Bitcoin (BTC) “Store of Value” narrative might be on borrowed time due to conflicts of interest in the proof-of-work ecosystem, constant selling pressure and the vulnerability of miners, prominent Ethereum (ETH) proponent Adriano Feria says. Meanwhile, ETH/BTC rates dropped to the lowest levels since early April 2021. Bitcoin (BTC) flawed by selling pressure and conflicts […]
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The latest Bitcoin news
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BlackRock has reached a new milestone in its Bitcoin holdings, with a total of over 400,000 BTC. Right now, the hedge fund’s holdings are valued at around $26.98 billion, with a total of 403,725 BTC. This big accumulation comes as the asset management giant bought another 34,085 BTC over the past two weeks, which is […]
Tokyo-based early-stage investment firm Metaplanet now holds more than 1,000 Bitcoins. According to CEO Simon Gerovich, this makes it one of the largest corporate holders of the leading cryptocurrency in Asia. Related Recently, the company announced yet another purchase of 156.78 BTC. After adopting Bitcoin as its treasury reserve asset in a MicroStrategy-like pivot, the shares […]
According to ETF analyst Nate Geraci, Bitcoin exchange-traded funds (ETFs) are now approaching 1 million Bitcoins in total holdings. Collectively, they control roughly 5% of the total supply of the flagship cryptocurrency. Last week, Bitcoin ETFs recorded a total of $988 million worth of inflows. BlackRock’s record-shattering IBIT saw $1.15 billion worth of inflows in just […]
Microsoft shareholders are going to make a big decision in December about a proposal to diversify the company’s balance sheet by adding Bitcoin (BTC). Even though more and more people in the crypto community are interested in this, Microsoft’s board initially doubted the idea, which makes you wonder if the company is really ready to get […]
An ancient Bitcoin (BTC) whale from 2013 has unexpectedly resurfaced after more than 11 years, thanks to a report from Whale Alert. The wallet known as “12YJoU,” which was active until today, came to life for the first time since Sept. 17, 2013, by transferring 16,943 BTC, equivalent to $1.15 million at today’s prices, to a […]
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Bitcoin, the leading cryptocurrency, has surged above the $69,000 level, reaching an intraday high of $69,222 on the Bitstamp exchange, according to CoinGecko data. This comes after the bullish golden cross pattern recently formed on its daily chart. The cryptocurrency has hit its highest level since Oct. 21, the day it hit a multi-month high […]
Bitcoin (BTC), the largest cryptocurrency, is on the verge of reaching a major milestone. Its Energy Value, a raw value of electricity required for mining, is approaching $100,000 for the first time ever. The Energy Value model author masterfully predicted this five years ago. Bitcoin (BTC) hits $100,000 in energy value, model works like clockwork […]
A solo Bitcoin block was recently mined for the first time in over a decade, according to FutureBit founder John Stefanopoulos. A single user managed to find a Bitcoin block with their own hardware. “This is the first solo block in over a decade to be found on a single device, running a full node, and […]