Bitcoin

Bitcoin’s total fees have dropped to a three-month low. Due to this, miners’ revenue derived from fees has declined. Bitcoin network fees have fallen to a record low as the Layer 1 (L1) transaction volume continues to decline. In a post on X (formerly Twitter), on-chain data provider IntoTheBlock noted that transaction…

The crypto industry is popping champagne corks (or perhaps uncorking their digital wallets) after a surprise victory in the US Senate. On Thursday, the upper chamber voted 60-38 to repeal a controversial rule introduced by the Securities and Exchange Commission (SEC) known as SAB 121. The Regulators Reel Back The defeated rule would have…

A widely followed analyst and trader is expressing bullish sentiment on a leading memecoin while updating his outlook on three other crypto assets. The analyst pseudonymously known as Kaleo tells his 638,400 followers on the social media platform X that Dogecoin (DOGE) is “about to rip”. On the largest memecoin by market cap, the…

SHIB’s price fell by over 3% in the last 24 hours  A few metrics and indicators hinted at a trend reversal soon  Shiba Inu managed to break out of a bullish pattern a few days ago, hinting at a massive bull rally. However, things on the ground turned out to be a bit different as the memecoin’s value dropped over the last…

Bitcoin is the original cryptocurrency—and dominates the market as the largest crypto by market capitalization. But as a trailblazer, it also suffers from limitations that have been addressed by the cryptocurrencies that followed in its wake. Those limitations—Bitcoin’s slow consensus mechanism, limited data storage capacity and lack of smart…

Alex Dovbnya JPMorgan believes that the Bitcoin price has limited upside due to these key factors Read U.TODAY on Google News…

How much correlation does GME’s rally and its social volume have with Bitcoin’s price trends? Impact of the same was seen on the higher timeframes during the previous cycle Bitcoin climbed above its short-term local resistance at $64.5k on 15 May, just two days after GameStop posted a 284% rally measured from last Friday.…

Erik Finman made his first Bitcoin investment and used it to finance cutting-edge businesses like Botangle, turning him into a cryptocurrency millionaire. Finman’s ideas, which include digital time capsules and sophisticated robotic suits for children, are upending conventional teaching and exploring space. In 2010, an…

While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order to make the rally sustainable, analysts at CryptoQuant say. The price of Bitcoin managed to recover to the $66,000 mark late Wednesday following the news of lower-than-expected inflation in the U.S., resulting in minimal or no…

Oklahoma has become the first U.S. state to pass a law protecting the right to self-custody Bitcoin. The new law says citizens cannot be prevented from holding and controlling digital assets using a hardware wallet. It also says that the state government cannot ban or restrict the use of crypto to purchase legal goods and services. The so-called…