Search
Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
15.5.2024
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency
Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates
15.5.2024
In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month.
The...
Bitcoiner who called pre-halving all-time high predicts $95K BTC price
15.5.2024
BTC price records will come thick and fast, BitQuant says — but no one can say when exactly Bitcoin will break to new all-time highs
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews
Bitcoin poised for takeoff as it exits post-halving “Danger Zone”
14.5.2024
At present, Bitcoin (BTC) is valued at $62,662.70, indicating a decrease of 1.05% in value compared to the previous week. Many crypto traders interpret this period of relative calm as an indication of a potential substantial decline that may lie ahead. However, a recent analysis by Rekt Capital,...
Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
14.5.2024
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan
Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst
14.5.2024
Bitcoin has emerged from the post-halving "danger zone" and entered an accumulation phase, as indicated by weakening selling pressure.
The post Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst appeared first on Cryptonews
New daily Runes etched on Bitcoin falls 99% from post-halving peak
14.5.2024
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners
Historical cycle data suggests Bitcoin has left the ‘danger zone’ — Analyst
14.5.2024
Following a 23% correction, Bitcoin may have just entered a post-halving reaccumulation zone, according to one analyst
Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event.
The...
Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows
13.5.2024
As analysts predicted, less efficient Bitcoin miners are powering off under tighter post-halving profit margins.
The post Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows appeared first on Cryptonews
Bitcoin repeats '2016 history perfectly' amid $350K price prediction — Traders
12.5.2024
Bitcoin's price chart is resembling that of just weeks after the 2016 halving and it could be "hovering around" a local bottom, according to crypto traders
Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving
11.5.2024
Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving, onchain costs have decreased significantly, with data indicating transfer fees ranging from $1.50 to $3.65...
Bitcoin halving 'danger zone' has 2 days left with BTC price retesting $60K
11.5.2024
Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms
Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC
10.5.2024
Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s
9.5.2024
The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600 exahash per second (EH/s) mark for the first time since late March. Bitcoin Network Sees Significant...
South Korean convenience store sells Bitcoin-themed 'meal boxes'
9.5.2024
A convenience store in South Korea is offering Bitcoin meal boxes in collaboration with the local exchange Bithumb where customers can win small amounts of Bitcoin with their purchase
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
8.5.2024
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites....
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'
8.5.2024
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews