Bitcoin

Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review

Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an u...

3 Mar 2024

The Nigerian Government and Binance: The Way Forward — CMO of Flincap

The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail ad...

3 Mar 2024

Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit

In a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms Win...

3 Mar 2024

Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making...

3 Mar 2024

Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’

Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army ...

3 Mar 2024

Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a ‘Starting’ Candle

Veteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin price ...

3 Mar 2024

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once ...

3 Mar 2024

Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee Rewards

In a landmark governance decision, Uniswap’s community has voted unanimously in favor of a proposal to reward UNI token holders who stake and delegate their tokens. The upgrade, aimed at revitalizing the protocol’s decision-making process, ...

2 Mar 2024

Key Points | Feb. 28, 2024 | Bitcoin Price Breaks Out as Memecoins Surge

Memecoin surges while Bitcoin climbs to $57K in today's Key Points.

28 Feb 2024

Key Points | Feb. 27, 2024 | Bitcoin ETFs Breaks All Time Volume Record

Bitcoin Spot ETFs continue to dominate in today's Key Points.

27 Feb 2024

5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin

In a document dump of emails, Bitcoin’s pseudonymous creator foresaw many of the biggest trends driving the development of the first cryptocurrency.

26 Feb 2024

Ether is Now the Largest Institutional Crypto Asset: Bybit Research

Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade.

26 Feb 2024

Craig Wright’s Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up

The emails were disclosed by Wright's counsel after COPA's expert witness Patrick Madden spent a tense day on the stand.

26 Feb 2024

Saturn secures $800k for Bitcoin-based decentralized exchange development

Saturn, a peer-to-peer order book built on the Bitcoin network, secured $800,000 for its seed funding round led by Sora Ventures, according to a Feb. 26 statement shared with CryptoSlate. With this capital, Saturn intends to expedite its vision for Bitcoin-based fungibility. The funds will fuel further advancements in its technical infrastructure, team expansion, and […]
The post Saturn secures $800k for Bitcoin-based decentralized exchange development appeared first on CryptoSlate.

26 Feb 2024

MSTR rallies 10% as MicroStrategy buys $155 million Bitcoin in 10 days

MicroStrategy bolstered its Bitcoin reserves by purchasing 3,000 BTC for approximately $155 million within ten days. This purchase takes the business intelligence and Bitcoin development firm’s total holding to 193,000 BTC, acquired for around $6.09 billion at an average price of $31,544 per BTC. According to Nasdaq data, the news has positively impacted the early […]
The post MSTR rallies 10% as MicroStrategy buys $155 million Bitcoin in 10 days appeared first on CryptoSlate.

26 Feb 2024

Bitcoin Tops $54K, May Run Towards $58K as Crypto Rally Resumes

Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.

26 Feb 2024

Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows

Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. CoinShares’ latest weekly report showed the network as the only major digital asset that recorded negative flows for the duration, blaming it on how “recent outages […]
The post Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows appeared first on CryptoSlate.

26 Feb 2024

First Mover Americas: Bitcoin Correction Could Be Approaching

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

26 Feb 2024

Satoshi Nakamoto’s Growing Fortune Nears Entry Into World’s Top 25 Richest Individuals

2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This upti...

25 Feb 2024

Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom

In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency...

25 Feb 2024

Donald Trump’s Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump-Branded Tokens

Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a si...

25 Feb 2024

Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022

Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size ...

25 Feb 2024

Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review

Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrenc...

25 Feb 2024

Leveraging Web3 to Incentivize Fitness Behavioral Changes — Co-Founder of Sweat Economy Oleg Fomenko

The start of every year presents an opportunity for new beginnings. Many people set out with ambitions to hit the gym, exercise regularly, or walk more instead of driving. Sadly, it’s estimated that it takes the average American just seven weeks to los...

25 Feb 2024

SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting

Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible toke...

25 Feb 2024

ECB Economists: Bitcoin Fails to Become Global Decentralized Digital Currency, BTC’s Fair Value Is Still Zero

The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin&#x...

25 Feb 2024

Pantera Capital Predicts ‘Strong’ Crypto Bull Market Over Next 18-24 Months

American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provi...

25 Feb 2024

Robert Kiyosaki Says If Bitcoin Crashes He Would Be Happy and Buy More

Rich Dad Poor Dad author Robert Kiyosaki has explained what he will do if the price of bitcoin crashes. The famous author has been recommending bitcoin alongside gold and silver for quite some time, and he recently increased his bitcoin holdings follow...

25 Feb 2024

Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators

Satoshi saw an irony in the debate between economic conservation and conservation in an email thread with an early collaborator Martii 'Sirius' Malmi.

23 Feb 2024

First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

23 Feb 2024