Bitcoin Whales: Accumulation Following Post-Halving Dip
TL;DR Large Bitcoin investors, known as whales, are piling into the cryptocurrency after a post-halving drop, signaling bullish sentiment. Despite the market volatility, the accumulation...
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The Market Awaits the Massive Expiration of Bitcoin and Ethereum Options: What Impact Will It Have on Prices?
TL;DR Today will see a massive expiration of Bitcoin and Ethereum options. Their combined value is $2.4 billion, with a potential impact on prices expected....
ZKSNACKS Shutting Down Coinjoin Service: Impact on Wasabi Wallet and Bitcoin Privacy
TL;DR ZKSNACKS, the company behind Wasabi Wallet, will close its Coinjoin coordination service on June 1. Wasabi Wallet will continue to function as a standard...
Bitcoin Losing Dominance: Is It Altcoins’ Time?
TL;DR Decline in Bitcoin dominance: Possible opportunity for altcoins. Reduction in demand for Bitcoin: Slowdown in the growth of long-term holdings and increase in short...
Bitcoin Plummets While Miners Continue to Hold Ground
TL;DR Despite the decline in Bitcoin miners’ revenues, there are no signs of capitulation, according to CryptoQuant’s Ki Young Ji. The mining industry faces the...
Runes Boost Bitcoin Transaction Fees Post-Halving
TL;DR Bitcoin transaction fees are on the rise post-halving, thanks to the introduction of Runes on the network. Greg Beard from Stronghold Digital Mining and...
Bitcoin: Continuous Improvements in Liquidity Drive Growth Expectations
TL;DR The Bitcoin market has experienced improvements in liquidity since the collapse of FTX, especially with the approval of Spot ETFs. Liquidity refers to the...
Iconic ‘Buy Bitcoin’ Sign Auctioned for Over $1 Million
TL;DR The iconic “Buy Bitcoin” sign, held behind Janet Yellen, sold at auction for more than $1 million. The funds raised will go towards the...
Mt. Gox’s $9 Billion Bitcoin Payout: A New Dawn for Creditors
TL;DR Impending Payout: Creditors of the defunct Mt. Gox exchange are close to receiving $9 billion in Bitcoin, marking a potential end to a decade-long...
Bitcoin Miners Fees: The Key to $107 Million Profit
TL;DR Record Profits: Bitcoin miners earned a staggering $107 million on April 20th, 2024, with 75% of this coming from transaction fees due to increased...