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Bitcoin Miners Near Final Month Before Reward Halving Slashes Revenues
17.3.2024
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and...
Unveiling ‘Mr. 100’ — The Mystery Bitcoin Wallet Linked to Upbit’s Cold Storage
17.3.2024
In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle...
Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings
16.3.2024
Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March 16, 2024, the top ten ASIC miners focused on the SHA256...
Big Bitcoin Price Swings Wipeout Traders as ETF Buyers Battle Profit-taking Sellers – Where is BTC Headed Next?
15.3.2024
The Bitcoin (BTC) price saw big swings on Friday, with droves of traders on both the bullish and bearish side getting their positions wiped out as US spot Bitcoin ETF buyers continue to battle against profit-taking sellers.
The post Big Bitcoin Price Swings Wipeout Traders as ETF Buyers Battle...
Unraveling the Mystery: Qatar’s Role in the $3.3 Billion Bitcoin Investment Rumors
15.3.2024
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series...
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
15.3.2024
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact...
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
15.3.2024
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis...
Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore
15.3.2024
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said....
The streaming phenomenon DeeStream (DST) presale ignites Bitcoin (BTC) & XRP holders as profits soar across the board
15.3.2024
DeeStream has thus far been an exciting and noteworthy emergence for cryptocurrency investors who mostly hold Bitcoin (BTC) and XRP. DeeStream (DST) is grabbing early attention among the new kids on the block due to its promise to be a revolutionary, transparent, and fair platform built on...
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...
Bitcoin (BTC) Dips Briefly Below $69,000 Before Dip-Buying Bulls Bouy Price Back to $70,500
14.3.2024
The Bitcoin (BTC) price dipped as low as $68,500 on Thursday amid profit-taking, before dip-buying bulls buoyed the price back to $70,500.
The post Bitcoin (BTC) Dips Briefly Below $69,000 Before Dip-Buying Bulls Bouy Price Back to $70,500 appeared first on Cryptonews
Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption
14.3.2024
Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research...
Bitcoin Brushes $73,794 Peak Before Midday Price Fluctuations
14.3.2024
The price of bitcoin had a tumultuous day on Thursday dropping below the $70,000 threshold at 12:30 p.m. Eastern Time only to return back above the $70,000 range shortly after. Bitcoin had tapped an all-time price high during the early morning trading sessions on Thursday by briefly tapping...
Best Crypto to Buy Today March 14 – DogWifHat, Bonk, Pepe
14.3.2024
With crypto markets mixed on Thursday, as the likes of Bitcoin (BTC) and Ether (ETH) succumb to profit-taking in wake of hotter-than-expected US PPI inflation figures, but other major altcoins like Solana (SOL) and Dogecoin (DOGE) push higher, investors are assessing the market as they ponder...
Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
14.3.2024
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion, with the forthcoming adjustment anticipated around March 27, 2024. Bitcoin...
XRP Price Prediction as Bulls Push XRP Above $0.65 Resistance – $1 XRP Incoming?
14.3.2024
XRP is trading above its key $0.65 resistance level after rising 10.5% in the last seven days. The token for crypto payment company Ripple’s blockchain currently changes hands at $0.68, but is it likely to rise to a dollar this year? XRP is certainly following broader market trends. Leading...
UK Court Rules Craig Wright Is Not Satoshi Nakamoto, Ending Weeks-Long COPA Case
14.3.2024
On March 14, Judge James Mellor of the U.K. reached a conclusion in the high-profile case brought by the Crypto Open Patent Alliance (COPA) against Craig Wright, finding him not to be the individual behind the pseudonym Satoshi Nakamoto. This decision came after several weeks of proceedings...
Early position scramble: DeeStream (DST) sets markets on fire whilst BNB surge & Bitcoin (BTC) ATH
14.3.2024
Investing in early-stage projects, particularly through presales, introduces investors to a level of market volatility beyond that of established cryptocurrencies. This volatility can lead to significant fluctuations in token value shortly after market entry. Effective navigation requires a strong...
Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings
14.3.2024
On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various...
Analyst: Spot Bitcoin ETFs Anticipated to Attract $220 Billion in Three Years
14.3.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) could witness an influx of $220 billion over the next three years.
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