Tag: Bitcoin

24
Apr
2024
Posted in Bitcoin

Resilient Performance: Spot Bitcoin ETFs See Inflows Post-Halving

Amid the backdrop of Bitcoin’s block-reward halving, spot bitcoin exchange-traded funds (ETFs) in the United States have demonstrated resilience, rebounding from a recent streak of net outflows to record another…

24
Apr
2024
Posted in Bitcoin

Strike Bitcoin Payments App Launches in Europe, Expanding Access to Lightning Network Services

Strike, the widely anticipated Bitcoin and Lightning Network payments application, has officially launched its services in Europe, granting eligible individuals and businesses across the continent access to a range of…

23
Apr
2024
Posted in Bitcoin

The Swiss National Bank is asked by activists to increase its bitcoin holdings

The Swiss National Bank is asked by activists to increase its bitcoin holdings According to the Swiss daily Neue Zürcher Zeitung, the advocacy group is stepping up its attempts to…

23
Apr
2024
Posted in Bitcoin

Hut 8 Positioned for Growth with $12 Price Target After Merger: Benchmark Analysis

Amidst an optimistic outlook, Benchmark’s assessment of Hut 8, a leading Bitcoin miner, forecasts a promising future with a bullish “buy” rating and a $12 price target, signaling substantial potential…

22
Apr
2024
Posted in Bitcoin

The fourth halving of Bitcoin occurred when the block subsidy incentive for miners fell to 3.125 BTC

With the completion of the most recent halving of Bitcoin BTC +1.03%, miners’ block subsidy incentives have decreased from 6.25 BTC to 3.125 BTC. At block height 840,000, Bitcoin saw…

22
Apr
2024
Posted in Bitcoin

Bitcoin Futures Gain Momentum in Brazil: 7,400 Contracts Traded on Debut

The launch of bitcoin futures contracts on Brazil’s stock exchange, B3, has sparked significant interest among investors, with 7,400 contracts traded on the first day. This surge in demand highlights…

22
Apr
2024
Posted in Bitcoin

Chinese Embassy Urges Caution for Citizens in Angola Regarding Crypto Mining

Amidst Angola’s recent legislative crackdown on cryptocurrency mining, the Chinese Embassy in the country has issued a warning to its citizens, advising them against engaging in such activities. The embassy…

19
Apr
2024
Posted in Bitcoin

Prior to a halving, BitMEX’s bitcoin perpetual swap now offers 250x leverage

According to BitMEX CEO Stephan Lutz, “we want to make sure traders can capitalize the most on the bull market.” Prior to the halving event, BitMEX raised the leverage on…

19
Apr
2024
Posted in Bitcoin

JPMorgan believes that the price of Bitcoin has already “priced in” the halving and anticipates a decline

JPMorgan analysts predict that the price of Bitcoin will drop after the halving since the event has already been included into the existing pricing. Reiterating their earlier identical opinions, JPMorgan…

19
Apr
2024
Posted in Bitcoin

Redistribution of the halving of ‘epic sat’ revenue is planned by the Bitcoin mining company Foundry

Foundry Digital’s USA Pool Team said in an email snapshot that host Will Foxley of The Mining Pod on X that if the pool mines the first satoshi in the…

19
Apr
2024
Posted in Bitcoin

Bitcoin Network Transaction Fees Rise as Halving Approaches

Recent data shows a significant increase in bitcoin transaction fees since the beginning of April. The average fee has soared to 133 satoshis per virtual byte, equivalent to approximately $19.48…

19
Apr
2024
Posted in 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…

17
Apr
2024
Posted in Bitcoin

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…

17
Apr
2024
Posted in Bitcoin

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…

17
Apr
2024
Posted in Bitcoin

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…

17
Apr
2024
Posted in Bitcoin

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…

17
Apr
2024
Posted in Bitcoin

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…

16
Apr
2024
Posted in Altcoin

Winklevoss Twins Invest $4.5 Million in Peter McCormack’s Football Club

The Winklevoss twins, Tyler and Cameron, have made a notable investment in Real Bedford FC, a football club owned by Peter McCormack, host of the “What Bitcoin Did” podcast. The…

15
Apr
2024
Posted in Bitcoin

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…

15
Apr
2024
Posted in Bitcoin

$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…