Tag - bitcoin
13Apr

US government tops global Bitcoin holdings with $15b in assets

The U.S. government is the largest Bitcoin holder among nations worldwide, with approximately $14.7 billion worth of BTC. According to Arkham data, the U.S. government currently holds 212,847 BTC in its treasury wallets, just behind MicroStrategy, which owns 214,246 BTC, which is currently valued at $14.8 billion. Apart from Bitcoin, the U.S. has collected significant quantities of other digital currencies, including Ethereum (ETH)...

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13Apr

CoinWire: Bitcoin halving interest doubled since 2020

More people worldwide are interested in the Bitcoin halving this year compared to 2020. According to the CoinWire research provided to crypto.news, the appeal of Bitcoin’s (BTC) halving has almost doubled since its previous quadrennial block reward slashing. The firm analyzed this year’s Google Trends data from across the globe and discovered that BTC halving interest scores increased from...

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12Apr

Bitcoin mining difficulty marks new high before halving

Bitcoin’s mining difficulty achieved a record high of 86.4 trillion amid upcoming halving in April. Data gathered by btc.com showed that Bitcoin’s (BTC) mining difficulty achieved a record high of 86.4 trillion as companies generated massive amounts of computing capacity before the much-anticipated halving event later this month. Mining difficulty refers to the computer-generated power needed to...

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09Apr

Robinhood’s Bitcoin holdings surpass $9.5b, third only to Bitfinex and Binance

Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, boasting ownership of 0.69% of the total BTC supply. Public fintech broker Robinhood turned out to be the owner of the third largest single Bitcoin wallet, holding over $9.5 billion worth of the crypto, Coinbase director Conor Grogan said in an X post, citing data from Arkham...

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09Apr

CoinShares: Bitcoin drives crypto investment inflows to $13.8b record

Digital asset investment products have reached a record inflow for the year after receiving $646 million from investors mainly interested in Bitcoin last week. According to CoinShares, cryptocurrency investment vehicles have garnered over $13.8 billion in 2024’s first four months. The milestone coincided with interest in Bitcoin (BTC), as the token experienced demand from Wall Street...

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08Apr

Genesis buys $2.1b of Bitcoin after selling 36m GBTC shares

Troubled crypto lending firm Genesis has reportedly bought $2.1 billion worth of Bitcoin (BTC) after selling off approximately 36 million shares of the Grayscale Bitcoin Trust (GBTC). According to a Bloomberg Law report citing court documents filed on April 5, Genesis sold 36 million of its GBTC shares and used the proceeds to buy 32,041 Bitcoins, which it...

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08Apr

Scaramucci expects Bitcoin to reach $170k, moving 4x ‘within 18 months of halving’

SkyBridge Capital founder Anthony Scaramucci expects Bitcoin to reach at least $170,000 within the 18-month post-halving cycle. In the latest interview with CNBC, the former White House Communications Director expressed his optimism about the Bitcoin market. Scaramucci pointed out that Bitcoin ETFs reached over $10 billion in cumulative inflow within just three months, a feat that took Gold ETFs a year...

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06Apr

Miner earns 6.36 BTC on 1 block of Bitcoin as halving approaches

A solo miner mined a single block of Bitcoin and earned 6.36 BTC before the impending halving. On April 5, a solo miner with an equipment hashrate of 7 PH/s keyed block #837,814 into the blockchain of the first cryptocurrency. According to Mempool, the user received a total of 6.36 BTC, the equivalent of $422,750 at...

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05Apr

Bitcoin bull run heats cryptocurrency jobs market, hits 12-month record

The sector’s bullish trend during Bitcoin’s surge has seen the cryptocurrency jobs market heat up. According to CryptoJobsList, rising cryptocurrency prices and activity have increased the number of applicants and postings on industry job sites. Last month, published vacancies reached an annual record. Such an indicator has not been seen for several years amid the ongoing bearish stagnation. At...

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05Apr

Tether again mints 1b USDT on Tron network

Tether mints another batch of USDT stablecoins, issuing two billion in two days. Lookonchain experts note that Tether, the issuer of the USDT stablecoin, has authorized the issuance of another billion coins on the Tron blockchain. The new release of 1 billion USDT occurred just two days after a similar release on April 2. At the time of writing, Tether...

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