Cybersecurity Bitcoin has broken above the $66,000 price, confirming rising bullish sentiment. Recent reports reveal that Bitcoin whales have accumulated over 3,400 coins amid the improving market sentiment. This increase in whale activity confirms massive investor interest in Bitcoin, signalling a potential rally ahead. According to data from HODL15Capital, a whale address has purchased 255...
Cybersecurity When the Ordinals system was first released, it divided bitcoiners. Inscriptions were a near-instant hit, but some felt they were a bastardization of bitcoin’s true purpose—as a system for peer-to-peer payments—or had a “reflexive allergic reaction,” says Rodarmor, to anything that so much as resembled an NFT. The enthusiasm for inscriptions resulted in network...
Cybersecurity During an interview on Pirate Wires, Twitter co-founder Jack Dorsey expressed optimism about Bitcoin BTC’s long-term value. Dorsey believes Bitcoin’s price could rise to $1 million and beyond by 2030. He also shared why he quit his position on the board of Bluesky, a decentralized Twitter alternative launched in 2019. Jack Dorsey Believes Bitcoin...
Cybersecurity Bitcoin, the flagship cryptocurrency, recently stumbled below the critical threshold of $60,000, dragging the broader market along with it. This drop rattled investors and experts, triggering discussions about the market’s future trajectory. However, some have prepared their minds, believing Bitcoin could witness more declines. A Standard Chartered Bank analyst states that this present decline...
Cybersecurity Bitcoin critic Peter Schiff questioned the token’s functionality as a digital asset following the recent halving event. He hinted that Bitcoin’s post-halving brought no significant change, contrary to many expectations. Schiff mocked BTC holders, stating that the value of their total token holdings would decline by half. However, several community members slashed back on...
Ohio Recently, the entire cryptocurrency market bled amid intensifying conflict between Iran and Israel. Bitcoin plummeted below $60,000, reaching a low of $59,700. Altcoins followed the trend, with ETH dropping below $2,900. However, with less than 24 hours to the historic Bitcoin halving, market dynamics seem to have turned positive. Bitcoin is trading at $64,600, representing...
Cybersecurity By the end of Friday, the size of the reward for mining bitcoin will have been cut in half. The event—known as the halving—takes place roughly once every four years, and it can be fatal for the mining companies that compete for the newly minted cryptocurrency. “You don’t see that in any other industry,”...
Cybersecurity The cryptocurrency market has experienced increased volatility in recent days, and the Shiba Inu token is one affected asset. Over the weekend, the price of Shiba Inu plunged to around $0.000018, a staggering 25% drop from its intraday high of $0.00002492. This sharp decline was primarily driven by Bitcoin’s retest of the $60,000 range...
Cincinnati Hong Kong, a special administrative region in China, is widening its crypto adoption by including additional products. The region is preparing to approve a spot Bitcoin ETF, expected to attract about $25 billion from Chinese investors. Based on reports from a crypto firm, the ETF listing will come through the Southbound Stock Connect Program. Hong...
Ohio According to the latest data from a data analytics platform, CoinGlass, there has been a significant inflow into Bitcoin (ETFs). The net total inflow amounted to 1.29K BTC, equivalent to $91.30 million. This surge in Bitcoin ETF inflows suggests that investors have a strong appetite for exposure to the leading cryptocurrency. Potential Drivers of...