The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins. The following is a thorough […]
In a powerful demonstration of resilience, bitcoin’s value climbed past the $ 65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $ 61,769. This climb is supported by a robust trade volume of $ 42.41 billion and a market capitalization of $ 1.276 trillion, …
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $ 3.68 mark, while costs for median-sized transactions have not dipped below the $ 1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue highlight a significant backlog of 221,799 transactions awaiting …
Eleven spot bitcoin exchange-traded funds (ETFs) are moving closer to approval by the U.S. Securities and Exchange Commission (SEC). Proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges have been filed with the SEC. “It’s basically done,” an ETF analyst said, adding that the securities regulator is “trying to […]
Blackrock is moving forward with the process of bringing its spot bitcoin exchange-traded fund (ETF) to market. The world’s largest asset manager has secured a ticker symbol and a CUSIP number for its forthcoming spot bitcoin ETF, which is now listed on the Depository Trust and Clearing Corporation (DTCC), the entity responsible for clearing Nasdaq […]