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Nalezeno "BItcoin": 62237

Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations

2.7.2024
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to...

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024

2.7.2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures...

Bitcoin traders say BTC’s trend change decision rests at $65K

2.7.2024
Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout

Aave DAO Launches GHO Stablecoin on Arbitrum Network

2.7.2024
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...

How long will Bitcoin's price consolidation last?

2.7.2024
Some crypto analysts expect Bitcoin’s price consolidation to end based on technical chart patterns and falling exchange reserves

Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning

2.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia after the central bank unbanned it from its financial system and how the citizens might...

Investors Added Money to Bitcoin ETFs Even as Bitcoin Slipped 7% in June

2.7.2024
Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%

Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment

2.7.2024
Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago, Bitcoin.com News reported that the German...

How ETFs are reshaping the crypto markets

2.7.2024
In Cointelegraph’s latest video, experts discuss the impact of the spot Bitcoin ETF approvals on the crypto markets and the potential for a spot Ethereum ETF

Over 50% of U.S. hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024

2.7.2024
Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.70 billion total assets under management to Bitcoin

Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services

2.7.2024
Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins compliant with MAS’s forthcoming regulatory...

Meme Coin Price Analysis for July: Pepe, Brett, PlayDoge

2.7.2024
The crypto market is heating up in July – and meme coins are leading the way. Let’s examine the prospects of Pepe, Brett, and PlayDoge, three joke tokens that might be set for big things this month. July Could Be Make or Break Month for PEPE First up is Pepe (PEPE). The token has been […]

BTC clings to $62K as US labor data fuels market watch

2.7.2024
With the United States economy still struggling with unemployment and a decrease in manufacturing, Bitcoin (BTC) is capturing the interest of investors who want to speculate on the Federal Reserve’s future decisions and their impact on virtual currencies. On July 1, BTC rose by a mere 0.24%...

LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released

2.7.2024
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that...

Bitcoin circles $63K as liquidity sparks hopes of 40% BTC price gains

2.7.2024
Bitcoin stands to potentially gain big from a global liquidity trends, analysis concludes, as the June BTC price downtrend ends

Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M

2.7.2024
Lombard is partnering with staking startup Babylon to let users earn interest for "restaking" with Bitcoin – using the asset to secure other crypto networks

Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June

2.7.2024
Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions. 4,681 BTC Moved From Long-Inactive Wallets While...