Author name: Peter

Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays

featrued /

Bitcoin Network's Average Transfer Fee in 2024 Data collected over the past 36 days reveals that the average transfer fee on the Bitcoin network has consistently been above $3.68. Even for median-sized transactions, the costs have not dropped below the $1.67 mark. As of February 6, 2024, there is a significant backlog of 221,799 transactions […]

Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays Read More »

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App

news /

Vast Bank Closes Cryptocurrency App, Exits Digital Asset Market Amid Regulatory Pressures Vast Bank, headquartered in Oklahoma, United States, has announced its departure from the cryptocurrency market, coupled with the closure of its crypto mobile banking application. This decision, effective as of Jan. 31, marks a shift in the bank's operational focus. Introduced in 2021,

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App Read More »

Bitcoin Emerges as Preferred Investment Over Gold, Asserts Cathie Wood

featrued /

Investors Favor Bitcoin over Gold, Says Cathie Wood ARK Invest's CEO, Cathie Wood, has observed a notable shift in investment preferences, with a growing number of investors favoring bitcoin over traditional gold investments. This trend has become more prominent with the introduction of spot bitcoin ETFs, which have made it easier for investors to access

Bitcoin Emerges as Preferred Investment Over Gold, Asserts Cathie Wood Read More »

Blackrock’s Ishares Bitcoin Trust (IBIT) Emerges as a Top Bitcoin ETF

gold ira /

Rapid Rise in Inflows Blackrock's Ishares Bitcoin Trust (IBIT) has quickly climbed the ranks of the exchange-traded funds (ETFs) market, securing a position among the top five in terms of 2024 inflows in just 17 days. This remarkable achievement highlights the increasing investor interest in cryptocurrency as a legitimate asset class. Impressive Performance Within a

Blackrock’s Ishares Bitcoin Trust (IBIT) Emerges as a Top Bitcoin ETF Read More »

Paradigm Supports Kalshi in Legal Battle Against CFTC Over Election Prediction Platform

news /

Investment Firm Paradigm Backs Kalshi in Lawsuit Against CFTC Investment firm Paradigm has shown its support for prediction market platform Kalshi in its ongoing legal dispute with the Commodity Futures Trading Commission (CFTC). The disagreement stems from the CFTC's rejection of Kalshi's proposed market, which allows participants to speculate on the outcome of U.S. Congressional

Paradigm Supports Kalshi in Legal Battle Against CFTC Over Election Prediction Platform Read More »

Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market

gold ira /

Bitcoin continues to exhibit resilience in the face of market fluctuations, with its price settling at $42,902 to $43,091 in the last hour. This represents a modest uptick of 0.4% in the past 24 hours. The growth of 0.7% this week and a 6.8% increase over the past two weeks highlight the ongoing range-bound dynamics

Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market Read More »

Quantum Cats NFT Collection Surges in Value and Dominates Secondary Market Trade Volume

gold ira /

Quantum Cats Floor Values Soar to New Heights Since the launch of Taproot Wizards' Quantum Cats non-fungible token (NFT) series, there has been a significant increase in trading volume and the collection's minimum value in the secondary market. Initially priced at 0.1 bitcoin each, the lowest value of Quantum Cats NFTs now hovers around 0.303

Quantum Cats NFT Collection Surges in Value and Dominates Secondary Market Trade Volume Read More »

Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’

featrued /

Microstrategy Now Holds 190,000 Bitcoins Nasdaq-listed Microstrategy, a publicly-traded operating company, has further increased its cryptocurrency holdings to 190,000 bitcoins. This marks an acquisition of an additional 31,755 bitcoins since the end of the third quarter. The company's commitment to the continued development of the Bitcoin network has led it to describe itself as "the

Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’ Read More »