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Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
18.5.2024
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes...
Rafael Cordón: Safeguarding Elections With Bitcoin
15.5.2024
Software engineer Rafael Cordón’s Simple Proof system helped prevent fraud in Guatemala’s most recent presidential election. Can this technology be used to insure against election interference in other jurisdictions?
Halving Impact and Macro Shifts Create Tailwinds for Bitcoin
15.5.2024
Despite the drop in bitcoin’s price since April’s halving, there are still plenty of reasons to be bullish about BTC and crypto, says Paul Marino, Chief Revenue Officer at GraniteShares
Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
15.5.2024
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency
Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates
15.5.2024
In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month.
The...
Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
14.5.2024
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan
Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst
14.5.2024
Bitcoin has emerged from the post-halving "danger zone" and entered an accumulation phase, as indicated by weakening selling pressure.
The post Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst appeared first on Cryptonews
Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows
13.5.2024
As analysts predicted, less efficient Bitcoin miners are powering off under tighter post-halving profit margins.
The post Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows appeared first on Cryptonews
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
8.5.2024
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites....
Here’s How Bitcoin Miners Performed Last Month After The Halving
7.5.2024
Bitcoin miners are down but not out after the halving, netting significant revenue from transaction fees last month.
The post Here’s How Bitcoin Miners Performed Last Month After The Halving appeared first on Cryptonews
Bitcoin distribution 'danger zone' over, analysts say
6.5.2024
Bitcoin’s post-halving "danger zone" is over as Bitcoin establishes a firm footing above the $60,000 re-accumulation range, new analysis suggests
Summer will offer 'perfect opportunity' for investing in crypto — Arthur Hayes
6.5.2024
The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
6.5.2024
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement
Stacks active accounts reach record high amid growing interest in Bitcoin DeFi
2.5.2024
The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
2.5.2024
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
2.5.2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
‘No signs’ of Bitcoin miner capitulation despite plummeting revenue
1.5.2024
CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation
Bitcoin Breaks Through 1.6M Confirmed Transactions in a Single Day
30.4.2024
The recent launch of Bitcoin Runes has fueled a surge in Bitcoin payments, with 1.6 million transactions recorded in a single day. Data reveals a direct correlation between Runes and this spike in activity, highlighting its impact on the Bitcoin network.
The post Bitcoin Breaks Through 1.6M...