Tag: Bitcoin
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Bitcoin (BTC) Miners Lobby U.S. Congress to Counter Environmental ‘Misunderstanding’
[ad_1] When crypto mining is discussed in the U.S. Congress, it’s often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology.…
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Bitcoin and Ether Options Activity Hits $20B
[ad_1] The crypto options market is booming. The notional open interest, or the dollar value locked in active bitcoin and ether options contracts on leading exchange Deribit has risen to $20.64 billion, according to data tracked by Switzerland-based Laevitas. The tally nearly parallels the peak registered on Nov. 9, 2021, when bitcoin traded above $66,000,…
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Bitcoin Now Up Over 110% This Year In Anticipation of Spot ETF Approval And Halving
[ad_1] Bitcoin has risen over 110% in 2023 at the time of writing, where the price of the asset started the year off at $16,677 on January 1, has now pumped to above $35,000 only 10 months later. With more room to run this year as hype builds in the market around the potential approval…
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Renowned Trader ‘il Capo Of Crypto’ Covers Bearish Altcoin Bets as Bitcoin (BTC) Marches On
[ad_1] “No, I am not bullish, just neutral. I’m not buying yet nor closing the shorts that are in profit, just the losing positions to derisk a bit. If the price goes back below the support zone, I will start adding shorts again,” Capo told CoinDesk. “the macro looks very bad, with a recession being…
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Bitcoin Break Above $35,000 Sends 95,000 Crypto Traders To The Slaughter
[ad_1] Following reports of BlackRock’s Spot Bitcoin ETF being listed on the Depository Trust & Clearing Corporation (DTCC) with the ticker IBTC, the BTC price had rallied above $35,000 based on investor expectations alone. The quick nature of this surge saw tens of thousands of crypto traders caught in the crossfire as over $400 million…
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Bitcoin Breaks $35K, Signals Mega Bull Run; Bitcoin Minetrix Surpasses $2M with Potential 2,000x Surge.
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price breakout at $35,000 heralds the start of what could be the biggest bull run ever for the top cryptocurrency, and cloud mining upstart Bitcoin Minetrix is set to be a major beneficiary after amassing $2.19 million from alpha-seeking…
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Bitcoin as fundamentally different from any other digital asset.
[ad_1] Bitcoin as fundamentally different from any other digital asset. – Fidelity When we talk about money, there are different properties that need to be considered, but in this world of infinite money printing, many people fail to understand the importance of monetary policy. Sure bitcoin naturally has its risks, but at its core, it…
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ArbDoge AI employs Cutting-Edge tech for impressive returns. Now, dive into the Tech-Driven world of Bitcoin Matrix’s Presale
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage With the artificial intelligence (AI) space shaping up with numerous projects, we’ve seen AI tools like ChatGPT grabbing the public’s attention. However, in the crypto space, ArbDoge (AiDoge) is one of the top coins rallying at the moment. With over a…
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Bitcoin Halving Countdown 2024 + Past Halvings
[ad_1] Bitcoin will soon go through a major event called a halving, which reduces the reward Bitcoin miners receive for each new transaction block by half. It will be the fourth time in its history that BTC has undergone a halving, which occur every 210,000 blocks, or approximately every 4 years. Halvings slow the creation…
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When Will The Bitcoin Bear Market End? US Mega Bank Has The Answer
[ad_1] In a recent development, leading investment bank Morgan Stanley has weighed in on when the lingering Bitcoin bear market is likely to end. Interestingly, they share some similar views with analysts who have made predictions in the past. Bitcoin Halving A Major Factor In an article released by the investment bank, Morgan Stanley highlighted…