Bitcoin rebounded following a period of heightened geopolitical tension, which initially triggered sharp declines in cryptocurrencies. The digital asset experienced a temporary drop of over 6% to $59,643 on Friday but later stabilized, reaching $64,640 by 10:55 a.m. in New York. Other tokens like Ether, Solana, and the meme-crowd favorite Dogecoin also regained stability. Israel’s retaliatory strike on Iran, occurring…
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Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off ‘Totally Normal’
U.S. spot bitcoin exchange-traded funds (ETFs) have seen outflows for the fifth consecutive day since April 12, with a reduction totaling $4.3 million during Wednesday’s trading sessions. ETF Analyst’s Perspective: Recent Bitcoin ETF Outflows Within Expected Norms The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, having commenced […] Source: https://news.bitcoin.com/spot-bitcoin-etfs-record-5-consecutive-day-of-outflows-analyst-declares-cool-off-totally-normal/
Will the Bitcoin Halving Make BTC’s Environmental Impact Better—or Worse?
With the latest Bitcoin halving set for tonight, the network underlying the world’s largest cryptocurrency is set to undergo its biggest change in years. Much has been prognosticated about how the shift will impact BTC’s price and the broader crypto market. But how will the halving impact Bitcoin’s controversial, oft-debated, and undeniably massive impact on the environment? The answer, it…
The Week in Polkadot: Gavin Wood Unveils ‘Major Upgrade’ JAM at Token2049
Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem. At the Token2049 conference in Dubai this week, Polkadot co-founder Gavin Wood introduced a graypaper outlining the Join-Accumulate Machine (JAM), billed as “a proposal for the future of Polkadot.” In a “major revision,” the JAM protocol would replace Polkadot’s Relay Chain with a…
Bitcoin Steady Amid Geopolitical Tension, Halving Nears
Bitcoin bounced back from sharp losses triggered by escalating geopolitical tension, regaining ground as the situation eased. After plummeting over 6% to $59,643 earlier on Friday, the digital asset stabilized around $64,450 as of 8:53 a.m. in London. Other cryptocurrencies like Ether, Solana, and Dogecoin also found stability. Israel’s retaliatory strike on Iran, following Tehran’s recent rocket and drone attacks,…
Bitcoin Ordinals Dev Shares Tips for Mining Runes During the Halving—Without Getting Rekt
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Merry Bitcoin Halving Eve! Hoping to unwrap a Rune? The same developer that brought you Bitcoin Ordinals will soon debut a new protocol, called Runes, which…
Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record
Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s). Bitcoin Hashrate Achieves New High as Halving Approaches Just hours ahead […] Source: https://news.bitcoin.com/bitcoin-miners-ramp-up-hashrate-as-halving-nears-network-hits-653-eh-s-record/
Data Ownership Protocol (DOP) Partners With Bitcoin.com to Pioneer Data Sovereignty in Crypto
Integration Promises Enhanced Privacy for Bitcoin.com Wallet Users Bitcoin.com, a leading platform for cryptocurrency users, announces its strategic partnership with the Data Ownership Protocol (DOP) to empower users with unprecedented control over their data within the Bitcoin.com ecosystem and beyond. This collaboration marks a significant milestone in the quest for data sovereignty in the crypto […] Source: https://news.bitcoin.com/data-ownership-protocol-dop-partners-with-bitcoin-com-to-pioneer-data-sovereignty-in-crypto/
Opinion: Why there will never be another Bitcoin
By Pete Rizzo, Kraken Editor at Large Pete Rizzo is a leading Bitcoin Historian and author of over 2,000 articles on cryptocurrency. He is also an Editor at Bitcoin Magazine. The views and opinions expressed in this article are those of the author and does not necessarily reflect the views of Kraken or its management. This opinion is not investment…
Trading for JUP, W, WIF and more starts now in the United Kingdom
We’re thrilled to announce that Bonk (BONK), Dymension (DYM), Jito (JTO), Jupiter (JUP), Polygon Ecosystem Token (POL), Wormhole (W) and Dogwifhat (WIF) are now available on Kraken for residents in the United Kingdom! Funding and trading BONK, DYM, JTO, JUP, POL, WIF and W funding and trading are live. Add your token to your Kraken account by navigating to Funding,…