The underperformance stems from the costs associated with the fund’s structure. BITO does not purchase tokens, instead it holds BTC futures contracts on the Chicago Mercantile Exchange (CME). Th...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Set for Comeback Amid Anticipated DXY Reversal, Says Glassnode Co-Founder
Alex Dovbnya In face of several market headwinds, Bitcoin may be poised for significant rally, according to Glassnode co-founder Yann Allemann In recent weeks, Bitcoin’s value has been suppresse...
USDT Stablecoin Issuer Tether Forays Into Bitcoin Mining
4 hours ago | 2 mins read Bitcoin News Tether’s Chief Technology Officer Paolo Ardoino made the announcement on Twitter. The stablecoin issuer chose Uruguay as the site for its bitcoin mining operatio...
Is Ethereum Ready To Outperform Bitcoin? Top Analyst Benjamin Cowen Updates ETH/BTC Outlook
Cryptocurrency strategist Benjamin Cowen is weighing in on the potential performance of Ethereum (ETH) relative to Bitcoin (BTC) going forward. In a new YouTube video, Cowen tells his 783,000 subscrib...
Polygon (MATIC) Drops 15% Following Bitcoin Correction – Collateral Network Enjoys 40% Gains
After increasing in price in line with the recent Bitcoin (BTC) surge, Polygon (MATIC) declined in April. This decline was triggered by a market-wide price correction, with Polygon being one of the ha...
Bitcoin Ordinals Inscriptions Hits 10M, BRC-20 Tokens Hold Dominance
Bitcoin Ordinals Inscriptions hit a new milestone. Recently the inscriptions, or the NFTs on the Bitcoin network, crossed 10 million. The growth in a number of these assets is significant, given their...
Benjamin Cowen Issues Bitcoin Warning, Says BTC Replicating 2019 Correction Pattern
Widely followed crypto analyst Benjamin Cowen is warning that Bitcoin (BTC) may be repeating a 2019 price formation that led to a market correction. In a new strategy session, Cowen tells his 783,000 ...
This will follow Bitcoin’s bullish breakout
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Finally, Bitcoin [BTC] inflicted a bullish breako...
Bitcoin Ordinals surpass 10 Million inscriptions on the network – Cryptopolitan
Shortly after founder Casey Rodarmor resigned as caretaker, Bitcoin Ordinals, a popular way to create assets on the blockchain, have topped 10 million inscriptions, marking a significant milestone. Ov...
2021 – The Year Bitcoin Became Salvadoran
When the bill was announced in July 2021, BTC was trading at around $30,000. When the bill became law in September 2021, it was trading around $45,000. By September 2022, a year after the law was enac...
Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay
Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether...
Concerns arise over Bitcoin price disparity on Binance Australia and BTC Markets – Cryptopolitan
The price of bitcoin dropped significantly by almost $6000 on Binance Australia, a significant crypto exchange on May 30. Trading activity indicated a strong willingness to sell, driving the price of ...
Tether Increases Bitcoin Hoard With New Mining Outfit
Stablecoin issuer Tether announced a new mining initiative in Uruguay amid record Bitcoin (BTC) difficulty. Tether is investing in renewable energy to power Bitcoin mining in Uruguay, a South American...
How Much Will Bitcoin Be Worth in 2030? A Glimpse Into BTC’s Future – Cryptopolitan
The potential for significant financial gains has made Bitcoin a popular investment choice in recent years. As you consider whether to invest in Bitcoin, one question that looms large is how much the ...
Tether Takes Over Uruguay: Invests In Sustainable Bitcoin Mining And Energy Production
Tether, the company behind the world’s most widely used stablecoin, USDT, is expanding its empire into the energy sector by launching sustainable Bitcoin mining operations in Uruguay. According to th...
USDT Issuer Tether Invests in Green Bitcoin (BTC) Mining in Uruguay
Vladislav Sopov Tether Limited, cryptocurrency heavyweight behind largest stablecoin USDT, announces it is joining Bitcoin (BTC) mining segment Contents Tether (USDT) invests in sustainable crypto min...
BTC value upgrades to $27,719 as bulls exhibit control – Cryptopolitan
The Bitcoin price analysis for today shows that bulls are exhibiting control over the short-term market sentiment. After a brief period of consolidation, BTC is back on its uptrend and has surged abov...
Negative Crypto Sentiment Pervades Institutions, Bitcoin, and Altcoins Witness Sell-Offs: CoinShares
Digital assets manager CoinShares says institutional investors are weathering negative sentiment on the market as Bitcoin (BTC) and altcoins suffer major outflows for the sixth week in a row. In its l...
BRC-20 Tokens: Bitcoin’s Ordinal Inscriptions Hit Whopping 10 Million
In a significant milestone for the Bitcoin ecosystem, the number of Bitcoin Ordinals Inscriptions has exceeded 10 million, showcasing the increasing utilization of this innovative feature on the block...
Bitcoin Price Analysis: A Very Volatile May
BTC/USD Concluding a Volatile Month: Sally Ho’s Technical Analysis – 31 May 2023 Bitcoin (BTC/USD) experienced elevated volatility early in the Asian session as the pair orbited the 28000 figure afte...
Tether Dives Into Renewable Energy For Sustainable Bitcoin Mining In Uruguay
Key Points: Tether invests in renewable energy for sustainable Bitcoin mining in Uruguay. Uruguay is an ideal location for renewable energy production, with 94% of electricity from renewable sources. ...
European Union’s Digital Euro May Run on UTXO — Like Bitcoin
The European Union prototyped how a digital euro would work, according to a report published in late May. The back-end prototype and settlement engine, which was designed by Eurosystem, is called N€X...
Bitcoin Trades at 18% Discount on Binance Australia as Exchange Cuts On-Ramp
Vegemite discount? Bitcoin (BTC) is currently experiencing a significant discount on Binance‘s Australian platform. As of today, the cryptocurrency is listed at a steep 20% discount compared to ...
Bitcoin Bullish Trend Reversal Around the Corner As Nasdaq Rally Accelerates: SwissBlock
A trend reversal to the upside is brewing for Bitcoin (BTC) based on multiple flashing signals, according to analytics firm SwissBlock. In a new report, SwissBlock says that there’s a risk-on sentimen...
Bitcoin Miner Fee Revenue Drops 90% As BRC-20 Frenzy Ends
Data shows that the Bitcoin miners’ revenue from transaction fees has dropped 90% as the BRC-20 token frenzy has slowed. Bitcoin Miners Are Now Making Just $1.7 Million In Transaction Fees Bitcoin min...
Bitcoin Outperforms Gold, Crude Oil; Bitcoin Bull Run Ahead?
Bitcoin News: Bitcoin (BTC), the world’s largest cryptocurrency is riding the relief rally since the beginning of 2023. BTC turned out to be the biggest gainer among major commodities like Crude Oil (...
Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs
A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s transaction surged to 10 mil...
Trading Legend Henrik Zeberg Reveals Bullish Bitcoin Price Prediction
Gamza Khanzadaev Bitcoin rally ahead? Top trader unveils epic BTC price prediction Renowned trader Henrik Zeberg recently shared an optimistic forecast for Bitcoin, signaling the potential for a signi...
Sabre56 Announces New Partnership With GEM Mining To Host More Than 4,500 Bitcoin Miners
Sabre56, a Bitcoin mining hosting provider and digital asset mining consultancy, has announced a significant hosting deal with GEM Mining, an institutional-grade Bitcoin mining company. The agreement ...
Ordinals Protocol Surpasses 10 Million Inscriptions, Bitcoin Blockchain Flourishes
Bitcoin’s blockchain has recently witnessed a remarkable milestone as over 10 million inscriptions using the innovative Ordinals protocol have been registered by Bitcoin users. This achievement comes ...
BRC-721E Standard to Bridge Gap between Ethereum NFTs and Bitcoin Ordinals
As the NFT landscape continues to evolve, the integration of Ethereum and Bitcoin ecosystems through the BRC-721E standard paves the way for further innovation and expansion that can even attract more...
Transfer Your Ethereum NFTs to Bitcoin With New Token Standard
Bitcoin Ordinals have received fresh utility with the introduction of a new token standard aimed at facilitating the migration of Ethereum-based NFTs onto Bitcoin. Dubbed BRC-721E, the new standard pe...