Search
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
2.3.2024
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw...
Marathon Announces Anduro Layer Two Platform to Advance Bitcoin’s Capabilities
2.3.2024
Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains designed to expand Bitcoin’s standard...
Bitcoin Price Prediction as BTC Consolidates at $62,000, Making 99% of Addresses Profitable – What’s Next?
2.3.2024
Amid Bitcoin consolidating at $62,000, making 99% of addresses profitable, anticipation builds. PlanB's prediction of a 10-month explosive growth phase highlights a pivotal moment for Bitcoin's future trajectory.
The post Bitcoin Price Prediction as BTC Consolidates at $62,000, Making 99%...
Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
2.3.2024
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However,...
Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism
2.3.2024
This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start...
Bitcoin Price Prediction as BTC Takes a Tumble – When is the Next Attempt at New Highs?
1.3.2024
As Bitcoin teeters at $62,840, its resilience amidst market turbulence hints at a potential surge. Will it breach new highs beyond $63,925?
The post Bitcoin Price Prediction as BTC Takes a Tumble – When is the Next Attempt at New Highs? appeared first on Cryptonews
Top Crypto Gainers Today on DEXTools – ORANGEPEPE, STRUMP, NS
1.3.2024
As Bitcoin (BTC) consolidates just below recent highs in the $60,000s and other major coins like Ether (ETH) and Solana (SOL) take a breather from rallying, traders looking for quick profits are hunting for top crypto gainers today in the shitcoin market.
The post Top Crypto Gainers Today...
Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M
1.3.2024
Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that...
Ordinals Trader Recovers Bitcoin After Fat-Fingered NFT Purchase
1.3.2024
A cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 BTC (about $12,877) for a Bitcoin Ordinals NFT listed at 0.021 BTC (about...
Best Crypto to Buy Today March 1 – Axelar, SingularityNET, Pepe
1.3.2024
As Bitcoin (BTC) consolidates just below recent highs in the $60,000s and other major coins like Ether (ETH) and Solana (SOL) take a breather from rallying, traders are scouring altcoin markets on the hunt for the best crypto to buy today that could deliver quick gains.
The post Best Crypto to...
From Low to High — Bitcoin Fees Jump Over 129% in 4 Days
1.3.2024
After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207 mempool blocks is pending, waiting to process about...
Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC
1.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s...
Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism
1.3.2024
Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap touching $1.21 trillion, bitcoin’s dominance in...
Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%
1.3.2024
Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin,...
Ordinals Market Registers Record Sale: Bitcoin Budgie Changes Hands for Over $1.1 Million in BTC
1.3.2024
Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second inscription on the Bitcoin blockchain had been sold for 24.48 BTC (over $1.1...
Peter Schiff Predicts Bitcoin ETF Bubble — Expects BTC to Crash When Gold Breaks Out
1.3.2024
Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will “inevitably” break out, and the price of bitcoin will crash as investors withdraw from bitcoin ETFs....
Top Crypto Gainers Today on DEXTools – MEMEAI, FR33, GPUBot
1.3.2024
As blue-chip cryptocurrencies like Bitcoin (BTC) and Ether (ETH) consolidate close to recent highs as investors digest surging spot Bitcoin ETF demand, highly risk-tolerant traders, often referred to as “degens”, continue to pile into the on-chain shitcoin markets in the hunt for top crypto gainers...
Report: Election Concerns Halt South Korea’s Crypto and ETF Regulation Ease
1.3.2024
South Korea has delayed its efforts to relax its crypto regulations and the prohibition on spot bitcoin exchange-traded funds (ETFs). This development follows closely behind the People Power Party’s contemplation of removing certain regulations and the ETF ban before the commencement...
Best Crypto to Buy Today February 29 – Bitcoin, Bonk, Arweave
29.2.2024
With Bitcoin (BTC) and Ether (ETH) consolidating close to recent highs in the $64,000 and $3,500 region on Thursday, investors are looking for alternative coins that could deliver quick gains and be the best crypto to buy today.
The post Best Crypto to Buy Today February 29 – Bitcoin, Bonk, Arweave...
Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners
29.2.2024
Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...