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Bitcoin's 2024 Halving Set To Surge Production Costs, Injecting Investor Confidence: JPMorgan Report
Monday, June 5, 2023 - 11:42am | 452Continued enthusiasm for Bitcoin (CRYPTO: BTC) from individual investors is expected to persist over the upcoming year, leading up to the cryptocurrency's next halving event, according to a recent research paper published by JPMorgan Chase & Co (NYSE: JPM). The research report credits the...
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Crypto Holders Show Resilience As Wallets With At Least One Bitcoin Surpasses 1M
Tuesday, May 16, 2023 - 9:46am | 420Despite the recent downturn in broader markets affecting Bitcoin's (CRYPTO: BTC) price, the cryptocurrency continues to inspire confidence among long-term holders. According to Glassnode, the count of individual wallets with at least one Bitcoin has surpassed a million. Since February 2022,...
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Binance Joins Bitcoin NFT Party: Is BRC-20 On An Unstoppable March To $1B?
Tuesday, May 9, 2023 - 9:13am | 677Bitcoin non-fungible tokens (NFTs) are gaining traction in the Web3 space as an increasing number of marketplaces embrace digital assets. Cryptocurrency exchange Binance on Tuesday revealed plans to incorporate Bitcoin NFTs into its marketplace by late May. This move extends the company's...
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Bitcoin's BRC-20 Token Explosion: Market Cap Skyrockets 682% In Just One Week
Tuesday, May 2, 2023 - 11:50am | 503The demand for "Bitcoin Request for Comment" (BRC-20) tokens, built using Ordinals and stored on the Bitcoin (CRYPTO: BTC) base chain, has surged dramatically, with their market value increasing by several hundred percent. Currently, the combined market capitalization of over 8,800...