Bitcoin (BTC)

While Bitcoin continued to break records throughout 2023, the kiosks providing the option to acquire cryptocurrencies using cash or debit cards have been on a decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide has dwindled from 37,827 on January 1, 2023, to 33,628 on January 1, 2024, marking a noticeable decrease in just one year. Uncharacteristic Downturn in Bitcoin ATM Installation For a decade, the number of installed Bitcoin ATMs exhibited an...

The digital asset investment products experienced inflows of $2.25 billion throughout the entire 2023. This places it as the third-best year based on data dating back to 2017, with 2020 recording $6.6 billion and 2021 reaching $10.7 billion, according to the latest report by CoinShares. As such, the inflows for 2023 were 2.7 times higher than those observed in 2022, marking a substantial rebound for the asset class. The majority of this recovery occurred in the final quarter,...

Nevada has emerged as the leader in the United States for interest in spot Bitcoin ETFs (Exchange-Traded Funds), surpassing traditional financial hubs like New York and California. This insight comes from a recent study by CoinGecko, which used Google Trends data to analyze global and domestic interest in cryptocurrency investment vehicles from January 2019 to January 2024. Nevada Emerges as the Top US State The study points out that the United States, ranking within the top...

In the early hours of January 5, an intriguing Bitcoin transaction linked to Satoshi Nakamoto’s wallet stirred conversations in the community. An unknown user sent 26.9 BTC, valued at $1.17 million, to the Genesis wallet, the very first one ever created on the Bitcoin network. This transaction has sparked curiosity and speculation within the crypto space, as the funds are unlikely to be recovered. Mysterious Bitcoin Transaction to Genesis Wallet The sender initiated the...

Optimism over a Bitcoin ETF may not be as prevalent in mainstream financial circles as within the online crypto community, according to new survey results published by Bitwise. The crypto index fund provider – which itself is awaiting approval for its Bitcoin ETF application – said that only 39% of surveyed investment advisors believe an ETF will be approved in 2024. Advisors Doubt The Bitcoin ETF The survey took place between October 20 and December 18 – a period of...

After the highly volatile first business week of the new year, BTC has calmed slightly and remained at around $44,000. Most altcoins are also quieter today, but the weekly charts showcase a different story, with numerous ups and downs. BTC Stalls at $44K It’s safe to say that the first week of 2024 was quite eventful. It all started with a massive leg-up on Tuesday that drove the primary cryptocurrency to a 21-month peak at nearly $46,000, perhaps fueled by anticipations of...

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Marathon Digital Holdings achieved its highest monthly Bitcoin mining output ever by successfully mining 1,853 BTC in December. In an update this week, Marathon said it mined 12,852 BTC, worth over $563.4 million, last year, surpassing its mining production from 4,144 BTC in 2022 by more than three times. The Bitcoin miner also raised its average operational hash rate by 18% every month, reaching 22.4 EH/s. Bitcoin Production Surges Marathon’s chairman and CEO, Fred Thiel,...

Will Tether go public any time soon? What are the new CEO’s plans for the company? What is keet io? Why is the Bitcoin Lightning network the best BTC payment solution? These and many more questions were answered by Paolo Ardoino, the new chief exec of the company behind the world’s largest stablecoin, in a recent interview with CryptoPotato. Additionally, he spoke about another project of his – keet io, which serves as a peer-to-peer web conferencing tool. Last but not least,...

With Bitcoin (BTC) spot ETF approvals seemingly just days away, applicants are racing to seize investor attention – and cash – ahead of their competitors upon launch. From VanEck to HashDex to Bitwise, here are the commercials being pushed by billion-dollar asset managers to encourage hungry customers to buy Bitcoin. The Bitcoin Ad Campaign One of the first, most notable commercials came from Bitwise last month when it hired Jonathan Goldsmith to spice up its campaign....