The amount of bitcoin that miners have on hand has dropped significantly, according to statistics published by IntoTheBlock. The market recently witnessed the highly anticipated halving event for Bitcoin, and these reserves are at their lowest level in the previous 12 years. The top three mining pools, which include Viabtc,
After suffering outflows earlier in the week, spot Bitcoin exchange-traded funds (ETFs) in the U.S saw a rebound on Friday with inflows of about $60 million. As investors rejoice over Bitcoin’s fourth successful halving, BlackRock (IBIT) and Fidelity (FBTC) saw increased inflows. Bloomberg and Farside Investors reported on April 20
The newest comment made by Bitwise CEO Hunter Horsley on the price of Bitcoin after the halving has caused a commotion in the crypto community. The chief executive officer expressed a feeling of continued optimism over Bitcoin’s ability to reach $100,000 after today’s halving event, which sparked a frenzy among
Jamie Dimon, CEO of JPMorgan, remains a formidable adversary to Bitcoin. According to Dimon, it is not a real currency but rather a swindle. Dimon admitted his skepticism about the veracity and practicality of digital currencies like Bitcoin during a recent interview with Bloomberg TV. He reiterated his belief that
Google searches related to the Bitcoin halving have reached an all-time high, with forecasts indicating that they will be more than twice as popular as the last halving in 2020. If Google Trends is to be believed, the phrase “Bitcoin halving” will reach an anticipated score of 100 by the
A substantial spike in Bitcoin withdrawals from exchanges has been uncovered in a recent data study by CryptoQuant on X. There seems to have been a dramatic change in investor sentiment, since this pattern points to a major accumulating period in the crypto market. This rise is particularly noteworthy since
Core Chain introduces Non-Custodial BTC Staking, a feature making BTC a yield-earning asset for the first time in its history. ● Innovative Bitcoin ETPs Launch with DeFi Technologies Inc. : DeFi Technologies Inc. and Valour partner with the Core Foundation to launch groundbreaking Exchange Traded Products (“ETPs”), including a first-of-its-kind
Bitcoin, the leading cryptocurrency, finds itself in the midst of a tumultuous period as it navigates through volatile market sentiment, fueled by anticipation surrounding an upcoming event. With just two days remaining until the highly-anticipated halving, excitement and fear grip the crypto community, reflecting in a flurry of discussions and
As the countdown to Bitcoin’s much-anticipated halving dwindles, the cryptocurrency market finds itself engulfed in a whirlwind of volatility. With only 542 blocks remaining until the event, Bitcoin’s price has been subject to dramatic fluctuations, plunging to lows of $61,500 over the weekend before slightly rebounding. Despite the turbulence, key
Bitcoin (BTC) miners may be subject to more tracking after Norway approved new data center laws. All data centers in the nation will be required by the new law to formally register. This registration will include details on the data centers’ owners, managers, and the digital services they provide. Norway
