Bitcoin Miners’ Income Dwindles as September Yields Lowest Fees of 2024
TL;DR September 2024 saw the lowest monthly revenue for Bitcoin miners this year, with earnings dropping to $815.7 million, a 4% decline from August. Reduced transaction fees
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Bitcoin Price Drops Sharply at Start of Historically Strong Month amid Middle East Tensions
TL;DR The beginning of October brought a surprising drop for Bitcoin (BTC), which lost 3.05%, trading at $61,671, while geopolitical tensions in the Middle East increase.
Options Activity Spikes as BTC Gears Up for a Bullish October, According to Research
TL;DR Increased BTC Options Activity: Bitcoin options trading volume is surging as traders anticipate a bullish October, historically a favorable month for BTC. Strategic Positioning: Traders
Crypto Inflows Reach $1.2 Billion Amid Positive Sentiment on Dovish Fed Policies
TL;DR Cryptocurrency investment products have accumulated inflows of $1.2 billion over three consecutive weeks. The approval of investment options in the U.S. improves market sentiment, despite
Ocean Launches Decentralized Mining Protocol to Combat Bitcoin Centralization
TL;DR Ocean launches DATUM, a decentralized mining protocol that allows miners to control block creation. DATUM offers an alternative to Stratum V2, decentralizing block construction in
Santiment: Bitcoin’s Record High Could Be Distant as Market Greed Takes Over
TL;DR Market Sentiment: Santiment’s analysis indicates that Bitcoin’s high bullish sentiment (a 1.8 to 1 ratio of bullish to bearish posts) could lead to a market
Crypto, Stocks Correlated at 50%: October Poised for Big Gains in BTC and Scaling Solutions
TL;DR The Token2049 event and the Solana Breakpoint conference in Singapore created an optimistic environment in the crypto sector. Despite the enthusiasm for Bitcoin, concerns arose
$7.7 Billion in Bitcoin and Ethereum Options Expiry Could Trigger Market Shifts
TL;DR Approximately $7.7 billion worth of Bitcoin and Ethereum options expire today, which could create volatility in the market. The maximum pain point for Bitcoin is
BNY Mellon Enters Crypto Custody! SEC Approves Broader Digital Asset Services
TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs.
Hackers Steal $2 Million from Bedrock Protocol – Restaking Platform Issues Reimbursement Plan
TL;DR Security Breach: Hackers exploited a flaw in Bedrock Protocol’s synthetic Bitcoin token, uniBTC, resulting in a $2 million loss. The breach mainly impacted decentralized exchange
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