Tag: Bitcoin
Another $700 Million in Liquidations as Bitcoin (BTC) Dumps to $61K, Altcoins Bleed Out
Bitcoin’s dominance is on the rise, as the altcoins have plummeted by double digits (again).
Ordinals Activity Ramps Up Before Halving — Alongside Bitcoin Fees
Bitcoin transaction fees are on the rise again, and are expected to go higher once “Runes” goes live next week.
How Much Do Bitcoin ETFs Actually Matter? Glassnode Investigates
On-chain data suggests that the Bitcoin ETFs now comprise between 30% and 50% of the Bitcoin spot market.
China’s Largest Equity Funds Pursue Spot Bitcoin ETFs via Hong Kong Subsidiaries: Report
Harvest Fund Management among a number of leading Chinese equity funds that have reportedly submitted applications for spot BTC ETFs.
This Is What We Can Expect After the 2024 Bitcoin Halving According to Historical Patterns
Somewhat expectedly, BTC’s gains after each halving have been slowing down, but there’s more to the story.
Cathie Wood’s ARK Invest Accidentally Owns $15,000 Bitcoin Puppet
Arkham revealed that Cathie Wood’s ARK Invest “accidentally” owns a Bitcoin Puppet worth $15,000.
Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe
Ethena Labs aims to strengthen USDe’s backing, ultimately providing a safer product for its users leveraging BTC’s expanding open interest.
Why Goldman Sachs Is Wrong To Doubt Bitcoin: Bitwise CIO
Goldman claims Bitcoin has no intrinsic value, but Bitwise explains one thing it offers that nothing else can.
U.S. Government Moves To Sell More Bitcoin Tied To Silk Road
Another ~2000 BTC have moved from the government’s coffers to Coinbase.
Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion
Miners experienced one last record-breaking month of revenues before the halving, which will substantially cut their gains going forward.