Australia Records 1,000 Bitcoin ATMs Milestone
By April 2023, the country had already overtaken Asia on the Bitcoin ATM count roll.
By April 2023, the country had already overtaken Asia on the Bitcoin ATM count roll.
Bitcoin miners saw a significant increase in earnings due to the Runes protocol. On the halving day, miner revenue soared to a record $107 million despite the 50% reduction in block rewards.
According to a recent Bitfinex market report, the Bitcoin supply squeeze has already begun following the recent halving event.
Fidelity continues to have a “neutral” outlook for Bitcoin stating that BTC is fairly priced with on-chain indicators also showing strength.
One of Hougan’s takeaways from the IMF Working Paper hinges on the fact that the organization is interested in Bitcoin.
A Swiss non-profit group is making a second attempt to convince the central bank to add Bitcoin to its national reserves.
The Bitcoin race to $100K and beyond was triggered by the BTC halving event 2024 over the weekend amid heightened demand from institutional investors.
As Bitcoin price rebounded prior to options expiry, traders took advantage of negative funding rates to initiate long positions, leading to a recovery.
Despite recent outflows from Bitcoin ETFs, analyst Eric Balchunas says it’s only 1% of total inflows and calls it “minuscule” in the bigger picture.
With Bitcoin’s recent price surge, it can be inferred that Schiff’s post questioning the leading cryptocurrency’s safe haven status may have been premature.