Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News

💰 Bitcoin Runes made up 57.7% of transactions on halving day Bitcoin halving, Runes have sparked intense debate and speculation by embedding rich data within Bitcoin's ledger, shifting how users interact with the blockchain. By leveraging transaction augmentation, Runes can enhance transactions with diverse data, from simple messages to complex scripts, showing a remarkable capability distinct from other Bitcoin-enhancements like Ordinals and BRC-20 tokens. Source 🔍 More Crypto News

💰 Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns The crypto market has mostly shrugged off last week's correction, but there's a possible catalyst ahead that could weigh on prices through the next few weeks, putting a rally higher in jeopardy. Mt. Gox, a crypto exchange that imploded due to a hack in 2014, is gearing toward distributing 142,000 bitcoin (BTC) worth roughly $9.5 billion and 143,000 bitcoin cash (BCH) worth $73 million to creditors, posing a substantial overhang on digital asset prices. Source 🔍 More Crypto News

🇺🇸 US 💰 Bitcoin Mining Stocks Surge After the Halving On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader market rally just days after the Bitcoin halving. According to data from Google Finance, the country’s five largest publicly traded Bitcoin miners, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT), all witnessed substantial gains over the April 22 trading day. Source 🔍 More Crypto News

💰 Standard Chartered Analyst Predicts Bitcoin Price By Year End Can Reach $150,000 Geoff Kendrick of Standard Chartered emphasizes the transformative impact of these developments, citing increased optimism within the financial sector and the broader cryptocurrency landscape. Kendrick predicts a target of $150,000 for Bitcoin price by year end, reflecting a bullish outlook even in the absence of similar performance from other cryptocurrencies. Source 🔍 More Crypto News

💰 BlackRock Spot Bitcoin ETF Surpasses MicroStrategy, Holds $18B in 273,596 BTC The global investment management firm now boasts an impressive stash of 273,596 BTC, valued at a staggering $18 billion, all earmarked for its spot Bitcoin exchange-traded fund (ETF). This significant accumulation positions BlackRock spot Bitcoin ETF as a formidable force in the market, overshadowing competitors and solidifying its status as a major player in the cryptocurrency investment arena. Source 🔍 More Crypto News

🇪🇺 MiCA will transform the EU into a crypto adoption hub this year Markets in Crypto-Assets Regulation (MiCA) was signed into law in June 2023, a framework for twenty-seven countries was finally in place. Although this was a landmark piece of legislation for a region that represents nearly twenty percent of the global economy, MiCA is serving as the beginning of a twelve to eighteen-month process of transition, transformation, and customization; that’s because MiCA includes a “substantial number of Level 2 and Level 3 measures,” as noted by the European Securities and Markets Authorities, that still must be developed and refined. Source 🔍 More Crypto News

💰 93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-priority transaction cost of 492 satoshis per virtual byte (sat/vB), equivalent to $44.83 per transfer. Source 🔍 More Crypto News

🇰🇷 Crypto.com denies reports that South Korean regulator is delaying local unit leadership change Crypto.com has denied a local media report that said the firm might have encountered a roadblock in entering the South Korean crypto market, as the local financial regulator could be deferring the approval of a local entity's transition of executive leadership. The global cryptocurrency exchange announced on April 2 that it is launching a local trading platform in South Korea, which hosts one of the largest crypto markets in the world. The Source 🔍 More Crypto News

💰 After Halving Event, Bitcoin Transaction Fees Soar to Over $240 Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees valued at over $1.5 million. Source 🔍 More Crypto News

💰 Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s). Source 🔍 More Crypto News