A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging previous assumptions about blockchain vulnerability. Unveiling the Cost of Compromise: […] Source: https://news.bitcoin.com/new-study-unveils-the-total-cost-to-attack-bitcoin-and-ethereum/
Bitcoin is booming, investor interest in BTC derivatives is fast approaching an all-time high, and crypto exchanges are reaping the benefits of a surge in Bitcoin trading activity. So why has Binance already arrived at the seemingly urgent “free car giveaway” stage of business development? On Friday, the crypto exchange announced its Futures Ultimate Challenge, a month-long initiative to increase…
PRESS RELEASE. February 16, 2024 – I Am Hip Hop TV, a pioneering startup dedicated to revolutionizing digital media distribution, announces its strategic approach to enhancing brand visibility and driving engagement across major social media platforms. With a focus on inciting meaningful user interaction that translates into increased awareness and sales conversions, the company has […] Source: https://news.bitcoin.com/i-am-hip-hop-tv-redefines-digital-media-distribution-landscape/
This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that its self-mining business has escalated to 7.6 exahash per second (EH/s) this month. Concurrently, Cleanspark announced an enhancement in its fleet-wide operating hashrate, surpassing 14 EH/s. Terawulf Hashrate Reaches 7.6 EH/s […] Source: https://news.bitcoin.com/bitcoin-mining-firms-terawulf-and-cleanspark-ramp-up-hashrates-boost-financial-footing/
The U.S. Securities and Exchange Commission has hit exchange-traded fund (ETF) issuer VanEck with a $1.75 million fine. Investment advisor VanEck agreed to pay the fine without admitting or denying the charge that it had failed to disclose a social media influencer’s role in the launch of its VanEckSocial Sentiment ETF—which trades on the NYSE Arca under the BUZZ ticker—back…
A U.S. bankruptcy judge has granted bankrupt crypto trading desk and lender Genesis permission to sell $1.6 billion worth of its Grayscale Bitcoin Trust (GBTC) shares, according to a court filing. Along with the GBTC shares, Genesis will also be selling its shares in Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG) as part of the firm’s plan…
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark contrast to its performance just eight months earlier. From Decline to […] Source: https://news.bitcoin.com/microstrategys-bitcoin-investment-flourishes-valued-at-nearly-10-billion/
Bitcoin recently climbed to $53,000, sparking excitement about surpassing its all-time high. The approval of Bitcoin spot ETFs by the SEC has fueled this optimism, suggesting a significant growth phase for the cryptocurrency. But what about more ambitious price predictions? Hi there, I’m Zifa. With over three years covering crypto and having witnessed two halvings, I’ve seen the ups and…
As bitcoin weaves through its dynamic trading patterns, its valuation on Feb. 16, 2024, reveals pronounced bullish indicators. Floating within a 24-hour trading window of $51,364 to $52,884, the digital currency’s market worth firmly grips the $1.02 trillion mark. Bitcoin The volume of bitcoin’s global trades is cruising at $29.86 billion, showcasing a medium-to-high engagement […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-consolidates-gains-as-traders-eye-53k-resistance-level/
The Bitcoin price has been holding steady, trading for $52,246.31 at the time of writing—a 0.3% drop from the same time yesterday. But the weekly gains Bitcoin has made are nothing to sniff at. Bitcoin has posted a 12% gain since this time last week and seen its average weekly trading volume rebound in a big way. So far this…
