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Bitcoin (BTC)

How Bitcoin Mining Could Actually Make The Earth Greener (Opinion)

Bitcoin hash rate continues to chart astounding record highs just weeks before the fourth halving. Meanwhile, critics worry Bitcoin mining could be hazardous to the environment. That hasn’t stopped the price from soaring to a multi-year record high of $46,670, 67% of its historical all-time high price of $69,000 in November 2021. However, according to a recent analysis by the U.S. Energy Information Administration, Bitcoin miners in the United States alone use as much...

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Bitcoin Price Recovers as Demand Remains Positive: CryptoQuant

Bitcoin’s (BTC) price has recovered after plunging to an undervalued territory a week ago. Amid the price fluctuations, the asset’s demand has remained positive. A weekly report from on-chain analytics platform CryptoQuant shared with CryptoPotato revealed that BTC’s price may have bottomed as its latest descent crushed the short-term holders’ unrealized profit margins to 0%. Bitcoin Reaches Undervalued Territory On January 23, bitcoin touched a two-month low of $38,000,...

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Binance Unveils Marketplace for Inscriptions Tokens

Binance, the world’s largest crypto trading platform, has announced the launch of a marketplace for inscription tokens to facilitate the buying, selling, and minting of a wide range of such assets. According to a press release seen by CryptoPotato, the Binance Inscriptions Marketplace leverages the application programming interface (API) of UniSat, a Bitcoin inscriptions market and wallet provider, and is hosted within the Binance Web3 Wallet. Binance Launches Inscriptions...

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3 Reasons China Should Repeal Bitcoin Ban (Opinion)

China’s economy grew 5.2% in 2023, but its stock market took a 10% tumble for the year. Meanwhile, some Chinese investors sought shelter in cryptocurrency despite the government’s Bitcoin ban. These brave souls were not unpatriotic, nor was their investment in Bitcoin against the fundamental principles of Chinese communism. In fact, they are on to something that most of the world’s governments have been slow to grok: Bitcoin represents an ideal store of value beyond borders...

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De la Propriété et de la Souveraineté

« La nature (philosophique ou juridique) de la propriété est un thème qui suscite chez certains bitcoineurs, depuis le début, des positions que l’on peut juger absolutistes et parfois mal informées. Pour un oui ou pour un non, certains invoquent les mots de la Déclaration des Droits de l’Homme et du Citoyen : la propriété est aux termes de son article 2 un droit naturel et imprescriptible et aux...

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Bitcoin Accumulation Trend Hits 3-Year High As Cardano and NuggetRush Show Positive Signs

As a major bull market is speculated for Bitcoin (BTC), investors have been on an accumulation spree, with purchases reaching a three-year high. Currently, Cardano (ADA) and NuggetRush (NUGX) have emerged as interesting coins as well. >> Visit NuggetRush Presale << Bitcoin (BTC) Accumulation Trend Hits 3-Year High Although January offered a mix of bullish and bearish sentiments, crypto investors appear to be expecting a major bullish trend in 2024. This can be...

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Next Bull Market Predictions: Bitget Study Forecasts Bitcoin Prices Exceeding $150,000

A recently released study by Bitget focusing on the upcoming Bitcoin halving event indicated a positive outlook as market conditions continue to recover. With the Bitcoin halving scheduled for April 2024, investors across the world are carefully analyzing its potential impact on their investment decisions. The research involved a diverse array of contributors hailing from West Europe, East Europe, South East Asia, East Asia, MENA, and Latin America, comprising a total of...

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Did Bitcoin (BTC) Price Indeed Bottom After the Unrealistic ETF-Related Market Expectations? (Analysis)

The US Securities and Exchange Commission made history in mid-January when it finally approved nearly a dozen spot BTC ETFs to launch on local exchanges after a decade of delays and rejections. There was a big price run-up ahead of the approvals that resulted in a highly positive Q4 ’23 for BTC. However, the landscape changed on the day the ETFs launched in the US, and Bitcoin slumped by over ten grand in the following weeks. Has the asset finally bottomed? The ETF Aftermath...

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Bitcoin’s Price Stands Still but These BTC Wallets Are Making Big Moves: Data

Bitcoin’s price actions in the past several days have been quite uneventful, with little to no movements after last week’s recovery from the sub-$40,000 dip. However, data from Santiment shows that some of the largest investors have been using this moment to move sizeable portions of their holdings. 🐳 #Bitcoin is ranging between $41K and $44K, but whale wallets are moving big this week: 🔴 Number of 1K-10K $BTC Wallets: 1,958 on Feb. 1st (Most since November, 2022)🟡 Number of...

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