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14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
18.5.2024
Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth $670 million. The Famous Bitcoin for Pizza Offer...
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...
Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week?
18.5.2024
As Bitcoin edges close to $67,000, analysts speculate if a new all-time high is on the horizon, backed by a robust $24.62 billion trading volume.
The post Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week? appeared first on Cryptonews
Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K
17.5.2024
Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024
Bitcoin preps 'golden cross' which last sparked 170% BTC price gains
17.5.2024
Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
17.5.2024
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead...
Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
17.5.2024
As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading volume of $28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility....
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
17.5.2024
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend
Bitcoin ETF volumes hit 7-week high as BTC price nears $67K
17.5.2024
Bitcoin ETFs see daily volumes of nearly $6 billion in a return to levels not seen since late March, with BTC price hitting new May highs
Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
17.5.2024
Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine...
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
16.5.2024
Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.”
Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst
16.5.2024
Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target
El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy
16.5.2024
El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this number of bitcoin was mined since 2021 using 1.5...
Bitcoin Price Pumps Higher as Morgan Stanley Reveals Significant Holdings in US Spot Bitcoin ETFs – Here’s the Latest
16.5.2024
The Bitcoin (BTC) price has been pumping higher this week in wake of US CPI data that pointed at moderating price pressures, and as major financial institutions including Morgan Stanley reveal significant holdings in US spot Bitcoin ETFs.
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Bitcoin shrugs off US jobs data as BTC price gives up $66K support
16.5.2024
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
16.5.2024
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
16.5.2024
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice...
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
16.5.2024
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery
Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF
16.5.2024
Salim Ramji, the new CEO of Vanguard and former head of Blackrock’s global ETF business, has affirmed the company’s position against launching a spot bitcoin exchange-traded fund (ETF), emphasizing the need for consistency with Vanguard’s investment philosophy that views crypto as...
Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?
15.5.2024
The Bitcoin (BTC) price surged more than 5% back to the $65,000 level on Wednesday in wake of US CPI inflation data that showed moderating price pressures in April, supporting bets that the Fed will be able to ease interest rates a few times before the end of 2024.
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