Tag: bitcoin
All news related to the leading cryptocurrency.
Runes Protocol Activity Drops
Reading Time: < 1 minute Launched on April 19, right alongside Bitcoin’s recent halving, the Runes protocol has been live on the blockchain for three weeks.
Bitcoin Mining Difficulty Falls by More Than 5%
Reading Time: < 1 minute Due to the latest recalculation, the difficulty of mining the leading cryptocurrency dropped by 5.63% to 83.15T. This decrease is the most significant since December 2022.
zkSNACKs CEO: Bitcoin Privacy Will Survive After CoinJoin’s Shutdown
Reading Time: < 1 minute One of the key privacy-enhancing services in the Bitcoin ecosystem, provided by zkSNACKs, will soon no longer be available.
Bitcoin Surpasses One Billion Transactions
Reading Time: < 1 minute More than 800 weeks and a day has passed since Bitcoin was launched on January 3, 2009, when its very first block was created.
JPMorgan Keeps Cautious Stance on Crypto Prospects
Reading Time: < 1 minute JPMorgan analysts have a cautious outlook on cryptocurrencies in the near future.
Block Plans to Invest 10% of its Bitcoin Profits into BTC
Reading Time: < 1 minute Block shares rose 3.16% to $242.90 in after-hours trading, following better-than-expected first-quarter earnings.
BlackRock’s Bitcoin ETF Suffers First Daily Outflows Since Launch
Reading Time: < 1 minute The BlackRock iShares Bitcoin Trust and other US Bitcoin ETFs have experienced a record day of net outflows.
Roger Ver Arrested for Tax Evasion
Reading Time: < 1 minute Roger Ver, also known as “Bitcoin Jesus” and the founder of Bitcoin.com, was arrested in Spain for tax fraud based on charges from the US Department of Justice.
Strike CEO: Bitcoin Will Hit $1M
Reading Time: < 1 minute According to Strike CEO Jack Mallers, Bitcoin’s price is expected to reach $1 million in the long term.
A Solo Miner Solves a Valid Block and Wins 3.125 BTC Reward
Reading Time: < 1 minute A lone Bitcoin miner has accomplished a remarkable feat by solving a Bitcoin block on their own, earning the full 3.125 Bitcoin block reward.
Runes Becomes Leader in Terms of Bitcoin Transactions
Reading Time: < 1 minute As of April 24, 51.5% of daily transactions on the Bitcoin blockchain were made using tokens on the Runes protocol, while traditional BTC operations accounted for 46.9%.
Hong Kong to Start Offering Bitcoin and Ether ETFs Trading on April 30
Reading Time: < 1 minute On April 24, the Securities and Futures Commission (SFC) in Hong Kong officially approved the first batch of spot Bitcoin and Ether exchange-traded funds (ETFs).
PayPal Makes Proposal to Incentivize Green Crypto Mining
Reading Time: < 1 minute PayPal is offering incentives to bitcoin miners who proactively work towards reducing the environmental impact of their operations.
Coinbase Says Cryptos Will Remain Dependent on Global Economy
Reading Time: < 1 minute According to analysts at Coinbase, the halving event may be strongly influenced by the global economic situation, with a potential to impact the price of Bitcoin and other digital currencies.
Fees Spent on BTC’s Halving Block Reach $2.4M
Reading Time: < 1 minute Bitcoin users have paid a staggering amount of fees – 37.7 Bitcoin, equivalent to over $2.4 million at current rates – to secure their portion of the limited space on the fourth Bitcoin halving block.
Coinify CEO Says Bitcoin Mining Will Become Unprofitable After Tomorrow’s Halving
Reading Time: < 1 minute CEO of Coinify, Ricky Stier, has cautioned miners that they may face unprofitable mining operations after the halving and urges them to review their strategies to stay productive.
Bitcoin Hodlers Moved $1.7B to Accumulation Wallets When the Crypto Fell
Reading Time: < 1 minute Despite the recent dip in the price of Bitcoin, hardcore holders of the digital currency remained undaunted as they added a staggering $1.7 billion worth of BTC to their accumulation addresses.
Bitwise: The Crypto Market is Underestimating BTC Halving Impact
Reading Time: < 1 minute According to Bitwise Asset Management, past price movements following this highly anticipated event have been disappointing.
Miners Could Sell Off a Large Number of Bitcoins After Halving
Reading Time: < 1 minute According to a market analyst, in the months following the halving, there could be a large decrease in the number of Bitcoins held by miners.
Bitcoin’s Volatility Hits Highest Level in 2 Years
Reading Time: < 1 minute In April, Bitcoin’s price fluctuation range reached its highest level since November 2022, reaching $70,711, according to Kaiko.
Robert Kiyosaki Supports Cathie Wood’s Bitcoin Forecast
Reading Time: < 1 minute Kiyosaki has expressed his support for the statement made by Ark Invest CEO Cathie Wood, who has predicted that Bitcoin could reach over $2 million in the future.
Grayscale’s Bitcoin ETF Outflows Reach a Record Low
Reading Time: < 1 minute GBTC, the Grayscale Bitcoin Trust, has experienced a significant decrease in outflows, dropping by 90% in comparison to the previous day.
Arthur Hayes: Cryptocurrencies Will Fall After Bitcoin Halving
Reading Time: < 1 minute BitMEX exchange’s founder, Arthur Hayes, is predicting a prolonged period of decline for the cryptocurrency market following the Bitcoin halving.
Robert Kiyosaki: US Economy Will Collapse
Reading Time: < 1 minute Renowned author and entrepreneur Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” recently declared the United States as bankrupt and urged people to invest in gold and the top cryptocurrency.
Genesis Buys $2.1B in Bitcoin
Reading Time: < 1 minute Genesis reportedly sold about 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire more Bitcoin as part of its plan to settle its debts with creditors.