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Daily Bitcoin Rune Etchings Plummet by 99% Since April Peak
14.5.2024
The number of new Runes etched on Bitcoin daily has experienced a drastic decline, falling below 250 for the past six days.
The post Daily Bitcoin Rune Etchings Plummet by 99% Since April Peak appeared first on Cryptonews
US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base
14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns.
The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...
Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software
14.5.2024
Senators Cynthia Lummis and Ron Wyden want the DOJ to reverse course on its new legal interpretation that threatens Bitcoin privacy tools.
The post Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software appeared first on Cryptonews
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
El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
13.5.2024
El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking its Bitcoin Treasury.
The post El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves appeared first on Cryptonews
Bitcoin (BTC) holds optimism despite a downtrend
13.5.2024
Bitcoin (BTC) is fairly away from its recent ATH of ~$74,000. However, optimism is more than obvious within the crypto ecosystem. This is based on two technical indicators, namely MVRV Z-Score and Fear & Greed Index. The former showcases the value of 1.87, while the latter rides a Greed...
Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden
13.5.2024
Metaplanet strategy “unequivocally prioritizes a Bitcoin-first, Bitcoin-only approach” with financial options such as long-dated yen liabilities.
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Bitcoin Price Prediction: Trades at $61,000 Amid Hawkish Fed Outlook; What’s Next?
13.5.2024
As Bitcoin hovers around $61,000, traders speculate on the impact of Fed's hawkish stance on the future trajectory of cryptocurrency prices.
The post Bitcoin Price Prediction: Trades at $61,000 Amid Hawkish Fed Outlook; What’s Next? appeared first on Cryptonews
Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next
12.5.2024
As Bitcoin defends the key $61,000 level, technical indicators suggest mixed signals, with immediate resistance and support levels closely watched by traders.
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Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next?
11.5.2024
As Federal Reserve Governor Michelle Bowman hints at no need for rate cuts, Bitcoin faces resistance near $60k—what will sway its next move?
The post Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next? appeared first on Cryptonews
Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals
10.5.2024
Wells Fargo has bought Bitcoin after once preventing customers from doing the same many years ago.
The post Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals appeared first on Cryptonews
Institutions Likely To Show Interest in Bitcoin DeFi Applications
10.5.2024
Bitcoin DeFi is advancing in 2024 and industry experts believe institutions will take part in BTC DeFi applications.
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Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows
10.5.2024
Bitcoin dips to $60,620 as U.S. economic data hints at possible Fed rate cuts, sparking a bullish sentiment in crypto markets.
The post Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows appeared first on Cryptonews
Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit
10.5.2024
Binance and KuCoin have received approval from India's anti-money laundering unit after the two exchanges were banned for operating illegally within the country.
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Bitcoin eyes $70k after breaking out of the consolidation
10.5.2024
Bitcoin has been recognized to have been in a consolidation phase for almost 50 days. It is closer to the historical record of 63 days. However, analysts are apprehensive about the potential next surge once BTC concludes its depressing phase. Its price movement has been mostly within the restricted...
Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments
10.5.2024
Kiyosaki discussed the importance of portfolio diversification including cryptocurrencies, stressing that the dollar decline is iminent.
The post Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments appeared first on Cryptonews
Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024
10.5.2024
Canaan introduces the A1566 model in Hong Kong, aims to provide a more cost-effective solution for miners by offering higher data processing capabilities with lower energy consumption.
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Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?
10.5.2024
With U.S. jobless claims soaring to their highest since August 2023, Bitcoin holds its bullish stance amid anticipations of an earlier Fed rate cut.
The post Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge? appeared first on Cryptonews
Bitcoin mining difficulty sees biggest drop since bear market lows
10.5.2024
Bitcoin saw a significant drop of 5.7% last Thursday, marking a major decrease in nearly a year and a half. Data from Bitbo revealed that this adjustment took place at block height 842,688, resulting in a decrease to 83.1 trillion. This shift stands out as the most significant reduction since...
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications.
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