The conference will shine a light on the local companies embracing Bitcoin technology and using its native crypto as a payment method.
Bernstein report states that the decline in difficulty is due to the combination of lower Bitcoin prices and a significant increase in mining equipment costs since the last Bitcoin halving in May 2020.
The latest move by El Salvador signals a unique level of transparency regarding financial matters within government operations.
Bitcoin’s daily trading volumes surge by 76% in the last 24 hours just a day before the US reports PPI and CPI inflation numbers. Any positive development could lead to a breakout above $64,000.
Metaplanet says it is looking to use a wide range of capital market instruments to grow its Bitcoin reserves.
Activities on the Runes protocol have “dropped dramatically”, hitting their lowest level since May 10.
Amidst the recent market downturn, which resulted in over $130 million being liquidated, the crypto market’s current market capitalization is approximately $2.26 trillion.
Robert Kiyosaki has recently been very critical about the state of the US economy going ahead. Kiyosaki predicts a major crash in the US market over the coming time.
This current drop in the Bitcoin Kimchi Premium comes as trading volumes on South Korea’s top five crypto exchanges plummet.
Metaplanet’s shift to Bitcoin is a significant step for the crypto community; it signals a growing trend of institutional adoption of cryptocurrencies.
The open interest (OI) for Bitcoin call options is twice the open interest for the put options, indicating an overall bullish sentiment.
Dorsey’s bullish outlook for the long-term price action of Bitcoin borders on the collaborative nature of its ecosystem.
This ongoing Bitcoin volatility has forced Bitwise, an asset management firm, to advise caution, suggesting the halving event might have been a “sell the news” scenario.
The difference between Bitcoin and traditional commodities is that it provides holders with both the benefits digital currencies offer and the advantages of conventional assets.
Data shows that crypto trading volume for spot and derivatives markets fell for the first time in seven months.