Leveraged Microstrategy ETFs break $400m as ‘hot sauce arms race’ heat up
The ETFs add leverage to Microstrategy’s already levered-up Bitcoin strategy. Investors can’t seem to get enough. Go to Source
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Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated
Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024, bitcoin crossed the … Read more
Bitcoin’s ‘Coinbase premium’ returns as BTC price heads for best September ever
Bitcoin is up 22% in the last three weeks as demand from U.S. investors gradually increased, pushing prices above pre-August crash levels. Go to Source
Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K
Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs. Go to Source
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support. Go to Source
The key misunderstanding with China’s purported BTC hashrate dominance
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%. Go to Source
QED, Nexus aim to bring smart contracts to Dogecoin
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said. Go to Source
Bitcoin Reaches $65K — Market Braces for Major Options Expiry
At 11:40 a.m. EDT on Thursday, bitcoin (BTC) surpassed the $65,000 mark. After the latest climb, the current trading price per BTC stands at $65,430 per coin. Bitcoin Peaks Above $65K Bitcoin (BTC) has enjoyed a rise today, reaching $65,499 during the morning trading hours. Of the day’s total crypto trade volume of $95.27 billion, … Read more
Country-wide Bitcoin adoption a mixed bag for national economies
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts. Go to Source
BOS Open-Sources Zero-Knowledge Protocol, Paving the Way for Advanced Cryptography on Bitcoin
BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockchain, enables zero-knowledge cryptography without altering Bitcoin’s core protocol. By facilitating decentralized atomic swaps, cross-chain transfers, and 2-way pegging, BitSNARK opens up new possibilities for Bitcoin to interact … Read more