“Bitcoin (BTC) is the most beautiful currency in the world,” said Paolo Ardoino, CEO of Tether (USDT), the world's largest dollar-pegged stablecoin issuer. Ardoino, who is also CTO of Bitfinex, made the remarks during an interview with CryptoPotato at the recent Token 2024 Dubai conference, where...
Bitcoin plunged 3% on a series of bad news. It dropped to the $64K mark. The impending redemption of Mt. Gox (Magog) and the increase in GBTC net outflows are cited as factors. The drop in ETH was even bigger, with ETH barely hovering around $3.1K at the same time. Ethereum is an altcoin, an...
Bitcoin's Runes accounted for 81% of all transactions on the Bitcoin network on March 23, according to DeCrypt, citing data from Dune Analytics. According to the data, regular Bitcoin transactions accounted for 19% of the total, while BRC-20 tokens and Audience accounted for 0.2% and 0.1%,...
Bloomberg reported on April 24 that “a growing number of crypto hedge funds are taking an interest in memecoin.” “The hedge fund industry has been mesmerized by memecoin's stunning returns. Dogwifhat's (WIF) more than 300-fold rally has attracted the attention of hedge funds,” Bloomberg added. In...
The number of addresses holding more than $1,000 in BTC is on the rise, indicating a positive growth trend, according to a report from Fidelity Digital Assets. According to the data, there were about 10.6 million wallets holding $1,000 or more in BTC in mid-March, up about 100% from 5.3 million...
According to Woblockchain, Binance co-founder He Yi said in a court petition for former Binance CEO Zhao Changpeng's leniency that “Zhao's biggest mistake was his ignorance.” “Most of the members of Binance's founding team had no legal background and few could read English, except for Mr. Zhao....
“The crypto market has survived the halving and the US tax deadline, and the bull run is here to stay,” Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, wrote on his blog. “2024 is an important year for many countries with presidential elections. In the U.S., government spending...
Bitcoin is trading sideways at $66,000. At the time of writing, bitcoin was trading at $651,513.67 (average price on major exchanges), down 0.5% from the previous day, according to cryptocurrency statistics site CoinGecko. Ethereum is also up 0.2% to $3219.45, while Binance Coin is down 0.4% to...
Bitcoin spot ETFs saw net inflows of $62.09 million on April 22nd. Fidelity GBTC saw net inflows of about $35 million and Grayscale GBTC saw net outflows of about $35 million. Cumulative net inflows into BTC spot ETFs totaled $12.84 billion.
"Bitcoin's on-chain metrics post-halving have been decidedly positive," Bitfinex said in its weekly analyst report, Bitfinex Alpha. The latest data shows that the average daily Bitcoin deposited by miners into spot exchanges last month was around 374 BTC, down from 1,300 BTC in February. This...
Crypto analyst and trader Ali Martinez writes via X, "Bitcoin support is currently targeting $66,000. 1.54 million addresses bought $747,000 worth of Bitcoin at that price level. The next major resistance level is in the $69,900-$71,200 range."
Bitcoin Magazine reports via X that "BlackRock's BTC spot ETF IBIT currently holds 273,596 BTC, valued at about $18 billion at the current price. That's 59,350 more than MicroStrategy (Nasdaq ticker: MSTR)." "Bitcoin is the most widely adopted digital asset, and many people see it as more than a...