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Bitcoin: Divergence, Whales, and Halving hype fuel price rise


Bitcoin is rallying above $70,000 at the time of writing this article. The trading community and crypto enthusiasts have primarily invested in boosting Bitcoin without relying on equities or other sectors. However, there is a slight change in that behavior, which is evident from the fact that...

Breakdown of four phases of the Bitcoin Halving cycle


With Bitcoin Halving slated to happen in April 2024, there is speculation about how things will roll out for Bitcoin or BTC prices in the market. Most of it is based on how the prices have been pushed to an ATH when Halving happened 3 times before. Analysts have now broken down the entire segment...

Strike introduces a newly crafted limits experience for Bitcoin


Strike has updated the limit for sending and withdrawing Bitcoin tokens. Previously, Strike set a limit on the amount users could transact either weekly or daily. However, the redesigned mechanism enables them to execute the transactions seamlessly without any limit. The objective here for Strike...

Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade


The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the 15th largest by market capitalization among over...

Bitcoin’s infinite paradox: Halving, renewables, and the race to value


The system is reminiscent of Zeno’s Achilles and the tortoise paradox. With rising costs of renewable energy and the potential for Layer 2 solutions like the Lightning Network, the mining industry may undergo significant changes. Bitcoin’s decentralized structure allows it infinite...

Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion


Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders...

Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds


Canadian authorities have filed a third “unexplained wealth order” application with the British Columbia Supreme Court targeting the co-founder of QuadrigaCX Michael Patryn to explain how assets were acquired. The post Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds appeared...

Bitcoin Price Prediction as BTC Dips Below $70,000 – Time to Buy?


As Bitcoin dips below $70,000, the market's focus sharpens. BlackRock's bullish stance on Bitcoin and Casa's new inheritance solution signal a maturing market landscape. The post Bitcoin Price Prediction as BTC Dips Below $70,000 – Time to Buy? appeared first on Cryptonews

Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto


Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said...

Hashdex Bitcoin ETF Begins Trading — US Now Home to 11 Spot BTC ETFs


Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) in early January, has launched. The fund converted from Hashdex Bitcoin Futures ETF and is trading on the NYSE Arca exchange. US Now Has 11 Spot Bitcoin ETFs...

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