Prior to the halving, there was conjecture, as evidenced by the rise in price of Bitcoin Cash of 147.85% during the previous three months. It had a little decline prior to the event, but it rapidly rebounded. Following the completion of the blockchain’s second halving, which saw mining incentives cut in half, Bitcoin Cash experienced … Read more
Due to the extraordinary rates at which capital has been pouring into the coin, on-chain data indicates that the Bitcoin Realized Cap has reached a new all-time high (ATH). The $540 billion mark was recently crossed by the bitcoin realized cap.The on-chain analytics company Glassnode covered the current movement in the “Realized Cap” of Bitcoin … Read more
The last six months have seen a price increase of over 140% for Bitcoin ($BTC), which has made holding the cryptocurrency profitable for most investors. Based on current prices, just 0.16% of the trading days in the last 3,732 have seen losses for investors. This tenacity emphasizes the strategic benefit of keeping Bitcoin during erratic … Read more
The native token driving StakeLayer’s platform, $STAKE, is going to be distributed in advance of the pre-sale. StakeLayer is a pioneer in Bitcoin L2 Restaking solutions. An important step has been taken in StakeLayer’s quest to enable Bitcoin users to fully utilize DeFi: the pre-sale. The foundation of the StakeLayer ecosystem is $STAKE, which makes a … Read more
One of the top cryptocurrency exchanges, Binance, declared that it will assist the Neutron (NTRN) network upgrade, which is scheduled to begin on April 10, 2024, at about 17:30. The Neutron (NTRN) Network Upgrade Will Be Facilitated by BinanceTo facilitate a seamless transition and the best possible user experience, Binance will temporarily halt token deposits … Read more
With a stunning $111 billion traded, bitcoin spot ETFs experienced record monthly activity in March, tripling figures from the previous two months. Bitcoin ETF: Incredible Achievement When the funds first went live in January, they traded about $25 billion, and together they traded about $42 billion in February. Since then, the Grayscale Bitcoin Trust (GBTC) … Read more
Prominent stablecoin issuer Tether, the business behind the biggest stablecoin in the world, USDT, has covertly added 8,888.888 BTC to its holdings for a total of about $618 million, bringing its total holdings of Bitcoin to approximately 75,354 BTC. With around $5 billion worth of the flagship cryptocurrency stored in it, the company’s purported Bitcoin holdings … Read more
Many forecasts were circulating up until yesterday suggesting that before the halving, the price of Bitcoin might have hit new all-time highs. But after yesterday, this prediction doesn’t seem as plausible. The decrease in Bitcoin prices despite pre-halving forecasts Bitcoin’s price fell after hitting an all-time high of $73,800 on March 14. It had rebounded … Read more
The government of Argentina, headed by President Javier Milei, a libertarian and anarcho-capitalist, has enacted a new law requiring a mandatory Registry of Virtual Asset Service Providers. The Comisión Nacional de Valores (CNV) made this announcement in late March, which goes against Milei’s administration’s previously assumed support for Bitcoin. It has also caused a stir … Read more
Last Monday, Bitcoin’s annualized 30-day historical volatility reached around 60%, more than ten percentage points more than ether’s 30-day realized volatility. Data from Paris-based Kaiko shows that this is the largest differential in volatility spread in at least a year. The degree of price volatility that has been seen during a certain period can be … Read more