Bitcoin (BTC)

Although Taproot took some time to gain momentum, its use cases have continued to grow since integrating Bitcoin-based Ordinal inscriptions and its November 2021 implementation with Bitcoin. This article will delve deeper into the use cases for Taproot, focusing on Ordinal inscriptions and stablecoins built on Bitcoin, to better understand the innovative new features it brings to the table. Bitcoin-Based Ordinal Inscriptions Ordinal inscriptions present a groundbreaking...

As the crypto arena is never static, projects continually evolve and adapt to meet the demands of an ever-expanding user base. Bitcoin forks have played a significant role, giving rise to unique and innovative digital currencies to tackle the fast-paced crypto arena. Bitcoin Spark (BTCS) and Bitcoin SV (BSV) are prominent players in this ongoing transformation. These digital assets are redefining Bitcoin forks with their distinctive features poised to make a significant...

Bitcoin’s price has expanded considerably throughout the past week, charting an increase of around 15%. We take a look at some of the important technical levels and whether or not the rally has any future potential. By Shayan Recently, Bitcoin made a decisive breakout above the crucial 100 and 200-day moving averages and surpassed its yearly high at $32K, reinstating bullish sentiment in the market. Currently, Bitcoin faces a significant resistance region, suggesting the...

TL;DR Bitcoin’s Recent Surge: A 15% price increase over a week, linked to a Bitcoin ETF ticker by BlackRock appearing on a key website, boosting market sentiment. Spot Bitcoin ETF Significance: It is seen as a potential catalyst for a bull run. ChatGPT’s Outlook: For a $1 million Bitcoin price by 2024, multiple factors, especially the 2024 Bitcoin halving, could drive such growth. Bitcoin’s price has been the subject of massive debates throughout the years, especially when...

Bitcoin’s price slipped under the $34,000 level but the bulls managed to intercept the move and the asset stands just north of it as of now. Several altcoins have outperformed the largest cryptocurrency, including Chainlink, Aptos, and Cardano. BTC Back Above $34K Bitcoin is at the end of one of its most favorable and positive trading weeks in a long time. It all began on Monday when BTC finally reclaimed decisively the $30,000 level. By the end of the day and on Tuesday...

Crypto exchange Kraken has confirmed that it plans to close all trading, deposits, and withdrawals for Tether USD (USDT), Wrapped Bitcoin (WBTC), and other reserve-backed assets in Canada. The suspension follows a similar stablecoin clampdown at other Canadian exchanges, amid regulatory guidance pertaining to the legal standing of such tokens. No More Value-Pegged Tokens At Kraken According to an email received by CryptoPotato from Kraken on Friday, the firm is now “required”...

October witnessed significant advancements in the industry owing to the launch of six ETH Futures ETFs, offering investors a chance to delve into Ether futures. Bitcoin responded positively to the developments. Further gains were fueled by speculations about BlackRock’s application approval of a spot BTC ETF in the United States. As a result, the total assets under management (AUM) for digital asset products surged by 6.74%, reaching $31.7 billion in October. This represented...

The United States Court of Appeals for the Eleventh Circuit has ruled in favor of self-proclaimed Bitcoin creator Craig Wright in his legal dispute with Ira Kleiman over rights to bitcoin (BTC) worth billions of dollars. According to an official document, the Appeal Court ruled that the district court’s verdict would stand as there is no proof it relied on an erroneous legal standard and that there would be no new trial for the case. Wright’s Bitcoin Ownership Dispute In...

The market is seemingly starting to wake up, and enthusiasm is as high as it’s ever been this year. The industry added another $140 billion to its capitalization throughout the last seven days on the back of considerable gains across the board. Starting off with Bitcoin’s price, it’s up a whopping 14.3% in the past week, currently trading at around $34,000 at the time of this writing. Last weekend was relatively slow, but it all changed on Tuesday when the price exploded...

Traduction d’un article publié le 25 octobre 2023 par Elliptic, une société spécialisée dans l’analyse de blockchain. « Les terribles événements du 7 octobre ont une fois de plus mis en lumière la manière dont des groupes terroristes tels que le Hamas collectent des fonds pour financer leurs opérations. Au cours des dernières années, le mouvement a commencé à expérimenter les cryptomonnaies comme moyen de financement participatif auprès...