Throughout this year, the flagship cryptocurrency, bitcoin (BTC), has shown unparalleled resilience. Its performance positions it as one of the most efficient assets in the financial market this year. These are the conclusions of a recent crypto study conducted by Kaiko Research.
Russia is increasingly becoming one of the giants in crypto mining worldwide. This is evidenced by the news of the strategic expansion announced by the Russian mining firm BitCluster in the African continent. In January 2024, the company plans to expand to Ethiopia, where it intends to establish a state-of-the-art data center.
As the magic of the holiday season fills our hearts, another kind of magic is happening in the crypto sphere: the countdown to the launch of Bitcoin spot ETFs. With the US SEC setting December 29 as the ultimate deadline for filing applications, a true financial ballet is unfolding, where giants like BlackRock and Grayscale play leading roles.
Will Bitcoin experience an intoxicating rise or a chilling fall? With a fear and greed index at 73 and a price flirting with $43,016, predictions are as varied as snowflakes. Let's dive into this fascinating universe where cryptos and Christmas tales intersect.
Here is a small quiz created by TheMinerMag that will keep bitcoin miners busy during the quiet times of the holiday season.
The sale of NFTs issued on Bitcoin has seen remarkable growth in the past week, reaching $425.63 million.
No conditions will be imposed on these 'altruistic foreigners': they just need to make donations in BTC.
In the crypto arena, a new showdown is emerging between Coinbase and Senator Elizabeth Warren. At the heart of the discord are accusations of collusion between Coinbase and former government officials, aiming to influence crypto regulation. Coinbase's response, both firm and categorical, marks a new chapter in the debate on ethics and legitimacy within the cryptocurrency sector.
Pending SEC decision on Bitcoin ETFs, Coinbase warns of major risks associated with this digital asset!
The hashrate of Bitcoin mining has just reached a new historical record, indicating enhanced network security.
Bitcoin is gearing up for a high-voltage act. With the imminent arrival of the BTC Spot ETF, planned for early January 2024, markets are oscillating between excitement and apprehension. What looms on the horizon is a scenario where bitcoin could soar to unprecedented heights only to later plunge into the depths of volatility. It is a period where every investor must juggle boldness and caution.
Like VanEck, Bitwise, and Bitget before it, the Messari platform recently published a fairly comprehensive summary of the crypto industry in 2024. The company projects what it believes will be the major trends in this constantly developing market. Messari addresses almost all segments of the crypto industry in 10 key points, from investment to peer-to-peer infrastructure, layers-1, CeFi, DeFi, crypto products, and even the key figures to follow in the crypto sector in 2024. As you may have understood, Messari's projections, spanning 192 pages, aim for completeness. However, this article's goal is not to provide a comprehensive review, but rather to focus on some of the most relevant points mentioned.
Bitcoin is gearing up to cross a historic milestone in the world of institutional finance. As dawn approaches on January 10th, the crypto community holds its breath in anticipation of the SEC's much-anticipated approval of the first Spot ETF.
After a tumultuous year in 2022, the crypto market is experiencing a revival in 2023 with Bitcoin recently surpassing $40,000. The bullish trend is encouraging Web3 businesses to rehire.
As 2023 draws to a close, it's time for major projections about the trends that will dominate the crypto ecosystem in 2024. We have already presented VanEck's forecasts regarding the developments in this market next year. Keeping in line with providing you with an overview of the expected movements in this industry, we have also presented Bitwise's crypto predictions for this period. In the following lines, we will present Bitget's crypto speculation for 2024. What makes these forecasts unique is that they do not address the entire crypto industry, but rather focus solely on the ecosystem surrounding the flagship cryptocurrency: Bitcoin (BTC).
Since its spectacular rise on October 23rd, a day when it was flirting with $35,000, bitcoin has seen little decline. Today, the queen of cryptocurrencies surprised the community again by trading at $44,200. What can we expect from this change of pace?
Bitcoin is gearing up for anything. Veteran options market expert Jon Najarian predicts a turbulent future for BTC. According to him, the approval of an ETF would propel its value to new heights. However, this surge would be short-lived, quickly followed by a precipitous drop. These predictions blend regulatory excitement with technical analysis vigilance. They chart an uncertain path for the most iconic cryptocurrency.
Bitcoin advances with hands raised, braving the bullets targeting it from all sides. Recently, a US bill has emerged, aiming to restrict Bitcoin. This bill reveals a power struggle between traditional banks and the expanding crypto sector. The involvement of bankers in drafting this law has been unveiled. Faced with this announcement, the crypto community is in turmoil. It wonders: Is this a deliberate maneuver to hinder Bitcoin?
No one wants to sell their bitcoin: are we preparing for a new ATH?
Bitcoin is back in the arena of the US Congress. Senator Elizabeth Warren resumes her foregone crusade against "unhosted wallets".
The crypto sphere is an emotional rollercoaster, and recently, Bitcoin has shown why. With an impressive surge in its price, the crypto giant is generating as much excitement as concern. The recent dizzying ascent has highlighted a colossal risk: a massive liquidation of $700 million. In a universe where every rise might be the prelude to a spectacular fall, Bitcoin continues to keep investors on the edge of their seats.
Blockchain technology is revolutionizing various industries by providing transparent, secure, and efficient solutions for managing data and transactions. It has the potential to transform sectors such as finance, supply chain, healthcare, and many more. The decentralized nature of blockchain ensures that no single entity has control over the network, making it resistant to fraud and censorship. With its ability to automate trust and eliminate intermediaries, blockchain is paving the way for a new era of digital innovation.
At the heart of the buzz on Wall Street, Bitcoin finds itself in the spotlight with the potential entry of BlackRock through its new cash ETF. This breakthrough raises crucial questions: what implications will it have for the BTC market and what impact will it have on investors around the globe?
Ordinals and other inscriptions in Bitcoin transactions raise questions. Summary of the debate that has been raging for a few days.
Bitcoin ended the second week of December on a negative note, recording a 5% decline. However, it has started the new week on a positive note. Let's examine the future outlook for BTC's price together.
In a notable interview on CNBC, Michael Sonnenshein, the CEO of Grayscale Investments, makes a bold prediction: the upcoming approval of Bitcoin Spot ETFs could, in his view, open the way to a $30 trillion crypto market.
Fidelity, the second largest investment fund after Blackrock in the ETF race, sees bitcoin reaching 15 trillion dollars within seven years.
It seems that everything is coming together for Bitcoin to have an explosive year in 2024. This week has been more significant than most others in terms of the state of the markets. Two major events happened simultaneously with the release of the latest inflation data and the December meeting of the Federal Reserve, which announced plans for a rate cut.
Ethereum and Bitcoin are facing an unprecedented storm. Transaction fees on these networks have reached stratospheric levels, propelling the industry into an era of exorbitant fees. This situation, triggered by the rise of EVM inscriptions and ordinals, is radically transforming the use and perception of the world's two leading cryptocurrencies.
While Bitcoin is often seen as a young person's game, Bitwise Asset Management is changing the landscape. With the imminent approval of a BTC spot ETF, Bitwise is launching a bold advertising campaign. Targeting a broader audience, including Generation X, this campaign aims to educate and expand the perception of Bitcoin as a viable investment option.