Tag: Bitcoin

24
Jul
2024
Posted in Bitcoin

With the help of Morgan Stanley and a GPU pilot, bitcoin miner IREN is stepping into AI

According to its July 23 Analyst & Investor Day presentation, bitcoin miner IREN (previously known as Iris Energy) is the newest cryptocurrency mining business hoping to capitalize on the artificial…

24
Jul
2024
Posted in Bitcoin

Franklin Templeton contributes $300 million to Bitlayer’s Bitcoin infrastructure

Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A investment round, according to a statement shared with CryptoSlate on July…

23
Jul
2024
Posted in Bitcoin

Bulls in bitcoin aim for $72K following a 5-week high in the premium of BTC futures

On July 22, the price of Bitcoin (BTC) tickers down $66,860 reached an intraday peak of $68,518—its highest level in forty days. The 19.4% increases in ten days were driven…

22
Jul
2024
Posted in Bitcoin

July saw a very active inflow of Bitcoin ETFs, with over $41,000 BTC accumulated

According to HODL15Capital, as of July 21, the number of Bitcoin ETF purchases in the United States had surpassed 41,158 coins. July saw record inflows into Bitcoin ETFs Bitcoin ETF…

19
Jul
2024
Posted in Bitcoin

Bitcoin hits a local low among signs of impending upswing in price: CryptoQuant

Analysts at CryptoQuant claim that after rising to a high of nearly $66,000 earlier this week, the price of bitcoin appears to have bottomed out. According to Thursday’s CryptoQuant Weekly…

17
Jul
2024
Posted in Bitcoin

Set to stack more Bitcoin in the midst of “overestimated” FUD on Mt. Gox: Analyst

According to Ki Young Ju, CEO of CryptoQuant, the effect of Mt. Gox’s repayments on Bitcoin is currently being overstated and will probably be used by whales to purchase more…

17
Jul
2024
Posted in Bitcoin

315,678% Increase in Bitcoin Price Since 2013!

According to recent reports from Fox Business, the price of Bitcoin has soared to an unprecedented 315,678% since 2013, making it the asset with the best performance among all other…

17
Jul
2024
Posted in Bitcoin

After a UK verdict, Craig Wright was compelled to post that he is not the real Satoshi Nakamoto, the creator of Bitcoin

A judge has ordered Australian computer scientist Craig Wright to acknowledge that he is not Satoshi Nakamoto, despite his years-long denials. According to a court document posted on Tuesday, UK…

15
Jul
2024
Posted in Bitcoin

During the decline in price, Bitcoin whales purchased $4.3 billion worth of Bitcoin

During the month-long decline in the cryptocurrency market, Bitcoin whales profited greatly, amassing 71,000 Bitcoin at the quickest rate of stacking since April 2023. A significant portion of the $62,596…

12
Jul
2024
Posted in Bitcoin

Analyst: This bull cycle, the price of bitcoin will reach $330,000

Arsen, an independent market expert, is undaunted by the recent decline in the price of Bitcoin and believes that the current bull cycle will see a massive rise to $330,000….

12
Jul
2024
Posted in Bitcoin

Bitcoin fails twice to cross $60K, the index plunges into “extreme fear”

The market’s perception of Bitcoin and other cryptocurrencies is tracked by the Crypto Fear and Greed Index, which has dropped to “extreme fear,” the lowest level since January of last…

12
Jul
2024
Posted in Bitcoin

As US inflation declines, a number of tailwinds might propel bitcoin beyond $100,000 this year

Long-term investors have an opportunity with the current slump in the cryptocurrency market, which has strong tailwinds that might push Bitcoin to $100,000 by year’s end. Matt Hougan, the chief…

10
Jul
2024
Posted in Bitcoin

$441 million in digital asset inflows led by Bitcoin’s weakness

According to a recent CoinShares analysis, there was a $441 million market buying opportunity for digital asset investment products over the previous week. The July 8 report also showed that…

10
Jul
2024
Posted in Bitcoin

Drop in Bitcoin Mining Difficulty Signals an Impending Bottom in BTC Price

It appears that the recent difficulties faced by Bitcoin miners could be a sign of strength for the cryptocurrency’s price. According to Hashrate Index, Bitcoin’s overall hash rate has decreased…

10
Jul
2024
Posted in Bitcoin

Ledger Ventures and angel investors contribute $1.6 million to the hybrid Layer 2 project BOB

Ledger Ventures led a strategic investment round of $1.6 million for BOB (Build on Bitcoin), a hybrid Layer 2 project powered by both Bitcoin and Ethereum, with additional contributions from…

08
Jul
2024
Posted in Bitcoin

Worst cryptocurrency liquidations day since FTX collapse due to post-Mt. Gox payouts

In a few of hours, the price of Bitcoin (BTC) rose 6% in response to the news that Mt. Gox had moved both BTC and BCH to a new wallet….

05
Jul
2024
Posted in Bitcoin

Despite a recent sale, the German government still has over 40K bitcoins, according to Onchain Data

Germany Is Still Selling Bitcoin According to blockchain research firm Arkham, the German government has been selling its stolen bitcoin; the most recent transaction, which involved up to $175 million…

05
Jul
2024
Posted in Bitcoin

The German government has sent an extra $175 million in bitcoin, of which $75 million has gone to cryptocurrency exchanges

Data from Arkham indicates that the German government seems to have sent more bitcoin to a few addresses, suggesting that it may be planning to sell the holdings. According to…

05
Jul
2024
Posted in Bitcoin

Nearly 47,229 BTC are moved by Mt Gox ahead of a $9 billion settlement

Over 47,000 BTC -6.29% were transferred from the collapsed bitcoin exchange Mt Gox to a different wallet late on Thursday night, according to Arkham Intelligence. This occurs before its upcoming…

04
Jul
2024
Posted in Bitcoin

As information suggests an impending range expansion, bitcoin trades in a “enthusiastic” phase

As of June 3rd, the price of Bitcoin BTC tickers at $58,821 was 20% below its all-time high of $73,835. The market’s prevailing lethargy and weariness are reflected in the…