Bitcoin | Ethereum | Altcoin

2024-02-24 19:40:30 'No Guarantee' Bitcoin Halving Will Be Favorable for Miners: Riot Platforms

One of the largest Bitcoin mining facilities, Riot Platforms, has warned shareholders that there is "no guarantee" the Bitcoin halving will have a positive impact on its profitability. Roughly every four years, Bitcoin is programmatically set for a "halving" which cuts the reward for mining new blocks in half as a way to keep inflation in check. Bitcoin is set for its next halving sometime in April with some speculators thinking that it will increase the price of Bitcoin.

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2024-02-24 12:20:19 Never-before-seen Satoshi Nakamoto emails add several details to Bitcoin’s origin lore

Private email correspondence between the pseudonymous Bitcoin creator Satoshi Nakamoto and an early contributor to the project, Martii Malmi, has shed further light on the origin story of the flagship crypto and its creator’s earliest thoughts about the future. The emails were shared as evidence by Malmi in the Crypto Open Patent Alliance (COPA) vs. Craig Wright trial as part of his testimony. The trial has been ongoing since the beginning of February and will determine whether Wright’s claims of creating Bitcoin have any substance.

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2024-02-23 18:35:23 Donald Trump can now ‘live with’ Bitcoin accepting growing demand, suggests further regulation

Former US President Donald Trump’s stance toward Bitcoin has taken a different turn, with him noting the growing demand for the flagship digital asset. In 2021, the former President described Bitcoin as a “scam against the dollar” that regulators should take action to monitor. At the time, Trump’s skepticism stemmed from the perceived risks of cryptocurrencies, including their volatility and susceptibility to facilitating illicit financial activities.

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2024-02-23 10:52:02 Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster

Bitcoin miner Marathon Digital (MARA) to roll out Slipstream - a new offering that will help expedite the processing of complex transactions. If a complex transaction meets Marathon's minimum fee threshold and conforms to the network's consensus rules, the miner will add the transaction to the members pool or mempool for mining, the miner said. Mempools are essentially waiting rooms for Bitcoin transactions.

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2024-02-22 20:15:22 Two Bitcoin spot ETFs rank among top 8 for ETF inflows in 2024

According to Nate Geraci, President of the ETF Store, 2024 has marked a significant year for Bitcoin Exchange-Traded Funds (ETFs), particularly BlackRock IBIT and Fidelity FBTC. Geraci highlights these two Bitcoin ETFs as standing among the top 8 in terms of ETF inflows this year, a notable achievement considering the diverse ETF landscape. Feb. 21 reveals that IBIT has experienced net inflows totaling $5.5 billion, while FBTC has witnessed net inflows of $3.7 billion.

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2024-02-22 12:40:20 Bitcoin call options cluster above $60,000 indicating post-halving bullish sentiment, analyst says

According to one analyst, bitcoin options are signaling a bullish sentiment post-halving, evidenced by the strike positioning and put-call ratio for the end-of-month expiry in June. "The June expiry is a good gauge for halving sentiment and our charts shows much more upside positioning. The put-call ratio is significantly lower in June, at 0.28 versus 0.55 for March, and strike positioning is also higher," Deribit Chief Commercial Officer Luuk Strijers told The Block.

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2024-02-21 18:50:24 Coinbase International Exchange hits $1 billion in daily trading volume

Coinbase’s non-US exchange saw over $1 billion in daily trading volume on Feb. 20. Coinbase CEO Brian Armstrong commented that it was the “first time” the non-US unit surpassed the $1 billion daily volume mark and noted that the service “continues to grow.” The amount includes an Ethereum (ETH) perpetual trading volume of $557.5 million, Bitcoin (BTC) perpetual trading volume of $425.9 million, and Solana (SOL) perpetual trading volume of $50.6 million.

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2024-02-20 20:45:29 Robert Kiyosaki Expects Bitcoin to Hit $100K by June This Year

Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $100,000 by June this year. This prediction aligns with his earlier forecast of bitcoin’s rise and gold’s decline. Kiyosaki recently increased his bitcoin holdings in anticipation of a price surge fueled by the recent approval of spot bitcoin exchange-traded funds (ETFs) and the upcoming Bitcoin halving.

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2024-02-20 08:30:20 Top wirehouses will become involved with spot Bitcoin ETFs, Galaxy executive says

A representative from Galaxy has predicted that spot Bitcoin ETFs will gain further adoption in the coming months, as reported by FOX Business on Feb. 19. She noted that some advisers are not currently allowed to recommend spot Bitcoin ETFs to clients because their firms must first perform due diligence on the products and their market performance. Current restrictions seemingly leave room for the future institutional adoption described above.

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