Alex Dovbnya Bitcoin has surpassed the NASDAQ, S&P 500, Dow Jones, and gold combined in terms of year-to-date return Bitcoin, the flagship cryptocurrency, has outperformed the tech-heavy NASDAQ as...
Tag: Bitcoin
Yuga Labs’ Bitcoin NFT Auction Collects Over $16 M
59 seconds ago | 2 mins read NFT News 288 successful bidders and the bids accumulated $16.5 million. The minimum quantity of bids was 20,000 satoshis. Yuga Labs, the parent company of Bored Ape Yacht ...
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study – Bitcoin News
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the...
Yuga Twelvefold Bitcoin NFT Auction Raises $16.5 Million
Yuga Labs’ buzzy and controversial auction of its debut Bitcoin NFT collection concluded Monday, with 288 successful bidders nabbing as many pieces in the limited series, spending a combined $16.49 mi...
What is a Sovereign Rollup? Rollkit Pitches Second Layer for Bitcoin
Just a few months after the very first NFT was inscribed into Bitcoin, developers are trying to imbue the age-old blockchain with another new-age technology: rollups. At least that’s what Rollkit—a s...
Alameda Sues Grayscale Over $9 Billion Locked in Bitcoin Trust Shares
Failed crypto company FTX announced today that its affiliate Alameda Research is suing asset manager Grayscale Investments in a bid to unlock investments that it says are being improperly withheld fro...
Bitcoin Markets Are Slowly Transitioning Out of Bear Territory
Bitcoin markets have been in retreat since mid-February and recent psychological price rejections. However, they remain in a transitional phase according to on-chain analysis. In its “Week On-chain” r...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the str...
Crypto market can witness another crash if Bitcoin [BTC] drops below..
If BTC’s price goes below the $22,300 range, it can drop further down. Negative sentiments prevailed in the market but a few metrics had a bullish bias. Bitcoin [BTC] has been disappointing investors...
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours
The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) collection has ended, netting the firm $16.5 million in just 24 hours. A total of 288 bidders won one of the Bitcoin NFTs ...
Proclamation 2039 90-Year Anniversary Is A Reminder To Buy Bitcoin
Today marks 90 years since Proclamation 2039. While the historical event took place nearly 75 years before Bitcoin was created, its anniversary is a reminder why the top cryptocurrency was created and...
Grayscale’s day in court is nearly here, but a major decision could take time
Grayscale is set to present oral arguments in its case against the U.S. Securities and Exchange Commission on Tuesday. The asset manager brought the case against the regulator for rejecting its ...
Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years – Bitcoin News
Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. ...
Bitcoin: Should you be bullish after the losses of the past two weeks?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The structure was bullish on the daily timeframe....
Yuga Labs bitcoin NFT auction concludes amid complaints about its method
Yuga Labs’ experiment with Bitcoin Ordinals drew 288 winning bids, with one reaching nearly $160,000 for a single NFT. The 24-hour auction of the collection, named TwelveFold, ended at aro...
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
The hopeful optimism of Bitcoin (BTC) traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance. Now Bitcoin price is threatening a retest of the $22,000 level...
Bitcoin Payment Risks and Best Practices for Businesses
Bitcoin (BTC)has been gaining acceptance as a method of payment for businesses worldwide. Yet, the problem of volatility remains a sticking point for those accepting BTC payments. Businesses must face...
Bitcoin market sentiment shifts as Asia turns from net buyers to net sellers
Definition This metric shows the 30-day change in the regional price set during Asia, US, and EU working hours, i.e., between 8 am and 8 pm. Quick Take A thesis I have covered for a substantial amount...
FTX Sues Grayscale to Unlock $9 Billion From Bitcoin and Ethereum Trusts
Alameda Research – sister trading firm to the now bankrupt FTX exchange – is suing the world’s largest Bitcoin fund on behalf of FTX’s debtors and affiliates. The company demands that Grayscale permit...
Bitcoin mining report: March 6
Bitcoin mining stocks tracked by The Block were mostly lower on Monday, with seven gaining and the other 12 declining. Bitcoin fell 0.3% to $22,418 by market close. Here is a look at how the individua...
US FED policy may tank bitcoin recovery
Federal Reserve chairman Jerome H. Powell is scheduled to participate in the open session, which is set to take place on March 7. As the market awaits the FED’s announcement on their plan for interest...
Investors Tread Cautiously as Bitcoin Price Rally Stalls
Many crypto participants have returned to a cautious approach following a sharp decline in the bitcoin price decline late last week. The velocity of Friday’s move was “definitely unexpected,” Sam Holm...
TeraWulf’s nuclear-powered Bitcoin mining facility goes online
Ad TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in the US powered by nuclear energy. New Nautilus facility opens in Penns...
Has Bitcoin Bottomed? Bloomberg’s Mike McGlone Gives Insightful Take ⋆ ZyCrypto
Advertisement     The cryptocurrency market speculates that better days might be closer than expected for Bitcoiners. According to some market analysts, Bitcoin, the l...
President Bukele Explains How El Salvador Benefited From Legalizing Bitcoin
The President of El Salvador – Nayib Bukele – disclosed that the country’s tourism sector has increased by 95% since it embraced bitcoin as an official means of payment. He criticized some central ban...
Bitcoin Shorts Are Piling Up, Liquidation Squeeze Soon?
Data shows Bitcoin funding rates have turned negative recently, suggesting that shorts are accumulating on the market. Will a squeeze follow? Bitcoin Funding Rates Are At Their Most Negative Since Dec...
Grayscale Bitcoin Trust Share Price Rallies Before SEC Lawsuit
Grayscale Bitcoin Trust News: Time and again, Grayscale made it clear that the U.S. Securities and Exchange Commission (SEC) has been unfair in not approving its spot Bitcoin ETF application. The comp...
Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…
BTC’s NUPL suggests that the coin has commenced a new bull cycle. However, increasing coin dump indicates a lack of investors’ confidence. In a new report, CryptoQuant analyst Sachi found that the as...
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News
The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the E...