled in part by the increasing participation of baby boomers in the […]

Mark Cuban makes surprising Bitcoin predictions

Mark Cuban

Billionaire investor Mark Cuban, recognized for his role on the television show “Shark Tank” and as a minority owner of the NBA team Dallas Mavericks, recently shared insights into his views on cryptocurrency, notably Bitcoin and Ethereum (ETH). In a recent CNBC interview, Mark Cuban expressed his bullish stance on Bitcoin, emphasizing its potential as […]

Tesla’s Bitcoin holdings sparks hot purchase debate

Tesla

In recent discussions within the cryptocurrency community, attention has once again turned to Tesla’s Bitcoin holdings following the integration of its Bitcoin wallet tracking feature into Arkham Intelligence’s dashboard. As of the latest data, Tesla’s wallet holds approximately 11,509 BTC, marking an increase of 1,789 BTC since its last earnings report which reported holdings of […]

Bitcoin Ordinals continue to garner attention in the NFT space

Bitcoin Ordinals

The surge in demand for Non-Fungible Tokens (NFTs), especially Bitcoin Ordinals has significantly impacted the NFT marketplace, with Magic Eden emerging as a leading platform. This increase in interest correlates with the upward trend in cryptocurrency prices, particularly Bitcoin, which is nearing its historical peak. Bitcoin Ordinals boosts NFT interest Magic Eden’s prominence can be […]

Stanford’s Blythe Fund shifts 7% of its portfolio into Bitcoin

Stanford

Stanford University’s investment fund, managed by the student-run Blyth Fund, has recently made headlines by allocating approximately 7% of its portfolio to Bitcoin (BTC) investments. This decision comes amidst a broader trend of institutional adoption of cryptocurrencies, with Bitcoin in particular gaining traction as a viable investment asset. Stanford university fund makes Bitcoin move The […]

Bitcoin and Gold Surge as Investors Anticipate Interest Rate Cuts

Bitcoin and Gold Surge

Bitcoin soared to new heights, reaching a peak of $67,584, the highest level it has achieved in over two years. This surge has sparked anticipation among investors, with many predicting that BTC is on the brink of surpassing its previous all-time high of $68,999.99, set in November 2021. The cryptocurrency has exhibited remarkable resilience and […]

Bitcoin hits ATH against the euro amid the recent price surge

Bitcoin

In a groundbreaking surge, Bitcoin has recently achieved a remarkable milestone, surpassing its previous all-time high against the euro. The cryptocurrency soared to an unprecedented multi-year peak of $65,000, marking a significant psychological threshold. This ascent in value against the euro, reaching a pinnacle of 60,393 euros at 8:30 am UTC on March 4th, represents […]

Marathon mines largest-ever Bitcoin block on record

Marathon

The recent mining of the largest-ever Bitcoin block has captured the attention of the cryptocurrency community, signaling a significant milestone in the evolution of blockchain technology. This monumental achievement, achieved through a collaboration between Marathon Digital’s Slipstream and OrdinalsBot, underscores the growing interest in innovative approaches to data inscription and distribution. Marathon records remarkable mining […]

Bitcoin’s recent rally leaves 97% of wallets in profit

Bitcoin

The recent surge in Bitcoin’s value has led to a significant increase in unrealized gains for holders of the cryptocurrency. According to data from analytics firm IntoTheBlock, over 97% of BTC addresses are currently experiencing gains in their investments. This is the highest proportion since November 2021, when Bitcoin reached its all-time high of approximately […]

Elon Musk’s Lawyers Request $6 Billion in Tesla Shares as Legal Fees

Elon Musk's Lawyers Request $6 Billion

Elon, in a significant turn of events regarding his extravagant $55.8 billion compensation plan, legal representatives acting on behalf of Tesla Inc. shareholder Richard Tornetta have taken a rather audacious step. Their latest move involves a request for compensation for their legal services to be paid in the form of Tesla shares. This request entails […]

Uniswap L2 Transaction Volume Surpasses $200 Billion Milestone

Uniswap

Uniswap’s Layer-2 (L2) ecosystem has reached a significant milestone in the decentralized finance (DeFi) sector, surpassing $200 billion in transaction volume during February 2024. This achievement highlights the increasing importance of decentralized exchanges within the cryptocurrency landscape. Data from leading crypto analytics platform Dune revealed that Uniswap’s L2 protocol volume on platforms including Arbitrum, Polygon, […]

Bitcoin mining firms struggles continue after Bitcoin ETF approval

Mining

In recent months, the launch of the Bitcoin ETF in January has ignited a surge in the price of BTC, delighting investors worldwide. This significant increase in Bitcoin’s value, however, hasn’t been mirrored among companies involved in mining the leading cryptocurrency, with some notable exceptions. Bitcoin mining firms witness a decline in stock prices Publicly […]

Bitcoin analyst says bulls entering the market are late

Record-breaking week for NFT market as sales top $412m

In recent weeks, Bitcoin (BTC) has experienced a remarkable surge, climbing over 40% within just four weeks and inching tantalizingly close to its previous all-time high of nearly $69,000. Such a dramatic rise often attracts short-term traders and speculators eager to capitalize on the momentum. Bitcoin analyst chides latecomers Many of these traders, who may […]

Miners continue to offload Bitcoin as the halving event draws close

Miner

As the cryptocurrency mining landscape continues to evolve, miners are facing a multitude of challenges and opportunities. The recent decline in Bitcoin holdings among them underscores the dynamic nature of this sector and the strategies employed by industry participants to navigate changing market conditions. Miners under pressure to optimize their operations One significant factor influencing […]

Bitcoin Ordinals on the rise amid the upcoming halving event

Bitcoin Ordinals

The resurgence of Bitcoin Ordinals, NFT-like inscriptions on individual satoshis within the Bitcoin blockchain, has captivated the cryptocurrency community amidst Bitcoin’s remarkable surge in value. Recent data from CryptoSlam reveals a notable uptick in sales across major Ordinals marketplaces, with transactions exceeding $19.7 million on a single day. Bitcoin Ordinals resumes resurgence This surge represents […]

Anthony Scaramucci counters James Dimon’s opinion on Bitcoin

Former FTX employees launch new crypto exchange Backpack

SkyBridge Capital founder Anthony Scaramucci has countered the points raised by JP Morgan CEO James Dimon concerning the leading digital asset Bitcoin. Concerns over the current state of fiscal policies and skepticism regarding the market’s sustained optimism for a “soft landing” have been voiced by Jamie Dimon. SkyBridge Capital founder challenges Dimon’s stance Speaking at […]

Peruvian stock exchange announces spot Bitcoin ETF listings

Peru

The Lima Stock Exchange (BVL), a pivotal institution in Peru’s financial landscape, has made a significant stride by announcing the inclusion of three Bitcoin spot exchange-traded fund (ETF) instruments on its trading platform. This strategic move expands investment opportunities for traditional investors in the country and signals a growing acceptance of digital assets within the […]

MicroStrategy’s Bitcoin stash hits $10 billion amidst new purchases

MicroStrategy

MicroStrategy, under the unwavering guidance of its staunch Bitcoin maximalist leadership, has once again demonstrated its firm commitment to the premier cryptocurrency by acquiring an additional 3,000 BTC for approximately $155.4 million in cash over the past ten days, as disclosed in a recent U.S. federal government filing. MicroStrategy purchases new Bitcoin stash This latest […]

CBDC Plan Encounters Firm GOP Senatorial Resistance

CBDC

CBDC, a coalition of Senate Republicans spearheaded by the formidable Sen. Ted Cruz, has embarked on a concerted campaign aimed at reining in the expansive powers of the Federal Reserve in its prospective launch of a Central Bank Digital Currency. This maneuver is paramount as it sets the stage for a pivotal discourse in the […]

Bitcoin Forms Megaphone Pattern, Potential Rally Towards $60,000

Bitcoin Forms Megaphone Pattern

Bitcoin (BTC), the flagship cryptocurrency, paints a compelling picture on its daily chart, a megaphone pattern signaling a potential surge toward the coveted $60,000 milestone. This technical formation, spotted by esteemed crypto analyst Ali Martinez, hints at promising possibilities if BTC maintains crucial price levels. Martinez’s analysis underscores the significance of BTC holding above $50,000 […]

Satoshi Nakamoto’s emails reveal early Bitcoin vision

Satoshi Nakamoto

The ongoing legal dispute between the Crypto Open Patent Alliance (COPA) and Craig Wright, the self-proclaimed inventor of Bitcoin, is providing valuable insights into the early days of the cryptocurrency through a series of released emails attributed to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Satoshi Nakamoto’s emails provide valuable insights The latest batch of emails, spanning […]

European Central Bank officials discuss the value of Bitcoin

Europe

European Central Bank (ECB) officials Ulrich Bindseil and Jürgen Schaaf have remained steadfast in their skepticism towards the recent approval of spot Bitcoin ETFs in the United States. Despite the Securities and Exchange Commission’s nod to 11 spot Bitcoin ETFs in January, which subsequently attracted over $3 billion in net flows and more than $1 […]

Robert Kiyosaki makes a shocking Bitcoin prediction

Robert Kiyosaki

Renowned author Robert Kiyosaki, known for his bestselling book “Rich Dad Poor Dad,” has once again made bullish predictions regarding the price of Bitcoin. In a recent social media post, Kiyosaki forecasted that Bitcoin’s price would surge to $100,000 by June 2024. This projection aligns with his previous optimistic outlook on BTC’s trajectory, as well […]

Google Trends show a decline in BTC interest as it hits $52K

Google

In recent times, Bitcoin’s value surged to $52,545, yet public fascination with the cryptocurrency appears to be waning. Google Trends data reveals a subdued level of interest, with the search term “bitcoin” scoring only 36 out of 100 in global metrics over the last 90 days. This is a stark contrast to the excitement seen […]

Bitcoin network prepares for a significant increase in its difficulty

Bitcoin

The upcoming Bitcoin difficulty adjustment scheduled for February 15, 2024, is anticipated to bring a substantial increase in the network’s complexity for miners. This projected rise, estimated to range between 8.45% and 9.2%, would represent the most significant difficulty surge witnessed in 2024 thus far. Bitcoin difficulty is set to undergo a significant increase In […]

Ethiopia Becomes New Hub for Chinese Bitcoin Miners

Russian firm BitCluster to establish 120 MW Bitcoin mining center in Ethiopia

Ethiopia has emerged as the new sanctuary for Chinese Bitcoin miners due to the quest for sustainable, cost-effective energy sources. Ethiopia’s embrace of Bitcoin mining amidst global scrutiny over energy consumption marks a pivotal chapter in the crypto narrative. Spring witnessed an intriguing development near Ethiopia’s Grand Ethiopian Renaissance Dam. Cargo containers housing high-powered computers […]

UK High Court: Craig Wright Presents Case in Bitcoin Creator Claim

Craig Wright

In a significant development today, the UK High Court witnessed the presentation of the case by Craig Wright, who claims to be the elusive creator of Bitcoin, Satoshi Nakamoto. Wright has been asserting his association with Bitcoin since 2016, but substantial evidence supporting his claims has remained elusive. The Crypto Open Patent Alliance (COPA) trial […]

Bitcoin tipped to reach $240,000 after its upcoming halving

Bitcoin

As Bitcoin enthusiasts eagerly anticipate the upcoming halving event in April 2024, market analysts, including Scott Melker, also known as the “Wolf of All Streets,” have been sharing insights into how this event could influence the cryptocurrency’s price. Scott Melker discusses Bitcoin’s future post-halving Melker, a prominent trader, investor, and host of the Wolf of […]

Ark Invest highlights triggers of Bitcoin’s price in 2024

Ark Invest

Ark Investment Management’s “Big Ideas 2024” report sheds light on pivotal factors set to influence Bitcoin’s trajectory throughout the year. The firm emphasizes Bitcoin’s evolution from a speculative instrument to a strategic investment within diversified portfolios. The comprehensive analysis delves into technological convergence and its potential to reshape industries and economies. Ark Invest discusses Bitcoin’s […]

Core Scientific reveals its Bitcoin mining numbers in 2023

Core Scientific

In 2023, Core Scientific emerged as the largest publicly listed cryptocurrency mining company in North America, having mined a substantial 19,274 Bitcoins valued at $812 million. The company, which operates across several states in the United States, including Georgia, Kentucky, North Carolina, North Dakota, and Texas, achieved this feat by mining 13,762 Bitcoins within its […]

Bitcoin gets stablecoin boost amid a massive spike in supply

Bitcoin

Bitcoin has recently experienced a significant surge, reaching two-year highs, and intriguingly, this surge appears to be correlated with a rise in stablecoin “buying power.” Glassnode’s Stablecoin Supply Ratio (SSR) oscillator, a tool that measures the ratio between Bitcoin’s market capitalization and the combined value of stablecoins, serves as an insightful indicator of the supply/demand […]

Bitcoin’s Taproot Adoption Skyrockets to 39% in a Year

Taproot

Bitcoin’s revolutionary Taproot upgrade has made a stunning leap in adoption, surging from a mere 1% to a formidable 39% in just one year. In an unprecedented turn of events, Bitcoin’s Taproot upgrade has witnessed an astonishing surge in adoption, demonstrating its growing prominence in the cryptocurrency landscape. Over the past year, Taproot has witnessed […]

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