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Veteran chart analyst Peter Brandt said Bitcoin's bull market may have ended at the last record high above $73,000. Brandt noted that, based on historical data, Bitcoin has already surpassed its last price peak of around $74,000.
Apr 29, 2024Bitcoin mining is a tough job. Enormous amounts of processing power are required to secure the network and create new Bitcoin blocks. This process is usually carried out through mining pools, whereby individual miners combine their efforts to increase their chances of finding blocks. But every now and then, one brave miner decides to try his luck on his own and achieves incredible success.
Apr 29, 2024There may be a "re-acceleration" in the Bitcoin bull market, according to the latest macroeconomic forecasts by Arthur Hayes, former BitMEX cryptocurrency exchange CEO. Hayes says hopes for the Fed's interest rate cut are decreasing for the cryptocurrency market: "Forget the Fed"
Apr 26, 2024The US Securities and Exchange Commission (SEC) sued Bitcoin mining company Geosyn Mining and its co-founders for allegedly defrauding investors of $5.6 million. According to the accusation, the company lied to investors about the number of crypto miners it operated while using customer money for personal expenses.
Apr 26, 2024Moving its more than 20 million registered users to the "Social Web", that is, Web3, MeWe takes user control and privacy to an unprecedented level.
Apr 26, 2024The world of financial technology is buzzing with exciting news – payments giant Stripe is returning to the payment space with cryptocurrencies! The company plans to reintroduce the service later this year after a six-year hiatus.
Apr 26, 2024Bitcoin price remained horizontal on Friday, prompting investors to wait. Rising expectations that US interest rates will remain high in the long term have greatly undermined optimism in the cryptocurrency market. In this anxious environment, investors' attention turned to the upcoming US inflation data.
Apr 26, 2024Ethereum (ETH) investors remain vigilant over the upcoming weekend, worried about potential price fluctuations that could liquidate long positions worth more than half a billion dollars. This situation has become even more critical as the US Securities and Exchange Commission (SEC) is increasingly likely to reject spot Ether exchange-traded fund (ETF) applications in May.
Apr 26, 2024The halving in May 2023, one of the last major events in the Bitcoin network, significantly affected the income of Bitcoin miners by halving mining rewards. While this situation threatens the future of this segment, which plays a vital role in ensuring the security of the network, it has brought up the search for new solutions in the sector. The Runes protocol, which emerged as one of the first answers to this search, attracted attention by constituting a significant portion of Bitcoin transactions after the Bitcoin halving. However, how sustainable this situation is and whether Runes is the savior of miners are among the questions that have not yet been answered clearly.
Apr 25, 2024An important development in the Bitcoin market! BlackRock's Bitcoin ETF, which attracted great interest from investors, failed to attract investment flows for the first time. This situation raises the question of whether the upward trend in Bitcoin has been interrupted.
Apr 25, 2024Tokenization of real-world assets (RWA) is the process of using blockchain technology to create digital tokens that represent physical assets. This can enable assets such as real estate, art, gold and even stocks to be bought and sold more easily, giving investors access to a wider range of assets.
Apr 25, 2024Morgan Stanley is preparing to take an important step in the cryptocurrency market. The bank is expected to allow its more than 15,000 brokers to recommend Bitcoin mutual funds (ETFs) to their customers.
Apr 25, 2024There was a sudden decline in Bitcoin, Ether and other major altcoins. This decline was accompanied by the US Department of Justice (DOJ) arrest of the founders of Samourai Wallet and ongoing Middle East tensions, as well as the shadow of post-Bitcoin halving volatility. On April 24, Cointelegraph reported that cryptocurrency wallet Samourai Wallet's CEO Keonne Rodriguez and CTO William Hill are facing charges of money laundering conspiracy and conspiracy to operate an unlicensed money transfer service.
Apr 25, 2024Cryptocurrency investors are expecting a weakening in the US dollar and hoping that this will lead to a new rise in the Bitcoin (BTC) price. However, some banks predict that the dollar will continue to strengthen.
Apr 24, 2024## Cryptocurrency Custody Expert Fireblocks Offers New Products to Protect DeFi Users Cryptocurrency currency custody specialist Fireblocks has released new threat detection and smart contract evaluation tools to help prevent enterprise users entering the decentralized finance (DeFi) space from engaging with malicious actors and falling victim to malicious attacks. Fireblocks' dApp Protection and Transaction Simulation products aim to protect institutional investors against increasing threats in the DeFi world.
Apr 24, 2024According to data source rwa.xyz, the number of addresses holding dollar- and crypto-pegged stablecoins increased by 15% this year to over 93.6 million, a record high. Stablecoins are cryptocurrencies with values tied to an external reference, such as the US dollar. They can be broadly categorized as fiat-backed, crypto-backed or algorithmic stablecoins. There are currently 35 stablecoins with a total market value exceeding $157 billion.
Apr 24, 2024Bitcoin (BTC) made a calm start to the new week and maintained its price level above $65,800. However, the developments after the halving, that is, the halving of the Bitcoin block reward, raised questions in the cryptocurrency market. Mempool.space data shows that medium-priority transactions currently incur a fee of $8.48, while high-priority transactions are charged around $9.32. These figures mark a dramatic drop compared to the exorbitant fees of $146 and $170 just after the halving.
Apr 22, 2024Transaction fees in Bitcoin have gone on a rollercoaster in recent days. Fees, which reached record levels on April 20, when the fourth Bitcoin halving took place, dropped sharply the next day, leaving question marks in the cryptocurrency market. Digging deeper into these fluctuations can reveal the dynamics in the Bitcoin network, the effects of the halving event on fees, and clues about the future of the crypto economy.
Apr 22, 2024