Bitcoin (BTC)

Bitcoin miners are beginning to feel the adverse effects of the latest halving, with industry revenues at their lowest point since early 2023. The tighter profit margins raise questions about which industry firms can stay afloat during Bitcoin’s next halving epoch, as well as how Bitcoin’s market price might be impacted. Steep Decline In Miner Revenue According to data shared by on-chain analytics platform CryptoQuant, Bitcoin’s “Puell Multiple” plummeted sharply immediately...

While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014. However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have believed that Ethereum is an unregistered security for a long period of time. SEC and Gensler’s Beliefs Exposed According to the latest FOX report, court documents filed by...

According to Glassnode data, Runes transactions generated $117 million in cumulative Bitcoin network fee revenue post-halving, with $62.4 million amassed on the day of the halving itself. However, this rise proved to be short-lived, recent data reveals that on April 28, Runes transactions only contributed $1.03 million in fees. Runes Dominates Bitcoin Network Post-Halving On April 20, the day of the halving, transaction fees within the Bitcoin network saw a notable spike....

CoinspeakerGrayscale Shifts Over 4000 BTC to Coinbase Worth $245M Grayscale’s move to shift over 4000 BTC to Coinbase follows the steady fall in BTC price today. Grayscale Shifts Over 4000 BTC to Coinbase Worth $245M

CoinspeakerPublic-Listed Coal Miner Alliance Resource Partners Dabbles into Bitcoin Mining Popular coal miner Alliance Resource minted 425 Bitcoins by the end of Q1 by using the excess power generated at its facilities. The company has only those Bitcoins on its balance sheet that it minted and has not been actively involved in BTC buying. Public-Listed Coal Miner Alliance Resource Partners Dabbles into Bitcoin Mining

CoinspeakerSpot Bitcoin ETF Capital Exodus: US Offerings See $51.5M Outflow Despite these recent outflows, the accumulated total net inflows for the US-listed spot BTC ETF products stand at nearly $60 billion. Spot Bitcoin ETF Capital Exodus: US Offerings See $51.5M Outflow

The crypto market is gearing up for an exhilarating rally as Bitcoin begins its ascent. While macroeconomic factors are still in the wings, the market is witnessing significant developments, such as the upcoming Hong Kong ETFs and a wave of institutions either listing or preparing to list Bitcoin and Ethereum ETFs. This surge of institutional interest in cryptocurrencies is a testament to their growing acceptance and could provide a secure foundation for future...

Influential economist and analyst Henrik Zeberg has laid an enormous price tag on Bitcoin (BTC), setting the crypto space abuzz with expectations. In a video posted online, the economist suggested that Bitcoin (BTC) could hit a price value as high as $115,000 off the back of Bitcoin’s (BTC) RSI and a bullish run in the third quarter of the year. Bitcoin (BTC) To Sell For $115,000 By August? Economist Answers In a video posted on Trade Gate Hub, economist Henrik...

SOL price’s recent 5% increase indicates a shift toward a bullish market trend following a notable downturn.  This occurred just one month after the Bitcoin halving event, which has led to conjecture regarding Solana’s prospects for a strong market rebound. Observing this development, investors and market analysts analyze its potential impact on the larger cryptocurrency market. Near Protocol has also been on an upward trajectory as the recent developments have...

CoinspeakerHong Kong’s Spot Bitcoin and Ethereum ETFs Begin Trading, Here’s All You Need to Know Hong Kong previously listed three futures-based crypto ETFs in late 2022. Hong Kong’s Spot Bitcoin and Ethereum ETFs Begin Trading, Here’s All You Need to Know