There’s a very slight chance that Bitcoin (BTC) has already reached its peak this cycle at the $70,000 mark, at least, based on the “exponential decay” pattern floated by veteran trader Peter Brandt. Of course, many other price models and predictors suggest the cryptocurrency is still far from its cycle peak — and could instead top […]
Cryptocurrency
Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
A single Bitcoin miner has defied the odds by solving a Bitcoin block alone, netting them the full 3.125 Bitcoin block reward. On April 28, software engineer and administrator from the solo mining pool ckpool, Con Kolivas, posted to X that a miner had solved the 282nd solo block in Bitcoin’s history. He added that […]
Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst
Bitcoin printed a bull flag on the daily chart, a technical chart pattern associated with strong upward momentum for the asset. Could it signal the start of the post-halving bull run? Bitcoin bull flag suggests more upward momentum — Analyst Bitcoin printed a bull flag pattern on the daily chart on April 26, according to […]
Will the Bitcoin Halving Spark a Huge Rally?
Bitcoin’s fourth halving has passed, setting the stage for a new era. In the dynamic realm of cryptocurrencies, few events command as much attention and potential impact as Bitcoin‘s (BTC 0.87%) halving. On April 19, Bitcoin experienced its fourth halving, marking a pivotal moment in its journey. While past performance doesn’t always predict future results, a closer examination of […]
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […]
Bitcoin price coils near $64k, analyst predicts cycle top at $300k
Bitcoin’s (BTC) price continues to coil in post-halving trading as the past 24 hours have seen the top crypto trade in a narrowing range between $63,520 and $65,285 while traders await the next market-moving catalyst. BTC/USD Chart by TradingView The sideways price action comes as the U.S.-listed spot Bitcoin ETFs continue to record outflows. Fidelity’s […]
Bitcoin Chops Around $64K, With Japanese Yen’s Tumble Maybe Signaling ‘Currency Turmoil,’ Analyst Says
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview. Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese yen’s tumble to a fresh […]
Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation
Bitcoin held above $63,000 on April 26 despite facing a slew of negative influences. These include significant outflows from spot Bitcoin exchange-traded funds (ETFs) over two days, heightened regulatory scrutiny marked by a United States Federal Bureau of Intelligence warning against unregistered crypto services, and efforts by U.S. senators to scrutinize cryptocurrency transactions. On April 25, […]
‘Epic sat’ mined from fourth Bitcoin halving block sells for $2.1M
An “epic sat” — an exceptionally rare satoshi mined from the fourth Bitcoin halving block — has sold for 33.3 Bitcoin (BTC), worth about $2.13 million. The sale of the satoshi — the smallest unit of Bitcoin — took place on cryptocurrency exchange CoinEx Global on April 25 — roughly five days after one of its partners, […]
SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud
The United States securities regulator filed a lawsuit against Geosyn Mining and its co-founders alleging they defrauded investors out of $5.6 million by lying about the amount of crypto mining rigs it operated while using customer money for personal expenses. The Securities and Exchange Commission’s April 24 lawsuit in a Fort Worth, Texas federal court claimed Geosyn, […]