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Bitcoin’s Dormant Giants: March Sees Unprecedented Movement of Vintage BTC
24.3.2024
In recent times, bitcoin has consistently remained above the $60,000 mark throughout the entire month of March. With its value soaring, many long-standing holders have started to transfer substantial quantities of dormant bitcoins from wallets that have not seen activity for years. March...
FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
23.3.2024
John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring Officer and CEO Debunks Bankman-Fried’s FTX Solvency...
Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower
23.3.2024
Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might...
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray
21.3.2024
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
Bitcoin's Halving May Be Here Sooner Than You Know (Again)
20.3.2024
Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 18. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network
Wu-Tang’s Ghostface Killah Set To Release Exclusive Music On Bitcoin
19.3.2024
Popular American rapper and member of the acclaimed hip-hop group Wu-Tang Clan, Dennis David, also known as Ghostface Killah, has revealed plans to release a collection of exclusive music as Bitcoin Ordinals. Ghostface announced this on X (formerly Twitter) on March 18.
The post Wu-Tang’s...
Bitcoin’s Slump Sees Crypto Bulls Staring at $440M in Liquidations
19.3.2024
Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact
Predicting Bitcoin’s Bull Run Values: Plan B’s S2F Model and Ledn CIO’s $92,000 Target
18.3.2024
As bitcoin hovers around the $67,000 mark on March 18, 2024, there’s still widespread speculation about the potential for its price to climb even higher. The analyst Plan B continues to shed light on his well-known stock-to-flow (S2F) model, which suggests that “exponential...
Robert Kiyosaki Highlights ‘Problem’ With Gold, Silver, and Oil — Praises Bitcoin’s Limited Supply
17.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has pointed out “the problem” with gold, silver, and oil, while confirming his ownership of gold, silver mines, and oil wells. Touting bitcoin’s limited supply, the famous author emphasized that no matter how high the price of bitcoin...
Unmasking ‘Mr. 100’: The Enigma Behind Bitcoin’s 14th-Largest Holder
16.3.2024
A Bitcoin whale known as "Mr. 100" has captured the attention of the crypto community in recent days.
The post Unmasking ‘Mr. 100’: The Enigma Behind Bitcoin’s 14th-Largest Holder appeared first on Cryptonews
El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates
15.3.2024
El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpassing expectations of what the country was believed to hold in the rallying...
Bitcoin’s Recent Dip is “Very Normal Bull Market Behavior,” Analyst Says
15.3.2024
Bitcoin fell below weekly lows on Friday, but market observers remained calm, attributing the dip to typical corrective moves within a broader uptrend.
The post Bitcoin’s Recent Dip is “Very Normal Bull Market Behavior,” Analyst Says appeared first on Cryptonews
Bitcoin's Correlation to Nvidia Strongest in Over a Year
15.3.2024
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80
El Salvador Has Thousands More Bitcoins Than Previously Known
15.3.2024
The Central American nation moved $400 million in BTC into a cold storage wallet this week
Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current Prices
14.3.2024
Bitcoin has witnessed new highs in its price lately, with the premier cryptocurrency experiencing an over 60% increase since the beginning of the year. Meanwhile, the crypto community is abuzz with debates on whether the impending halving event is already reflected in the price. There’s...
Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto
14.3.2024
UK Judge James Mellor has rejected Craig Wright's claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict.
The post Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto appeared first on Cryptonews
Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says
14.3.2024
"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk
Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge
11.3.2024
Bitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere...
Bitcoin’s Market Cap Jumps to $1.4T, Surpassing Silver
11.3.2024
Bitcoin rose to a record high on Monday, fuelled by continued positive momentum of spot bitcoin ETFs
Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024
11.3.2024
Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with the mining pool Foundry USA at the forefront...