Bitcoin Magazine

2024-04-26 09:50:19 ViaBTC's 'epic sat' from fourth Bitcoin halving block sells for 33.3 BTC ($2.13 million)

An "epic sat"—an exceptionally rare satoshi, the smallest unit of bitcoin, from Bitcoin's fourth halving block—sold for over $2 million. This milestone not only signifies Bitcoin's fourth halving but also includes a block identified as an epic 'Rare Satoshi' by the Ordinals numbering system," CoinEx Global wrote on the satoshi's auction page, adding on social media, "This auction isn't just a bidding event; it marked the community recognition, media attention and widespread embrace of Bitcoin."

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2024-04-25 18:32:27 BREAKING: The EU reportedly prohibits use of anonymous hosted Bitcoin wallets and cash payments > €10,000

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2024-04-25 11:05:20 Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst

Hong Kong’s market regulator has officially approved the first batch of crypto-related spot exchange-traded funds (ETFs), a first for the city and a move that could establish it as Asia’s leading digital-asset hub and unleash further growth in the sector. The funds could start trading on April 30, Bloomberg Intelligence analyst Eric Balchunas said Wednesday, adding that the management fees are lower on average than previously expected.

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2024-04-24 20:01:35 Bitcoin options worth over $6.3 billion set to expire this Friday on Deribit

Approximately $9.4 billion in cryptocurrency options are set to expire this Friday on the Deribit derivatives exchange. The majority of the options set to expire are bitcoin contracts, with a notional value of $6.35 billion. The put-call ratio ahead of Friday's end-of-month expiry is elevated at 0.68 — an increase in the amount of puts versus calls when compared to the previous week.

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2024-04-24 08:35:13 Mining pool ViaBTC auctions rare Bitcoin ‘epic sat’ from recent halving event on CoinEx

ViaBTC, the world’s third-largest mining pool, is initiating an auction for the “epic sat” it uncovered during Bitcoin’s fourth halving event on April 20. “Epic sat” refers to the initial satoshi generated following each halving event, occurring approximately every four years after 210,000 blocks. With just 32 epic sats expected to exist, these units carry exceptional significance within the Bitcoin network. According to the auction page, the highest bid for the asset is 2 BTC, approximately $132,000, as of press time.

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2024-04-23 18:30:32 Bitcoin transaction fees surge to make up 75% of miner revenue post-halving

Bitcoin’s fourth halving introduced a long-term and a short-term shift in miner revenue composition as it reduced the amount of BTC rewarded to miners for each mined block by 50% — directly impacting miner incentives and, by extension, the broader Bitcoin economy. On April 19, just before the halving, transaction fees constituted 11% of total.

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2024-04-23 08:31:05 Pro-Bitcoin presidential candidate RFK Jr. says he will "put the entire US budget on blockchain" if elected in 2024.

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2024-04-22 21:02:09 Why Coinbase holding 90% of Bitcoin ETF's should worry you says Adam O'Brien

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2024-04-21 21:45:33 DAVE PORTNOY: I wouldn’t buy Bitcoin at these levels. I’m don’t think I can stomach getting back in until it’s in the 40’s again

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2024-04-21 10:34:57 The Bitcoin Halving explained.

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