Category: Bitcoin
ViaBTC Initiates Auction for “Epic Sat” Following Bitcoin Halving Block
Cryptocurrency mining pool ViaBTC has commenced an auction for the esteemed “epic sat” after successfully mining Bitcoin’s fourth halving block and allocating 40.75 BTC ($2.6 million) in rewards. The auction,…
Exploring BIP-420: Unveiling OP_CAT’s Proposal for Bitcoin Covenants
Advancements in Bitcoin scripting are being spotlighted as proponents of OP_CAT push forward with their proposal for covenants on the Bitcoin network. Advocates are endeavoring to promote their initiative, emphasizing…
Resilient Performance: Spot Bitcoin ETFs See Inflows Post-Halving
Amid the backdrop of Bitcoin’s block-reward halving, spot bitcoin exchange-traded funds (ETFs) in the United States have demonstrated resilience, rebounding from a recent streak of net outflows to record another…
Strike Bitcoin Payments App Launches in Europe, Expanding Access to Lightning Network Services
Strike, the widely anticipated Bitcoin and Lightning Network payments application, has officially launched its services in Europe, granting eligible individuals and businesses across the continent access to a range of…
After growing for 70 straight days, BlackRock’s spot bitcoin ETF is admitted to an exclusive club
On Monday, the BlackRock spot bitcoin exchange-traded fund (ETF) saw inflows for the seventy-first day in a row. This ranked the exchange-traded fund (ETF) of the massive financial company among…
Ledger Live will provide instant-buy and cryptocurrency swapping services via MoonPay
While MoonPay continues to invest heavily in the physical wallet company, Ledger and MoonPay are launching a number of services aimed at digital assets for their clientele. In a statement…
Magic Eden introduces the Bitcoin Runes platform
On Monday, the NFT marketplace Magic Eden unveiled a brand-new Bitcoin BTC +0.42% Runes platform. Users can purchase Runes and Ordinals using their Magic Eden wallet and swap for Bitcoin…
The Swiss National Bank is asked by activists to increase its bitcoin holdings
The Swiss National Bank is asked by activists to increase its bitcoin holdings According to the Swiss daily Neue Zürcher Zeitung, the advocacy group is stepping up its attempts to…
JPMorgan CEO Criticizes Bitcoin as a ‘Ponzi Scheme’ Despite Firm’s Involvement in Bitcoin ETFs
JPMorgan Chase CEO Jamie Dimon has once again cast doubt on the legitimacy of Bitcoin (BTC), branding it a ‘Ponzi scheme’ during a recent interview on Bloomberg TV. Dimon reiterated…
Hut 8 Positioned for Growth with $12 Price Target After Merger: Benchmark Analysis
Amidst an optimistic outlook, Benchmark’s assessment of Hut 8, a leading Bitcoin miner, forecasts a promising future with a bullish “buy” rating and a $12 price target, signaling substantial potential…
The fourth halving of Bitcoin occurred when the block subsidy incentive for miners fell to 3.125 BTC
With the completion of the most recent halving of Bitcoin BTC +1.03%, miners’ block subsidy incentives have decreased from 6.25 BTC to 3.125 BTC. At block height 840,000, Bitcoin saw…
Grayscale intends to charge an industry-low 0.15% fee for its Bitcoin Mini Trust spinoff fund
More information on Grayscale’s new fund, the Bitcoin Mini Trust, which it says will be listed on NYSE Arca with the ticker BTC and have a competitive fee rate of.15%,…
Bitcoin Futures Gain Momentum in Brazil: 7,400 Contracts Traded on Debut
The launch of bitcoin futures contracts on Brazil’s stock exchange, B3, has sparked significant interest among investors, with 7,400 contracts traded on the first day. This surge in demand highlights…
Chinese Embassy Urges Caution for Citizens in Angola Regarding Crypto Mining
Amidst Angola’s recent legislative crackdown on cryptocurrency mining, the Chinese Embassy in the country has issued a warning to its citizens, advising them against engaging in such activities. The embassy…
Prior to a halving, BitMEX’s bitcoin perpetual swap now offers 250x leverage
According to BitMEX CEO Stephan Lutz, “we want to make sure traders can capitalize the most on the bull market.” Prior to the halving event, BitMEX raised the leverage on…
JPMorgan believes that the price of Bitcoin has already “priced in” the halving and anticipates a decline
JPMorgan analysts predict that the price of Bitcoin will drop after the halving since the event has already been included into the existing pricing. Reiterating their earlier identical opinions, JPMorgan…
Redistribution of the halving of ‘epic sat’ revenue is planned by the Bitcoin mining company Foundry
Foundry Digital’s USA Pool Team said in an email snapshot that host Will Foxley of The Mining Pod on X that if the pool mines the first satoshi in the…
Bitcoin Network Transaction Fees Rise as Halving Approaches
Recent data shows a significant increase in bitcoin transaction fees since the beginning of April. The average fee has soared to 133 satoshis per virtual byte, equivalent to approximately $19.48…
Crypto.com CEO Predicts Temporary Dip in Bitcoin Price Before Future Gains
Kris Marszalek, CEO of crypto trading platform Crypto.com, shared his outlook on the impact of the upcoming Bitcoin halving and the introduction of spot Bitcoin exchange-traded funds (ETFs) on the…
Crypto Market Cap Jumps 64% in First Quarter of 2024
The crypto market experienced significant growth in the first quarter of 2024, as reported by CoinGecko. The sector’s market capitalization saw an impressive surge of 64.5%, peaking at $2.9 trillion…