Tag: Bitcoin
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Bitcoin’s OP_RETURN Limit Soars to Nearly 4MB in Core 30 Update
Bitcoin Core 30 update increases OP_RETURN data limit from 80 bytes to 4MB, sparking debate on non-financial data usage. Supporters cite decentralization benefits, while critics warn of potential spam risks.
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BlackRock Bitcoin Fund Flies Past $70,000,000,000 Faster Than Any Other ETF in History: Bloomberg Analyst – The Daily Hodl
BlackRock’s Bitcoin ETF, IBIT, surpassed $70 billion in assets faster than any other ETF, achieving this in 341 days. CEO Larry Fink discusses Bitcoin’s potential impact on the US dollar’s dominance amid rising national debt.
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Bitcoin (BTC) News: No Froth Yet, Says ARK Invest
ARK Invest reports Bitcoin’s rise amid economic strain, noting measured profit-taking and capital shifts from stressed sectors like housing and autos to BTC as a resilient asset.
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Chainlink Cross-Border Play Expands To Hong Kong–Australia Money Movement
The article profiles Christian, a cryptocurrency journalist who combines his passion for crypto with motorbikes and pets, detailing his career journey and personal interests.
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Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals
Alby, a Bitcoin Lightning Network wallet, faces backlash for deducting inactivity fees from user accounts without clear consent, sparking debates on transparency and custodial risks in crypto.
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Bitcoin’s $110K Sprint Coincides With Record-Low Exchange Reserves
Bitcoin surged past $110K amid record-low exchange reserves, driven by short liquidations, derivatives volume, and easing US-China trade tensions. On-chain data shows steady accumulation as exchange reserves drop.
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Bitcoin Defies Bears: Price Nears $108,000 Despite $250M Exchange Inflows
Bitcoin’s price nears $108,000 despite $250M in exchange inflows, as demand counters potential selling pressure and short liquidations fuel the rally.
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Bitcoin On-Chain Warning: Short-Term Holder Selling Accelerates Amid Price Correction
Bitcoin short-term holders are selling rapidly amid price correction, with net position change at -833,000 BTC. Analysts note similarities to April’s crash but see potential reversal signs as BTC breaks key resistance levels.
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On-Chain Data Flashes Bullish: Is Bitcoin Ready for a $110K Comeback?
Bitcoin shows bullish signs with a 1.6% rise to $107,428, supported by on-chain metrics like Binance Taker Buy/Sell Ratio and LTH Realized Cap, indicating accumulation and potential further gains.
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Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC
MicroStrategy, rebranded as Strategy, purchased 1,045 BTC this week, totaling 582,000 BTC at an average price of $70,086. The firm uses STRK and STRF stocks for purchases, impacting market supply and Bitcoin prices.