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Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records
21.10.2024
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023,...
9 AI Chatbots Forecast Bitcoin’s Price Under Trump vs. Harris—Here’s What They See
21.10.2024
On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the speculation surrounding the face-off between Donald Trump and Kamala...
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
21.10.2024
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left...
Why Bitcoin’s Fee Spike Is Raising Eyebrows as Prices Hold Steady Above $68K
19.10.2024
While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly...
Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price Surge
17.10.2024
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,”...
Crypto for Advisors: Bitcoin’s Price
17.10.2024
Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called “spot” ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital asset world and broke ETF records
Ongoing Profit-Taking Could Slow Bitcoin's Move To Record High
17.10.2024
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking
Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms
16.10.2024
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index
QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends
14.10.2024
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future...
Man Who Accidentally Sent $527M in Bitcoins to Dump Sues Local Council to Retrieve Them: Report
14.10.2024
In 2013, Howells accidentally threw out the hard drive his bitcoin stash that he had mined in 2009, worth around $1 million at the time but which now would be worth over $520 million
Whale Accumulation Sparks Fear in Bitcoin’s Options Market
11.10.2024
The cryptocurrency market is witnessing a growing trend among large Bitcoin holders, commonly called “whales.” As of October…
New Twist in Mt Gox Repayments: Creditors to Wait Until 2025
11.10.2024
Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt Gox Trustee Postpones Repayment Deadline by One Year In an announcement on Thursday, Kobayashi cited delays...
Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says
10.10.2024
Peter Todd Denies Being Bitcoin’s Satoshi Nakamoto: Yet the Theory Persists
9.10.2024
HBO documentary on Bitcoin -Money Electric: The Bitcoin Mystery’s claim that Peter Todd is Satoshi Nakamoto, the founder…
US Supreme Court Dismisses Battle Born’s Case on 69,370 Silk Road Bitcoins
8.10.2024
The US Supreme Court has refused to hear Battle Born Investments’ case regarding ownership of 69,370 Bitcoin that…
Polymarket Bettors Shuffle Odds of Bitcoin's Creator Reveal Ahead of HBO Documentary
8.10.2024
New information over the weekend shattered the market's consensus on the identify of Satoshi Nakamoto
Unlocking Bitcoin’s Future: GoBTC Foundation’s Jeremy Dreier on the Crucial Role of Onchain Growth
7.10.2024
GoBTC Foundation supports innovative Layer 1 and Layer 2 projects to grow the Bitcoin onchain ecosystem. By providing investment, strategic guidance, and a platform for launching new tokens, this new foundation helps onchain projects accelerate growth and contribute to Bitcoin’s future—one that...
L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security
6.10.2024
Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees...
Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention
6.10.2024
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will play a “very, very important role” in...
HBO Is Joining Search for Bitcoin's Satoshi. Past Attempts Haven’t Turned Out Great.
4.10.2024
HBO says it knows who Satoshi is