Bitcoin saw a short-lived price increase following the U.S. jobs report for September 2024, which showed a weaker-than-expected gain of just 99,000 jobs, well below the forecasted 144,000. This sparked speculation about a potential interest rate cut by the...
Zest Protocol, backed by Binance Labs, has launched BTCz, a new yield-bearing token aimed at boosting Bitcoin's decentralized finance (DeFi) ecosystem. BTCz allows Bitcoin holders to stake their assets and earn yield through the Babylon Protocol, a trustless staking...
In the first two months of Q3 2024, more than 600 Bitcoin ATMs were removed from service worldwide, with the United States leading the charge. This significant reduction in the number of machines comes as regulatory authorities ramp up...
Bitcoin's network activity has experienced a notable decline over the past six months, with transaction volumes dropping by 30%. This trend coincides with a period of stagnation in Bitcoin's price, leading to reduced market engagement and a general sense...
Branden Sedo, a Core DAO contributor, predicts that Bitcoin's decentralized finance (DeFi) Total Value Locked (TVL) will surpass Ethereum's within two years. Speaking at Korea Blockchain Week, Sedo highlighted that Bitcoin's $1 trillion ecosystem has untapped potential to move...
Bitcoin’s price can fluctuate drastically, making it difficult to predict how low it might go. Analysts have outlined several potential price floors based on both technical and fundamental factors.
Short-Term Predictions for 2024
Bitcoin's price could see significant drops in the...
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the approval of an eco-friendly Bitcoin exchange-traded fund (ETF). This fund, proposed by Tidal Investments and filed by NYSE Arca, combines Bitcoin holdings with carbon...
Bitcoin's post-halving performance in 2024 has been marked by a notable delay in reaching new all-time highs, a first in its historical price cycles. Despite expectations that Bitcoin would follow its usual upward trajectory after halving events, the cryptocurrency...
Bitcoin (BTC) is the pioneering cryptocurrency that set the foundation for the entire digital currency industry. Created in 2009 by an anonymous figure known as Satoshi Nakamoto, Bitcoin was the first successful implementation of a decentralized, peer-to-peer electronic cash...