According to pricing data from February 19, 2024, there has been a period of consolidation in the price of bitcoin following its recent peak of approximately $52,884. Technical data indicates that the top cryptocurrency asset is still rising and could be ready for another increase in value following this period of sideways trade. Charts with … Read more
Three additional U.S. states have sponsored the Blockchain Basics Act, a set of rules designed to protect people’s cryptocurrency rights at the state level: Mississippi, South Carolina, and Ohio. This action has led to the introduction of comparable cryptocurrency regulations in seven states, including Missouri, and their passage. The Blockchain Basics Act Regulation Now Applies … Read more
Since January 28, 2024, the number of daily transactions on the Bitcoin network has significantly decreased, peaking at over 600,000 and now hovering around 300,000 per day. This decline coincides with a reduction in the number of Ordinal inscriptions created each day, which eases congestion and lowers onchain costs overall. Bitcoin Network Activity Slows as … Read more
Over the last seven years, there have been several people in the cryptocurrency community who claim to be the real Satoshi Nakamoto, the person who created the first blockchain and wrote the Bitcoin white paper. However, none of them have been able to persuade the public that they are the real Bitcoin inventors, despite their … Read more
Many market observers and cryptocurrency fans are interested in knowing if there will be a brief drop in price before to the upcoming fourth halving event of the Bitcoin network. In the past, the value of bitcoin has increased six to seven months before reward halvings, but there has also always been a notable decline … Read more
According to a recent article, a number of cryptocurrency mining companies looking to open operations are showing interest in working with Denton Municipal power (DME), a community-driven nonprofit power provider in Texas. These businesses are looking to power their mining operations with a five-year agreement. Talks Between Texas’ Denton Municipal Electric and an Unidentified Crypto … Read more
The CEO of Sound Planning Group has projected a significant increase in the price of bitcoin, saying that it is set for “a serious rally.” He said that the adoption of spot bitcoin exchange-traded funds (ETFs) and the impending Bitcoin halving would be the main drivers of his optimistic forecast for the price of the … Read more
Wealthy Father, Poor Father According to author Robert Kiyosaki, gold will plummet below $1,200, but silver and bitcoin will soar. In his book from years ago, he predicted the “biggest crash in history,” and now he is urging investors to get ready for it. He counseled: “Rather than trust the Fed, I prefer to trust … Read more
The nine recently launched spot bitcoin exchange-traded funds (ETFs) have amassed an astounding 264,232.74 bitcoin in just 37 days, which, at current exchange rates, is worth $13.5 billion. With 115,989.80 bitcoins in its holdings, Blackrock’s IBIT ETF leads the field and possesses a sizable 43% of the total. Nine New ETFs Secure $13.5B in Bitcoin, … Read more
Dave Portnoy, the owner of Barstool Sports, is suffering from severe cryptocurrency remorse and wishes he hadn’t sold his bitcoin. Additionally, he wishes Barstool, his company, had made a $10 million cryptocurrency investment. “I’m really upset with myself over bitcoin. I should have about 75% more bitcoin now,” he emphasized. But Portnoy told Michael Saylor, … Read more