In a sudden move just prior to the anticipated Bitcoin halving event, a substantial sum of $1 billion in Bitcoin has been transferred in a notable transaction to Binance, the world’s largest cryptocurrency exchange. Related The transaction, totaling 16,276 BTC, was revealed by Whale Alert, a platform specializing in tracking significant cryptocurrency movements. Despite originating from wallets initially […]
Category Archives: Bitcoin (BTC)
The latest Bitcoin news
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Private wealth management firm Bernstein has picked several mining stocks that could stand out following the halving event. CleanSpark (CLSK) and Riot Platforms (RIOT) were placed at the top of the list due to leading the market in self-mining hashrate. Bernstein believes that these stocks will be able to outperform due to superior execution. Earlier this […]
Recent days have witnessed a shift in sentiment toward the Bitcoin ETF sector, with data revealing a temporary downturn in flows. According to recent data from a notable analytics firm, Bitcoin spot ETFs experienced a net outflow of $165 million yesterday. Notably, Grayscale ETF GBTC reported a net outflow of $133 million, while BlackRock ETF IBIT […]
Gold bug Peter Schiff has taken to the X social media network to proclaim that the “Bitcoin fad” is now over after the top cryptocurrency by market capitalization recorded yet another drop below the make-it-or-break-it $60,000 level. He has added that “Bitcoin pumpers” are not out of excuses after the top cryptocurrency by market capitalization […]
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As the countdown to the highly anticipated Bitcoin halving event inches closer, Tether, the prominent issuer of USDT, has made a notable move by minting an additional one billion USDT on the Ethereum network. This maneuver by Tether comes at a crucial point, with the Bitcoin halving set to occur in mere hours, now less than […]
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According to cryptocurrency analytics platform IntoTheBlock, miners’ Bitcoin holdings have dropped to a 12-year low ahead of the upcoming halving event. The reserves of major mining pools, which include such major names as Viabtc, Bitfury, Poolin, Antpool, Binance, currently stand at 1.92 million BTC, according to IntoTheBlock. There has been a 52% increase in miner outflows […]
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