Category: Bitcoin

23
May
2024
Posted in Bitcoin

MetaMask plans to introduce support for Bitcoin

The well-known self-custodial hot wallet is hoping to support Bitcoin BTC -0.00057%, according to CoinDesk, which cites sources with knowledge of the situation. Within the next month, the wallet provider…

22
May
2024
Posted in Bitcoin

According to Standard Chartered, bitcoin is predicted to reach a new all-time high this weekend

According to an analyst, the approval of a spot ether exchange-traded fund (ETF) this week would help Bitcoin as well as further legitimize the cryptocurrency industry. Geoff Kendrick, Head of…

22
May
2024
Posted in Bitcoin

Bitcoin Pizza Day: Commemorating a Key Moment in Cryptocurrency History

Bitcoin Pizza Day is a significant date in the cryptocurrency world that marks the first recorded use of Bitcoin for a real-world transaction. Celebrated annually on May 22, the day…

21
May
2024
Posted in Bitcoin

Prepare for the “golden cross,” which last caused a 170% increase in the price of BTC

On May 17, the pressure on overhead liquidity persisted as Bitcoin BTC tickers down $70,975 as analysis pointed to a new golden cross on shorter timeframes. Bull indications on the…

20
May
2024
Posted in Bitcoin

A seven-block streak by AntPool raises concerns about centralization in bitcoin mining

In one hour and thirty-eight minutes on May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904. AntPool Mines Seven Blocks in a Row The mining pool…

17
May
2024
Posted in Bitcoin

Using volcanic geothermal power, El Salvador has mined 474 bitcoin since 2021, increasing the total amount of bitcoin to 5,750

Since 2021, El Salvador has used geothermal power generated by the Tecapa volcano to mine 474 bitcoins. According to Reuters, the mined coins increase the nation’s total bitcoin holdings to…

17
May
2024
Posted in Bitcoin

According to Livepeer CEO, DePIN is a lifeline for Bitcoin miners

After the most recent halving reduced block rewards to 3.125 BTC, Bitcoin (BTC) miners may look to the DePIN ecosystem to make their mining facilities lucrative, Livepeer CEO Doug Petkanics…

17
May
2024
Posted in Bitcoin

In a wild climb, Bitcoin surpasses $66,000, leading to a jump in short liquidations

Following a rally above $66,000, short liquidations of Bitcoin BTC +0.071%, the largest digital asset by market capitalization, have surged to more than $48 million in the last 24 hours….

15
May
2024
Posted in Bitcoin

Monday Sees $39 million in withdrawals from Hong Kong Bitcoin and Ether ETFs

Following bitcoin’s decline below $61,000 on Friday, there were significant withdrawals from both the Hong Kong-listed spot bitcoin and the ether exchange-traded funds (ETFs) on Monday. According to statistics from…

14
May
2024
Posted in Bitcoin

The Pause in the Runes Protocol Matches the Decline in Bitcoin On-Chain Activity

A cooling tendency in these indicators is indicated by recent developments, nevertheless. The price of the most valuable digital asset has seen difficulties over the last two months, and on-chain…

14
May
2024
Posted in Bitcoin

Leading Latin American Crypto Exchange Bitso Introduces Web3 Wallet

Bitso Introduces Web3 Wallet and Makes a Hint About Potential Blockchain Development Through the provision of Web3 services to their clientele, Latin American exchanges are gaining ground on their international…

14
May
2024
Posted in Bitcoin

CAD $1.3 trillion The Bitcoin ETF Holdings of Bank of Montreal Have Been Made Public

In a recent 13F filing with the US Securities and Exchange Commission (SEC), Bank of Montreal (BMO) disclosed its interests in Bitcoin Exchange-Traded Funds (ETFs). SEC filing reveals the holdings…

14
May
2024
Posted in Bitcoin

Biden forbids property ownership by a Chinese-backed cryptocurrency mining company close to a US missile station

Citing worries about potential threats to national security, President Joe Biden issued an order preventing a cryptocurrency mining company with a majority Chinese ownership from owning land adjacent to a…

14
May
2024
Posted in Bitcoin

As mining revenue declines, bitcoin miners are ready to sell their bitcoins: Kaiko data

According to data from the cryptocurrency research and analytics company Kaiko, a significant bitcoin selloff is probably imminent since the token’s miners are under pressure to sell their holdings due…

14
May
2024
Posted in Bitcoin

$620 million in BTC and a $109 million net rise in Q1 were reported by VanEck’s spot bitcoin ETF, HODL

Key data for the spot bitcoin exchange-traded fund (ETF) HODL, issued by the digital asset division of investment management VanEck, is revealed in a recent filing with the Securities and…

13
May
2024
Posted in Bitcoin

The Bitcoin Premium in South Korea Drops But Is Still Higher Than Global Average

The bitcoin (BTC) premium in South Korea is declining, according to recent measures. As of May 11, 2024, the premium dropped to 2.79% from 12% in March, according to data…

13
May
2024
Posted in Bitcoin

Claims can now be made for the Bitcoin Restaking Chain BounceBit Airdrop

With its CeFi + DeFi framework, BounceBit sets itself apart and enables Bitcoin holders to generate income from many sources. The infrastructure it suggests is built around the asset-driven value…

13
May
2024
Posted in Bitcoin

As it promotes itself as Asia’s MicroStrategy, Metaplanet increases its Bitcoin reserves

Additional Bitcoin has been bought by Japan-based Metaplanet, as per a disclosure statement posted on social media platform X on May 10. The company disclosed that on April 23, it…

13
May
2024
Posted in Bitcoin

According to a filing, Wells Fargo Banks has invested $143 million in bitcoin

The great majority of those funds were invested in shares of the Grayscale Bitcoin Trust (GBTC), a Bitcoin spot exchange-traded fund (ETF) whose shares are intended to mirror the spot…

11
May
2024
Posted in Bitcoin

US Bancorp and the Rothschild firm report purchasing about $20 million worth of Bitcoin ETFs on the spot in Q1

According to the corporation, it paid around $5.4 million for 87,744 shares of Fidelity’s FBTC, $2.9 million for 46,011 shares of Grayscale’s GBTC, and $7.2 million for 178,567 shares of…