Press Release

Crypto Analyst Says Bitcoin Rally Is Far From Over As It’s Yet To Reach Escape Velocity- What This Means

[ad_1] Crypto analyst James Check (also known as Checkmatey) has predicted that Bitcoin could still make further moves to the upside. However, he warned about an “escape velocity” that could send the flagship crypto’s price spiraling down.  What The Escape Velocity Means And How It Affects Bitcoin Simply put, escape velocity is the minimum speed […]

Press Release

Bitcoin Pizza Day’s Lasting Impact

[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

[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

[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

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

[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 […]