Bitcoin News (BTC)

NFT Ordinals fuel explosive growth in Bitcoin’s Taproot usage, reaching a new all-time high

One of the main effects of the emergence of Ordinals, non fungible tokens (NFT) native to the Bitcoin network, has to do with the...

Banks reduce exposure to Bitcoin and cryptocurrencies globally to 40%, says BCBS report

The Basel Committee on Banking Supervision (BCBS) belonging to the Bank for International Settlements (BIS), reported that banks' exposure to bitcoin (BTC) and cryptocurrencies...

Crypto Analyst Benjamin Cowen Predicts Limited Price Action for Bitcoin in 2023 But a Rally in 2024

Popular cryptocurrency analyst, Benjamin Cowen, has pointed out that an in-chain measurement shows that Bitcoin (BTC) will see limited price action for most of...

Bitcoin HODLers Hold Strong as 15 Million Coins Remain Idle for Over Six Months, Signaling Possible Supply Shock Ahead

Nearly 15 million bitcoins have been sitting idle for more than six months, according to Glassnode's latest Week Onchain report.The firm notes that, despite...

Bitcoin Soars Close to $25,000 Amid Crypto Market Surge, Clearing Critical Hurdles and Paving the Way for NFTs on its Network

The price of Bitcoin was on a launch trajectory on Wednesday, dragging the entire cryptocurrency market upwards. More specifically, it reached a breath away...

Bitcoin’s Seventh Bull Cycle: A New Era of Growth Ahead

The price of bitcoin would be in the seventh bull cycle in its history, says hedge fund Pantera Capital, which specializes in cryptocurrencies."Digital assets...

National Flags Take Flight on Bitcoin Blockchain with Ordinals Protocol

The Bitcoin blockchain will now forever carry the flags of Latin American countries such as Colombia, Argentina, Venezuela and El Salvador, territories known for...

Former Chinese Banker Says They Should Review Bitcoin Trading Ban in The Country

In February last year, Chinese authorities indicated that transactions made with "virtual currencies" started to become illegal in that country. Therefore, they would carry...

Latest news

Bitcoin Surges to $80K Amid Bond Buyback Liquidity

Bitcoin surged over 24% in a week, rising from $61,000 to $80,000.The rally followed the US Treasury's decision to...

Grayscale Launches Zcash ETF After Critical Privacy Flaw Patch

Grayscale’s ZCash fund began trading Tuesday on NYSE Arca under the ticker ZCSH.The product began as a private placement...

Standard Chartered First Bank to Distribute Regulated HKDAP Stablecoin

Standard Chartered Bank (Hong Kong) has become the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed...