With Bitcoin Currently, the price of Bitcoin fluctuates between $58,000 and $60,500, so determining the flagship cryptocurrency’s peak in the current bullish trend has been a major challenge. However, one cryptocurrency analyst has shed light on Bitcoin’s current stage, offering an intriguing prediction about the coin’s potential to reach unprecedented heights in the coming months, … Read more
Chun Wang, co-founder of Bitcoin mining pool f2pool and a well-known figure in the Bitcoin community, is set to command SpaceX’s first manned space mission to explore Earth’s polar regions from orbit. Wang, who began mining Bitcoin in 2011, said he has been enthusiastically preparing for this mission for the past 2.5 years and has … Read more
4 minutes reading time Last update: August 13, 2024 | 11:57 am IS Cryptocurrencies are an asset class that operates without a central regulatory authority. They are decentralized and that is their distinctive feature. But the uninitiated often ask a crucial question: how to convert the digital asset into a legal tender like the Indian … Read more
Image credited to: Cointelegraph.com Welcome to your daily dose of today’s latest Bitcoin news! Buckle up as we dive into a whirlwind of updates, market moves, and predictions that are shaping the cryptocurrency landscape. First of all, we have a report from Cointelegraph The report details how Bitcoin trading volume is becoming increasingly concentrated on … Read more
In a recent speech to the Texas Blockchain Council, U.S. Senator Ted Cruz referred to Bitcoin as an energy security blanket for Texas’ grid infrastructure. Cruz described Bitcoin (Bitcoin) as an “energy store,” suggesting it could serve as an energy safety net for the state’s grid infrastructure during extreme weather events or times of economic … Read more
Key points Tether invests $3M in Kem app to introduce USDT and boost cryptocurrency adoption in the Middle East. The MENA region is the sixth largest crypto economy with $389.8 billion in on-chain value from July 2022 to June 2023. Share this article Tether Operations Limited is Invest $3 million in Kem, a money transfer … Read more
The cryptocurrency market is facing a growing liquidity crisis, as evidenced by the significant price drops seen during recent sell-offs. According to research by Kaiko, the current issue of liquidity fragmentation on cryptocurrency exchanges has led to notable price discrepancies, particularly during periods of market stress. Price slippage Liquidity fragmentation refers to the uneven distribution … Read more
In a new rehearsalArthur Hayes, co-founder of cryptocurrency exchange BitMEX, has outlined a bullish future for Bitcoin and altcoins. His analysis, focusing on the interplay between government liquidity operations and asset prices, suggests an imminent bull market in the cryptocurrency space, fueled by strategic fiscal maneuvers by the US Treasury. When will the Bitcoin bull … Read more
He Ethereum Network continues to demonstrate its notable presence in the cryptocurrency landscape with its scaling progress that popular market expert and Onchain Foundation Head of Research Leon Weidmann has declared with unstoppable confidence, highlighting his belief in the network’s potential to revolutionize the sector. Ethereum Scaling Prevails Amid High Market Volatility In bold statementOnchain … Read more
Metaplaneta publicly traded Japanese investment firm, purchased an additional ¥500 million ($3.4 million) worth of bitcoins. This brings the total number of bitcoins held by the company to 303, acquired for 2.95 billion yen ($20 million). BREAKING: 🇯🇵 Metaplanet buys another ¥500 million in shares #Bitcoin image.twitter.com/dfGWwqNBXw — Bitcoin Magazine (@BitcoinMagazine) August 13, 2024 On … Read more
