Long-term investors are hoarding bitcoin at historic levels in hopes of a new high, but JPMorgan analysts believe that factors driving crypto bullishness, such as impending approval of spot ETFs and the upcoming halving, may have little impact on the token. They believe that spot ETFs would attract investment from existing bitcoin products rather than...
Bitcoin, ethereum and other major cryptocurrencies have seen a spectacular recovery this year (though ethereum’s founder has issued a stark warning over crypto’s “next bull run”). The bitcoin price has topped $30,000 per bitcoin for the first time since last summer while ethereum has surged to over $2,000 per ether as upgrades fuel a price...
The license permits Bitfinex Securities El Salvador to facilitate tokenized assets. El Salvador became the first country to adopt Bitcoin as ledger tender in 2021. Bitfinex Securities El Salvador, a newly-established entity belonging to cryptocurrency exchange Bitfinex, has emerged as the first licensed digital asset service provider (DASP) in El Salvador. The licensing comes three...
The bitcoin rate rose above $29,000. On the morning of March 30, the price of BTC exceeded this mark, updating the maximum since June 10, 2022. The asset rate rose from $28.3 thousand to $29.12 thousand within half an hour, after which it dropped back to $28.3 thousand in 40 minutes. According to CoinGecko, at...
Bitcoin mining difficulty increased by 70% in a year. According to BTC.com, on March 24, 2022, BTC mining difficulty was 27.42 T. As a result of the next recalculation on March 24 this year, the indicator reached a new all-time high at 46.84 T. The previous record was set on March 11, when the difficulty...
Nonfungible token marketplace Magic Eden has launched its own “fully audited” marketplace for Bitcoin Ordinals, leveraging the surging interest in “Bitcoin NFTs.” The newly launched marketplace allows Bitcoin NFT traders to buy and sell Bitcoin Ordinal collections, giving users a similar experience to the one that Magic Eden offers for Polygon, Ethereum and Solana-based NFTs....
The bitcoin exchange rate has exceeded $28.000 and has updated the maximum since June 11, 2022. According to CoinGecko, on the evening of March 19, the value of the first cryptocurrency reached $28,509. Over the past 24 hours, the price of BTC has increased by 2%. The market capitalization of the first cryptocurrency is $535...
The difficulty of mining bitcoin has reached a new record. As a result of the next recalculation, carried out on March 11, it updated its historical maximum, having increased by 1.16%, to 43.55 T, according to BTC.com. The previous record was set on February 25, when the difficulty reached 43.05 T. At that time, the...
The American mining company TeraWulf has announced the launch of the Bitcoin production site, which receives 100% energy from the nuclear power plant. A joint Nautilus object with Cumulus Coin with a capacity of 200 MW is connected to the Saskuekhanna nuclear power plant in Pennsylvania. The press release states that this is the first...
American rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app called “Shiller” — adding to yet another Web3 partnership for the well-known hip-hop artist. The app is described as a “live broadcast platform” that aims to combine Web3 technology with real-time live-streaming content. The rap...
