Monday, August 19, marks the four-month anniversary of the 2024 Bitcoin halving, an automated event that cuts mining rewards in half every four years. Unlike previous halvings, however, the latest cut has not been followed by a rise in bitcoin’s dollar...
A milestone has been reached in Bitcoin's supply schedule - 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far.
Bitcoin's supply is issued through mining, where computers validate transactions and receive Bitcoin as a...
Advanced Micro Devices on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia.
AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder...
Benjamin Cowen, founder of Into The Cryptoverse, doubts that Bitcoin (BTC)’s market dominance will return to its December 2020 levels, before the asset's price surged dramatically. Cowen stated, "I don’t think it is going back up to 70%; my target for Bitcoin dominance has been 60%."
Currently, Bitcoin dominance stands at 57.36%,...
Asia-Pacific markets climbed across the region on Tuesday, tracking Wall Street’s rally and as China released key economic data.
China’s loan prime rates were held at 3.35% for the one-year LPR and 3.85% for the five-year LPR, in line with expectations from a Reuters poll of economists.
The one-year LPR acts...
Stock futures inched higher in overnight trading Sunday after the S&P 500 registered its best week of 2024.
Futures tied to the S&P 500 rose 0.1%, while futures connected to the Dow Jones Industrial Average added 30 points, or 0.1%. Nasdaq-100...
Asia-Pacific markets were mixed on Monday after a week that saw a broad rally in stocks, as investors awaited a slew of central bank releases and inflation data this week.
The Bank of Korea will release its...
New research from VanEck reveals that Bitcoin (BTC) miners are shifting to artificial intelligence (AI) and high-performance computing.
In a thread on the social media platform X, Matthew Sigel, the head of digital assets research at VanEck,...
A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months.
“I don’t think it is going back up to 70%, my...
Bitcoin is officially back in the accumulation phase, the latest data shows, as analysts eye an imminent price breakout. Could this help Bitcoin price recover above $66,000 by September?
Bitcoin long-term holders are accumulating again
Bitcoin’s long-term holder accumulation rate has reached a 15-month high, according to popular analyst On-Chain College,...
