Category: Bitcoin
-
Bitcoin Relative Open Interest Lowest Since Feb, Analyst Says “Hard To Be Bearish”
•
Data shows that Bitcoin’s open interest as a percentage of its market capitalization has been at record lows recently, a sign that the derivatives side has been healthy. Bitcoin’s open interest is now less than 2% of market cap As analyst James Van Straaten explained in New mail On X,…
-
Bitcoin Network’s Historic Milestone: Surpassing 1 Billion Transactions
•
The cryptocurrency scene celebrated a major milestone as the Bitcoin network processed its billionth transaction, a moment confirmed by esteemed Bitcoin dashboard, Clark Moody. This landmark event highlights the growing maturity of the network and the widespread adoption of cryptocurrencies as the world’s leading digital assets. Spanning more than 15…
-
Bitcoin Network Tops 1 Billion In Total Transactions Processed
•
The Bitcoin network has reached a major milestone, processing its billionth transaction yesterday. This milestone comes 15 years and 4 months after the Bitcoin genesis block was mined on January 3, 2009. just in: #Bitcoin It has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW – Bitcoin Magazine (@BitcoinMagazine) May 5,…
-
Dogecoin (DOGE) Bull Run, Bitcoin (BTC) Price Recovery, and More: Bits Recap May 6
•
Turkish lire; Dr Bitcoin has rebounded from recent lows to over $64,000, indicating resilience and potential upward momentum. DOGE is seeing a notable weekly rise of 12%, driven in part by Tesla’s acceptance, showing continued investor interest. XRP maintains bullish momentum, reaching around $0.53 amid ongoing legal action with the…
-
Hong Kong’s Bitcoin ETFs May Open To Mainland Chinese
•
Richard Byworth, managing partner at SyzCapital, has sparked rumors suggesting that Hong Kong-listed Bitcoin ETFs may soon be available to investors from mainland China. Byworth’s remarks to X, formerly known as Twitter, highlight ongoing discussions about the possibility of integrating these ETFs into the Stock Connect system. This integration could…
-
$1 Million Bitcoin Alpha Competition for Bitcoin 2024
•
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. We’re looking for the next best Bitcoin fund manager! Bitcoin Pro…
-
Bitcoin Price Rejects Key Resistance, Time For Another Drop In BTC?
•
Bitcoin price started to rise steadily above the $62,500 resistance level. BTC is once again struggling to clear the $64,500 and $65,000 resistance levels. Bitcoin is showing positive signs and is facing hurdles near $64,500. The price is trading above $62,500 and the 100 hourly simple moving average. There is…
-
Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering
•
Blockchain analytics firm Elliptic said its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored by researchers from the MIT-IBM Watson AI Lab. Elliptic has revealed the successful identification of illicit proceeds deposited on a cryptocurrency…
-
Bitcoin Bull Michael Saylor Wants SEC To Corral Crypto Herd: ETH, ADA, SOL In The Crosshairs
•
Michael Saylor, the technology entrepreneur who led MicroStrategy to the Bitcoin giant, is back in the headlines. This time, he is not defending the orange coin, but rather turning his focus to its altcoin competitors. At the recent Bitcoin For Corporations conference, Saylor unleashed a wave of speculation, painting a…
-
Bitcoin and Biodiversity in the Cannabis Industry
•
The world has witnessed unprecedented power grabs and disruption of supply chains over the past two years. The near-perfect fit between big government, big banks and corporations should be a serious cause for concern throughout the agricultural sector. These movements represent nothing less than the most serious threats to our…
-
Bitcoin Price Could Fall to $50,000: Standard Chartered
•
Global major bank Standard Chartered believes that the price of Bitcoin could see a further decline to around $50,000, according to recent comments. said Jeffrey Kendrick, Head of Foreign Exchange and Digital Assets Research at Standard Chartered Bank Bloc: “BTC’s proper break below $60,000 has now reopened the way to…
-
Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time
•
In a somewhat shocking development, Bitcoin Gray Box (GBTC) She recorded her first ever stream after watching Large daily flows Since its launch. Grayscale Bitcoin ETF records inflows of more than $60 million Grayscale’s Spot Bitcoin ETF finally broke its 82-day streak of outflows since its launch on January 11,…
-
Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki
•
HosekiA leader in Bitcoin and blockchain verification solutions has unveiled Hoseki Verified, a new verification product aimed at enhancing transparency and trust in the cryptocurrency industry, with a focus on verifying the assets of Bitcoin exchange-traded funds (ETFs), according to the press. The release was submitted to Bitcoin Magazine. This…
-
Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why
•
Bitcoin is now at a critical crossroads, with many determining the course of its price for the rest of the year. Encryption has I was able to come back To the $60,000 area After getting off to $56,000 for the first time since April. Some analysts They are of the…
-
Bitcoin falls to 50% of 2024 range this week and bounces. Price back above 100 day MA
•
The price of Bitcoin fell earlier this week and in the process fell below the 100-day moving average (the blue line in the chart below is currently near $60,000), and towards the mid-50% of the 2024 trading range. At $56,150. This week’s low hit $56,500 (close enough). The subsequent move…
-
BTC-e founder pleads guilty to laundering stolen Bitcoin
•
Alexander Vinnik, co-founder of the now-defunct cryptocurrency exchange BTC-e, has admitted to conspiracy to launder money, marking a significant development in a long-running legal saga. Vinik’s guilty plea comes in the wake of a broader investigation that revealed widespread illegal activities at the stock exchange from 2011 to 2017. BTC-e:…
-
Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings
•
BNP Paribas, the second-largest European bank, recently bought exposure to Bitcoin through an exchange-traded fund. 13F filings with the Securities and Exchange Commission . BNP Paribas bought BlackRock’s iShares Bitcoin Trust ETF (IBIT), filings show. JUST IN: ?? The second largest European bank, BNP Paribas, announces exposure to… #Bitcoin ETF…
-
BlackRock: Sovereign Wealth, Pension Funds Considering Bitcoin ETFs
•
Asset management giant BlackRock says it is seeing increased interest in Bitcoin exchange-traded funds from institutional players such as sovereign wealth funds and pension funds. This follows the highly successful debut of BlackRock’s Bitcoin ETF, iShares IBIT, which was approved by the SEC earlier this year. BREAKING: BlackRock says “sovereign…
-
Bitcoin Is The Native Currency Of AI: Predicts Former PayPal President
•
In recent years, Bitcoin has emerged as a transformative force in the finance and technology sectors. Its decentralized nature and potential for disruption have captured the attention of industry leaders, investors, and enthusiasts alike, including David Marcus, former head of PayPal. Marcus believes that Bitcoin can develop into the native…
-
6 Reasons To Own Bitcoin In Retirement
•
Originally published on Unrestricted.com. Unbound It is the official US collaborative incubation partner of Bitcoin Magazine and the primary sponsor of related content published through Bitcoin Magazine. For more information about the services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. For newcomers,…