Following the April 19 Bitcoin halving, the price of BTC has not been able to continue its upward trend; yet, the network has not stopped producing transactions and headlines. A significant portion of this activity has been attributed to Bitcoin Runes, a technology developed by Ordinals inventor Casey Rodarmor that became operational after the halving. … Read more
Animoca Brands, a Hong Kong-based developer of game software, is joining the Bitcoin BTC market by supporting the Opal Foundation, a fresh take on the Bitcoin ecosystem protocol. On April 30, Animoca Brands announced on X that the company is “coming to Bitcoin” and revealed its lofty goals of creating the “largest Web3 ecosystem” for … Read more
Bitcoin’s layer-2 solution, the Lightning Network, has been hailed as a game-changer for the greatest digital asset in the world, enabling faster and more affordable transactions. But despite its potential, adoption has been sluggish overall. The CEO and co-founder of Amboss, Jesse Shrader, was interviewed by Liam “Akiba” Wright and James Van Straten for the … Read more
MicroStrategy buys $1.65B in Bitcoin, now retains 1% of total supply despite revenue dip. As to MicroStrategy’s most recent financial reports, the company has substantially boosted its Bitcoin holdings, having bought an extra $1.65 billion in value in the first quarter. With the purchase of around 25,250 Bitcoin at an average cost of $65,232 apiece, … Read more
As it approaches the event’s closeout, Mollars’ initial coin offering is experiencing a surge in presales. The ICO stage of the new store-of-value asset, dubbed the “Bitcoin for Ethereum blockchain,” will end on May 1. Before the deadline, however, the creator is causing a commotion regarding the “secret” wallets of Ryoshi and Satoshi Nakamoto, the people … Read more
The “hash price,” a statistic that is crucial to the profitability of Bitcoin mining, has recently fallen to previously unheard-of levels, raising fears among the mining community. Hash price of Bitcoin plummets due to the most recent halving Expectations were high for a possible boost in miner revenue when Bitcoin experienced its fourth halving event … Read more
The price of Bitcoin found support at $61,800 and increased from there. After rising to $64,500, Bitcoin is now consolidating its gains around $63,500. Bitcoin Price Remains Constant The price of bitcoin began to drop below the pivot level of $63,500. Before the bulls appeared, Bitcoin fell below the $62,000 mark. At $61,774, a low … Read more
Hong Kong issuers of exchange-traded funds are unconcerned about the US crackdown on cryptocurrencies leading regulators to label Ether ETH as a security. Zhu Haokang, the head of digital asset management firm China Asset Management, and Wayne Huang, the head of custody firm OSL Digital Securities, addressed questions about the new institutional investment products at … Read more
Which three of these cryptocurrencies have the best chance of beating Bitcoin in May, according to BeInCrypto’s analysis? The Competition Is Still Open for Binance Coin (BNB) For more than a month and a half, the price of Binance Coin has been consolidating while trying to close over $640. The altcoin hasn’t succeeded in doing … Read more
With all the signs of central bank intervention, the sinking yen (JPY) abruptly changed course and spiked versus the dollar on Monday, causing Bitcoin (BTC) to trade at a modest premium on Japanese markets. According to TradingView graphing data, the bitcoin-JPY pair on the well-known Japanese cryptocurrency exchange bitFlyer traded at a premium of approximately … Read more