Bitcoin’s mining difficulty has reached an unprecedented level of 95.67 terahashes (T), reflecting a 4% increase in just 24 hours.
Vitalik Buterin criticizes Michael Saylor’s Bitcoin custody proposal, emphasizing the importance of self-custody and decentralization in the crypto community.
Institutional investors have doubled down their Bitcoin purchases in the recent past in a bid to hedge against global inflation and the ever-devaluation of fiat currencies.
Michael Saylor, once an advocate for Bitcoin self-custody, has now shifted gears stating that “too big to fail” banks should take up the task of Bitcoin custody.
Metaplanet’s Bitcoin buying spree is far from over, as the company eyes further acquisitions to strengthen its crypto portfolio.
BlackRock has led in Bitcoin purchases in the recent past, thus re-igniting the overall crypto bullish sentiment, which was anticipated in the fourth quarter.
Publicly-listed Bitcoin miners have significantly contributed to this hashrate growth, now making up 28.9% of the network’s total hashrate as of September.
The Federal Reserve Bank of Minneapolis suggested that Bitcoin should be banned or taxed to help governments maintain permanent deficits and prevent fiscal imbalances.
A sudden surge in Bitcoin’s value has left thousands of traders counting their losses, with $135 million wiped out in liquidations over just 24 hours.
Craig Wright is accusing Bitcoin Core developers of misleading the market, claiming that the integration of recent upgrades has altered Bitcoin’s original design.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?
The Kraken’s launch of Wrapped Bitcoin will further enhance the mainstream adoption of BTC through Web3 space across different chains.
According to Hougan, there are three major factors that he believes could drive the growth.
Market sentiment remains positive, with Polymarket predicting a 64% chance of Bitcoin hitting $70,000 in October.
The surge in Bitcoin futures open interest has a direct connection with the growing level of high leverage in the market.