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XRP vs. BTC: the battle for cross-border payment supremacy
5.4.2024
Cryptocurrencies have emerged as a disruptive force in finance, offering innovative solutions to traditional challenges. One of the most promising aspects of cryptocurrencies is their potential to revolutionize cross-border payments. Unlike traditional banking systems, cryptocurrencies facilitate...
Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO
4.4.2024
Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have made inquiries to purchase bitcoin directly from the firm. Additionally, the Hut 8 executive emphasized the forthcoming halving event’s “big impact,” noting...
Best Crypto to Buy Today April 4 – Ethena, Bitcoin SV, Bitcoin Cash
4.4.2024
With Bitcoin (BTC) eyeing a potential break back to the north of its 21DMA in the upper $67,000s as US stocks rise and the US dollar declines, investors looking for the best cryptocurrency to buy today are scouring the altcoin market for opportunities.
The post Best Crypto to Buy Today April 4...
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions...
10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
4.4.2024
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding Grayscale’s Bitcoin Trust GBTC, now encompasses 507,472.89...
Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip?
4.4.2024
Bitcoin's fall to $65,394 ignites debate on future movements, with the $66,631 pivot point poised to determine BTC's path in a volatile market.
The post Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip? appeared first on Cryptonews
Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets
3.4.2024
On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double...
BTC & ETH margined contracts already into the negatives – Popular trader
3.4.2024
There is a significant drop in the overall sentiment within the cryptosphere. BTC and ETH are leading the charge pretty much like they did at the time of the bull run. Bitcoin and Ethereum have dropped from their recent ATH, retracing to a level that the holders were expecting but hoping for....
Bitcoin Technical Analysis: Price Consolidates Following Bearish Downturn
3.4.2024
On Wednesday, bitcoin’s trade volume and overall value provided insights into its current technical situation. With a daily trading volume reaching $45.30 billion and a total market value of $1.29 trillion, the cryptocurrency’s liquidity and market breadth still stands strong....
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
3.4.2024
As Bitcoin edges towards the pivotal 'halving' event, current trading at $66,125 foreshadows a potential surge, sparking intense market speculation.
The post Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up? appeared first on Cryptonews
Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs
3.4.2024
On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed...
Bitcoin Back Down to $66K as Rising Treasury Yields Catch Investor Interest
3.4.2024
Prediction markets and CME's Fed Watch Tool have virtually ruled out a rate cut until later this year
Crypto Organizations Rally for Bitcoin Emoji, Seek 50,000 Signatures to Convince Unicode
2.4.2024
Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin emoji, uniting more than 170 million community members in the process. Campaign for Official Bitcoin Emoji Gains Momentum In a push for digital culture recognition, Nexo, alongside more than...
Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin to Coinbase – Where Next for BTC?
2.4.2024
The Bitcoin (BTC) price is eyeing a possible breakout to the south of the $65,000 level as the market readies itself for a potential $2.1 billion sale of confiscated Silk Road Bitcoin tokens by the US government.
The post Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin...
US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals
2.4.2024
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee...
Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now
2.4.2024
The campaign titled "Bitcoin Deserves an Emoji" aims to secure 50,000 global endorsements and has already garnered over 10,000 signatures within a week of its launch.
The post Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now appeared first on Cryptonews
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
2.4.2024
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25...
Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows
2.4.2024
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst...
April 2024 to be the antidote of BTC’s recent fall below $70k – Analysts suggest
2.4.2024
This year, Bitcoin has experienced something of a “rising from the ashes” experience. BTC was dancing around $20,000 before rising to $70,000. It has currently retraced to ~$66,000 and is testing the resistance at $68,000. Specifically speaking, Bitcoin is at $66,768.96 at the time...