Search
Over 27,700 BTC ($1.72 Billion) Moves into Accumulation Addresses Amidst Bitcoin’s Dip Below $63,000
18.4.2024
As Bitcoin experienced a dip below $63,000, a recent report reveals a surge in BTC accumulation, with over 27,700 BTC ($1.72B) moving into accumulation addresses. Technical analyst Ali Martinez highlighted this trend, suggesting a strategic pivot towards long-term holding amidst market volatility...
Crypto for Advisors: Bitcoin’s Supply Reduction
18.4.2024
What does Bitcoin’s fourth halving mean, and why does it matter?
A Look at How Bitcoin’s Halving Might Trigger ‘Sell the News’ or ‘Sell the Rumor’ Reactions
18.4.2024
With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent...
Bitcoin’s Bullish Trajectory Should Resume After the Halving, Analysts Say
18.4.2024
Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every...
Why Bitcoin's 'Monetary Maximalists' Oppose 'JPEG Enjoyers' (and Why They're Wrong)
17.4.2024
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
17.4.2024
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said
After Bitcoin’s halving, will Altcoins be able to weather the storm?
16.4.2024
A standard Bitcoin halving has the same effect on altcoins as it does on Bitcoin’s supply and demand. Fans and investors in cryptocurrencies are interested in the response of altcoins to Bitcoin. In the face of the Bitcoin halving, alternative cryptocurrencies encounter a multitude...
Franklin Templeton unveils Runes as key to Bitcoin’s DeFi evolution
16.4.2024
Franklin Templeton, a renowned investment firm, has released a comprehensive analysis outlining how the integration of Runes could catalyze the growth of decentralized finance (DeFi) on the Bitcoin network. The analysis begins by examining the current state of decentralized finance on the Bitcoin...
Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
16.4.2024
The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via transparent, onchain trading techniques developed...
Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish
16.4.2024
Markus Thielen, founder of 10x Research, has de-risked his portfolio in the wake of rising Treasury yields
Are market conditions favoring Bitcoin’s reemergence in 2024?
16.4.2024
The crypto market enjoyed a speedy recovery in 2023 after a tumultuous bear market in 2022 that left many crypto companies insolvent. The recent rally in cryptocurrency prices aligns with the economic cycle, centering around the Bitcoin halving event that is coming around in April 2024. Bitcoin...
Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions
14.4.2024
On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing...
Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement
14.4.2024
A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K....
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
12.4.2024
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance...
While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange
12.4.2024
This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange...
Bitcoin’s environmental footprint: Navigating sustainability challenges?
12.4.2024
As a prominent cryptocurrency, Bitcoin has greatly benefited the crypto world. Its decentralized nature provides an alternative financial infrastructure facilitating cross-border payments, SCM, and smart contracts. The other significant impacts Bitcoin has made in the financial realm are...
FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack
12.4.2024
Mike Schmidt complied with an FBI subpoena to provide information on attendees at a developer event, as part of the investigation into the theft of Luke Dashjr's Bitcoins.
The post FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack appeared first on Cryptonews
Crypto pump: Win big with BlockDAG’s $2M MEGA GIVEAWAY as Bitcoin drops & APT forecast wavers!
11.4.2024
With Bitcoin experiencing a downturn below $71k and Aptos (APT) grappling with its future price predictions, the crypto market is ripe for a new leader. BlockDAG is exceeding expectations, with its presale reaching nearly $16 Million, demonstrating unparalleled investor confidence. The buzz...
Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says
11.4.2024
Bitcoin's Relative Strength Index is now above 79, a place it hasn't been since the bull market of late 2021
Ordinals Defy Bitcoin's Design Principles but Offer Miners Huge Post-Halving Advantages
10.4.2024
Ordinal inscriptions and BRC-20 tokens are controversial for using up valuable space on the Bitcoin network. But, with rewards set to be cut in half, they offer a lifeline for miners as they adapt to new blockchain economics