Tag: Bitcoin
10% of monthly bitcoin income will be invested by Dorsey’s Block, and shares increase after Q1 results above expectations
After-hours trading on Thursday saw Block (SQ) shares rise in response to first-quarter profits that exceeded analysts’ projections. Achieved adjusted profits per share of 85 cents over the consensus forecast…
With more than 40 apps, Build on Bitcoin launches its mainnet
The team announced on Twitter that the BOB mainnet is going live with over 40 dapps available and $300 million in total value locked (TVL). They called it “a Bitcoin-driven…
Peter Schiff Declares Bitcoin to be in a Bear Market Despite Stagflation in the US Economy
Peter Schiff on the US economy facing stagflation and the bear market for bitcoin A gold bug and an economist On Wednesday, Peter Schiff shared his thoughts on bitcoin and…
Elliptic, a crypto forensics company, uses AI advancements to find Bitcoin money laundering
Elliptic’s detection methods are being improved by the company, according to a statement. The effort is documented in a recently published research article that was “co-authored with researchers from the…
Cryptocurrency Markets Collapse Due to Dismal Hong Kong ETF Flows
The largest cryptocurrency in the world, Bitcoin (BTC), is currently trading below $61,000, while Ethereum (ETH) is down 7% and trading at about $3,000. According to CoinGecko, the value of…
Coinbase and Lightspark collaborate to provide support for the Lightning Network
With the launch of Lightning Network functionality today, Coinbase—the biggest cryptocurrency exchange in the United States based on trade volume—will allow its customers to send, receive, or make payments using…
MicroStrategy increases its total holdings to 214,400 BTC in April after purchasing 122 BTC
MicroStrategy, led by Michael Saylor, disclosed fresh data on its bitcoin holdings on Monday in conjunction with its first-quarter 2024 financial report. According to the quarterly report, the company currently…
Three years’ worth of blocks are produced in a single week by a Bitcoin testnet griefing assault, upsetting engineers
The usual operation of the Bitcoin testnet network was interrupted by a griefing attack. When someone purposefully floods a network with transactions, it becomes overloaded and disrupts normal operations. This…
BlackRock’s Bitcoin ETF Sees Three Consecutive Days of Zero Inflows
BlackRock’s iShares Bitcoin Trust (IBIT) has encountered a notable trend, experiencing three consecutive days without any new investments, a stark deviation from its previous streak of continuous inflows lasting 71…
‘Epic sat’ from the fourth Bitcoin halving block by ViaBTC is sold for 33.3 BTC ($2.13 million)
From the fourth halving block of Bitcoin, an incredibly uncommon satoshi, the smallest unit of currency, known as a “epic sat” sold for more over $2 million. “Sat 1,968,750,000,000,000” was…
FBI advises Americans not to use unregistered cryptocurrency transmission services
Americans have been cautioned by the US Federal Bureau of Investigation not to use unregistered cryptocurrency money transmission businesses. The FBI’s Internet Crime Complaint Center (IC3) released a statement on…
There are already over 1,000 bitcoin ATMs in Australia: Report
With 1,008 Bitcoin ATMs operating in its network, Australia currently accounts for 2.7% of all cryptocurrency ATMs worldwide. With 31,179 crypto ATMs and 82.8% of the worldwide market, the United…
Bitcoin Miner Revenue Holds Firm Post-Halving
The recent Bitcoin halving event, occurring on April 19, has brought significant attention to the cryptocurrency market. Historically, the halving, which reduces the reward for mining a Bitcoin block by…
Anticipating Market Moves: Analysis of Cryptocurrency Options Expiry on Deribit
This Friday, Deribit, a major derivatives exchange, is witnessing an impending expiration of cryptocurrency options, with a staggering total worth exceeding $9.4 billion. The bulk of this value is represented…
Bitcoin’s Issuance Rate Falls Below Gold’s Following Fourth Halving: Glassnode Analysis
Bitcoin’s recent fourth halving event has triggered a significant milestone, with analyst firm Glassnode suggesting that the digital currency has now surpassed gold in terms of issuance scarcity. During the…
Block Unveils Cutting-Edge Bitcoin Mining Chip for Decentralized Operations
Block, a digital payments firm co-founded by Jack Dorsey, has achieved a significant milestone in the realm of cryptocurrency mining technology. The company announced the successful development of a three-nanometer…
The ‘Epic Satoshi’ auction is exclusive and has already doubled the bids to two bitcoins
The auction for the “epic satoshi” from the fourth halving, which was initially mined by the mining pool Viabtc, has begun on Coinex. The initial bid on this event, which…
Together, eToro and 21Shares will introduce a “data-driven” cryptocurrency portfolio for everyday investors
It uses data from monthly flows into European crypto ETPs and stores real crypto assets. The underlying assets, which include well-known cryptocurrencies like Bitcoin, Ethereum, and other altcoins, are divided…
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…