Bitcoin News

Bitcoin News

Markets

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.

Bitcoin price on April 22 (CoinDesk)

Tech

Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul

The upgrade seeks to solve congestion issues, and will officially launch in May.

Muneeb Ali, co-creator of Stacks and CEO of Trust Machines (CoinDesk TV)

Opinion

How the Bitcoin Halving Will Drive Action to Layer 2s

Increasing on-chain use of the network are driving up fees.

(Markus Spiske/Unsplash, modified by CoinDesk)

Markets

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

The broker initiated coverage of the stock with a buy rating and $12 price target.

A Hut 8 mining facility (hut8.io)

Markets

First Mover Americas: Bitcoin Layer 2s Have Their Moment

The latest price moves in crypto markets in context for April 22, 2024.

Trading screen.

Markets

Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein

The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.

Bitcoin miners (Shutterstock)

Markets

Bitcoin's Unique Volatility Profile in Focus as VIX and MOVE Spike

Bitcoin's implied or expected volatility remains positively correlated with its price as traditional market fear gauges spike amid broad-based risk aversion.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Finance

Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says

Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.

(Hitesh Choudhary/Unsplash)

Markets

Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

Top Bitcoin Layer 2 coins have risen 5% to 20% since halving, leaving BTC behind, according to data source CoinGecko.

STX's price. (CoinDesk)

Markets

Bitcoin Transaction Fees Come Crashing Down Post Halving

After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.

(data.hashrateindex.com)