🔸️ Bitcoin News

2024-04-30 10:15:18 MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced today. The company initially entered the Bitcoin market in August 2020, making a significant initial investment of $250 million into BTC.

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2024-04-29 21:20:26 Ethereum Gas Fees Six-Month Low Suggests Impending Altcoin Rally: Santiment

Gas fees on the Ethereum network have dropped to a six-month low. The average cost is $1.12 per transaction, marking the lowest figure since October 18. Analysts from Santiment noted that this drop in gas fees could be the start of an upcoming altcoin rally. According to Santiment, traders typically cycle between periods of extreme optimism, often characterized by the belief that a certain asset is set for exponential growth, and periods of pessimism, marked by the sentiment that it is declining.

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2024-04-29 09:45:18 ‘Buy Bitcoin’ Sign Held at Janet Yellen’s 2017 Speech Sells for $1M

Christian Langalis is anticipated to receive roughly $875,000, equivalent to 13.6 BTC, after Scarce.City deducts its 15% fee. A piece of notebook paper featuring the phrase “Buy Bitcoin,” famously seen in the background during a broadcast featuring then-United States Federal Reserve Chair Janet Yellen in 2017, has been sold for 16 BTC, equivalent to approximately $1.027 million. The auction, held at PubKey, a Bitcoin-themed bar in New York City, was organized and facilitated by the auction house Scarce.City.

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2024-04-28 10:30:24 The greatest Bitcoin explanation of all time.

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2024-04-27 19:59:58 Bitcoin Breaks Daily Transaction Record Days After Halving

The new record comes three days after the Bitcoin Halving, coinciding with the launch of Runes. The launch of Runes sparked a rapid increase, demonstrating growing interest and utility in cryptocurrencies, setting a new all-time high in Bitcoin’s transaction activity. Runes, a new token standard on the Bitcoin blockchain, has dominated transactions since its launch following the halving on April 20, accounting for over two-thirds of all Bitcoin transactions. With more than 2.38 million transactions processed, Runes make up 68% of the total.

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2024-04-27 07:29:58 Arkham Intel finds wallets associated with Wisdomtree's Physical Bitcoin ETP WBIT

The blockchain data tracking firm Arkham Intel found wallets associated with WBIT, a physical Bitcoin exchange-traded product (ETP) from the asset manager WisdomTree. "WisdomTree Physical Bitcoin is a physically backed exchange-traded product (ETP) designed to offer shareholders a simple, secure and cost-efficient way to gain exposure to the price of Bitcoin,” according to WBIT’s website. “The ETP provides for easy investor access, tradability, transparency and institutional custody solutions with a robust physically backed structure."

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2024-04-26 08:30:17 The buy Bitcoin sign shown behind Janet Yellen at a congressional testimony in 2017 sells for 16 $BTC (+$1 Million) at auction

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2024-04-25 20:31:28 BREAKING: The EU reportedly prohibits use of anonymous hosted Bitcoin wallets and cash payments > €10,000

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2024-04-25 10:30:45 Bitwise CIO predicts Bitcoin volatility will fall 50% as institutional adoption rises

Bitwise CIO Matt Hougan provided a comprehensive outlook on Bitcoin’s trajectory towards the 2028 halving, predicting a 50% decrease in volatility and heightened institutional investor engagement. Bitcoin (BTC) hit a new all-time high weeks before the 2024 halving in an unprecedented surge. Hougan believes this trend will continue post-halving and cause Bitcoin’s price to escalate dramatically, as it has in the past since its $13 valuation at the time of its first halving in 2012.

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2024-04-24 20:29:02 Bitcoin Runes made up 57.7% of transactions on halving day

Bitcoin halving, Runes have sparked intense debate and speculation by embedding rich data within Bitcoin's ledger, shifting how users interact with the blockchain. By leveraging transaction augmentation, Runes can enhance transactions with diverse data, from simple messages to complex scripts, showing a remarkable capability distinct from other Bitcoin-enhancements like Ordinals and BRC-20 tokens.

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