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Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions
14.4.2024
On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing...
Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement
14.4.2024
A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K....
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
12.4.2024
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance...
While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange
12.4.2024
This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange...
Bitcoin’s environmental footprint: Navigating sustainability challenges?
12.4.2024
As a prominent cryptocurrency, Bitcoin has greatly benefited the crypto world. Its decentralized nature provides an alternative financial infrastructure facilitating cross-border payments, SCM, and smart contracts. The other significant impacts Bitcoin has made in the financial realm are...
FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack
12.4.2024
Mike Schmidt complied with an FBI subpoena to provide information on attendees at a developer event, as part of the investigation into the theft of Luke Dashjr's Bitcoins.
The post FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack appeared first on Cryptonews
Crypto pump: Win big with BlockDAG’s $2M MEGA GIVEAWAY as Bitcoin drops & APT forecast wavers!
11.4.2024
With Bitcoin experiencing a downturn below $71k and Aptos (APT) grappling with its future price predictions, the crypto market is ripe for a new leader. BlockDAG is exceeding expectations, with its presale reaching nearly $16 Million, demonstrating unparalleled investor confidence. The buzz...
Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says
11.4.2024
Bitcoin's Relative Strength Index is now above 79, a place it hasn't been since the bull market of late 2021
Ordinals Defy Bitcoin's Design Principles but Offer Miners Huge Post-Halving Advantages
10.4.2024
Ordinal inscriptions and BRC-20 tokens are controversial for using up valuable space on the Bitcoin network. But, with rewards set to be cut in half, they offer a lifeline for miners as they adapt to new blockchain economics
Bitcoin’s Bullish Quarter Eases Retail Skepticism: Deutsche Bank
10.4.2024
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear
Marathon CEO Says Bitcoin’s Upcoming Halving Event is Already Partially Priced In
10.4.2024
Bitcoin's highly anticipated "halving" event may already be partially factored into the market, according to the CEO of Marathon Digital Holdings Inc., the largest cryptocurrency miner in the United States.
The post Marathon CEO Says Bitcoin’s Upcoming Halving Event is Already Partially...
Bitcoin’s “Digital Gold” concept doesn’t generate growth in like Octoblock
9.4.2024
By referencing the Bitcoin ETF, Bitcoin may offer stability and store of value properties like gold but lacks the growth potential that innovative projects like Octoblock present. While Bitcoin has been compared to gold, and many investors see it as a hedge against inflation and economic...
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
6.4.2024
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 1.2% to 2.16% around April 11, 2024. Following this adjustment, there will be 1,344 blocks remaining until the reward is halved. Estimated Increase...
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
5.4.2024
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust
Whale Sends Green Bitcoin’s GBTC Token Up 1.6x On Uniswap Launch
5.4.2024
A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) landed on Uniswap at 1PM UTC today and it posted an instant 1.6x windfall after one whale bought $44k worth of it. GBTC began trading at $1.10 but climbed 63% to reach a high of $1.79 immediately after the launch as...
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
5.4.2024
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said
Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations
3.4.2024
US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals
2.4.2024
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee...
How to Use Seasonal Tokens to Get Bitcoins
2.4.2024
Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes...
Bitcoin’s Future as Currency
1.4.2024
Bitcoin has flourished as digital gold. But, in the long-term, its biggest impact will be in denominating business and trade, says Zac Townsend, CEO of Meanwhile