Bitcoin

Concerns about Bitcoin mining centralization have resurfaced following a notable event involving AntPool, the second-largest BTC mining pool On May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904 in one hour and thirty-eight minutes. AntPool Mines 7 Consecutive Blocks During this period, the mining pool confirmed over 20,000 transactions and earned 23 BTC—21.875 BTC in mining rewards and 1.283 BTC in fees. AntPool 7 Consecutive Mined Blocks. Source: Mempool.space This impressive streak caught the crypto community’s…

Bitcoin ETFs have become more popular than gold ETFs among professional firms. Institutional investors now hold over $11 billion in Bitcoin ETFs, driven by the potential for high returns. Exchange-traded funds (ETFs) backed by Bitcoin have surpassed traditional gold ETFs in popularity among professional firms, marking a dramatic transformation in the investment environment. This trend shows that institutional investors are becoming more confident about digital assets, as revealed by recent data. Spot Bitcoin ETFs were present in the 13F filings…

The recent completion of Bitcoin's halving has market watchers buzzing about what comes next. The focus shifts to alternative cryptocurrencies, which many anticipate will experience significant growth. This moment has historically marked shifts in investor attention, causing ripples through the market. The article will delve into which altcoins are poised to surge and analyze the potential behind their burgeoning popularity. CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens CYBRO is a new aggregator platform on Blast that…

The US Dollar dominance is under threat as the BRICS discuss the creation of an independent payment system and de-dollarization.  According to the Rich Dad Poor Dad author, Robert Kiyosaki, it is safer to buy Bitcoin, gold or silver to escape from the potential hyperinflation that could arise from the de-dollarization.  BRICS’ long-term decision to implement a geopolitical game-changer through the launch of a decentralized financial system to end the dominance of the US Dollar catches the attention of the…

Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on. Why This Analyst Swapped His Bitcoin For Altcoins In an X (formerly Twitter) post, Van de Poppe explained that altcoins have been “crushed unreasonably hard.” As such, he believes things can only improve from here…

The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time in nearly a month. As expected, this latest price movement has sparked a lot of speculation and discussion around the premier cryptocurrency. Popular blockchain analytics firm CryptoQuant has shared on-chain insights into the recent Bitcoin price rally and…

According to data from CoinMarketCap, Bitcoin rose by 2.9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data.  However, Bitcoin is an asset subject to the influence of several forces. According to a report by blockchain analysis platform LookonChain, BTC may soon experience another price rally following an increase in the…

Crypto expert Willy Woo has predicted that Bitcoin will still make significant moves to the upside. He made this claim based on an indicator that suggests crypto investors are still willing to buy the flagship crypto at higher prices.  Bitcoin Still Has “A Lot Of Room To Run” Woo mentioned in an X (formerly Twitter) post that Bitcoin still has a lot of room to run before the flagship crypto experiences a reversal or consolidation. To support his bullish sentiment,…

Mintlayer, a Layer-2 protocol linked to Bitcoin and decentralized finance (DeFi), announced its partnership with Salus, a Web3 security services platform, to develop Thunder Network, a Layer-3 solution built on BTC. The new network promises scalability, improved privacy, and faster transaction speeds. Thunder Network will allow to use Ethereum Virtual Machine (EVM) capabilities in a Bitcoin-connected application. Developers will also be able to create decentralized applications (DApps). Mintlayer and Salus Will develop “Thunder Network” On L3 The partnership marks a…