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Bitcoin ETF in Q1 and Bitcoin Price All-Time High in Q4: VanEck Predictions 2024
8.12.2023
Source: DALL·E VanEck, a prominent investment management firm, has released a set of 15 cryptocurrency predictions for the year 2024, casting a spotlight on potential significant developments in the digital asset space. The firm’s report offers a detailed outlook, highlighting key predictions...
Bitcoin Price Prediction: BTC Dips to $43.5K , Babylon Chain Raises $18M, Kiyosaki Warns of Crash
8.12.2023
On Friday, the leading cryptocurrency Bitcoin, recently witnessed a minor retreat, touching the $43,500 mark, down by over 1% on Friday. The dip comes amidst a backdrop of significant developments, including the closure of an $18 million fundraising round by Babylon Chain aimed at bolstering...
Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks
7.12.2023
Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...
Bitcoin Price Prediction as BTC Surges to 18-Month High – Is $48,000 the Next Stop?
7.12.2023
Bitcoin (BTC), the world’s foremost cryptocurrency, has experienced a significant surge, breaching the $44,000 threshold while maintaining a strong position above $43,000. This impressive rally is largely driven by substantial buying from both individual and institutional investors, which...
Bitcoin: Still a lucrative investment for long-term holders
7.12.2023
Bitcoin is closer to $45k at the time of articulating this piece. This is up from ~$16k this year. While the rise looks fascinating, there is a reason why one would want to be careful before buying Bitcoin. For starters, it is about the intention of getting on board. Any crypto enthusiast who...
Bitcoin Boost: GTA VI Trailer Leak Features ‘Buy BTC’ Message
7.12.2023
Source: WallStreetBTCX / Twitter Before Rockstar Games had time to release the official version, an anonymous leaker revealed the Grand Theft Auto 6 trailer – donning a buy-BTC ad. There has been a lot of debate over whether the much-anticipated game would feature an in-game cryptoasset. Many...
Ordinals and BRC-20 tokens risk the Bitcoin network
7.12.2023
Bitcoin Network has reported congestion problems, and Bitcoin Core developer Luke Dashjr has said that inscriptions could be leaving traces of vulnerability. Thereby effectively spamming the Blockchain. This has not affected the trading values of BTC, with the token exchanging hands at $43,987.15...
US Presidential Hopeful Vivek Ramaswamy Criticizes SEC Over Crypto Regulatory Failures
7.12.2023
Source: Adobe US Republican presidential candidate Vivek Ramaswamy has slammed the Securities and Exchange Commission (SEC) criticizing the current crypto regulatory framework. During the fourth Republican presidential debate at the University of Tuscaloosa on Wednesday, Ramasamy expressed...
Is Bitcoin ETF a real thing or just another rumor?
7.12.2023
Bitcoin ETF holds a significant importance in the crypto market. This is evident from the fact that Bitcoin is inching closer to its next resistance mark of $45k under the speculation that the US Securities & Exchange Commission will approve all the applications maximum by January 10, 2024....
Bitcoin Price Prediction: $44,000 Hike, ETF Buzz, and Blackrock Update
7.12.2023
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to capture the attention of investors and market analysts alike. Currently trading at $44,002, marking a modest increase of 0.15% on Thursday, Bitcoin stands at the forefront of significant developments in the digital currency...
Jack Dorsey-Backed Bitcoin Mining Pool Refuses To Process Ordinals Transactions – What’s Going On?
7.12.2023
Jack Dorsey. Source: a video screenshot OCEAN – a newly launched Bitcoin (BTC) mining pool backed by Jack Dorsey – has updated its mining software to exclude Bitcoin ordinals transactions from the blocks that it generates. Ordinals is a protocol for issuing NFTs and alternative tokens on...
Bitcoin Price Prediction as Billionaire Michael Saylor’s BTC Holdings Surpass $2 Billion in Profit – Time to Buy?
7.12.2023
In the constantly evolving landscape of cryptocurrencies, Bitcoin has recently hit a notable milestone, surging past $44,000 and marking a staggering 160% increase this year. This surge is primarily fueled by two pivotal factors: the growing optimism over the anticipated US approval of a Bitcoin...
Lugano Switzerland Now Accepts Bitcoin, USDT for Tax Payments
7.12.2023
Source: Pixabay / Michael Wuensch The city of Lugano, Switzerland announced on Wednesday that it is ready to start accepting tax payments in cryptocurrency – including Tether (USDT) and Bitcoin (BTC). That includes payments for any invoice issued by Lugano, such as municipal services and all other...
Bitcoin Core v26.0 Released, v27 Could Terminate Bitcoin Ordinals
6.12.2023
Bitcoin Core v26.0 offers faster syncing and better networking, but planned changes in v27 could stop the creation of new Bitcoin Ordinals. Image by Creative Clicks, Adobe Stock. The latest major release of the Bitcoin Core software, version 26.0, is now available. The upgrade includes changes that...
Bitcoin’s Recent Rally Underscores the “Low Correlation” of Crypto with Traditional Assets: Expert
6.12.2023
Source: Adobe Bitcoin (BTC) has displayed resilience by surging to a more than 19-month high, even as global markets experienced a downturn. The cryptocurrency climbed 5.8% to reach $42,000 on Monday and maintained its position just below that level in morning Asian trading on Tuesday. ...
Bitcoin prices are rising in Q4 of 2023
6.12.2023
Bitcoin was near $16k in January 2023, which was the beginning of the year. It has now surged to more than $42k in valuation, and the community believes that it is largely a seasonal trend in the making. This is based on an assumption that the trading value of Bitcoin always rises in the concluding...
Developer Says Ordinals Are Exploiting a “Vulnerability” to Spam Bitcoin Network, Proposes Bug Fix
6.12.2023
Image Source: Pixabay Bitcoin Core developer Luke Dashjr has proposed a bug fix to potentially alleviate the network congestion caused by new Ordinals and BRC-20 tokens. In a recent post on X (formerly Twitter), Dashjr claimed that these tokens are taking advantage of a vulnerability within...
Bitcoin Ordinals Token Tap $1 Billion Market Cap as BTC Moves Past $43,500
6.12.2023
Source: Pixabay / Michael Wuensch Bitcoin (BTC) has recorded a massive uptick in the past week surging above 14% as the wider market rebounds igniting bullish sentiments hinged on several factors. The refueled rally of the market leader comes on the heels of increased network activity pushed by...
Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut
6.12.2023
Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...
Bitcoin Futures Open Interest on CME Hit $5 Billion
6.12.2023
Source: Adobe Stock Bitcoin futures open interest on the Chicago Mercantile Exchange (CME) – has seen a spike rising from $2.20 billion on September 30th to $5.09 billion today, according to data from Glassnode. The rise in open interest is due to bitcoin’s ongoing uptrend to $44,400 on Tuesday...