Category: Latest news

[ad_1] The countdown to Bitcoin’s highly anticipated halving event is on, with fewer than 10,000 blocks left as of Feb. 12. According to the Bitcoin Halving Clock, approximately 9,843 blocks remain before the event, which is estimated to occur by April 17. The halving event is significant for the crypto industry because it enhances Bitcoin’s…

[ad_1] Bitcoin’s price saw a significant increase in February, jumping from $43,049 at the beginning of the month to $49,900 on Feb. 12, as of press time. Crossing $49,000 marks a significant milestone for BTC, as it indicates the potential to breach the $50,000 resistance and move closer to its all-time high. Alongside its price…

[ad_1] Bitcoin touched the $49,000 on Feb. 12, reclaiming the price levels it hit after the historic approval of spot Exchange-Traded Funds (ETFs) related to the flagship crypto at the start of January. The flagship crypto was trading at $49,725 as of press time, according to CryptoSlate data. Bitcoin surged as U.S. markets opened for trading,…

[ad_1] Quick Take ByteTree has reported a massive influx in the global allocation of Bitcoin among exchange-traded products (ETPs) since October 2023, adding roughly 100,000 BTC. According to ByteTree data, approximately 890,000 BTC are currently held in varying ETPs worldwide, which is about 4.56% of the circulating supply of Bitcoin. Interestingly, the start of 2024…

[ad_1] Quick Take Since the approval of Bitcoin ETFs on Jan. 11, the price performance of the digital asset has illustrated an unpredictable pattern, peaking around $49,000 before dipping below $40,000. As of now, Bitcoin hovers around $48,000. This volatile behavior extends to crypto equities and Bitcoin ETFs, which have displayed divergent performances. Crypto Equities…

[ad_1] Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.6 billion, according to recent court filings. Grayscale’s objection In its court filing, Grayscale stated that it could…

[ad_1] KoinBay is a leading crypto platform that offers diverse trading options for both seasoned and novice users. Whether you’re looking for immediate digital asset acquisition or leveraging advanced crypto trading strategies, KoinBay caters to your needs with a user-friendly interface and competitive transaction fees.  This article delves into the different types of trading available…

[ad_1] Quick Take Data compiled by Farside Investors shows that on Feb. 9, the net inflow surged to reach $542 million. BlackRock IBIT accounted for approximately just under half of these net inflows with a staggering $251 million, pushing their total net inflow to a hefty $3.8 billion and increasing their Bitcoin holdings to 87,779,…

[ad_1] Venture capital firm Sora Ventures has launched a $2 million liquid fund focused on projects building within the TTP ecosystem. This ecosystem comprises several assets, including $TRAC, Tap Protocol, and  $PIPE, and is the first decentralized indexer ecosystem powered by the Ordinals Protocol. UTXO Management, the team responsible for Bitcoin Magazine, leads the Sora…

[ad_1] Blockchain technology holds the potential to enhance various industries, particularly in the financial sector. Layer one protocols, which are essentially the base layer of any blockchain network, serve as key components of a blockchain system. Examples of layer one blockchains include Bitcoin, Ethereum, and Binance Smart Chain. These blockchains serve as the base layer…