Groundbreaking Launch In its inaugural week, the newly introduced Runes token standard on the Bitcoin network has amassed an astonishing 2129 bitcoins in transaction fees, equating to roughly $135 million. Runes utilizes Bitcoin’s UTXO model and the OP_RETURN opcode, presenting…
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Crypto Market Tumbles as Bitcoin Struggles, Major ETFs See Withdrawals Amid Regulatory Uncertainties
The cryptocurrency market cap has seen a decrease of approximately 4%, now standing at roughly $2.48 trillion. This decline is predominantly driven by Bitcoin, which was trading at around $64,253 early Thursday in the Asian markets, after struggling to breach…
Bitcoin’s Big Shift 2024: Unveiling the Future of Cryptocurrency Post-Split
Bitcoin’s Big Shift 2024: Unveiling the Future of Cryptocurrency Post-Split As the countdown to the fourth Bitcoin split ticks closer, with the anticipated event set for April 20, 2024, the buzz within the crypto community reaches its peak. Enthusiasts around…
Bitcoin and Ethereum: Unforeseen Shifts Shake Up the Crypto Market
In an unexpected twist in the cryptocurrency sector, Bitcoin and Ethereum have seen remarkable capital movements totaling $226 million this past week. Bitcoin faced the larger impact, with $192 million moving away from its market, while Ethereum followed with a…
Market Analyst Projects Bitcoin Downturn Amid Economic Shifts
In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X…
Bitcoin Halving: Dramatic Shifts Await Crypto Miners
The forthcoming Bitcoin ‘halving’ event, a programmed reduction in mining rewards, is poised to reshape the economic landscape for cryptocurrency miners. On April 20, the reward for Bitcoin mining will halve from 900 to 450 Bitcoins daily. Given the current…
The Ripple Effect of Bitcoin Halving on Altcoin Valuations
In the world of cryptocurrencies, a seismic shift is anticipated with the forthcoming Bitcoin (BTC) halving event slated for April 19. This event, historically, has not just influenced Bitcoin but has also acted as a springboard for altcoins, propelling them…
Bitcoin’s Rally Ignites Crypto Market, Elevating Key Stocks
Bitcoin’s resurgence is painting the crypto landscape in bullish hues, propelling its value towards the $72,000 mark, a feat observed after a period of stagnant trading. Current insights from CoinMarketCap reveal that Bitcoin, the titan of cryptocurrencies, is inching closer…
Bitcoin’s Bold Frontier: Mezo’s Economic Layer Unveiled
Matt Luongo, a notable figure in the Bitcoin community, shared a compelling narrative that spotlighted his journey towards embracing Bitcoin’s practical applications. His story began with an unexpected challenge: a mortgage lender’s skepticism over using Bitcoin for a real estate…
DWS Debuts Innovative Bitcoin and Ethereum ETPs on Deutsche Boerse
WS has ventured into the realm of cryptocurrency exchange-traded products (ETPs), unveiling two innovative strategies that mirror the performance of the leading cryptocurrencies, bitcoin and ethereum. These newly introduced Xtrackers Galaxy Bitcoin ETC Securities (XXBT) and Xtrackers Galaxy Ethereum ETC…
Bitcoin Cash’s Latest Halving: Navigating the Crypto Wave
In a notable cryptocurrency event, Bitcoin Cash (BCH) witnessed its second halving on April 4, 2024, setting the stage just over two weeks before Bitcoin’s much-anticipated halving. This halving event slashed the mining rewards for BCH from 6.25 to 3.125…
Bitcoin vs. Rising Yields: What’s Next
In the latest market movements, Bitcoin (BTC) witnessed a downward adjustment, finding its footing around the $66,000 mark, as market enthusiasts grappled with the resurgence of Treasury yields and the looming prospect of postponed Federal Reserve rate adjustments until later…
Impending Expiry of $15B in Bitcoin and Ethereum Options Sparks Market Interest
As we approach the end of the quarter, the crypto market braces for a significant event with $15 billion in Bitcoin and Ethereum options poised to expire this Friday, March 29th. Deribit, a premier options trading platform, is at the…
Crypto Price Projections Post Bitcoin Division: Significant Bullish Momentum Anticipated Towards $500,000?
With Bitcoin’s market capitalization reaching a historic high of $1.451 Trillion, investors are gearing up for potential gains well ahead of the upcoming Division. The largest cryptocurrency by market cap has shown a notable reversal in late 2023 and this…