Category Archives: Bitcoin (BTC)

According to financial giant BlackRock, Bitcoin is still a good portfolio diversified despite its high correlation with stocks, according to a recent report by CNBC.  In November, Bitcoin’s correlation with stocks collapsed to the lowest level since early 2020. Prior to that, the flagship cryptocurrency would move mostly in tandem with traditional stocks since it […]

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The launch of SolvBTC on major EVM-compatible blockchains is a remarkable milestone for the Bitcoin (BTC) ecosystem and Web3 as such. It unlocks attractive investing opportunities for holders of idle BTC in on-chain wallets. SolvBTC by Solv kicks off on Ethereum, Arbitrum, BNB Chain and Merlin Chain The team of Solv has announced the release […]

Ross Ulbricht, the founder of the infamous Silk Road marketplace, turns 40 tomorrow on March 27. He was sentenced to two life sentences to serve in prison and has already spent 11 years in prison cells – since he was 29. As his 40th birthday is almost here, the global cryptocurrency community again starts calling […]

In a recent social media post, Eric Balchunas, an ETF expert at Bloomberg, recently highlighted Hong Kong’s move toward allowing in-kind creations and redemptions for spot Bitcoin ETFs in the second quarter of 2024. This decision may set Hong Kong apart from the United States, where such transactions are strictly cash-based.  Balchunas predicts that this shift could […]

Renowned crypto analyst Willy Woo has suggested that BlackRock’s $9.5 trillion in assets under management could potentially migrate toward digital assets, particularly Bitcoin, as younger generations express growing confidence in cryptocurrency. Woo’s comments come in the wake of recent statements by BlackRock CEO Larry Fink, who emphasized the need to engage younger investors disillusioned with conventional […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

A recent breakthrough in cryptographic research has raised significant questions about the security of Bitcoin (BTC) and other digital assets relying on the SHA-256 algorithm. A tweet from crypto wallet solutions provider OneKey, stating “SHA-256 Collisions Breakthrough: Is Crypto Rekt?” alongside an image from an academic presentation, has gone viral, sparking intense discussion and concern. The […]

As the Bitcoin (BTC) price managed to hold above $70,000, which is its previous multi-year high from November 2021, the hashrate of the first crypto keeps rocketing. Bitcoin at $70K, hashrate over 700 EH/s: CryptoQuant CEO on “Container with three times more money” Despite Bitcoin’s (BTC) price only slightly exceeding its 2021 high, the aggregated […]

A substantial transfer stunned the crypto market on April 1 as the seventh wealthiest Bitcoin address made a monumental withdrawal from Bitfinex, totaling a staggering 8,889 BTC. The transaction, valued at a whopping $627 million, has drawn significant attention to activities surrounding the mysterious address. Related Speculation runs rife that the origin of this mammoth transfer […]