Short-term Bitcoin holders control 16.8% of the supply

Bitcoin, continues to captivate the attention of investors and analysts alike. Understanding the dynamics of Bitcoin’s short-term holders is crucial for gauging market trends and predicting future movements. This article delves into the current status of Bitcoin’s short-term holders, their…

Trump Backs Bitcoin at Mar-a-Lago: Republicans Show Support for Crypto

Several Bitcoin miners met with former President Donald Trump at Mar-a-Lago on Tuesday night. This meeting, reported by Matthew Schultz, executive chairman at crypto mining company CleanSpark (CLSK) Inc., highlights Trump’s growing engagement with the cryptocurrency community. The former president…

Bitcoin Futures Net Short Interest Hits Record Driven by Basis Trade

Bitcoin futures are experiencing a record high in net short interest among leveraged funds. However, this should not be interpreted as a widespread bearish sentiment among hedge funds. The underlying reason is more likely the rise of an increasingly popular…

Bitcoin Rally Spurs IPOs and Renewed Market Optimism

Bitcoin recent surge to near-record highs has reignited interest and excitement in both the cryptocurrency market and the broader financial world. This renewed enthusiasm marks a significant shift from the somber outlook of last year, when the digital asset sector…

OP_CAT Proposal Boosts Bitcoin Smart Contracts and Security

Bitcoin, often hailed as digital gold, has built a reputation as a stable and secure blockchain. This reliability comes from its conservative approach to upgrades, focusing on stability over frequent changes. However, this may soon change as the community considers…

The University of Austin Embraces Bitcoin in $5M Fundraising

The University of Austin (UATX), set to welcome its inaugural class this fall, is a newly established institution in Texas with a unique approach to education and finance. Dedicated to free speech and intellectual risk-taking, UATX is making headlines by…

BlackRock iShares Bitcoin Trust Leads With $20 Billion

BlackRock Inc.’s iShares Bitcoin Trust has rapidly ascended to become the world’s largest fund dedicated to Bitcoin, amassing nearly $20 billion in total assets since its debut in the US at the beginning of the year. This remarkable growth has…

Bitcoin Halving Event Sparks Concerns Over Mining Revenue and Market Impact

Cryptocurrency enthusiasts and investors have been closely following the recent developments in the Bitcoin mining industry. According to researcher Kaiko, a significant shift in the cryptocurrency market is on the horizon due to a substantial decrease in revenue for Bitcoin…

Bitcoin Blockchain Memecoins Fading Despite Initial Miner Gains

The emergence of memecoins on the Bitcoin blockchain has brought about a respite for crypto miners, softening the blow of a recent software update. However, the initial excitement surrounding these tokens seems to be fading as network transaction fees soar…

Roger Ver Role in Bitcoin Growth and His Legal Battles with $50m at Stake

In a startling turn of events, Roger Ver, a prominent figure in the early days of cryptocurrency and sometimes referred to as Bitcoin Jesus, has been charged with mail fraud, tax evasion, and filing false returns. The charges, brought forth…