Cryptocurrency

Bitcoin (BTC) started the week stable, changing hands above $65,800, as transaction fees have significantly lowered following the halving. On-chain data from Mempool.space shows that medium-priority transactions are now costing $8.48 while high-priority transactions cost $9.32. (Mempool.space) In the initial aftermath of the halving, these fees spiked to over $146 for a medium-priority transaction and $170 for a high-priority transaction. The […]

Bitwise CEO Hunter Horsley has predicted that wealth management firms will increase their holdings of Bitcoin exchange-traded funds (ETFs). The prediction comes at a time when Bitcoin ETFs are expected to gain even more traction after the halving. Horsley’s prediction aligns with the broader market belief that there is increasing demand for ETFs, given that Bitcoin investments in […]

It has now been three months since the first spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) launched. In that time, they have managed to accumulate more than $30 billion in assets. They have become an easy and convenient way for first-time crypto investors to get exposure to Bitcoin. Arguably, these spot Bitcoin ETFs have become the biggest, new, Wall […]

Bitcoin users have spent a staggering 37.7 Bitcoin in fees — worth just over $2.4 million at current prices — to nab their share of limited space on the fourth-ever Bitcoin halving block. At 12:09 am UTC on April 20, Bitcoin miner ViaBTC produced the 840,000th block, triggering the automated protocol that cuts miner rewards […]

Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran. Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to […]

The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25. The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics. Mechanically, the halving itself shouldn’t affect the price of […]

You’d struggle to find a better-performing investment. During the past decade, the S&P 500 and the Nasdaq Composite Index have returned 231% and 335%, respectively, including dividends (as of April 15). This shows that it has been a fantastic time to be a stock market investor. However, Bitcoin (BTC 3.60%) has absolutely crushed those gains. If you invested $1,000 in the world’s oldest […]

Bitcoin rose above $64,000 on Friday, rebounding from a drop below the $60,000 mark, as the cryptocurrency continues to experience volatility ahead of the upcoming halving event. The price of bitcoin was $64,739.04 at around 6:15 a.m. ET, according to CoinDesk data, up more than 5% from 24 hours prior. Other cryptocurrencies also jumped. Ether […]

Bitcoin saw flash volatility on April 19 as geopolitical turmoil in the Middle East spilled into financial markets. BTC/USD 1-hour chart. Source: TradingView BTC price whipsaws into halving Data from Cointelegraph Markets Pro and TradingView showed new seven-week BTC price lows of $59,630 hitting after the April 18 daily close. These accompanied renewed tensions between Iran and Israel — a particularly […]

Bitcoin continues to fall on Wednesday, April 17, by declining over 3.84 per cent to $61,309. The world’s largest cryptocurrency has fallen over 8.81 per cent in past five days and over 10.31 per cent in the last one month. The Commerce Department’s Census Bureau reported a 0.7% increase in retail sales last month. Additionally, […]