Bitcoin

Bitcoin Soft Fork Proposal Gains Momentum Among Developers Grassroots support for two Bitcoin Improvement Proposals (BIPs) appears to be emerging for Bitcoin’s next soft fork, centered around two candidates: BIP 119 and BIP 348. These proposals are the formal method for discussing proposed changes to Bitcoin. Theoretically, if a BIP gains sufficient widespread support, it…

Unraveling Satoshi: Benjamin Wallace’s Deep Dive into Bitcoin’s Origins More than 16 years ago, on Halloween Day of 2008, an entity by the name of Satoshi Nakamoto sent out the whitepaper for a peer-to-peer electronic cash system to a cypherpunk email list. This pivotal moment marked the inception of Bitcoin, which quickly evolved into a…

Robinhood Launches New Prediction Market Hub After Polymarket Success In a significant move for the trading industry, Robinhood (HOOD) has announced the launch of its prediction market hub, following the impressive success of the crypto-based platform Polymarket. This new feature is now available through the CFTC-regulated exchange Kalshi, with contracts rolling out today. This development…

Bitcoin Network Hashrate Rises Amid Weakening Mining Economics The Bitcoin network hashrate experienced a notable increase of 2 exahashes per second (EH/s) during the first two weeks of March, reaching an average of 811 EH/s, according to a recent research report from Wall Street bank JPMorgan (JPM). This uptick in hashrate reflects the total combined…

Stagflation Risks: Bitcoin and S&P 500 Struggle Amid Tariffs The financial landscape is undergoing significant changes as the specter of stagflation looms large. Stagflation, a term that combines stagnation and inflation, has become a focal point of discussion at major economic forums, including the World Economic Forum in Davos earlier this year. Investors are increasingly…

Standard Chartered Cuts Ether Price Target to $4K Amid Decline In a recent research report released on Monday, investment bank Standard Chartered (STAN) has projected a continued structural decline for Ether (ETH), the second-largest cryptocurrency by market capitalization. The bank has significantly revised its year-end price target for Ether, slashing it from a previous estimate…

CoinDesk 20 Performance Update: Solana (SOL) Falls 3.9% The cryptocurrency market is known for its volatility, and the latest performance update from CoinDesk 20 highlights significant movements, particularly with Solana (SOL). In this update, we delve into the reasons behind Solana’s 3.9% decline and its impact on the broader CoinDesk 20 index. Understanding Solana’s Recent…

Bitcoin’s Supply Gap: What Lies Ahead Between $70K and $80K? Bitcoin (BTC) is currently navigating a significant price pullback, with on-chain analysis from Glassnode suggesting that the cryptocurrency could face increased pressure if it dips below the $80K mark. This analysis highlights a critical ‘supply gap’ in the $10K range beneath this threshold, which was…

Digital Asset Investment Outflows Reach $6.4 Billion in Five Weeks In a concerning trend for the cryptocurrency market, digital asset investment outflows have extended into a fifth consecutive week, with a staggering total of $6.4 billion withdrawn globally. According to a recent report from CoinShares, the latest week alone saw an outflow of $1.7 billion,…

ECB’s Villeroy Warns U.S. Crypto Support May Spark Financial Crisis Francois Villeroy de Galhau, a prominent member of the European Central Bank (ECB) Governing Council and the governor of the Bank of France, has raised alarms regarding the potential risks associated with the increasing embrace of cryptocurrency in the United States. According to Villeroy, this…