Category: Bitcoin
Marathon Digital to purchase Bitcoin mining facilities
After paying $179 million for the purchase of two Bitcoin mining sites, the mining company Marathon Digital is expected to increase its mining capacity and lower the cost of mining…
Crypto Bytes: Top 10 News from Cryptoverse
1. Zooko Wilcox, the creator of the privacy-focused cryptocurrency Zcash, is leaving position as CEO of Electric Coin Co. The new CEO of Electric Coin Company, the development company for…
Latest updates on Bitcoin ETFs
An investment vehicle known as a Bitcoin ETF tracks the price of the cryptocurrency and gives investors exposure to it without requiring them to purchase and hold it themselves. Traditional…
Bitcoin rally might end soon, Altcoin Mania to follow?
There have been more than 249K unconfirmed transactions in the Bitcoin mempool, causing considerable congestion. Since Ordinals account for more than half of all daily network transactions, the increase in…
What Comes Next After Bitcoin (BTC) and Altcoins See a Sharp Correction and $300 Million Liquidated?
Following a huge rise in investor interest in the previous week, Bitcoin (BTC) and other cryptocurrencies are currently experiencing a free fall, with the overall cryptocurrency market declining by more than 3%. The price…
Bitcoin Price Battling key $38K resistance level! Can Bulls prevail amid rising optimism and growing institutional interest?
With the market dynamics changing, traders and investors are keeping a careful eye on Bitcoin’s performance as it hovers around $38,173 at the time of writing, down slightly during early…
Bitcoin Bulls getting restless as $BTC continues to trade in a narrow range
Bitcoin’s price has begun to decline after hitting a wall at the $27,500 mark. The digital asset has been having difficulty lately, failing to break through the $27,500 barrier. As…
Bitcoin price volatility might continue as the US Fed Reserve keeps rates unchanged
The U.S. Federal Reserve made the much-anticipated decision to maintain monetary policy on Wednesday, maintaining the 5.25% to 5.50% range for its benchmark interest rate. Fed officials also predicted that interest rates…
Bitcoin bearish phase to continue even as derivatives and ordinals data reveal positive trading activity
Pic Credit: Trading View The five-day BTC chart displays that while the bears may be enjoying an extended phase, the bulls might prevail in the long run. The current bearish…
Defamation case: Craig Wright loses appeal against Bitcoin celebrity Peter McCormack
Australian computer scientist who is also referred to as the ‘fake Satoshi Nakamoto’, lost a case that he had filed against Peter McCormack in a United Kingdom court in connection…
MicroStrategy Increases Bitcoin Holdings, Controlling 0.726% of Total Supply
MicroStrategy, a prominent publicly traded company and leader in Bitcoin holdings, has once again demonstrated its assertive approach to acquiring Bitcoin. The corporation just disclosed the acquisition of a further 12,333…
Bitcoin Depot’s Nasdaq Debut pushes its price by 12%
The world’s largest cryptocurrency operator Bitcoin Depot debuted on the Nasdaq on July 3, 2023, and clocked a 12% increase in its share price. The uptick in its price came…
Bitcoin Price Prediction: $BTC managed to close the 2nd quarter candle in green!
Many experts have been warning that a price retreat is imminent for Bitcoin but the pioneering cryptocurrency has managed to surprise all. Rising high on the news of Microstrategy purchasing…
CME Group to Roll Out Ethereum/Bitcoin Ratio Futures in July
The Chicago Mercantile Exchange (CME) Group on June 29, 2023, announced that it will be rolling out Ether/Bitcoin Ratio futures. The futures contracts are slated to be launched on July…
ARK and 21Shares amend 19b-4 for their ETF. Here’s what it means
ARK Investment Management and crypto asset management firm 21Shares will be making changes to their 19b-4 for their spot Bitcoin exchange-traded fund (ETF) to include a surveillance sharing agreement (SSA)….
Bitcoin Price Prediction: $30K achieved. What’s next for BTC?
Bitcoin received a fresh boost after many institutional investors including BlackRock started applying for ETF. BlackRock has had a stellar record of ETF approvals with only one denial and it…
Robert F. Kennedy Jr. Hails Bitcoin as “Perfect Currency” and Criticizes SEC’s Crypto Policy
Robert F. Kennedy Jr., a Democratic US presidential candidate for the 2024 campaign, has expressed his admiration for Bitcoin ($BTC), calling it the “perfect base currency.” Kennedy believes that cryptocurrencies…
Bitcoin Is Becoming Illiquid, Signaling Steady Accumulation
The cryptocurrency market has been witnessing unprecedented growth in recent years, with Bitcoin leading the charge. In a recent development, Bitcoin has been showing signs of illiquidity where more and…
El Salvador Engages ‘The Bitcoin Standard’ Author for Economic Strategy Consultation
The National Bitcoin Office of El Salvador has appointed Dr. Saifedean Ammous, renowned author of “The Bitcoin Standard,” to provide consultancy on economic policies. Dr. Ammous’s book, published in April…
Understanding the Factors Behind Bitcoin’s Decline: Debt Ceiling Talks Take Center Stage
Following a favorable development in the U.S., Bitcoin prices experienced a notable surge as the country’s inflation data showed a decrease, slipping below 5% compared to the previous year. This…