44 / 53 Relevant items tagged with #BitcoinBTC
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Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval
[Dec 14, 2023 3:00 PM] Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market…
Bitcoin Transaction Fees Spike Amid Rising Backlog and Relentless Ordinal Inscription Trend
[Dec 14, 2023 11:00 AM] Bitcoin transaction fees have surged again. On Dec. 6, 2023, bitinfocharts.com reported that the average cost of a bitcoin transaction soared to $27.55. Presently, the average transaction fee hovers around $13.93, alongside a growing backlog of…
Salvadoran Bitcoin Volcano Bonds Target Q1 2024 Launch After Getting Regulatory Approval
[Dec 14, 2023 5:00 AM] Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it…
From Infancy to Giant — Tracing Bitcoin’s Roots in Satoshi’s Final Communication
[Dec 13, 2023 11:30 AM] Roughly thirteen years ago, the mysterious creator of Bitcoin, Satoshi Nakamoto, posted their final message on the bitcointalk.org forum on Dec. 12, 2010. Nakamoto’s brief yet impactful message alerted the community to the ongoing need for…
Bitcoin Technical Analysis: Key Indicators Point to a Consolidation Phase
Bitcoin Developer Luke Dashjr Registers Ordinal Inscriptions Workaround as a Vulnerability
[Dec 13, 2023 12:30 AM] Luke Dashjr, Bitcoin developer and CTO of Mummalin, has registered a method that allows Ordinal inscriptions to be saved on the Bitcoin blockchain as a code vulnerability. The vulnerability, CVE-2023-50428, states that “datacarrier size…
Bitcoin’s Difficulty Drops for First Time Since September
[Dec 12, 2023 10:30 AM] The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes…
Bitcoin’s Recent Surge on Exchanges: Binance and Bitfinex Lead With $871M Inflow
[Dec 11, 2023 9:30 AM] On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at…
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
[Dec 11, 2023 7:43 AM] On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec…
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
[Dec 10, 2023 2:30 PM] Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals…
Snowden Blasts Elizabeth Warren as ‘Pro-Banker,’ Claims She ‘Rolls Over’ for JPMorgan Boss in Crypto Clash
[Dec 10, 2023 12:30 PM] This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto…
Ripples in the Bitcoin Sea: Ocean Pool’s Transaction Blacklist Sparks Industry Uproar
[Dec 10, 2023 8:30 AM] In recent days, discussions have intensified around the emerging bitcoin mining pool Ocean and its decision to exclude certain transactions, specifically those linked to Ordinal inscriptions and coinjoin activities. Luke Dashjr, a key figure in…
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
[Dec 9, 2023 4:30 PM] Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively…
Jack Dorsey’s Block Launches Bitkey: A New Self-Custody Bitcoin Wallet With No Seed Phrases
[Dec 9, 2023 12:30 PM] Block, Inc. has recently introduced Bitkey, its innovative self-custody bitcoin wallet, offering a unique approach to bitcoin management. Unlike traditional wallets which rely on passwords or seed phrases, Bitkey utilizes a distinctive 2-of-3…
El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation
[Dec 8, 2023 7:30 AM] As bitcoin stabilizes near $43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for…
Samourai Wallet Calls out Ocean Pool for Censoring Whirlpool Privacy Transactions
[Dec 8, 2023 7:00 AM] Samourai, a privacy-focused bitcoin wallet, revealed the changes in the recent Bitcoin Knots software used by Ocean, a Bitcoin mining pool, censor Whirlpool transactions, a kind of coinjoin operation. The wallet explained that Ocean is pursuing a…
Bitcoin Developer Luke Dashjr States Inscriptions Are Exploits, Hints at Future Fix
[Dec 7, 2023 8:30 AM] Luke Dashjr, bitcoin developer and Mummolin’s CTO, has reiterated his negative opinion about Ordinal inscriptions, stating these leverage and exploit a vulnerability in the Bitcoin Core full node software implementation. Dashjr also hinted…
Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million
[Dec 6, 2023 12:30 PM] DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation…
Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories
[Dec 6, 2023 10:00 AM] As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies…
Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier
[Dec 6, 2023 8:15 AM] As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal…
Gold Bug Peter Schiff Predicts Bitcoin’s Swan Song, Heralds ‘Spectacular Collapse’
[Dec 6, 2023 2:30 AM] Europac’s chief economist and known gold proponent Peter Schiff compared the gold and bitcoin rallies, explaining that the latest gold price pullback allowed bitcoin prices to pump. Nonetheless, Schiff believes that bitcoin will collapse…
Coinbase CEO Brian Armstrong: ‘Bitcoin May Be the Key to Extending Western Civilization’
[Dec 6, 2023 1:00 AM] Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as…
Brazil’s Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services
[Dec 5, 2023 4:00 PM] Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this…
Bitcoin Taps $44,000, Surpassing Meta and Berkshire Hathaway in Market Capitalization
[Dec 5, 2023 1:13 PM] On Tuesday, bitcoin’s price soared past the $44,000 mark, peaking at $44,011 per unit. In the last month, the leading cryptocurrency by market capitalization has seen a surge exceeding 24%, and 17% in just the past two weeks. Bitcoin Breaks…
Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm
[Dec 5, 2023 8:30 AM] Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major…
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
[Dec 4, 2023 3:30 PM] Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin…
El Salvador Triumphs in Bitcoin Bet — President Nayib Bukele Announces $3.6 Million Profit
Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing
[Dec 4, 2023 7:00 AM] On December 4, 2023, bitcoin’s price exhibited significant movements trading between $39,409 and $42,155 during the intraday sessions. The crypto asset briefly crossed the $42K zone — a height not seen since the Terra LUNA crash. Bitcoin’s…