Bitcoin News

2024-03-18 19:03:14 Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity

As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more than ever before. Additionally, post the 2028 halving, miners will receive 1.5625 bitcoin per block as rewards, marking the final occasion that a whole bitcoin will be part of the reward subsidy following the 2032 halving.

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2024-03-17 23:55:00 Bitcoin Is a Top 10 Financial Asset by Market Cap

Bitcoin’s progress as the asset entered the top 10 financial assets in February by surpassing Warren Buffett’s Berkshire Hathaway. A few weeks down the line, BTC’s market cap exceeded $1.4 trillion and surpassed that of Meta and silver, becoming the 8th largest financial asset. The latest declines, though, have halted some of its progress, and BTC is now behind the metal.

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2024-03-17 11:21:14 $200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help our financial professionals implement these products in client portfolios,” said Cetera’s head of investment products.

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2024-03-16 19:35:00 32MB blocks is how Bitcoin has started - Vitalik

Bitcoin: Has a block size of 1 MB
Bitcoin Cash: Has a block size of 32 MB
Bitcoin SV: Has a block size of 4 GB.

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2024-03-16 11:00:00 Spot ETF net inflows slow as bitcoin retreats from latest all-time high

On Thursday, the U.S. spot bitcoin ETFs saw their net inflows slow to the lowest level so far this month as bitcoin swiftly retreated after reaching its latest all-time high. Net inflows fell to $132.5 million yesterday, heavily impacted by $257.1 million in outflows from Grayscale’s converted GBTC fund, according to data from BitMEX Research. Total net inflows since spot bitcoin ETF trading began on Jan. 11 now stand at just under $12 billion — or over 211,000 in bitcoin terms.

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2024-03-15 19:30:00 “They have more to fear by not embracing Bitcoin than by embracing it.” - Saylor

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2024-03-15 12:50:00 Bitcoin Brushes $73,794 Peak Before Midday Price Fluctuations

Bitcoin’s valuation experienced a fluctuating day on Thursday, initially dipping below the $70,000 mark at 12:30 p.m. Eastern Time before ascending back above the $70,000 threshold shortly thereafter. In the early hours of Thursday, bitcoin (BTC) reached a new zenith in its price, touching $73,794 momentarily during morning trading sessions. By 2:20 p.m. Eastern Time (ET) on March 14, 2024, BTC was navigating around $70,271 to $70,905 per unit within a 30-minute span.

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2024-03-14 20:32:01 Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings

On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures.

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2024-03-14 11:47:04 BBC News covers Bitcoin saying "almost hourly now this virtual currency is hitting new all time highs."

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2024-03-13 21:05:00 Spot bitcoin ETF net inflows cross record $1 billion in a single day

Yesterday was yet another day of record inflows for the recently approved spot bitcoin exchange-traded funds in the United States. On March 12, net spot bitcoin ETF inflows hit over $1 billion, according to data from BitMEX Research. At the same time, Blackrock's IBIT product — which, earlier this week, crossed 200,000 BTC in assets under management — saw a record $849 million inflow.

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