Category: BITCOIN
Your ultimate source for all things Bitcoin. Stay up-to-date with the latest news, price analysis, market trends, technological advancements, and regulatory developments surrounding the world’s leading cryptocurrency
Jun 26, 2023 BITCOIN
Bitcoin Lightning Network Sets New Record in Node Capacity
In a remarkable development for the cryptocurrency world, the Bitcoin Lightning Network has achieved a new all-time high in node capacity. With a capacity of 5,630 BTC ($172 million), this milestone showcases the growing popularity and utilization of the Lightning…
Jun 25, 2023 BITCOIN
The Power of Dollar Cost Averaging into Bitcoin
Bitcoin has emerged as a popular investment option, captivating the attention of investors worldwide. However, the volatile nature of the cryptocurrency market often leaves investors grappling with the challenge of timing their investments perfectly. To tackle this issue, a strategy…
Jun 25, 2023 BITCOIN
Bitcoin’s Multi-Year Bull Market Predicted by Bitwise CEO
According to Bitwise CEO, Matt Hougan, the outlook for Bitcoin is bullish, with a multi-year bull market on the horizon. This optimistic forecast stems from the growing interest shown by institutional investors, who are increasingly recognizing the potential of the…
Jun 24, 2023 BITCOIN
Understanding Spot ETFs and Their Impact on Bitcoin Prices
Spot ETFs, also known as exchange-traded funds, are investment vehicles that track the price movements of underlying assets in real-time, providing investors with exposure to the performance of those assets. In the context of the cryptocurrency market, the emergence of…
Jun 24, 2023 BITCOIN
Mark Yusko Predicts Bull Market for Bitcoin and Crypto
Mark Yusko, the renowned founder and CIO of Morgan Creek Capital, declares that Bitcoin and the crypto markets have officially entered the realm of a bull market. This revelation comes as no surprise, as Yusko has long foreseen a surge…
Jun 22, 2023 BITCOIN
Valkyrie Applies for Bitcoin ETF Following SEC Denial
Valkyrie, a prominent asset manager overseeing a staggering $80 billion in assets, has recently submitted an application for a Bitcoin Exchange-Traded Fund (ETF). This move comes after the Securities and Exchange Commission (SEC) had previously denied the company's proposal for…
Jun 21, 2023 BITCOIN
Bitcoin: Breaking 30k Barriers and Setting New Records
Bitcoin, the world's leading cryptocurrency, has been making waves in the financial market. Its recent achievement of surpassing the $30,000 mark and experiencing a remarkable 12% gain within just 24 hours has caught the attention of investors worldwide. This significant…
Jun 21, 2023 BITCOIN
Bitcoin Surges to $29,000 Driven by Institutional Support
Despite facing regulatory pressure and scrutiny, Bitcoin remains unfazed, continuing its upward trajectory and surpassing the $29,000 level. This impressive perfocan be attributed to the increasing interest from exchange-traded fund (ETF) institutions. Notably, four prominent ETF institutions, including iShares, Bitwise,…
Jun 21, 2023 Crypto News
Bitcoin Skyrockets by 7% in 24 Hours, Surpasses $28,000 Mark
Bitcoin's price has been on a steady rise, reclaiming a significant portion of its previous losses. Year-to-date, Bitcoin's market capitalization has grown , representing an impressive 66% gain. This bullish momentum has caught the attention of experts, who predict a…
Jun 19, 2023 BITCOIN
Bitcoin’s Market Dominance Reaches Over 50%
In a notable shift within the cryptocurrency market, Bitcoin's market dominance has surged beyond 50%, marking a significant milestone since May 2021. Bitcoin often experiences an increase in its market share during periods of high market stress. Traders tend to…
Jun 15, 2023 BITCOIN
BlackRock Nears Filing for Bitcoin ETF
The cryptocurrency market, BlackRock, the world's largest asset manager, is reportedly on the verge of submitting an application for a Bitcoin ETF (exchange traded fund). According to a recent report by CoinDesk, BlackRock will leverage the services of Coinbase Custody,…
Jun 12, 2023 Crypto News
Bitcoin Dominance Surges to 50%, Altcoins Experience Plummet
Bitcoin's market share has surged to nearly 50%, reaching a new high since April 2021. While altcoins experience a significant decline, Bitcoin continues to maintain relative stability. Bitcoin's market share has witnessed a substantial increase recently, with altcoins experiencing a…
Jun 09, 2023 BITCOIN
Bitcoin’s Price Analysis: A Potential 60% Gain in Sight
Bitcoin's price may be poised for a significant increase, with a potential gain of 60%, according to trader Mikybull Crypto. The trader highlights a promising chart pattern on the BTC/USD weekly chart, specifically an inverse head-and-shoulders formation. This pattern suggests…
Jun 06, 2023 Crypto News
Binance NFT Marketplace Now Supports Bitcoin NFTs
In an exciting development for crypto enthusiasts and collectors alike, the Binance NFT marketplace has recently announced support for the purchase, deposit, and withdrawal of Bitcoin non-fungible tokens (NFTs). This move opens up a new avenue for users to explore…
Jun 06, 2023 BITCOIN
Bitcoin Network Experiences Delay in Block Production
In an unexpected turn of events, the Bitcoin network encountered a delay in block production, resulting in a pause of approximately one and a half hours. The interruption, which lasted for more than 90 minutes, raised concerns among cryptocurrency enthusiasts…
Jun 05, 2023 Crypto News
JPMorgan Research Signals a Bitcoin Boom Ahead of Halving
In a recent research report, JPMorgan, a leading financial institution, has highlighted the projected retail demand for Bitcoin (BTC) in the coming year leading up to the next halving event. This event, expected to double the production cost of Bitcoin…
Jun 03, 2023 BITCOIN
Bitcoin Bullish Momentum and Future Growth
Bitcoin's price gained momentum, indicating positive signs for the cryptocurrency. On June 3, Bitcoin witnessed a surge, increasing the odds for a much-anticipated price level of $30,000. This development has sparked excitement among traders and investors who have been eagerly…
May 30, 2023 BITCOIN
Bitcoin Ordinals Inscriptions Surpass 10 Million Mark
The number of Bitcoin Ordinals Inscriptions has surpassed a significant milestone, reaching over 10 million. Bitcoin Ordinals Inscriptions Understanding Bitcoin Ordinals Inscriptions Bitcoin Ordinals Inscriptions are data embedded into a Bitcoin transaction's witness data. These inscriptions provide additional information or…
May 29, 2023 BITCOIN
Bitcoin Surges Past $28,000: What Investors Need to Know
Bitcoin has once again grabbed the attention of investors and enthusiasts as it surged past the $28,000. This remarkable price rally comes on the heels of an announcement from the White House regarding a deal to avert a potential debt…
May 27, 2023 BITCOIN
JPMorgan Predicts Bitcoin’s Potential Surge to $45,000
According to JPMorgan analysts, Bitcoin is expected to reach a potential price of $45,000, drawing comparisons to the surging gold prices. While the outlook is optimistic, the bank remains cautious due to potential factors that could impact the market. In…
May 20, 2023 BITCOIN
Bitcoin Miami 2023: Exploring the Future of Bitcoin
The Bitcoin Miami conference, the world's largest event dedicated to digital currency, is officially underway. This year's gathering comes at a critical time as Bitcoin faces challenges in recovering from the setbacks of the banking crisis in March.Bitcoin Miami 2023…
May 20, 2023 BITCOIN
Bitcoin 2023 Conference: Attendance and Sentiments
The Bitcoin 2023 conference held in Miami showcased the unwavering interest in the world of cryptocurrencies, despite the challenging market conditions. While the attendance numbers were lower compared to the previous year, the event drew in a substantial number of…
May 18, 2023 BITCOIN
Bitcoin Mining Difficulty Reaches Record High
Bitcoin, the world's most popular cryptocurrency, experienced a significant mining difficulty adjustment at block height 790,272. The mining difficulty, which measures the level of complexity miners face when attempting to validate transactions and add them to the blockchain, increased by…
May 16, 2023 BITCOIN
The Growing Problem of Lost Bitcoin: Protecting Your Bitcoin
In the world of cryptocurrencies, Bitcoin stands as the most popular and widely recognized digital currency. Its decentralized nature and potential for high returns have attracted numerous investors. However, a concerning trend has emerged: the loss of Bitcoin. According to…
May 14, 2023 BITCOIN
ORC-20 Transactions on Bitcoin Blockchain Hit Record High
After a blog post published by Binance Academy about ORC-20 Token, a new record high was reached in the number of ORC-20 transactions on the Bitcoin blockchain in a single day. The post, which explained the concept and features of…