Wenn die letzten der 21 Millionen Bitcoin gemined worden sind, wird sich die Welt der Kryptowährungen wahrscheinlich grundlegend verändern. Bitcoin, die erste und bekannteste Kryptowährung, wurde so konzipiert, dass nur 21 Millionen Münzen jemals existieren werden. Diese Obergrenze ist ein wesentliches Merkmal, das dazu beiträgt, Inflation zu verhindern und Knappheit zu schaffen. Aber was passiert, wenn alle Bitcoins gemined sind? 1. Ende des Bitcoin-Mining Das Mining von neuen Bitcoins wird...
Read More »BlackRock Submits Revised Spot Bitcoin ETF Application to Allow Participation from Banks
The revised spot Bitcoin ETF proposal from BlackRock provides access to banks, allowing them participate via broker-dealers. Giant asset manager BlackRock Inc (NYSE: BLK) has submitted a revised version of its application for its iShares spot Bitcoin exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC). The revised application modifies BlackRock’s ETF, making it easier for Wall Street banks to participate. If approved, BlackRock’s ETF will allow...
Read More »Bitcoin Price: Donald Trump May Be Ultimate Catalyst
VanEck analysts correlate Trump’s predicted victory with a global backlash against what they term an “anti-growth agenda”. In a recent report, analysts at investment firm VanEck, Matthew Sigel and Patrick Bush, predicted that former US President Donald Trump’s likely return to the White House will spark a Bitcoin (BTC) rally, boosting its price to $100,000 by December 2024 atop a market capitalization of roughly $2 trillion. The analysts’ prediction comes on the heels of the recent...
Read More »BlackRock Updates ETF Application Inviting Wall Street Banks to Participate
BlackRock’s recent app update indicates their engagement with the SEC led by Gary Gensler on Dec. 11, marking the third meeting in a series held over the past few weeks. BlackRock Inc (NYSE: BLK) has implemented structural modifications in its application to launch a spot Bitcoin ETF in the US. The updated filing allows Wall Street banks to generate new shares in the fund using fiat currencies, expanding beyond cryptocurrencies. To participate, banks must acquire authorized participant...
Read More »Bitcoin Price Analysis: BTC Takes Hit To Trim Gains, $40K Is The Key
Bitcoin price started a downside correction from the $45,000 zone against the US Dollar. The price is now trading below $43,000 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $43,500 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $40,450 support zone. Bitcoin price is correcting lower below $43,000 against the US Dollar....
Read More »Bitcoin Mining Investment Commitments Hit $1.2B YTD as BTC Halving 2024 Approaches
Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion year-to-date. In its Miner Weekly report, BlocksBridge Consulting notes that since the year began, twelve public...
Read More »SEC, BlackRock, and Fidelity Iron Out Details for Potential Bitcoin ETF
As the SEC engages in detailed discussions with investment giants like BlackRock and Fidelity, the potential approval of a spot Bitcoin ETF seems to be moving closer to reality. The crypto market is abuzz following recent revelation that the Securities and Exchange Commission (SEC) engaged in discussions with major investment firms BlackRock Inc (NYSE: BLK) and Fidelity Investments, to iron out technical details for a potential spot Bitcoin Exchange-Traded Fund (ETF). Spot Bitcoin ETF and...
Read More »Active Addresses on Litecoin Network Reach Record High Four Months after LTC Halving
The number of daily transactions on the Litecoin network reached an all-time high of 1.09 million on November 14, surpassing even Bitcoin’s transaction count of around 523,284 at the same time. In a remarkable turn of events, the Litecoin (LTC) network has experienced an impressive surge in active addresses, achieving a new all-time high merely four months after the recent halving in August. As of December 8, 2023, blockchain data analytics company IntoTheBlock said the protocol had...
Read More »El Salvador’s Bitcoin-Backed Volcano Bonds Get Regulatory Approval
By securing outside funding support through the pioneering Volcano Bonds, El Salvador can continue progressing with Bitcoin integration across governmental services and society. El Salvador has successfully overcome a significant regulatory hurdle as it pursues the introduction of Bitcoin-backed sovereign debt instruments, referred to as “volcano bonds”. The nation’s Digital Assets Commission has provided the necessary approvals for the bonds to proceed, marking a significant milestone in...
Read More »Bitcoin wird immer resilienter: 2nd Layer und Auslagerung ins Weltall
Blockstream Satellite: Bitcoin blockchain broadcasts The Blockstream Satellite network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and providing areas without reliable internet connections with the opportunity to use Bitcoin. Bitcoin, die erste und bekannteste Kryptowährung, zeigt eine zunehmende Widerstandsfähigkeit durch die Implementierung von Second-Layer-Technologien und die...
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