The Bitcoin halving reduced miner rewards from 6.25 to 3.125 BTC at block 840,000, coinciding with high transaction fees due to the Runes launch. Fees initially surged to over US$146 for medium-priority and $170 for high-priority transactions, but have since decreased to around $16. Mark Cuban suggests miners might pivot to AI, exploiting high GPU […]
Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […]
Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key bullish trend line […]
In early April 2024, the crypto industry experienced a significant shakedown in price, which severely affected the market. Bitcoin (BTC), the largest cryptocurrency, fell below $60,000, and Ethereum (ETH) broke its $3,000 support level. While the market seems to have rebounded, investors of Fetch.AI (FET) and Litecoin (LTC) are still nursing the losses they incurred […]
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The Middle East has emerged as a hotspot for cryptocurrency adoption, according to a recent report by Bitget Research. The average daily number of crypto traders in the region soared to 500,000 in 2024. This figure represents an increase of 166% year-over-year. Crypto in the Middle East This surge in crypto adoption is driven by […]
TL;DR Despite the rise of Runes, Bitcoin transaction fees have hit a five-year low, surprising analysts. Initially, Runes activity raised concerns about fees, but its impact on the BTC network appears to be decreasing, indicating relative stability. Miners can capitalize on the increased transaction demand, helping to maintain network security and robustness. Despite the recent […]
A piece in Swiss newspaper Neue Zürcher Zeitung on Bitcoin lobbyists working to have the Swiss National Bank include the cryptocurrency in …
Bitcoin is an ephemeral digital currency. It doesn’t have a physical address, or a specific place you can track it down. It’s everywhere. This is what gives Bitcoin its superpowers, what makes it a truly decentralized and globally accessible monetary network. Your bitcoin isn’t stored in your wallet but at Bitcoin addresses recorded by every […]
A closely followed crypto trader believes that Dogecoin (DOGE) could be gearing up for a massive rally to the tune of over 530%. Analyst Ali Martinez tells his 59,800 followers on the social media platform X that Dogecoin has remained faithful to a pattern seen during the 2017 and 2021 bull cycles. According to the […]
A popular trader known for several accurate crypto market calls is outlining his Bitcoin forecast after the BTC halving last week. The pseudonymous analyst known as Dave the Wave shares a chart with his 147,000 followers on the social media platform X that indicates Bitcoin could reach $169,500 in the last quarter of 2024. According […]
Satoshi Nakamoto’s vision of Bitcoin is strong fundament for future development of digital asset industry
A recent analysis paints a rosy picture of Bitcoin’s future, even with a conservative growth projection. Taking to X, Michael Sullivan predicts that the world’s most valuable coin could reach a staggering $245,000 within just five years if it maintains a mere 30% compound annual growth rate (CAGR). Bitcoin Projections: From Conservative To Exponential Growth The analysis […]
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending $16,000 for a toilet seat, everybody […]
Two SEC attorneys have resigned after being accused of making potentially false and misleading representations to the court by the judge in the regulator’s case against DEBT Box. The judge also accused the SEC itself of a gross abuse of its powers, prompting an apology from the regulator’s head of enforcement. The SEC has been […]
A new report from the International Monetary Fund has emphasised Bitcoin’s role as a unique economic driver. The analysis focussed on cross-border transactions to identify how Bitcoin was similar (or unique) to traditional capital flow. The report uncovered that BTC is often used by people in developing nations to circumvent capital flow restrictions and financial […]
Make $10 Daily With BlockDAG’s X10 Rig: Miner Sales Cross $2.24M, Surpassing ETH Price Prediction and Ripple’s Expansion The latest ETH price prediction hints at a downward trend, with Ethereum struggling to maintain its ground above critical averages. Meanwhile, Ripple’s advancements in blockchain technology continue to enhance Ripple Payments. However, the spotlight is increasingly on […]
The latest inflow on April 22 was $19.7 million which means that BlackRock is now in the top ten of longest daily inflow streaks for all US exchange-traded funds. The 70-day milestone ties BlackRock’s IBIT fund with JETS, an ETF that combines shares in an index of airline industry companies. It has also achieved 70 […]
Hut 8, the result of a merger with US Bitcoin Corporation last November, has garnered attention due to its diversified business model, according to a research report by Benchmark released today (Monday). A Close Look at Revenue Streams and Crypto Reserves Benchmark analysts highlighted the company’s various revenue streams, including self-mining, managed services, hosting, and […]
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BERKELEY, Calif — In an era where the digital divide continues to widen, one cryptocurrency initiative, ShaktiCoin (SXE), is re-imagining the …
OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing on Bitcoin, announced today that it has received a $1,000,000 donation from The Reynolds Foundation. OPENSATS RECEIVES $1,000,000 DONATION FROM REYNOLDS FOUNDATION The Reynolds Foundation is supporting OpenSats with a generous $1M donation, noting that they "warmly invite fellow philanthropists to […]
A widely followed trader thinks one gaming project on Ethereum (ETH) will be the Axie Infinity (AXS) of this cycle. In 2021, AXS was one of the best-performing coins, pulling off a 174,900% gain when the gaming altcoin rallied from around $0.10 to $175. Now, pseudonymous trader Criptopaul tells his 107,600 followers on the social […]
Crypto whales are currently on the move as one large entity with nearly half a billion dollars worth of Ethereum (ETH) was spotted withdrawing coins from crypto exchanges. First seen by blockchain tracking firm Lookonchain, an address beginning with “0x4359” was spotted taking their ETH out of Binance and decentralized exchanges (DEXes). Lookonchain says the […]
Following recent Bitcoin halving, surge in significant cryptocurrency transactions by unidentified new whales has raised intrigue
Ethereum price is gaining pace above the $3,120 resistance zone. ETH could continue to move up unless there is a daily close below the $3,030 level. Ethereum extended its increase above the $3,150 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming […]
Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC) teeters on the brink of falling below the 300,000 mark, as it recorded a holding of 304,970.43 bitcoins as of […]
Ontario’s Superior Court of Justice has certified a class action lawsuit against Binance, according to a report by Advisor.ca. The lawsuit alleges that Binance Holdings Limited violated securities law by offering crypto derivative products to retail investors without proper registration. Regulatory Scrutiny This latest development occurs amid increasing scrutiny from regulatory authorities, including the Ontario […]
A new draft tax form by the Internal Revenue Service (IRS) is proposing tracking specific crypto transactions. The Digital Asset Proceeds From Broker Transactions draft indicates that taxpayers must fill out Form 1099-DA, which collects trader identification and detailed transaction data from crypto “brokers.” According to Shehan Chandrasekera, a crypto accountant and the head of […]
Despite Bitcoin’s price stabilising around US$65k post-halving, some altcoins like Bonk saw weekend rallies. CORE token surged 68% following the introduction of non-custodial BTC staking, a first for Bitcoin. AIOZ Network gained following news about Alibaba Cloud collaboration aimed at boosting Web3 functions and community involvement in the Asia-Pacific region. With the halving done and […]
Bitcoin’s halving event occurred with stable prices despite a surge in network fees, seen as positive by analysts. Van de Poppe anticipates a shift towards altcoins as the next major market movement, suggesting they might offer significant investment opportunities post-halving. JPMorgan and AsiaNext CEO maintain a cautious stance, believing the halving effects were already priced […]
BlockDAG Shines with $19.5M Presale And Moon Keynote Teaser, Overshadowing BNB Price and Solana DEX Activity In the world of cryptocurrency, where innovation drives investment, BlockDAG stands out. With its state-of-the-art X-series mining rigs and a hybrid consensus mechanism, BlockDAG has accumulated an impressive $19.5 million in presale revenue and demonstrated its potential for a […]