This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start of the year and 139% over the previous six months in […] Source: https://news.bitcoin.com/speculation-and-price-models-fuel-bitcoin-bull-market-predictions-amidst-rising-optimism/
The Bitcoin ETF launch in January has sent the price of BTC flying over the past 50 days, but companies that mine the top cryptocurrency have not been nearly as jubilant as the people who invest in it. With one notable exception. Shares in several public mining firms are trading flat or down in 2024 so far. Riot Platforms (RIOT)…
When Minecraft announced that it would ban NFTs from one of the world’s biggest games in 2022, one blockchain project in particular took the hardest hit: NFT Worlds. Two years later, the rebranded Hytopia is now aiming to make a big splash on its own—and maybe take some of the shine off of the Web2 gaming smash. With a customized…
Michael Saylor is a Bitcoin billionaire—if he really is the diamond hands he claims to be. Back in 2020, the Bitcoin bull claimed to personally own 17,732 BTC. Writing on Twitter, the chairman and co-founder of tech company MicroStrategy said that he’d snapped up the huge amount of digital coins for $175.2 million. Today, that same investment would be worth over…
The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the country’s capacity to oversee and mitigate dubious transactions within the rapidly expanding realm of digital finance. Russia’s Financial Strategy Challenged by FATF Downgrade The […] Source: https://news.bitcoin.com/russias-fatf-rating-downgraded-over-crypto-regulation-shortfalls/
A recently launched “emergency” survey to gather information on the energy use of U.S. Bitcoin mining companies has been retracted in response to concerted legal pressure from the industry. Last month, The Texas Blockchain Council teamed up with Riot Platforms, a leading Bitcoin mining firm, in seeking a temporary restraining order against the U.S. Energy Information Administration (EIA) because of…
Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that had been dormant since the day […] Source: https://news.bitcoin.com/satoshi-era-mega-whale-stirs-shifts-a-string-of-2000-vintage-bitcoins-in-a-single-block-worth-123m/
Notcoin, a game on messaging app Telegram that will reward players with crypto tokens, has quickly grown into a viral sensation with over 26 million players to date. But the amount of “mined” Notcoins that turn into real, airdropped NOT tokens could fall substantially if users aren’t still playing. On Friday, the project announced on Twitter and via the official…
PRESS RELEASE. Dubai, UAE (March 1, 2024) – The ftNFT Annual International Awards celebrated the 2024 ceremony on February 27 at Dubai’s iconic Armani restaurant, unveiling this year’s winners. The event, known for its exclusivity and commitment to advancing the NFT and blockchain sectors, assembled premier talents and groundbreaking projects. These awards spanned a variety […] Source: https://news.bitcoin.com/ftnft-international-awards-2024-announces-winners-at-a-glamorous-ceremony-in-dubai/
After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207 mempool blocks is pending, waiting to process about 134,000 unconfirmed transactions, a situation that has […] Source: https://news.bitcoin.com/from-low-to-high-bitcoin-fees-jump-over-129-in-4-days/
