Tag: BTC

30
May
2024
Posted in Bitcoin

Metaplanet Acquires An Additional $1.6 Million in Bitcoin Holdings

With an additional acquisition of $1.6 million USD, Metaplanet expands its holdings of Bitcoin. The business intends to make additional acquisitions and sees Bitcoin as its main treasury reserve. Recently,…

30
May
2024
Posted in 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…

30
May
2024
Posted in Bitcoin

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…

28
May
2024
Posted in Bitcoin

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…

27
May
2024
Posted in Bitcoin

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…

23
May
2024
Posted in Bitcoin

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…

23
May
2024
Posted in Bitcoin

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…

22
May
2024
Posted in Bitcoin

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…

22
May
2024
Posted in Bitcoin

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…

21
May
2024
Posted in Bitcoin

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…

20
May
2024
Posted in Bitcoin

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…

17
May
2024
Posted in Bitcoin

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…

17
May
2024
Posted in Bitcoin

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…

17
May
2024
Posted in Bitcoin

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….

14
May
2024
Posted in Bitcoin

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…

14
May
2024
Posted in Bitcoin

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…

14
May
2024
Posted in Bitcoin

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…

14
May
2024
Posted in Bitcoin

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…

14
May
2024
Posted in Bitcoin

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…

14
May
2024
Posted in Bitcoin

$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…