Tag Archives: Bitcoin

On Friday night, the Bitcoin network halved the rewards given to miners for the fourth time since its inception. This anticipated event occurs roughly every four years as per the Bitcoin protocol, aiming to reduce the rate of Bitcoin issuance. This creates a scarcity, reinforcing Bitcoin’s digital gold-like nature. Speculative ...

Bitcoin concluded the week on a strong note, as its price surged above the $47,000 mark, marking the first time it has reached this level since the commencement of spot bitcoin exchange-traded funds. According to Coin Metrics, the leading cryptocurrency recorded a gain of over 3%, reaching $46,922.18. Additionally, Ether ...

On Monday in Asia, Bitcoin achieved a significant milestone by surpassing the $40,000 threshold for the first time this year. This surge was fueled by the widespread anticipation of the approval of a Bitcoin exchange-traded fund (ETF) and speculation regarding potential interest rate cuts by the U.S. Federal Reserve. The ...

Closing at $26,038.41, Bitcoin concluded the day with a decline of approximately 6%, as reported by Coin Metrics. The cryptocurrency exhibited fluctuations just above the $26,000 mark during the entirety of Friday, a continuation of the significant drop that commenced on late Thursday. This downward trend had a ripple effect ...