🔸️ Bitcoin News
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💰 The greatest Bitcoin explanation of all time.
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💰 Bitcoin Breaks Daily Transaction Record Days After Halving
The new record comes three days after the Bitcoin Halving, coinciding with the launch of Runes. The launch of Runes sparked a rapid increase, demonstrating growing interest and utility in cryptocurrencies, setting a new all-time high in Bitcoin’s transaction activity. Runes, a new token standard on the Bitcoin blockchain, has dominated transactions since its launch following the halving on April 20, accounting for over two-thirds of all Bitcoin transactions. With more than 2.38 million transactions processed, Runes make up 68% of the total.
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@BitcoinAltcoinCryptoNews
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💰 Arkham Intel finds wallets associated with Wisdomtree's Physical Bitcoin ETP WBIT
The blockchain data tracking firm Arkham Intel found wallets associated with WBIT, a physical Bitcoin exchange-traded product (ETP) from the asset manager WisdomTree. "WisdomTree Physical Bitcoin is a physically backed exchange-traded product (ETP) designed to offer shareholders a simple, secure and cost-efficient way to gain exposure to the price of Bitcoin,” according to WBIT’s website. “The ETP provides for easy investor access, tradability, transparency and institutional custody solutions with a robust physically backed structure."
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@BitcoinAltcoinCryptoNews
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💰 The buy Bitcoin sign shown behind Janet Yellen at a congressional testimony in 2017 sells for 16 $BTC (+$1 Million) at auction
@BitcoinAltcoinCryptoNews
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BREAKING: 🇪🇺 The EU reportedly prohibits use of anonymous hosted 💰 Bitcoin wallets and cash payments > €10,000
@BitcoinAltcoinCryptoNews
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💰 Bitwise CIO predicts Bitcoin volatility will fall 50% as institutional adoption rises
Bitwise CIO Matt Hougan provided a comprehensive outlook on Bitcoin’s trajectory towards the 2028 halving, predicting a 50% decrease in volatility and heightened institutional investor engagement. Bitcoin (BTC) hit a new all-time high weeks before the 2024 halving in an unprecedented surge. Hougan believes this trend will continue post-halving and cause Bitcoin’s price to escalate dramatically, as it has in the past since its $13 valuation at the time of its first halving in 2012.
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@BitcoinAltcoinCryptoNews
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💰 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.
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@BitcoinAltcoinCryptoNews
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💰 JPMorgan CEO Jamie Dimon still says Bitcoin is a fraud and a ponzi scheme
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💰 BlackRock Bitcoin ETF enters elite top 10 continuing a 70-day positive run of inflows
According to Farside data, Bitcoin (BTC) exchange-traded funds (ETFs) saw a net inflow of $62.2 million on April 22. This marks back-to-back net inflows for the first time since April 11. Grayscale GBTC recorded a $35 million outflow, its smallest outflow since April 10. This could be influenced by their plans to create a mini-trust ETF with competitive fees of 0.15%. This development could be a contributing factor to the reduced outflow.
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@BitcoinAltcoinCryptoNews
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💰 100k signatures can trigger Swiss national referendum on adding Bitcoin to country reserves
Bitcoin advocates in Switzerland have initiated a campaign to trigger a National Referendum urging the Swiss National Bank (SNB) to include the flagship digital asset in its asset reserves. The campaign is spearheaded by Yves Bennaïm, the founder and chairman of 2B4CH, a nonprofit think tank, and enjoys support from Luzius Meisser, the chairman of asset manager Bitcoin Suisse.
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@BitcoinAltcoinCryptoNews
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