market

Bitcoin Miners Offload $910 Million in Holdings Following Halving

Bitcoin Miners Offload $910 Million in Holdings Following Halving

Bitcoin miners have unloaded close to $1 billion in Bitcoin after the recent price surge, on-chain data reveals. From April 18 to 24, miners seemed to coordinate a huge selling spree. They moved nearly 14k Bitcoin to centralized exchanges in the process. The sell-off comes as the aftermath of the...
Bitcoin Nears $95K Amidst Strong Market Momentum

Bitcoin Nears $95K Amidst Strong Market Momentum

Bitcoin BTC/USD is witnessing an increase, trading at about $94,800 as it continues with the bullish trajectory in the cryptocurrency sector. Fueling this surge, Bitcoin gained more than 11.66% in the last week alone, indicating strong bullish sentiment from investors and higher trading volume. The price action of the cryptocurrency...
Bitcoin's Halving Anniversary Reveals Rollercoaster Year

Bitcoin's Halving Anniversary Reveals Rollercoaster Year

Bitcoin, the most popular of all cryptocurrencies by a huge margin, just recently went through its fourth halving on April 19, 2024. This roughly four-yearly event is known as a ‘Halving’, and it cuts the reward miners receive for creating new blocks in half. Some Bitcoin enthusiasts even looked forward...
Crypto's $9.3 Billion Black Eye: Can Regulation Save Us?

Crypto's $9.3 Billion Black Eye: Can Regulation Save Us?

$9.3 billion. Let that number sink in. That’s the wealth incinerated by crypto scams just in 2024 so far, based on FBI estimates. It’s about more than dollars and cents. It’s not just targeted abuse on a wide scale, it’s ruined lives and lost retirements and the profound erosion of...
Bitcoin's 2028 Halving Event to Further Reduce New Supply

Bitcoin's 2028 Halving Event to Further Reduce New Supply

The next Bitcoin halving is projected for 2028. It will halve the new issuance of Bitcoin and test the economic fortitude of the network. This one-time, roughly four-year recurring event will serve to further entrench Bitcoin’s deflationary monetary policy. As such, analysts expect the 2028 halving to reduce block rewards...
Bitcoin Recovers, Price Soars Above $93,000 Amidst Supply Dynamics

Bitcoin Recovers, Price Soars Above $93,000 Amidst Supply Dynamics

Bitcoin (BTC), which has continued to show great resilience has quickly rebounded after last week’s selloff. Cryptocurrency’s price is back above $93,000, a significant rebound for the digital asset market. This resurgence is a testament to the ever-evolving world of Bitcoin and its persistent importance in the global financial scene.The...
Keiser's $2.2M Bitcoin Bet: Institutional FOMO Fueling the Fire?

Keiser's $2.2M Bitcoin Bet: Institutional FOMO Fueling the Fire?

Max Keiser, a well-known Bitcoin advocate, has made a bold prediction: Bitcoin will reach $2.2 million. This forecast is based on good data, not speculation. It illustrates the growing institutional Fear Of Missing Out (FOMO), as well as the cutthroat competition among firms that are hoovering up Bitcoin at an...
Bitcoin Surges Amidst Massive ETF Inflows, $90K Support in Focus

Bitcoin Surges Amidst Massive ETF Inflows, $90K Support in Focus

Bitcoin’s price today sits at $93,530 after a 0.20% price increase in the last day. That’s no surprise given the extraordinary and increasing interest in the cryptocurrency space these days. In fact, more than $1.2 billion flooded into Bitcoin exchange-traded funds (ETFs) on the very first day alone! This significant...
Bitcoin Surges Past $90,000 Amidst Market Uncertainty

Bitcoin Surges Past $90,000 Amidst Market Uncertainty

Bitcoin’s price has been on a tear lately, most recently pushing over $90,000 for the first time in over a month. Investors are trying to figure out what to do in a world with more volatile stocks and a weakening dollar. This environment could be contributing to the increasing attractiveness...
Trump's Bitcoin Blunder: 3 Ways He's Failing Crypto Investors

Trump's Bitcoin Blunder: 3 Ways He's Failing Crypto Investors

Remember the euphoria? Early 2025. Trump gets elected. The promise of a pro-crypto White House. Bitcoin skyrocketed. We all thought, "Finally, someone gets it!" You’d notice that your libertarian neighbor, who was always locked to Fox News, one day showing up with a Bitcoin t-shirt. To that end, he even...