On Monday, the value of Bitcoin on the spot market surged above $49K, escaping the day’s early trading boundaries. With a 3.7% gain in the last day and a noteworthy 15.6% climb over the course of the week, the top digital currency by market cap quickly hit $50,000. Bitcoin Breaks the $49K Barrier, and Bulls … Read more
The Bitcoin network’s halving event is less than 10,000 blocks away from happening, according on the most recent data. According to more research, the halves is expected to occur between April 19 and April 21, 2024. Following the halving, block rewards will drop from the current rate of 6.25 bitcoins per block to 3.125 bitcoins … Read more
Bitcoin is showing strong upward momentum as of February 12, 2024, as seen by the huge increase it made on Sunday from $47,593 to $48,814 on multiple charts. The next Monday, there was $21.57 billion in trading volume for bitcoin, and its market value had increased to $939 billion. As of right now, the rising … Read more
The nine recently formed exchange-traded funds (ETFs) have acquired 6,009.49 bitcoin, or over $288 million, since the end of the spot bitcoin ETF trading sessions on February 9, 2024. Grayscale’s Bitcoin Trust (GBTC), which developed into an exchange-traded vehicle that is publicly traded, has concurrently sold out roughly 2,252.2 bitcoin, or nearly $108 million. As … Read more
The price of bitcoin reached all-time highs on Saturday, February 10, 2024, surpassing $48K, as of December 28, 2021. The top cryptocurrency on Sunday continued its strong upward trend, steadily rising past the recently set price threshold. The value of the cryptocurrency asset has increased by more than 2.6% in the last day and more … Read more