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Bitcoin (BTC)

Bitcoin Breaks Daily Transaction Record Days After Halving

In yet another milestone for the Bitcoin network, its daily transactions peaked at 927,000, surpassing the previous record of 724,000 set in December 2023, according to findings by Intotheblock. The launch of Runes sparked a rapid increase, demonstrating growing interest and utility in cryptocurrencies, setting a new all-time high in Bitcoin’s transaction activity. Runes, a new token standard on the Bitcoin blockchain, has dominated transactions since its launch following the...

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Bitcoin Cannot Grow Without the Spot Bitcoin ETFs: Report

Spot Bitcoin ETFs have been a major catalyst in driving BTC to establish an all-time high months before its fourth halving. According to a new report by Ecoinometrics, Bitcoin cannot grow further without those products. These funds appear to have “stopped accumulating coins” (in aggregate) for more than a month, which can be a cause of concern for the leading asset’s future price trajectory. Bitcoin’s Growth Hinges on ETFs From January to mid-March, spot Bitcoin ETFs managed...

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Altcoins Crash Once More as Bitcoin (BTC) Slips to $63K (Weekend Watch)

Bitcoin’s price recovery attempts from the business week have come to a halt as the asset slumped to $62,400 earlier before bouncing off to around $63,000 as of now. The altcoins are in no better shape, with most of the market turning red today. The total crypto market cap is down by $150 billion in two days. BTC Dumps to $63K Bitcoin’s price actions before and after the fourth halving, which was completed last Friday, have been quite underwhelming. The asset recovered some...

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Pantera Capital’s Fund V Targets $1 Billion for Diverse Blockchain Investments

Pantera Capital is seeking to secure $1 billion for its new fund, ‘The Panter Fund V. ‘ It is designed to provide investors with exposure to a wide range of blockchain-based assets. A new report by Bloomberg revealed that the new fund is expected to launch in April 2025. Pantera Fund V The Pantera Fund V has been designed to be an all-encompassing product, differing from the digital asset investment manager’s previous funds with more specific investment focuses such as the...

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Rare ‘Epic Sat’ from Bitcoin’s Fourth Halving Block Sold for Over $2 Million

An “epic sat,” an extremely rare satoshi (the smallest unit of Bitcoin) from the network’s fourth halving block, was recently sold for over $2 million. On April 25, the crypto mining pool ViaBTC successfully auctioned off “Sat 1,968,750,000,000,000” for 33.3 BTC, approximately $2.13 million, on the cryptocurrency exchange CoinEx Global. ViaBTC’s Rare Satoshi Auctioned CoinEx Global announced that its partner, the ViaBTC mining pool, successfully mined the 840,000th block....

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Strike CEO Predicts $1 Million BTC Amid COVID-Level Money Printing

Bitcoin could be headed to $1 million after a tsunami of newly printed cash drives up all asset prices, according to Strike CEO Jack Mallers. The executive, whose payments app lets people remit fiat currency around the world on Bitcoin rails, said in a Friday interview that money printing will be required to bail out the U.S. bond market, which he claims is “in trouble for the first time in modern financial history.” A Recipe For Money Printing According to Mallers, the U.S....

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Acinq retire préventivement Phoenix des magasins d’applications aux Etats-Unis

Suite aux dernières menaces du FBI contre les services de transfert de cryptomonnaies, Acinq a décidé de retirer préventivement Phoenix Wallet des magasins d’applications de Google et d‘Apple aux Etats-Unis. « Le 3 mai 2024, Phoenix Wallet sera supprimé des magasins d’applications américains. Les utilisateurs américains doivent vider leur portefeuille : – Paramètres > Fermer les chaînes...

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OSL Strengthens Partnership with Solomon JFZ Ahead of Hong Kong ETF Launch

CoinspeakerOSL Strengthens Partnership with Solomon JFZ Ahead of Hong Kong ETF Launch OSL chairman of the board and CEO Patrick Pan said in a statement that the approval of the crypto ETFs in Hong Kong is seen as a “major enhancement” for the country's financial economy. OSL Strengthens Partnership with Solomon JFZ Ahead of Hong Kong ETF Launch

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Exchange Inflow Surge: Are Bitcoin Whales Taking Profits?

Bitcoin whales appear to be realizing their profits from BTC’s latest rally, as on-chain analysts have identified a surge in inflows to centralized crypto exchanges. According to a CryptoQuant Quicktake by anonymous crypto analyst Phi Deltalytics, BTC whale inflows to exchanges currently constitute a substantial portion of overall flows to trading platforms. Whales May Be Taking Profits A separate Quicktake from analyst Woominkyu on April 25 revealed that the unrealized...

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