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 activity on the…
Bitcoin
Latest Bitcoin news, market analysis and regulatory updates from The Cryptocurrency Post. Follow BTC price context, ETF developments, adoption trends, mining, security issues and key events shaping the largest crypto asset.
Peter Schiff Questions $100,000 Bitcoin Price Predictions
TL;DR Peter Schiff questions bullish Bitcoin price predictions, pointing to declines in cryptocurrency-related stocks. It highlights significant declines in stocks such as COIN, GLXY,…
Bitcoin Bounces Back After Volatile Weekend: Geopolitical Tensions and ETF Approvals in Hong Kong
TL;DR Bitcoin experienced a volatile weekend, falling to around $65,000 from its trading price of $70,000 last Friday. The cryptocurrency continued its downward trend…
Bitcoin Whales Refuse to Sell
TL;DR Bitcoin exchange inflows have been low recently, suggesting a lack of interest from whales in selling. The situation resembles previous bullish rallies, but…
Collaboration between Nubit and Polyhedra: Boosting Efficiency in the Bitcoin Ecosystem
TL;DR Nubit partners with Polyhedra Network to improve data availability on the Bitcoin network. The collaboration seeks to implement availability testing solutions and improve…
Grayscale Records Minimal Cash Outflow in GBTC as Bitcoin Nears $70k
TL;DR Grayscale’s GBTC records lowest daily cash outflow at a record $18 million. Intense competition from other Bitcoin ETF issuers. Grayscale works to counter…
Bitcoin and Ethereum on Alert: Cryptocurrency Markets Turbulent Due to Inflation Data
TL;DR Bitcoin and Ethereum have seen their prices decline due to investor caution in the face of new inflation data in the US. Despite…
Bitcoin Experiences Massive Short Position Liquidation
TL;DR More than $102 million in Bitcoin short positions were liquidated in the market. Subsequently, there was a 3.8% decrease in the price of…
Bitcoin ETFs: Notable GBTC Outflow and Evolving Competition
TL;DR Grayscale Bitcoin Trust has seen an outflow of approximately 300,000 BTC since the ETF’s launch. The Bitcoin ETF market experienced a notable day…
Bitcoin’s Potential Rise to $220,000: A Market Prediction
TL;DR Bitcoin’s Resurgence: Bitcoin (BTC) has returned to the $72,000 mark, leading market analyst Gert van Lagen to predict a potential rise to $220,000 before…
Bitcoin Surpasses $72,000: Crypto Companies’ Stocks Rise Ahead of Halving
TL;DR Bitcoin surpasses $72,000, boosting shares of crypto companies. Coinbase shares rise 5.71% in pre-market trading. BTC rewards halving increases market optimism. In the…