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Bitcoin Futures Open Interest Reaches Highest Level in Over 2 Years, Tops $21 Billion
14.2.2024
The notional open interest, which represents the dollar value locked in active Bitcoin (BTC) futures contracts, has surged to its highest level in more than two years. According to data by CoinGlass, the open interest in both perpetuals and standard futures has surpassed $21 billion, a level last...
New Crypto Mining Sensation BlockDAG Coin Expected to Surge 100x to $0.05, Beats Bitcoin and Litecoin Returns
14.2.2024
Crypto mining has quickly gone from an obscure industry to an industry so big that Bitcoin (BTC) mining alone consumes over 0.6% of the United States’s electricity, not to mention other minable coins such as Litecoin (LTC). Similarly to investing in energy stocks, mining crypto pits the allure...
Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report
14.2.2024
A few years ago, bitcoin {{BTC}} became a popular means to conduct illegal transactions to support a booming global business in the smuggling and exploitation of people, according to an analysis released Tuesday by the U.S. Department of the Treasury
Rich Dad Poor Dad Author Robert Kiyosaki Celebrates Financial Planners’ Pivot To Bitcoin
13.2.2024
Financial planners are finally beginning to acknowledge Bitcoin (BTC) – and Rich Dad Poor Dad author Robert Kiyosaki is happy to see it. The man behind the famous finance book has often advised followers to invest in “hard assets” like gold, silver, real estate, and BTC. According to him, advisors...
Top Crypto Gainers Today on DEXTools – ASTX, JOE, ASEA
13.2.2024
Top Crypto Gainers Today on DEXTools With major cryptocurrencies experiencing a price dip on Tuesday in wake of hotter-than-expected US CPI data that has seen markets pull back on Fed rate cut bets, investors looking for quick exponential gains will continue scouring the shitcoin/meme coin markets...
Bitcoin Price Drops Back Below $49,000 After Hot US CPI Data Deals Blow to Fed Rate Cut Bets – Where Next for BTC?
13.2.2024
Bitcoin Price Chart / Source: Adobe / LuisaThe Bitcoin (BTC) price has dipped back below $49,000, a near $1,500 turnaround from the two-year highs it hit near $50,400 earlier in the session, in wake of the release of hotter-than-expected US Consumer Price Index (CPI) data for January. Last changing...
Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights
13.2.2024
Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest increase of 2024 thus far. Bitcoin Difficulty Poised...
Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in Argentina
13.2.2024
Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most popular cryptocurrency in the region, Argentines...
Bitcoin Price Soars as Spot ETFs Amass Ten Times More BTC Than Miners’ Production
13.2.2024
Bitcoin price has surged past the $50,000 mark, fueled by an unprecedented influx of investments from spot Bitcoin exchange-traded funds (ETFs). These ETFs have managed to accumulate a staggering ten times more Bitcoin (BTC) than what miners were able to produce on Monday. More specifically, data...
Solana Leads Gains in Crypto Majors, Bitcoin Metric Suggests Low Retail Growth
13.2.2024
The CoinDesk 20, a liquid index of the top twenty cryptocurrencies, rose 4% in the past 24 hours
Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply
13.2.2024
MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview
Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution
12.2.2024
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21, 2024, reducing the block rewards from the existing...
Bitcoin Bears Take a Bruising as Price Powers Above $50,000 – Where is BTC Headed Next?
12.2.2024
Source: Dalle-3 Bitcoin (BTC) bears are taking a bruising on Monday as the price powers above $50,000, as BTC continues its momentum after posting its strongest weekly close since December 2021 on Sunday. According to TradingView citing Bitstamp trading data, Bitcoin just traded above $50,000...
Bitcoin Pushes Through $50K for First Time Since Late 2021
12.2.2024
The world's largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry's long bear market
Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy
12.2.2024
Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week....
Bitcoin Technical Analysis: BTC Bulls Retreat From Near $49K Peak
12.2.2024
As of Feb. 12, 2024, bitcoin displays a robust upward momentum across several charts, underscored by its sharp ascent from $47,593 to $48,814 on Sunday. On the subsequent Monday, bitcoin’s market value reached $939 billion, with a trading volume of $21.57 billion for the day. Currently,...
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
9 Bitcoin ETFs Accumulate 208,878 BTC Worth $10 Billion, Overshadowing Grayscale’s Sell-Off
12.2.2024
Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded...
FA Hayek’s Foresight: Imagining Bitcoin’s Unstoppable Rise Through a ‘Sly, Roundabout Way’
11.2.2024
In recent years, discussions have flourished around the visionary predictions of famed architect and systems theorist Buckminster Fuller, who is said to have anticipated a concept akin to Bitcoin. Similarly, industrial magnate Henry Ford is credited with imagining a novel energy currency with...