40 / 50 Relevant items tagged with #BitcoinBTC
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Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
[Dec 28, 2023 8:32 AM] Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even more…
Altcoin Fortunes Declined When Paired Against BTC in 2023 Despite Crypto Market Surge
[Dec 27, 2023 2:30 PM] Over the past year, bitcoin surged by 153%, with numerous other digital currencies also seeing substantial increases. Yet, assessing the top cryptocurrencies in relation to bitcoin’s performance, the annual shifts present a distinctly varied…
Bitcoin Technical Analysis: Analyzing the Push and Pull of BTC’s Market Forces
[Dec 27, 2023 7:30 AM] Bitcoin’s current price steadies at $42,750 to $42,964 and an intraday range between $41,820 and $43,192. Despite the fluctuations, the market capitalization holds strong at $841 billion, with a 24-hour trade volume of $25.32 billion…
Elon Musk: ‘I Don’t Spend a Lot of Time Thinking About Cryptocurrency’
Bitcoin Closes 2023 With 27 Dynamic Difficulty Adjustments, Netting a 74% Rise in Mining Challenges
[Dec 26, 2023 5:30 PM] Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by…
2023 Crypto Wealth Surge — Satoshi Nakamoto Tops With $26B Increase, Industry Titans Follow
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
[Dec 25, 2023 3:30 PM] Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs. ASIC Mining’s Changing Landscape Once…
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
[Dec 25, 2023 1:30 PM] On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023…
Former Bitmex CEO Arthur Hayes: ETF Success’ Might ‘Destroy Bitcoin’
[Dec 24, 2023 10:30 PM] Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, pondered about the success of an upcoming spot bitcoin ETF and its effect on the future of bitcoin. Hayes states that the popularity of these ETF derivatives might concentrate…
Bitcoin Fork Discussions Surface Over Block Space Constraints and Ordinals
[Dec 24, 2023 4:30 PM] While no formal announcement has been made, murmurs of a potential Bitcoin fork are emerging amidst discussions on block space, Ordinal inscriptions, and escalating fees. Such speculation has led some to believe that a significant Bitcoin fork…
Bitcoin Mining Difficulty Hits Record 72 Trillion Amid Hashrate Surge and $600M Spent on ASICs in December
[Dec 24, 2023 2:30 PM] On Dec. 23, 2023, Bitcoin’s mining difficulty soared to a record level at block height 822,528. The difficulty surged by 6.98%, marking the most substantial escalation in nine months, since March 23. This increment set a new precedent…
Bitcoin Options Open Interest Skyrockets Past $18 Billion as Traders Anticipate SEC ETF Decision
[Dec 24, 2023 12:30 PM] Bitcoin options open interest has soared to unprecedented levels, surpassing the $18 billion threshold on Dec. 22, 2023. Currently, evidence indicates that bitcoin traders are leveraging bitcoin options to mitigate risk and speculate on the future…
Hive Amplifies Bitcoin Mining Might With 7,000 Bitmain S21 Units
[Dec 24, 2023 1:30 AM] The publicly-listed company Hive Digital Technologies, based in Vancouver, has announced the acquisition of 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from Bitmain. The ordered Antminer S21 units are slated for…
Forecast Frenzy — Bitcoin Price Predictions Surge as 2024 Approaches
[Dec 23, 2023 1:30 PM] As 2023 winds down with bitcoin soaring by 165% since January, numerous luminaries, visionaries, speculators, and market players predict that the leading cryptocurrency’s value will soar even higher in 2024. This week, Markus Thielen…
Bitcoin Miner Stronghold Secures $15 Million Equity Raise Amidst Hashrate Curtailment Challenges
[Dec 23, 2023 11:30 AM] In a recent disclosure, the publicly-listed bitcoin mining corporation Stronghold Digital Mining publicized its entry into a $15 million securities purchase agreement with an institutional investor. Furthermore, Stronghold elaborated that the…
Bitcoin Solidifies Lead Over Ethereum in 2023 — Dominates in Market Cap, NFT Sales, and Fee Generation
[Dec 23, 2023 10:00 AM] In the past year, the leading cryptocurrency, bitcoin, has eclipsed ethereum in multiple key areas. From the beginning of the year to date, the value of ether has diminished by 27.65% relative to bitcoin’s price, falling from 0.073 ether to…
Jack Dorsey-Backed Ocean Bitcoin Mining Pool Introduces Block Template Options
Bitmap Theory’s Meteoric Rise: Pioneering a Bitcoin Metaverse With a $235 Million Valuation
[Dec 22, 2023 9:30 AM] The Bitmap Theory initiative, launched just last summer, is swiftly gathering momentum. Its objective is to integrate a digital realm, often referred to as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal…
Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation
[Dec 22, 2023 7:45 AM] While precious metals such as gold and silver ascend and the stock market concludes its eighth consecutive week of gains, bitcoin steadies at $43,638 amidst a market teeming with intricate technical indicators. Bitcoin Bitcoin’s current…
‘If You Want to Understand Bitcoin’s Value, Look at Politicians’ Hate Toward It,’ Says Sean Ono Lennon
[Dec 22, 2023 12:30 AM] Sean Ono Lennon, the acclaimed American-British musician and son of Beatles icon John Lennon, revisited the subject of bitcoin on social media platform X, formerly known as Twitter. He poignantly observed, “If you want to understand how…
Bitcoin NFTs Skyrocket With $425M in Sales This Week; Key Collections Cement Strong Floor Values
[Dec 21, 2023 10:30 AM] In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several…
Bitcoin’s Hashrate Hits Historic 527 EH/s Lifetime Peak, Shattering Previous Records
Bitcoin Technical Analysis: Bullish Trends Push Against Upper Resistance Limits
[Dec 20, 2023 7:14 AM] Bitcoin’s price of $43,094, fluctuating between $42,235 and $43,176 within 24 hours, reflects a market in subtle motion. With a substantial 24-hour volume of $20.10 billion and a market capitalization of $837 billion, bitcoin maintains its…
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
[Dec 19, 2023 11:00 PM] On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these…
Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity
[Dec 19, 2023 4:30 PM] As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and…
Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal
[Dec 18, 2023 4:00 PM] On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million. Cipher Mining’s…
Adam Back States ‘You Can’t Stop JPEGs on Bitcoin,’ Proposes Block Size Increase to Host Inscriptions
[Dec 18, 2023 12:30 PM] Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse…
Bitcoin Technical Analysis: BTC Navigates Choppy Waters and Uncertainty
[Dec 18, 2023 8:00 AM] As bitcoin trades between $40,850 to $41,075, investors are eyeing several charts, oscillators, and moving averages for clues about the leading crypto asset’s next move. Oscillators signal neutrality, while moving averages paint a mixed…
Latam Insights: Volcano Bonds Target Q1 2024 Launch, Unblock Global $15 Million Bitcoin Flare Gas Bet
[Dec 18, 2023 3:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran Volcano Bonds might be launched in Q1 2024, Unblock Global raised $15 million for a flare…