Bitcoin news

17 Apr, 2024
A full-scale Middle East conflict is unlikely but any further escalation of tensions would have significant adverse consequences for commodity markets and inflation, affirming geopolitical developments as a core economic challenge globally.
Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets at DTCC.
Bitcoin (BTC-USD) has dropped over 10% within the past 5 days in anticipation for the "halving" of bitcoin. Halving is when the reward for bitcoin mining is cut in half to reduce the amount of coins in circulation. It happens about every 4 years. Yahoo Finance's Bradley Smith breaks down what bitcoin halving means and what investors need to keep in mind as it starts. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Oil prices (CL=F, BZ=F) are trading slightly lower on Wednesday, following heightened geopolitical tensions in the Middle East as energy markets weigh Iran's attack on Israel. Gold (GC=F) prices are inching higher despite the strength in the US dollar and the bond market. Bitcoin (BTC-USD) prices have fallen from their recent highs, as the crypto market anticipates the upcoming bitcoin halving event this week. Yahoo Finance's Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith
Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
The Aussie dollar rallied early during the session on Wednesday, as we continue to see a lot of volatility.
Ether's 90-day puts trade more expensive than calls on Deribit for the first time since January, according to Amberdata.
Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.
Bitcoin prices remain well below their mid-March record but crypto bulls see big gains coming from the ‘halving’ set for later this week.
Which? asked 39 car insurers and 34 home insurers what annual percentage rates were being applied to monthly payments.
Some other catalyst needs to happen before bullish sentiment returns, says one trader.
16 Apr, 2024
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.
Previous halvings have powered the cryptocurrency's price higher because they reduce the supply of new tokens in circulation.
The Australian dollar has fallen again on Tuesday, as we are now below a major support level.
Bitcoin sells off alongside stocks amid geopolitical tensions as the ‘halving’ event looms in the coming days.
Unemployment rose and pay growth was still stubbornly high, leaving the Bank of England with a choice on its hands at its next interest rates call.
Miners' shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said.
15 Apr, 2024
Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years. The bitcoin halving directly impacts the profits of bitcoin miners, including Riot Platforms (RIOT). Riot Platforms CEO Jason Les speaks with Yahoo Finance about Riot's preparations for the halving and the "compelling" upside effects the crypto space is currently experiencing, despite whatever "rough patch of volatility" the halving will bring. "The price appreciation in the first part of this year following the approval of various bitcoin ETFs, I think, has really helped dampen the negative impact of the halving will have on miners because we've already seen some upside. from this," Les says, later adding: "Our value proposition to investors is that through our low cost to power, we are effectively purchasing bitcoin at a discount to its market price. We are getting leverage on bitcoin nd we... expect to have more outsized returns when the bitcoin price appreciates." Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.
The Bank of England is looking closely at the possibilities of distributed ledger technology, tokenisation and programmable money.
As bitcoin {{BTC}} continues to gain traction worldwide, the approach to introducing it to newcomers plays a crucial role in its widespread adoption. While some advocates firmly believe in a "Bitcoin only" narrative, this aggressive stance can often hinder the conversation and deter potential adopters. Instead, a "Bitcoin first" approach, which prioritizes education and understanding, may prove more effective in fostering genuine interest and long-term investment in bitcoin.