Bitcoin News
Bitcoin (BTC) emerged in 2008 as the brainchild of an anonymous individual or group known as Satoshi Nakamoto. Its longevity can be attributed to a combination of software, cryptography, and financial incentives, rather than relying on the decisions of trusted intermediaries. The cryptocurrency marvel ensures the integrity and transparency of transactions within the Bitcoin ecosystem. The BTC network has a diverse range of participants, including miners who contribute to the network's security and facilitate the creation of new Bitcoins, traders who engage in speculative activities with this unique market-driven asset and developers who strive to introduce more individuals to the world of cryptocurrencies.
It appears that Grayscale is preparing for a spot Bitcoin ETF launch by updating its trust agreement to improve "operational efficiencies." The modifications to the Trust Agreement include changes to the fee structure and the way assets are held for easier share creation and redemptions.
Standard Chartered Bank has reaffirmed its previous forecast that Bitcoin (BTC) will reach a price of $100,000 by the conclusion of 2024.
Mummolin, Inc, a company headquartered in Wyoming, has recently declared the accomplishment of a $6.2 million seed funding round. This funding round was led by Jack Dorsey and included notable investors like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital and the Bitcoin Opportunity Fund among others.
In a recent video, Charles Hoskinson, the co-founder of IOHK and the Cardano blockchain project, expressed his disappointment with the U.S. regulator's decision to classify ADA as a security.
Antpool successfully mined the Bitcoin block with the enormous transaction fee, and the sender's wallet was established mere minutes prior to the transfer.
The price of Bitcoin is currently maintaining its position below the $37K threshold after the recent resolution reached between the U.S. Department of Justice (DOJ) and Binance.
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Following pro-bitcoin libertarian Javier Milei's win in the presidential election, the price of BTC in Argentina is once again nearing its all-time highs.
Bitcoin slowly continues to approach the much anticipated price range of $50K before the BTC halving. Despite traders not reaching their long-term goals "yet," now is the time to understand the importance of patience in the crypto market.
As the crypto market predicted, the delay in the approval of a spot Bitcoin ETF (exchange traded fund) by the SEC has had no immediate consequence on the current Bitcoin price.
The Bitcoin price has surged to an 18-month high, registering an impressive 120% increase for 2024. That being said, the anticipated Fear of Missing Out (FOMO) phenomenon by retail and institutional investors that usually accompanies bullish markets has not yet fully materialized.
Joana Cotar, a federal parliament member of the German Bundestag, has recently expressed her endorsement for the official recognition of Bitcoin as a legal tender in Germany.
