bitcoin
* Bitcoin's volatility has surpassed levels seen during its all-time high in March. * Traders believe this increased volatility could be the catalyst for Bitcoin to break out of its consolidation phase. * Bitcoin must hold above $61,000 and retest the $62,000 level to trigger a rally. * Increased volatility
bitcoin
* Bitcoin mining is often portrayed as an environmental disaster, but a documentary called Dirty Coin debunks these myths. * The film highlights how Bitcoin mining can incentivize renewable energy projects and empower underprivileged communities. * It addresses controversies surrounding the carbon footprint of mining and exposes the hypocrisy of the banking industry.
bitcoin
* RFK Jr. sparked debate on Crypto Twitter with his sign-off statement in an interview with Charles Hoskinson. * He declared his love for the Bitcoin community and hinted at causing disruption if he gets into the White House. * Hoskinson, founder of Cardano, faced criticism for engaging with RFK Jr., while some
bitcoin
* Japanese investment firm Metaplanet Inc. purchases an additional 57.273 bitcoin worth $3.4 million. * The purchase is part of the company's plan to accumulate bitcoin after securing a $6.8 million loan. * Metaplanet now holds a total of 360.368 bitcoin. * The move is a response to
bitcoin
* El Salvador secures $1.62 billion investment for Bitcoin City infrastructure from Turkish company Yilport. * Investment to revitalize Acajutla and La Union seaports, creating jobs and boosting local infrastructure. * El Salvador's bonds surge by 60% in 2023, tied to Bitcoin's 80% price increase. * Bitcoin City, a
bitcoin
* TeraWulf's Q2 revenue beat expectations, but earnings fell short due to decreased Bitcoin mining. * 21% decline in mined Bitcoin year-over-year, with 243% increase in mining costs. * Company plans to expand into high-performance computing and artificial intelligence in the second half of 2024. * Construction underway for new building at
bitcoin
* OP_NET testnet launching to bring DeFi to Bitcoin using Tapscript. * Smart contracts on Bitcoin possible with OP_NET's meta protocol system. * OP_NET uses WebAssembly for smart contracts in multiple languages. * Hemi Network by Jeff Garzik offers modular layer-2 blockchain for Bitcoin and Ethereum. * OP_NET supports
bitcoin
* Bitcoin's decline post-halving resembles 2016 bull run, says trader Peter Brandt. * Recent slump mirrors 2015-2017 cycle, with 26% decline from post-halving price. * Analysts warn of further drops as BTC falls below $50,000. * US Bitcoin and Ether ETFs see $6 billion in trading volume amid market turmoil. * Fear
bitcoin
* The German government received $420 worth of Bitcoin post $3 billion sell-off. * Transactions included messages referencing Adolf Hitler, Elon Musk, and expletives. * German government used OP_Return for symbolic messages, receiving $0.88 from Hitler-themed wallet. * Some transactions used vanity addresses with human-readable words like Elon Musk's name.
bitcoin
* Metaplanet Inc. stock price surged 25.8% after buying $1.26 million worth of bitcoin. * The Tokyo-listed company now holds 225.611 BTC, valued at $14.2 million. * Metaplanet started adopting bitcoin as a strategic treasury reserve asset in May. * The latest purchase of 21.877 BTC follows previous acquisitions
bitcoin
* The Law Commission of the UK suggests integrating DAOs into existing financial regulations and tax frameworks. * Regulatory challenges exist due to the diverse nature of DAOs and their adaptation to local laws. * Review of trust law and Companies Act 2006 proposed for oversight of DAOs. * International cooperation urged for establishing
bitcoin
* Bitcoin whales reduced transactions before price dropWhale transactions down 42% as BTC price fell to $62,531. * Whale traders cautious amid market sentiment shiftIFP turning red as traders withdraw from derivatives exchanges. * Crypto Fear and Greed Index drops to "Neutral"Sentiment declines as Bitcoin falls below $60,000.