Broad Crypto Market Selloff Drops Bitcoin to One-Month Low

The price of bitcoin fell to its lowest level in a month due to money being taken out of digital asset investment products and the anticipation of future increases in US borrowing rates. This had a detrimental impact on the cryptocurrency market. Th…

Australia's first Bitcoin ETF holds 46 Bitcoins since launch

Australia's first Bitcoin spot Exchange Traded Fund (ETF), IBTC, has amassed 46 Bitcoins since its launch, claims Odaily. Julian Fahrer, a cryptocurrency specialist, has said that the ETF's excellent beginning demonstrates the rising trust i…

A huge $300 million Bitcoin theft has affected Japanese Exchange DMM

DMM Bitcoin, a big cryptocurrency company in Japan, said that their protection was broken and more than $300 million worth of Bitcoin was stolen. This hack cost about 4,503 Bitcoin. It's now thought to be Japan's second-biggest crypto breac…

Renowned trader Peter Brandt foresees a significant breakout in the history of Bitcoin

Peter Brandt, an experienced trader, predicts a breakout in Bitcoin's price chart compared to the M1 money supply, a first since 2017. Brandt, who anticipates the downfall of fiat currencies, draws similarities between Bitcoin and the total U.S…

Bitcoin Core has released the v27.1rc1 update, enhancing security and efficiency

After the release of v27.0 in April, which went well, the Bitcoin Core development team has now put out v27.1rc1 for testing. The goal of this new release sample, v27.1rc1, is to make the Bitcoin network safer, more efficient, and more useful. Ther…

Bitcoin is dealing with a scalability crisis as transaction fees increase

There is talk about the new ways to grow Bitcoin, like Ordinals, Inscriptions, BRC-20 coins, and Runes, even though transaction fees are going up. Around 2024, it will cost $9.50 to send Bitcoin. In other words, problems with growth need to be look…

BlackRock's IBIT is now the biggest cryptocurrency exchange-traded fund

The IBIT Bitcoin ETF from BlackRock is now the largest bitcoin ETF in the world, with $20 billion in assets. It has been able to grow quickly, beating rivals like JPMorgan's JEPI, thanks to its low fees, high liquidity, and well-known brand name…