Bitcoin (BTC)

After the recent surge in Bitcoin’s price and the successful breakout above the significant $30K resistance level, the market is now undergoing a period of consolidation. However, noteworthy signals are emerging during this phase. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has repeatedly tested the $30K level since breaking above it recently. While this level has provided support so far, there are concerning indications in the form of a...

With less than a year remaining until Bitcoin’s fourth ever halving, speculation has already begun on whether this one will be followed by the same or similar bull runs as the previous ones. In-depth data shows that the asset’s price performance has been rather identical before and after the last two such events. The Halving Effect Upon creating the network, the anonymous developer Satoshi Nakamoto incorporated an event called the halving, which occurs every 210,000 blocks...

Republican governor of Florida Ron DeSantis has thrown his hat into the presidential ring. He has filed the necessary paperwork with the Federal Election Commission (FEC) and has officially launched his 2024 campaign on Twitter. Ron DeSantis Has Entered the White House Race Like several of this year’s candidates, DeSantis appears to be very pro crypto, and is arguably hoping to garner some extra votes by saying a thing or two about the industry. In a recent...

Bitcoin (BTC)’s performance this year is modeling that of previous 4-year market cycles, signaling the early innings of another potential bull market, according to market analysis firm Reflexivity Research. The firm published a report this week exploring drivers behind the asset’s strong performance in Q2, examining both market structure and on-chain data. Who Is Buying Bitcoin? As the report states, Bitcoin’s present tailwind to two critical events this year: the banking...

Similar to previous weekends, bitcoin has calmed and failed to produce any substantial volatility in either direction during the weekend as the trading volumes have declined. Most altcoins are with insignificant daily increases and decreases, aside from BONE, INJ, and SHIB. BTC Stalls at $30K After the previous calm weekend, bitcoin finally went on the offensive on Tuesday but was stopped in its tracks at just over $31,000. The subsequent rejection drove it south down to...

One of the leading cryptocurrency mining companies – Marathon Digital – produced 979 BTC in June, 21% less than the 1,245 BTC mined in May. As of the end of last month, the company owned 12,538 BTC, making it one of the biggest corporate holders of the primary digital asset. The June Figures The US-based BTC miner announced that the extremely hot weather in Texas last month and the emergence of Ordinals, which “significantly increased transaction fees,” have negatively...

Bulletin d’information hebdomadaire Bitcoin Optech du 21 juin 2023 traduit par@copinmalin. Le bulletin de cette semaine résume une discussion sur l’extension des factures BOLT11 pour demander deux paiements. Vous y trouverez également une autre contribution à notre série hebdomadaire limitée sur la politique de mempool, ainsi que nos sections régulières décrivant les mises à jour des clients et des services, les nouvelles versions et...

The first Bitcoin ETF application was filed way back in 2013 by Cameron and Tyler Winklevoss. However, the US regulators have not approved any such application to date.  But now, they are seemingly under tremendous pressure, with some of the biggest players in traditional finance throwing their hats in the ring. Race for BTC ETF Hots Up  In the latest, the world’s largest fund manager – BlackRock – filed on June 15 for a spot Bitcoin investment trust fund through iShares, the...

Olaoluwa Osuntokun et Michael Levin de Lightning Labs ont annoncé jeudi la sortie d’un ensemble de solutions permettant aux développeurs d’IA et aux développeurs Lightning de créer des outils LLM (Large Language Model) intégrant Bitcoin et le Lightning Network. « En portant notre attention sur les plateformes LLM populaires, nous avons constaté que les modèles les plus puissants sont protégés par...

Bitcoin (BTC) has treated its faithful well in 2023, having appreciated over 80% year to date. However, there may be better ways for investors to capitalize on the asset’s success besides stacking actual sats. Here’s a look at how some Bitcoin-related assets and companies are performing next to BTC, from financial companies to mining stocks. Mining Stocks Are Booming Shares for multiple publicly traded Bitcoin miners surged on Friday, including CleanSpark (CLSK; 11.32%), Riot...