Press Release

Bitcoin Pizza Day’s Lasting Impact

May 23, 2024 CryptoExpert

[ad_1] Every May 22, the crypto community celebrates Bitcoin Pizza Day. This historic event occurred in 2010, when Laszlo Hanyecz, a Bitcoin developer, paid 10,000 BTC for two Papa John’s pizzas through the Bitcointalk forum. This transaction went almost unnoticed at the time. However, today, it is legendary, reflecting both the evolution of cryptocurrencies and […]

Press Release

Renewed Investor Interest Pushed Bitcoin (BTC) to its Highest Daily Close in 5 Weeks: Bitfinex

May 22, 2024 CryptoExpert

[ad_1] Flows into the U.S. spot Bitcoin exchange-traded fund (ETF) market have reversed following a period of outflows and minimal inflows. According to the Bitfinex Alpha report, the new trend of heavy net inflows into spot Bitcoin ETFs signals renewed interest in the products and investors’ belief in the digital asset’s potential. Bitcoin ETF Flows […]

Press Release

Over $1 Billion Inflows Fuel ETF Rally, Price Tops $71,000

May 22, 2024 CryptoExpert

[ad_1] Lower-than-expected inflation data and a dominant Bitcoin have sparked a cautious return to crypto investment, with the US leading the charge. However, whispers of regulatory scrutiny cast a shadow over Ethereum, leading to outflows for the world’s second-largest cryptocurrency. CoinShares, a leading digital asset manager, reports a second consecutive week of positive inflows for […]

Press Release

Dormant Bitcoin Wallet From 2013 Moves $7.6 Million in BTC

May 21, 2024 CryptoExpert

[ad_1] A long-inactive Bitcoin wallet has resurfaced, moving 114 BTC worth $7.6 million after nearly 11 years of dormancy. The wallet, which dates back to 2013, made headlines as it transferred a substantial amount of Bitcoin, raising questions and concerns within the crypto community. Dormant Bitcoin Wallet From 2013 Moves $7.6 Million On May 19, […]

Press Release

Max Keiser Explains How Tether and El Salvador Will Send Bitcoin (BTC) Price to $220K

May 21, 2024 CryptoExpert

[ad_1] American broadcaster and Bitcoin proponent Max Keiser believes the stablecoin issuer Tether and El Salvador, as well as the declining United States dollar (USD), will push BTC’s price to $220,000 in no distant time. In a Saturday tweet, Keiser said the USD is doomed because inflation will “sky harder,” while this happens, BTC will […]

Press Release

Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?

May 20, 2024 CryptoExpert

[ad_1] Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The Securities and Exchange Commission (SEC) approved the first BTC spot products in the US early on, driving the coin’s price to a new all-time high. The halving event, on the […]

Press Release

AntPool’s 7-Block Streak Fuels Bitcoin Mining Centralization Fears

May 20, 2024 CryptoExpert

[ad_1] Concerns about Bitcoin mining centralization have resurfaced following a notable event involving AntPool, the second-largest BTC mining pool On May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904 in one hour and thirty-eight minutes. AntPool Mines 7 Consecutive Blocks During this period, the mining pool confirmed over 20,000 transactions and […]

Press Release

Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant

May 19, 2024 CryptoExpert

[ad_1] The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a lower-than-expected inflation rate in the United States. According to the latest CryptoQuant weekly report, bitcoin’s latest rally has also been sustained by a recent decline in selling pressure. However, demand for the cryptocurrency has […]

Press Release

Bitcoin Breakout From Major Resistance Levels Signals Bullish Momentum

May 19, 2024 CryptoExpert

[ad_1] Bitcoin which has been moving downward for a while now has managed to break above its previous resistance level of $67,303.98 and has been showing signs of a potential rally ever since. At the time of writing, the price of BTC is up by 0.04%, and it is currently trading at around $67,303.98. BTC’s […]

Press Release

Hedge Funds Lead Bitcoin ETF Investment Surge

May 18, 2024 CryptoExpert

[ad_1] The institutional fervor surrounding Bitcoin (BTC) has surged to unprecedented heights, as evidenced by the recent 13F filings presented by major financial institutions to the United States Securities and Exchange Commission (SEC). According to data from CoinShares, there are currently more than 1,900 holders of US ETFs, and the average BTC allocation in portfolios […]