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A Look Beyond Bitcoin and Ethereum: Bitcoin Spark’s Future is Bright
27.9.2023
The realm of cryptocurrencies is a dynamic and fast-paced arena characterized by continuous innovation and rapid adaptation. Bitcoin and Ethereum have stood as the cornerstone assets for years, defining the crypto landscape and shaping its evolution. However, amidst this landscape of established...
Charting Bitcoin’s future: ETF approval and the BTC Halving 2024
27.9.2023
Over the weekend, Bitcoin’s price maintained its resilience, staying below the $27,000 threshold despite market uncertainties. In this post, we will dissect the current state of Bitcoin and two upcoming major events: Bitcoin ETF and halving. Amidst shifting market dynamics and diverse expert...
BTC Ordinals Craze Puts Miners in Dilemma: Glassnode
27.9.2023
A new Glassnode report says that Bitcoin (BTC) Ordinals are not displacing monetary transfers despite concerns of network clogging.
In a Sept 25 release, on-chain analytics firm Glassnode explained the role of BTC inscriptions on the network, their impact in competition with other transactions...
Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers' Advocacy, & Rate Hike Impacts
27.9.2023
Bitcoin, the world's most valuable cryptocurrency, was trading below $27,000 early on Wednesday, showing a nearly 0.50% decrease in price to $26,220.
The overall crypto market cap was at $1.05 trillion, indicating a 0.46% decrease over the past 24 hours. The poor performance of Bitcoin...
US SEC Delays Decision on ARK 21Shares Bitcoin ETF Until Next Year
27.9.2023
The U.S. Securities and Exchange Commission (SEC) has once again announced a delay in its decision regarding the proposed ARK 21Shares spot Bitcoin ETF, pushing the deadline into the next year with a new date set for January 10th.
This announcement of delay came just hours after a request by...
Bitcoin Price Prediction: BTC Up 0.6% – Is the Bull Market Back?
27.9.2023
The flagship cryptocurrency, Bitcoin, has sparked renewed interest among investors and enthusiasts as its price increases.
With today's live Bitcoin price standing at $26,203 and a 24-hour trading volume reaching a staggering $10 billion, the digital asset has seen a near 0.50% surge in the past...
Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000
26.9.2023
Despite sharp downside in the US stock market on Tuesday amid a fresh push higher in long-dated US yields to new multi-decade highs as traders pricing in a policy of higher interest rates for longer from the US Federal Reserve, Bitcoin (BTC) continues to hold up relatively well.
It was last...
This New Tool Track’s Bitcoin’s Price Without Using An Exchange
26.9.2023
The Bitcoin blockchain alone is now capable of tracking Bitcoin’s price without help from the outside world, thanks to a developer’s new tool.
As created by @SteveSimple on X (Twitter), UTXOracle is a Python program that “estimates the daily USD price of bitcoin using only your bitcoin Core full...
Bitcoin Gains Recognition As A Unique, Non-Replicable Digital Asset Following Chinese Court Report
26.9.2023
The Shanghai Second Intermediate People's Court in China has explained that Bitcoin (BTC) stands out as a unique virtual asset based on several attributes including its scarce nature.
On Sept. 25, the court published a report “Legal Attributes and Judicial Disposal of Digital Currency”...
Can Bitcoin’s Spot ETF approval influence the BTC price?
26.9.2023
Bitcoin is a digital currency that exists only in the digital realm; it is like internet money. In the financial world, Bitcoin is a game-changer. It offers a new way to store and transfer value. Unlike traditional money, Bitcoin is not tied to any country, making it a global currency. However,...
MicroStrategy gets 5,445 Bitcoins, reaching 158,245
26.9.2023
MicroStrategy recently reported acquiring an additional 5445 Bitcoins. The software company revealed the transaction on Monday while filing with the SEC. The transaction amounted to a whopping $147.3 million. MicroStrategy now holds 158,245 Bitcoins, which accounts for 0.754% of the available...
Bitcoin Price Prediction: MicroStrategy's Accumulation Reinforces Optimism as It Emerges as a Beacon in Lebanon's Crisis
26.9.2023
Bitcoin's price is slightly up at just above $26,200, while the overall crypto market has risen by 0.70% to a valuation of $1.05 trillion.
MicroStrategy's acquisition of $150 million worth of Bitcoin has boosted confidence in the digital currency market and its role as an economic salve. ...
The utility of Bitcoin: where your wallet can be used for payments
26.9.2023
In recent years, Bitcoin has established itself as a revolutionary financial technology that has drastically altered people’s understanding of currency and commerce. First designed as a decentralized digital form of money, Bitcoin has advanced considerably beyond its initial purpose....
Bitwise Draws Close to Spot Bitcoin Fund Approval With Latest Academic Record
26.9.2023
NYSE Arca Exchange has submitted an updated application to list the Bitwise Bitcoin exchange-traded fund (ETF) Trust.
This revised application includes a detailed academic analysis to address the significant concerns raised by the Securities Exchange Commission (SEC) regarding spot bitcoin...
Bitcoin (BTC) Price Prediction: Is BTCBSC's Popularity Affecting Bitcoin's Future Value?
25.9.2023
In today's rapidly evolving cryptocurrency landscape, Bitcoin (BTC), the pioneer of the digital currency realm, finds its position and value influenced by emerging blockchain platforms and their associated tokens.
With the current BTC price standing at $26,130 and a 24-hour trading volume of...
Bitcoin Price Set to End Third Quarter With 15% Loss, But BTC Traders Are Preparing For 2024 Pump
25.9.2023
Bitcoin (BTC) is set to end the third quarter of 2023 with losses of around 15%, its worst quarterly performance since the final quarter of 2022, when the cryptocurrency also lost 15%, as per currencyrush.com.
The world’s largest cryptocurrency by market capitalization, which had a market...
Breaking: MicroStrategy Acquires Additional 5,445 BTC, Adding to a Total of 158,245 Bitcoins
25.9.2023
Nasdaq-listed MicroStrategy (MSTR), the world’s leading corporate Bitcoin holder, has purchased an additional 5,445 BTC through August and September.
The company announced Monday that it has acquired $147.3 million worth of the world’s largest cryptocurrency at an average price of $27,053...
Bitcoin Price Faces 210,000 BTC US Government Sales Tsunami, Buy Bitcoin BSC ($BTCBSC) After it Raises $5m As The Best Alternative?
25.9.2023
The Bitcoin price funk could be about to get a lot worse if the US government starts selling BTC to run down its balance of 210,000 coins – but Bitcoin alternatives like Bitcoin BSC could be the beneficiaries.
The US government is the largest sovereign holder of Bitcoin globally. According to data...
Bitcoin Price Prediction: BTC Under $27K amid Fed's Stance, Options Expiry, & ETF Awaits
25.9.2023
Bitcoin (BTC) was unable to maintain its upward rally from the previous week and remained below the $27,000 mark on Monday.
In fact, the overall cryptocurrency market was valued at $1.04 trillion at the time of this report, indicating a 1.08% drop in the past 24 hours.
However, this dip came...
Bitcoin Price Prediction as BTC Fails To Break $27,000 Threshold – Stuck in a Rut?
24.9.2023
As of today, Bitcoin is priced at $26,600, witnessing a subtle rise of nearly 0.10% over the past 24 hours and commanding a trading volume of $6.4 billion.
Despite its position as the premier cryptocurrency, ranked #1 on CoinMarketCap, and a staggering market capitalization of $518 billion...