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Bitcoin (BTC)

Bitcoin Blunder: Somebody Just Lost $170,000 In BTC Transaction Fee

A lucky Bitcoin miner just enjoyed another splash of profits thanks to an abnormally high fee paid by one of the network’s users. Blockchain data shows that an unknown user paid 4 BTC ($172,000) in a transaction fee on Tuesday, dwarfing the amount actually needed to process the transfer. A Costly Blockchain Mistake According to mempool.space, the transaction itself only sent 2.9 BTC to the intended recipient, meaning the attached fee was over 133% the size of the transaction...

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Korean ‘Kimchi’ and Coinbase Premiums Indicate Possible Bitcoin Correction

Bitcoin is down by almost 10% as it continued to face an uphill battle following the approval of much-anticipated spot ETFs by the SEC. But relief for the flagship crypto-asset might not transpire just yet. In fact, the positive and negative movements of the Korean “Kimchi” Premium and the Coinbase Premium, respectively, signal a potential short-term correction in the Bitcoin market. Bitcoin: Short-Term Correction Imminent The Korea Premium Index (KPI) is a crucial metric for...

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Bybit: Bitcoin ETF Approval Marks Watershed Moment for Investors

Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market. Cryptocurrency exchange Bybit said on Tuesday that the recent approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States represents a “watershed moment” for retail investors. On January 10, 2024, the Securities and Exchange Commission (SEC) granted approval to 11 prominent financial companies, including Grayscale...

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BRC-20 Token Trading Volume Skyrockets 10x Since November 2023, Kaiko Reports

The trading volume for BRC-20 tokens has surged, rising from $10-15 million to over $500 million since November 2023, according to data from Kaiko. The data indicates a substantial increase in trading activity for tokens minted on the Bitcoin blockchain, with their volumes experiencing a tenfold growth since the close of 2023. BRC-20 Token Trading Volume Surge According to a report on January 15 by the Paris-based blockchain analytics firm, trading volumes for BRC-20 tokens...

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Bitcoin meetup à Montmartre

« Rejoignez-nous à cette soirée consacrée à Bitcoin. Venez partager, des idées, des connaissances, des questions, des histoires… Rencontrer la communauté vous permet d’apprendre, de comprendre et de progresser dans cet univers, des cryptomonnaies, qui mûrit et se consolide de plus en plus. » Où ? – Au N’Collin’s Pub, 47 Rue Lamarck à Paris Quand ? – Mercredi 17 janvier à partir de 18h00 En...

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Bitfinex Teams Up with Synonym to Introduce Bitcoin Lightning Network Feature

Prominent crypto exchange Bitfinex has announced a collaboration with Synonym to introduce a new feature that enables customers to purchase Lightning Network connections for instant deposits, withdrawals, and payments. The Lightning Channel feature is offered through Blocktank, a platform operated by Synonym, a subsidiary of Tether Holdings Limited. Bitfinex Teams Up With Synonym According to a press release shared with CryptoPotato, Bitfinex customers utilizing Lightning...

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Morgan Stanley: Bitcoin and CBDCs Threaten US Dollar’s Dominance as Global Currency

The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...

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Former BitMEX CEO Arthur Hayes Says Bitcoin ETFs Could Attract Billions of Dollars

While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. In a recent post on Tuesday, Arthur Hayes, Chief Investment Officer of the family office Maelstrom and former CEO of BitMEX, delves into the allure of Bitcoin (BTC) for investors, citing market inefficiency and its uncorrelated behavior with traditional assets as key factors attracting billions in capital from...

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Présentation en ligne du wallet Liana de Wizardsardine

Ce mercredi 17 janvier à 21h30, Aix Bitcoin organise avec @pythcoiner une présentation en ligne du wallet Liana de @wizardsardine. Objectif : « Apprendre comment cet outil permet d’améliorer la sécurité de ses fonds vis à vis des attaques extérieures ou des erreurs humaines et se protéger contre soi-même mais aussi envisager l’héritage désintermédié. » Il est fortement conseillé d’installer...

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Cardano (ADA) Price Analysis: Risk of Bearish Break Below $0.525

ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...

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