Category: Bitcoin
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Are The Big Bitcoin Miners Preparing to Empty Their Bags?
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A Bitcoin sell-off may be looming as miners face increasing pressure due to a sharp decline in revenues following the April 20 halving that reduced block rewards from 6.25 BTC to 3.125 BTC. On May 13, cryptocurrency research firm Caico revealed that the recent halving reduced daily production from 900…
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Here Are The Bitcoin Layer 2s To Watch Out For, According To Grayscale
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Crypto asset management giant Grayscale says there is a “renaissance” in Bitcoin development, with several new layers (L2s) worth keeping an eye on. In a new report to investors, Grayscale analyst Michael Chow discussed how these technologies could bring new use cases to Bitcoin and foster more market demand for…
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President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base
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United States President Joe Biden has issued an order prohibiting the acquisition of certain properties by MineOne Cloud Computing Investment I LP, due to national security concerns. The order, based on findings outlined by the President, is intended to protect critical assets near Francis E. Warren Air Force Base (Warren…
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Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says
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One quantitative analyst has explained what a potential leading Bitcoin indicator could say about what’s next for the cryptocurrency’s price. Bitcoin Coinbase Premium may hold the answer to BTC’s next trend In CryptoQuant Quicktake mail, one analyst spoke about the trend currently occurring in Bitcoin Coinbase Premium. “We can use…
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Bracebridge Capital Becomes Largest Bitcoin ETF Holder, Investing $380 Million In All-In Bet
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Last week, the US spot Bitcoin ETF market saw a notable shift in investor sentiment. Positive inflows were reported, breaking a series of outflows that had lasted for about a month. The week concluded with significant positive inflows of $116 million, demonstrating the growing interest in newly adopted index funds.…
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How to Delicately Handle BRC-20s and Ordinals without Hurting Bitcoin
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For months, Bitcoin users have been hotly discussing the rankings phenomenon and the large amount of trading activity and congestion it has brought to the chain. It is a very delicate conflict where it is difficult to find the correct “ideological” response. I won’t try to give a specific answer…
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How to Delicately Handle BRC-20s and Ordinals without Hurting Bitcoin
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For months, Bitcoin users have been hotly discussing the rankings phenomenon and the large amount of trading activity and congestion it has brought to the chain. It is a very delicate conflict where it is difficult to find the correct “ideological” response. I won’t try to give a specific answer…
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El Salvador Launches Website to Track $360M Bitcoin Treasury
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El Salvador made history in 2021 when it became the first country to adopt Bitcoin as legal tender under the leadership of President Nayib Bukele. This pioneering decision has enabled significant financial improvements throughout the small Central American nation. El Salvador yesterday Launched Its website tracks its holdings from the…
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El Salvador Launches Website to Track $360M Bitcoin Treasury
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El Salvador made history in 2021 when it became the first country to adopt Bitcoin as legal tender under the leadership of President Nayib Bukele. This pioneering decision has enabled significant financial improvements throughout the small Central American nation. El Salvador yesterday Launched Its website tracks its holdings from the…
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Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. With a potential partnership with Cardano on the horizon, Bitcoin Cash may bolster its network, while the emerging Rollblock token aims to enrich online gambling. The founder of the…
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Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. With a potential partnership with Cardano on the horizon, Bitcoin Cash may bolster its network, while the emerging Rollblock token aims to enrich online gambling. The founder of the…
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Trump Campaign Develops Bitcoin Agenda With Industry Expert
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Bitcoin Magazine CEO David Bailey has publicly announced his collaboration with Donald Trump’s campaign to craft a crypto-friendly agenda, which could shape future US policy on digital assets. Using social media platform X, Bailey detailed his direct involvement in crafting a strategic vision for Bitcoin and other cryptocurrencies under a…
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Trump Campaign Develops Bitcoin Agenda With Industry Expert
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Bitcoin Magazine CEO David Bailey has publicly announced his collaboration with Donald Trump’s campaign to craft a crypto-friendly agenda, which could shape future US policy on digital assets. Using social media platform X, Bailey detailed his direct involvement in crafting a strategic vision for Bitcoin and other cryptocurrencies under a…
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Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K
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Bitcoin price started a new decline from the $62,000 resistance area. BTC is falling and remains at risk of further losses below the $60,000 level. Bitcoin started a new decline after failing near $62,000. The price is trading below the $61,000 level and the 100 hourly simple moving average. There…
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Bitcoin on-chain activity declines, price movement sluggish
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Activity on the Bitcoin (BTC) network is approaching historic lows, with traders significantly slowing down transactions in the two months since Bitcoin reached a new all-time high price. Insights from data analytics company Santiment reveal On-chain activity on the Bitcoin network has slowed over the past few months, painting an…
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Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
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Bitcoin has It was slid down Since it reached an all-time high last March. This has largely led to dip-buying sentiment among cryptocurrency traders, with many believing that the correction will end once it is over and Bitcoin will rise back to its all-time highs. Related reading According to cryptocurrency…
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Bitcoin wallets, dormant for 11 years, transfer $60 million
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Long-dormant Bitcoin wallets, inactive for nearly 11 years, suddenly moved 1,000 bitcoins (BTC) within a 20-minute window, on-chain analysts reported Sunday. Lookonchain, an analytical tool that provides insight into blockchain activity, noted that two wallets — “16vRqA” and “1DUJuH” — initially received 500 BTC each in September 2013. At the…
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Mysterious 2010 Bitcoin Whale Launches Bitcoin-Only Market-Making Certificate
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The following is an excerpt from the latest issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain Bitcoin market analysis directly to your inbox, subscribe now. introduction: Bitcoin Volatility Premium AMC, an innovative investment product, has become…
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Bitcoin On-Chain Activity Nearing Historic Lows
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Bitcoin price has continued to move within a consolidation range since hitting a new all-time high in mid-March. This slow price movement has been a concern for most investors, especially when the leading cryptocurrency recently lost support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that…
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Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)
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The cryptocurrency market has calmed down significantly over the past 24 hours, halting the downward attack and finding some consolidation in the process. Bitcoin is trading at around $61,000 on Sunday morning, while Ethereum is now firmly below the $3,000 pivot level. Are the Bitcoin bulls regrouping? like CryptoPotato As…