CryptoNewsZ

• Standard Chartered estimates further upside for Bitcoin May 8, 2024
  Bitcoin is currently listed at $62,626.23, down by 1.45% in the last 24 hours. Despite the majority of the community anticipating a surge post-Bitcoin Halving, a long-awaited consolidation occurred. The ongoing phase of BTC has raised questions about its future predictions—for instance, if BTC will even break the trend for a new ATH or if […]
  Scott Cook
• Grayscale’s GBTC spot Bitcoin ETF rakes in $4M May 7, 2024
  The GBTC spot exchange-traded fund belonging to Grayscale managed to rake in $4 million within the converted trust. This was the second inflow. This is after 78 days of the GBTC ETF net outflows when it came in for a further .$63 million. From the time GBTC converted into the spot bitcoin trust earlier this […]
  David Cox
• Bitcoin whale’s dormant wallet reactivates after a decade May 7, 2024
  In an unexpected turn of events that has created discussion and intrigue in the cryptocurrency industry, a dormant Bitcoin wallet belonging to a well-known whale has unexpectedly resurfaced after being idle for over a decade. The rapid activity in the wallet, which contains a significant amount of Bitcoin accumulated during the cryptocurrency’s early days, has […]
  Roxanne Williams
• Bitcoin exchange inflows witnessing a real downslide May 7, 2024
  BTC exchange inflows have been declining for some time, as CryptoQuant author Axel Adler Jr. noted in a post on X.  Where the exchange inflow is concerned, it is an on-chain identifier tracking the full volume of Bitcoin that investors have deposited into wallets connected with centralized exchanges.  The increased metric signifies that holders are […]
  David Cox
• Bitcoin slips to $63K amid increased U.S. regulatory pressure May 7, 2024
  Speculations are doing the rounds that though Bitcoin is experiencing a downward slide to $63,000, it will soon make a substantial recovery. The reason for the drop is being attributed to the added regulatory strictures.  The price ups and downs continued following RobinHood, a brokerage business, informing that they had come in for a Wells […]
  Trevor Holman
• Bitcoin makes history: Surpasses one billion transactions May 6, 2024
  Bitcoin, the pioneering cryptocurrency, has reached a significant milestone, surpassing the one billion transactions mark nearly eight hundred weeks after its launch. This achievement underscores Bitcoin’s enduring relevance and adoption as a decentralized digital currency, with implications for its future growth and evolution. Since its inception on January 3, 2009, by the pseudonymous creator Satoshi […]
  Scott Cook
• Bitcoin’s latest dip: Crypto dreams clash with Reality May 6, 2024
  Following a remarkable seven-month price increase, Bitcoin experienced its worst month since November 2022 in April, with a loss of over 16% of its value. Unexpectedly, this decline occurred immediately following the highly anticipated Bitcoin halving event that took place on April 18. However, the general expectation was that the decrease in supply would boost […]
  Trevor Holman
• Bitcoin 2024: Boom or bust? Experts weigh in May 3, 2024
  The year has been amazing for the crypto market, especially for industry leaders like BTC. Crypto broke the long slump and eventually hit its all-time high. Bitcoin is currently going through a correction phase and trading around the 59,500-dollar mark. With the fourth BTC halving event upcoming, the coin can undergo unforeseen changes. That is […]
  Trevor Holman
• MicroStrategy launches decentralized identity platform on Bitcoin blockchain May 2, 2024
  MicroStrategy, the leading business intelligence firm and one of the earliest institutional adopters of Bitcoin, has made waves once again with the announcement of MicroStrategy Orange – a groundbreaking decentralized identity (DID) platform built on the Bitcoin blockchain. This innovative initiative represents a significant step forward in integrating blockchain technology into everyday applications, offering users […]
  Roxanne Williams