Category: Bitcoin
Peter Schiff Explains Gold’s Rise and Warns of Bitcoin’s Decline
Economist and gold advocate Peter Schiff has recently provided his perspective on the current state of gold and bitcoin. In an interview, he explained why gold prices are on the…
Excitement around runes drives up Bitcoin transaction fees
The halving of Bitcoin is almost here. Although the main reason for this excitement is that it reduces the block reward to 3.125 BTC and slows down the issue of…
Bitcoin Exchange Supplies Nearing Depletion, Says Bybit
Bitcoin’s supply on centralized exchanges is on the verge of being depleted within the next nine months, according to a recent analysis by Bybit. The company’s report, drawing on data…
Norway Plans to Regulate Data Centers to Control Cryptocurrency Mining
Norway is preparing to introduce a new law that will regulate data centers in the country, aiming to exert greater control over operations within these facilities. The legislation seeks to…
Bitcoin Miners Prepare for Halving as Competition Heats Up
As the anticipated Bitcoin halving approaches, the event is now expected to occur a day earlier than initially predicted, on April 19, rather than April 20. Despite an increase in…
Ahead of the halving, Bitcoin mining stocks are still plunging
With investors gravitating toward safer assets due to geopolitical uncertainties following recent hostilities between Iran and Israel and growing short interest in cryptocurrency mining equities, stock values are continuing to…
Since spot ETFs launched, Grayscale’s GBTC has seen a 50% decrease in Bitcoin holdings, reaching its own halving
Since the launch of the U.S. spot bitcoin exchange-traded funds on January 11, Grayscale’s holdings of GBTC bitcoin have decreased by half in around three months. Rather than starting from…
How to Mine Bitcoin SV in 2024
Miners are the people who keep a blockchain network like Bitcoin SV (BSV) safe. They keep the network running by adding new coins that are created as rewards for mining,…
Here’s Why Robert Kiyosaki Won’t Invest in a Bitcoin ETF
Author Robert Kiyosaki explained his refusal to invest in a spot bitcoin exchange-traded fund (ETF). He emphasized, “I do not own gold or silver ETFs, just as I own gold…
$4,500 Crash Is Caused by Severe Bitcoin Market Volatility; $167 million in BTC Longs Are Erased in One Hour
Bitcoin’s (BTC) price dropped below the $62,000 barrier about 4:00 p.m. Eastern Time on Saturday after trading mostly in the $67,000 range during the morning. Within three hours, the cryptocurrency…
Complete Guide to Bitcoin Gold Mining in 2024
Minting new Bitcoin Gold (BTG) tokens and adding them to the Bitcoin Gold ecosystem is known as mining. In addition to safeguarding the network from malicious users, mining is in…
Cryptocurrency Market Faces Turbulence Amid Broader Economic Concerns
The cryptocurrency market experienced significant volatility on Friday as investor concerns about the broader economy and geopolitical tensions spread to digital assets. Bitcoin, the leading cryptocurrency, dropped to $63,000 after…
CF Benchmarks Introduces Bitcoin Volatility Index for Enhanced Market Tracking
CF Benchmarks, a UK-based firm, has launched its Bitcoin Volatility Index, providing a new tool to track and trade future bitcoin price volatility. This innovative offering includes two indices: the…
Circle Introduces USDC Smart Contract Support for BlackRock BUIDL Investors
Circle, the issuer of the stablecoin USDC, has launched smart contract support for investors in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This new feature allows BUIDL investors to…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Bitcoin Surge Boosts Coinbase and MicroStrategy Stocks
Shares of leading cryptocurrency-related companies Coinbase and MicroStrategy soared in early trading as Bitcoin surpassed the $72,000 threshold, signaling renewed investor optimism in the digital asset market. Coinbase and MicroStrategy…
Chinese Asset Managers’ Hong Kong Units Eye Spot Bitcoin ETFs
Asset management firms based in China are making moves to introduce spot bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, with assets totaling over…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Bitcoin ETFs Experience $203 Million Daily Inflows as Halving Anticipation Grows
Spot Bitcoin exchange-traded funds (ETFs) continued their streak of net inflows, with a substantial $203 million influx observed on Friday, April 6. This marked the fourth consecutive day of positive…
Genesis Converts GBTC Shares into Bitcoin: An Overview of Major Financial Maneuvers
Genesis, a crypto lending firm grappling with bankruptcy, has executed a significant financial move by converting approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin. This maneuver is…