Tag: bitcoin
All news related to the leading cryptocurrency.
Ethereum and Bitcoin Networks Fees Hit Highest in a Month
Reading Time: < 1 minuteIn the last 24 hours, there have been numerous reports of high transaction fees on the Bitcoin and Ethereum networks, with some fees exceeding $200.
Grayscale and SEC Reportedly in Talks on GBTC Conversion into an ETF
Reading Time: < 1 minuteGrayscale Investments is currently negotiating with the US Securities and Exchange Commission (SEC) on converting its GBTC trust into a spot Bitcoin ETF.
Ethereum’s Market Share Has Increased Amid Bitcoin’s Stagnation: CoinShares
Reading Time: < 1 minuteCoinShares analyst Luke Nolan has recently stated that over the past week, Ethereum has performed better than Bitcoin and has regained some market share.
MetaBID Unveils Unprecedented 1 x Bitcoin (BTC) Auction as User Engagement Skyrockets
Reading Time: 2 minutesSeoul, South Korea, November 6th, 2023, Chainwire MetaBID, the groundbreaking digital asset auction platform that went live on November 4, is thrilled to report unparalleled user engagement and activity just […]
Galaxy Digital Forecasts BTC Will Keep Growing After Surpassing $36K
Reading Time: < 1 minuteGalaxy Digital predicts that for Bitcoin to enter a new bullish cycle, it must surpass the resistance level of $36,000.
Michael Saylor: These Are Catalysts for Bitcoin’s Growth
Reading Time: < 1 minuteMicroStrategy founder Michael Saylor discussed during an interview with CNBC factors that he believes will cause the price of Bitcoin to increase tenfold in the medium term.
Bitcoin Surpassing $36,000 Will Cause a New Selloff: Expert
Reading Time: < 1 minuteMajor players in the Bitcoin options market are closely monitoring the price movement, especially in anticipation of a potential breakthrough of the $36,000 mark.
A Solo Miner Mines a BTC Block
Reading Time: < 1 minuteA solo miner with a hashrate of 11 PH/s mined block #814,308 on the Bitcoin blockchain on October 29.
UN Says There is a Correlation Between Bitcoin Price and Network Energy Consumption
Reading Time: < 1 minuteUN scientists concluded that the increase in their energy consumption to 173.42 TWh in 2020-2021 happened at the same time as Bitcoin reached its all-time high of $69,000.
JPMorgan Says SEC Will Face Lawsuits if Bitcoin ETFs are Rejected
Reading Time: < 1 minuteAccording to experts at JPMorgan, the US Securities and Exchange Commission (SEC) could potentially face multiple lawsuits if it rejects applications for spot exchange-traded funds based on the first cryptocurrency.
Mexican Billionaire: BTC is a Reliable Hedge Against Inflation
Reading Time: < 1 minuteAccording to a recent interview with Bitcoin Magazine, Mexican billionaire Ricardo Salinas Pliego, founder of the Grupo Salinas group of companies, discussed his views on BTC.
4,800 BTC from Closed Darknet Market Abraxas Enter into Motion
Reading Time: < 1 minuteIt was recently discovered that an unknown group of individuals has moved approximately 4,800 BTC, which is equivalent to around $144 million, from the darknet marketplace Abraxas.
Berkshire Vice President: Investing in Bitcoin is Pointless
Reading Time: < 1 minuteAs per Berkshire’s Vice President Charlie Munger, there is absolutely no reason to buy into the hype surrounding Bitcoin.
MicroStrategy’s Paper Profit on Bitcoin Surpasses $170M
Reading Time: < 1 minuteAs of October 23, as the price of Bitcoin surpassed $30,000, MicroStrategy, a software analytics provider, saw a positive return on their investment in digital gold.
Gary Gensler Refuses to Say When BTC ETFs Will Be Approved
Reading Time: < 1 minuteSecurities and Exchange Commission (SEC) Chairman Gary Gensler stated that the regulatory agency will not rush in approving applications for Bitcoin ETFs.
El Salvador Says BTC Has Contributed to Country’s Recovery
Reading Time: < 1 minuteAccording to El Salvador’s Vice President Felix Ulloa, the country’s decision to adopt the first cryptocurrency as legal tender in 2021 was crucial for its recovery from the crisis.
Sazmining Unveils Green Bitcoin Farm in Paraguay
Reading Time: < 1 minuteAmerican mining company Sazmining has set up a Bitcoin mining facility in Paraguay that is solely powered by renewable energy.
BlackRock CEO: Investors Are Increasingly Interested in Bitcoin
Reading Time: < 1 minuteFink reiterated that there is a significant demand for BTC among investors.
Bitcoin Could Fall to $17,000: Opinion
Reading Time: < 1 minuteAccording to DataDash CEO Nicholas Merten, Bitcoin could experience a sharp decline if the US economy enters a recession.
Bitcoin’s Market Share is Near a 2-year High
Reading Time: < 1 minuteAccording to TradingView data, the dominance index of BTC has reached 51.1%, a level approaching that of April 2021.
Charles Munger: Most Cryptos Will Collapse
Reading Time: < 1 minuteBerkshire Hathaway’s Vice President, Charles Munger, has recently joined a long list of elderly billionaires criticizing Bitcoin.
50% of Bitcoins Have Not Moved for More than 5 Years
Reading Time: < 1 minuteAccording to Glassnode, approximately 10.4 million Bitcoins have remained stagnant for over five years.
ETH and BTC Will Grow Following ETF Launch: Report
Reading Time: < 1 minuteResearch by K33 and Kaiko analysts have revealed that the Ethereum to Bitcoin ratio has reached new annual lows.
Ordinals Creator Introduces Alternative to BRC-20 Standard
Reading Time: < 1 minuteThe creator of Ordinals has stated that a new standard for fungible Runes tokens would not result in as much unwanted clutter on the Bitcoin network as BRC-20 did.
Coinbase’s BTC Holdings Amount to Almost $1M
Reading Time: < 1 minuteCoinbase is reported to hold approximately 5% of the current Bitcoin market supply.
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