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Tag Archives: BTC

USDT Issuer Tether to Enhance Reserves via Regular Bitcoin Purchase

Stablecoin issuer Tether has announced plans to purchase Bitcoin with 15% of realized operating profits routinely. Tether International Limited (Tether) seeks to further consolidate its reserves by purchasing Bitcoin (BTC) with its operating profits. An official post states that beginning this month, the stablecoin company will regularly allocate up to 15% of its realized net operating gains toward BTC purchases. The report also states that Tether does not see current and future BTC...

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Ripple’s XRP Experiences 8% Price Pump Following Latest Court Twist

Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC.  Ripple native token XRP recently experienced an 8% price pump following a seemingly ‘favorable’ court ruling. The digital currency’s jump came after the presiding judge in the long-drawn-out Ripple vs SEC case denied a motion filed by the regulator. Ripple’s XRP traded at 46 US cents at 12:45 pm Singapore time Wednesday. Furthermore, XRP’s recent price upswing...

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Bitcoin Blockchain’s Average Transaction Fees Surged 900% In the Last 3 Months to Stand at $15.65

To da moon? Bitcoin Average Transaction Fees Per a BanklessTimes.com report, average BTC transaction fees were around $1.5 on February 10, 2023. But these had jumped to $15.56 on May 10, 2023. The primary reason behind this drastic increase is the introduction of Ordinals onto the Bitcoin Network. Ordinals are a new integration into Bitcoin’s blockchain, supporting the creation of non-fungible tokens (NFTs) and BRC-20 tokens. The latter is central...

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Was sind die Vorteile von Bitcoin?

Bitcoin bietet eine Reihe von Vorteilen gegenüber traditionellen Währungen und Zahlungssystemen. Hier sind einige der wichtigsten Vorteile von Bitcoin: Dezentralisierung: Bitcoin ist dezentralisiert und wird von keiner zentralen Behörde oder Institution kontrolliert. Dies bedeutet, dass es keine Einmischung von Regierungen oder Finanzinstituten gibt und Benutzer volle Kontrolle über ihre Gelder haben. Schnelle und billige Transaktionen:...

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Wie kann man Bitcoin sicher aufbewahren?

Da Bitcoin eine dezentralisierte digitale Währung ist, müssen Benutzer besondere Vorsichtsmaßnahmen ergreifen, um ihre Bitcoins sicher aufzubewahren. Hier sind einige Möglichkeiten, wie Benutzer ihre Bitcoin-Wallets sicher halten können: Verwenden Sie eine Hardware-Wallet: Hardware-Wallets sind physische Geräte, die private Schlüssel sicher aufbewahren und Transaktionen offline signieren können. Diese Wallets sind schwerer zu hacken als...

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Bitcoin Startup River Raises $35 Million in Series B Funding Round

Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way. River, a Bitcoin technology and financial services startup, has completed a $35 million Series B funding round. This follows after its $12 million Series A round in 2021. The new round was led by Kingsway Capital and also saw participation from contributors such as Alarko Ventures, Valor Equity Partners, Goldcrest, Cygni,...

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Bitcoin Price Analysis: BTC Faces Uphill Task Near $27,250

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price is correcting losses from the $26,000 zone against the US Dollar. The price is now trading near $27,000 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $27,250 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair...

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Bitcoin Preferred to Dollar and Yen as Safe-Haven Option amid Higher US Debt-Limit Default Risks

Amid mounting debt-limit default risks, US investors have turned to Bitcoin as ‘digital gold’ to better hedge their savings.  Amid rising debt-limit default risks, Bitcoin (BTC) is the preferred safe-haven asset compared to other established global fiat currencies. A recent report stated that investors have turned to BTC to hedge their investments, compared to the US dollar, Japanese yen, or Swiss franc-yielding assets. In addition, Bitcoin’s growing popularity as a veritable option rivals...

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Litecoin (LTC) on Bullish Run after Lightning Network Integration

Litecoin has been gaining some momentum since the start of the year with a focus on its next Halving event which is a few months away. Litecoin (LTC) is seeing a parabolic run through its price today as the protocol has unveiled a major milestone underpinning the network. As reported by several media today, Litecoin has also integrated the Lightning Network as it looks to leverage the ultimate scaling solution that has helped the Bitcoin network beat its congestion woes in recent times....

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Analysts: The Banking Crisis Proved the Points of Many BTC Fans

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The banking crisis in America and Europe – which appears to be drawing back somewhat at the time of writing – truly vindicated several BTC and Ethereum believers according to many analysts in the industry. BTC Fanatics Have Been Proven Right The banking crisis saw at least three separate institutions in the...

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