Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Bitcoin
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
Idaho-based financial advisor discloses 6% of its portfolio in Bitcoin ETF
Though traditional financial giants have often maintained a rather hostile attitude toward Bitcoin (BTC) and cryptocurrencies in general, there has … Continue reading
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Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul
The upgrade seeks to solve congestion issues, and will officially launch in May.
How the Bitcoin Halving Will Drive Action to Layer 2s
(Markus Spiske/Unsplash, modified by CoinDesk)
When is the next Bitcoin halving?
On April 20, Bitcoin (BTC) completed its fourth halving, reducing the rewards given to miners for processing transactions and securing … Continue reading
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Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday.
Has a 1% tax on Bitcoin holders been proposed by a U.S. Senator?
In the morning of Monday, April 22, Dennis Porter, the CEO, and co-founder of the Satoshi Action Fund, caused a … Continue reading
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First Mover Americas: Bitcoin Layer 2s Have Their Moment
The latest price moves in bitcoin (BTC) and crypto markets in context for April 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.