Tag: Bitcoin
Approval of the Spot Bitcoin ETF alters voter preferences for investments, favoring cryptocurrencies: Grayscale
The study identified a number of characteristics influencing interest in Bitcoin. These include world affairs, concerns over inflation, and the increasing legitimacy of Bitcoin. According to the survey, voters have…
The price of bitcoin drops below $68,000 after a $9.6 billion transfer from the Mt. Gox cold wallet
Bitcoin’s value dropped below $68,000 after a significant transfer from a cold wallet at Mt. Gox. According to information from Arkham Intelligence, Mt. Gox looked to have moved bitcoin worth…
1 million BTC, or 5% of the total supply, is now held via Bitcoin ETFs
Leading this industry with significant Bitcoin holdings are Grayscale and BlackRock, demonstrating the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Contain More Than $1 Million in BTC ETF holdings…
Over the course of two weeks, US Bitcoin spot ETFs receive $2 billion in net inflows
Over the last two weeks, investors have poured about $2 billion into US spot Bitcoin exchange-traded funds (ETFs), according to Farside data. Additionally, these funds had net inflows for ten…
Global Bitcoin ATM Supply Drops, Capping a 10-Month Growth Run
US Bitcoin ATM Count Sharply Declines The total number of Bitcoin ATMs worldwide decreased from 37,902 to 37,621 in May, according to statistics from Coin ATM Radar. Canada, the second-largest…
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…
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…
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…
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…
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…
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…
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…
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….
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…
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…
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…
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…
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…
$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…
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…