Arkham Intelligence Says Grayscale Bitcoin Trust’s Wallets Hold Over $16B in BTC

Blockchain analytics firm Arkham Intelligence has found that on-chain wallets tied to the Grayscale Bitcoin Trust (GBTC) hold more than $16 billion in BTC. In a recent tweet, the crypto data tracking ...

While Bitcoin Continues Its Horizontal Course, Spot Transaction Volumes Reduced to the Lowest Level in the Last 4 Years!

While the Bitcoin price continues its horizontal course, according to CCData data, the August transaction volume of the cryptocurrency spot market reached its lowest level in 4.5 years. According to C...

Bitcoin Drop Before Halving Expected, Will It Get Worse In September?

Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance ...

Binance Released the Latest Reserve Report for Bitcoin and Altcoins! How Much BTC and Ethereum Are There?

Binance, the world’s largest cryptocurrency exchange, announced the reserve proof system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, ...

What is the Bitcoin Fear and Greed Index?

In brief The Bitcoin Fear and Greed Index is based on the concept that investor fear pushes Bitcoin price down while greed pushes the price higher. This metric correlates with the metaphor of a bear (...

JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?

Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged a...

Bitcoin BSC: Launch Crypto Presale

SPONSORED POST* Investors are preparing for a potentially bearish September for Bitcoin as experts are predicting the largest cryptocurrency to dip to the $20,000 price level.  As a result, BTC clones...

Bitcoin Mempool Clogged With Over 560K Unconfirmed Transactions Amid Search for Rare Sats

The Bitcoin network is currently overwhelmed with a backlog of unconfirmed transactions, with the average confirmation time hovering above 10.4 minutes. According to Mempool, there are around 560,000 ...

Bitcoin Price Analysis: Given After Another Test of 26006 – 8 September 2023

Bitcoin Price Analysis:  Given After Another Test of 26006 – 8 September 2023 Bitcoin (BTC/USD) encountered bearish momentum early in the Asian session as the pair was given after trading as high as t...

Bitcoin price can hit $46K by 2024 halving — Interview with Filbfilb

Bitcoin (BTC) has a chance to end 2023 at $35,000 despite heading lower in between, veteran analyst Filbfilb believes. In his latest interview with Cointelegraph, the co-founder of trading suite Decen...

Samara Asset Donates $10,000 To Support Bitcoin Education For Women in Africa

In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine.  This Kenya-based no...

Grayscale Bitcoin Trust wallet addresses discovered

The world of cryptocurrency is never short on intrigue and mystery, and the latest revelation by blockchain analytics platform Arkham Intelligence has certainly added to the suspense. Arkham claims to...

550K Transactions Waiting on Bitcoin Network! What Causes the Congestion? Will Stock Markets Stop Shooting?

The Bitcoin network is once again struggling with a major bottleneck. According to data from data analysis companies, there are more than 550 thousand transactions expected to be confirmed on the netw...

Research Places Lebanon as the Most Profitable Nation from BTC Mining

A recent CoinGecko research has shown that, despite its economic challenges, Lebanon boasts the ideal conditions for cryptocurrency enthusiasts looking to strike gold in the digital mines. Lebanon’s r...

Top 6 Cryptocurrency Price Prediction September 2023: WSM, BTC, ETH, SHIB, ADA & SOL

Welcome to September, crypto enthusiasts! We’ve got a mixed bag of news for you.  On the bright side, it’s a new month—time for fresh opportunities and resets. But here’s the kicker: historically, Sep...

Corporate Bitcoin (BTC) Adoption Seen Increasing After FASB Vote

Currently, accounting rules only let companies record increases in the value of their digital assets when they sell them – though losses are reflected at least once a year. But, on Wednesday, the Fina...

Crypto Analyst Breaks Down Bitcoin (BTC), Updates Outlook on One AI Altcoin That’s Up 24% in the Last Month

A widely followed crypto analyst is breaking down king crypto Bitcoin (BTC), which is down 5% in the last seven days. Pseudonymous crypto trader Rekt Capital tells his 351,100 followers on the social ...

Short-term holders bear the brunt of Bitcoin’s volatility

Bitcoin’s drop from $29,000 in mid-August has significantly changed market dynamics. Despite the short-lived jump to $27,000 following the news about Grayscale’s win against the SEC, Bitcoin is still ...

Marathon Digital’s Bitcoin Production Drops 9% in August Due to Texas Heat

Publicly traded Bitcoin mining company Marathon Digital Holdings has reported a 9% drop in Bitcoin production for August 2023 compared to the previous month. According to the firm, the decline in prod...

Peach Bitcoin Celebrates One-Year Anniversary With Launch of Version 0.3

Peach Bitcoin has officially launched Peach 0.3, while coinciding with the one year anniversary of the company. This new version introduces new features, a comprehensive wallet that seamlessly integra...

Grayscale’s staggering Bitcoin holdings and possible impact on BTC

Journalist Posted: September 7, 2023 Grayscale reportedly owns over 627,000 BTC. The current BTC in circulation was over 19 million. Recent research by Arkham Intelligence has uncovered that Grayscale...

FASB Work On New Accounting Rules for Bitcoin By Early 2025

As per the latest development, the US regulators are working on improved accounting standards for Bitcoin (BTC) in order to effectively capture the rises and dips. The long-awaited accounting rules fo...

Bitcoin Fate Hangs On The Edge Of The 200-Week EMA

Bitcoin (BTC) has officially dipped below the $26,000 level and is currently trading at $25,800, which coincides with its 200-week Exponential Moving Average (EMA). This EMA has served as a crucial su...

Binance Expands BTC, ETH Trading-Fee Promotion to ARS, BRL, ZAR Currencies

Binance users will be able to trade bitcoin (BTC), ether (ETH) and Tether’s USDT stablecoin with the Argentine peso, Brazilian real and South African rand on the spot market without paying any so-call...

El Salvador Launches Education Program To Teach Bitcoin In Every School

El Salvador, the first nation to officially adopt Bitcoin as legal tender, is once again making headlines in the world of cryptocurrency. With the combined efforts of My First Bitcoin, Bitcoin Beach, ...

Global Crypto Wealth Study Reveals 6 Bitcoin Billionaires and 88,000 Crypto Millionaires

Despite the current crypto bear market, certain individuals seem to be navigating the waters expertly. A recent report by Henley & Partners reveals that the world currently plays host to six Bitco...

London Businessman Under Spotlight for Alleged Bitcoin Money Laundering Scheme

Introduction A prominent businessman in the financial technology sector in London has been thrust into the limelight. Allegations are rife that he has played a pivotal role in a large-scale money laun...

Why Bitcoin Spark is the Future, leaving BNB and Polygon behind?

Innovation is key to success in the cryptocurrency space, and Bitcoin Spark, a new project in the digital currency arena, is making waves with its unique approach and top-range features. As the crypto...

second largest Bitcoin holder in the world

Yesterday, Arkham revealed that Grayscale Bitcoin Trust is the second largest Bitcoin holder in the world.  Breaking: Arkham has identified the Grayscale Bitcoin Trust’s holdings on chain. It is the 2...

Top 10 Crypto Prices for September 6, 2023: Bitcoin remains below US$26,000

Crypto Price Today: Bitcoin Holds on US$26K; Altcoins Witness Upsurge Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained below the US$26,000 level early Wednesday. Popular cr...

Will Bitcoin Fees Ever Be Enough To Replace Block Subsidy?

The Bitcoin block rewards are becoming lesser and lesser with each halving. Will transaction fees eventually be able to fill up this void? Bitcoin Transaction Fees Has Been Trending Up With Each Cycle...

Bitcoin’s 30-day hashrate high hits miner profitability

Bitcoin’s network hashrate touched fresh peaks this week, marking a surge in capacity even as profitability for miners continued to fall. Viewing the metric over a 30-day Simple Moving Average shows a...