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Crypto World News

@CryptoWorldNews
Channel's geo and language: not specified, English

🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space.

🔹No subscription fee🔊
@CryptoWorldNews
@CryptoWorldICOs
@CryptoWorldAnalysis
Admin of the Channel:
@AdamCWN ✔️

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Crypto World News

20 Apr, 04:05

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BREAKING: 💰 Bitcoin halving officially complete.

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Crypto World News

19 Apr, 20:52

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💰 Bitcoin halving interest higher than ever with under 12 hours left to go

With less than 12 hours remaining until the next Bitcoin halving, online interest in the event has hit its highest rate, according to detailed tracking information provided by blockchain analytics platform Santiment. Santiment is tracking social volume and dominance around the event, with volume spiking to its second-highest level ever and dominance reaching a new all-time high at 3.87% of crypto social activity.

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Crypto World News

19 Apr, 18:46

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Crypto World News

19 Apr, 09:31

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💰 BlackRock says rising inflation is driving Bitcoin adoption

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Crypto World News

18 Apr, 20:32

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💰 Bitcoin to Hit $122,000 in 2024, Predicts Finder’s Latest Survey of Experts

Finder’s latest survey on bitcoin’s (BTC) price involved a unique panel of 31 crypto and fintech experts. The results suggest that BTC could reach a peak of $122,000 in 2024, and then settle at $109,000 by year’s end. Nick Ranga, the senior crypto and forex analyst at Forextraders, attributes the current uptick in BTC’s value to growing institutional engagement. Ranga is among those experts who foresee BTC reaching its zenith once more in 2024, ultimately closing the year around the $100,000 mark per unit.

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Crypto World News

18 Apr, 08:50

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⚪️ Worldcoin to have its own Layer 2 blockchain called World Chain

Sam Altman's proof-of-humanity project Worldcoin , will soon begin utilizing its own Layer 2 blockchain meant to improve efficiencies as it onboards new users. The new Layer 2, called World Chain, will be secured by Ethereum, according to a statement. Additionally, users who have been verified as human will "enjoy priority blockspace over bots and some free gas," the statement also said.

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Crypto World News

17 Apr, 19:34

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💰 Bernstein expects bitcoin’s bullish trajectory to resume post-halving, reiterates $150,000 target

Analysts at research and brokerage firm Bernstein expect bitcoin to resume its bullish trajectory post-halving, reiterating their target of $150,000 by the end of 2025. This view mirrors that of Bloomberg ETF analyst Eric Balchunas, who told The Block last month that making the spot bitcoin exchange-traded funds accessible on significant wirehouse platforms — which he identified as looking after between $7 trillion and $10 trillion in assets.

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Crypto World News

17 Apr, 08:41

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💰 Miners Race to Discover Block 840,000 as Bitcoin Halving Nears

Many enthusiasts in the Bitcoin community were anticipating the next halving to coincide with Saturday, April 20, 2024, but the latest data suggest it will likely occur a day earlier, on April 19. Despite a recent uptick in mining difficulty, miners have managed to maintain a high hashrate, resulting in block times dropping below the average ten-minute mark.

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Crypto World News

16 Apr, 18:52

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🇭🇰 Hong Kong spot bitcoin ETFs could go live as soon as this month: OSL

Hong Kong asset managers, including units of China Asset Management (ChinaAMC) and Harvest Global, may soon launch their spot bitcoin exchange-traded funds as early as later this month, OSL confirmed with The Block today. “Reports suggest a spot ETF may start in late April, with a spot ETF following shortly after,” said Patrick Pan, chairman of the board and CEO of OSL. “All parties are working expeditiously to complete the process. However, exact dates remain unconfirmed at this time.”

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Crypto World News

16 Apr, 09:41

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🇭🇰 ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate

Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital inflows into the Hong Kong ETFs, Balchunas mentioned that while it’s a positive step forward, he emphasized that Hong Kong’s ETFs would be “lucky to get” around $500 million in total flows.

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Crypto World News

15 Apr, 19:07

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🇳🇴 Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

Norway's government is introducing a law for data centers partly in an effort to block energy-intensive crypto mining in the country, according to a report by local news outlet VG that cited two lawmakers. Digitalization Minister Karianne Tung and Minister for Energy Terje Aasland say the law will regulate the data-center industry for the first time, requiring operators of the centers to be registered with local regulators, the report said.

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Crypto World News

15 Apr, 16:24

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Crypto World News

15 Apr, 09:36

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🇺🇸 Congressman Patrick McHenry says the US needs to be a leader in 💰 Bitcoin

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Crypto World News

14 Apr, 18:50

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Crypto World News

14 Apr, 09:15

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🇺🇸 US Treasury: 🇷🇺 Russia Turns to 🪙 Tether (USDT) to Evade Sanctions

Adeyemo emphasized the necessity of enhancing secondary sanctions capabilities within the Treasury, directed towards digital asset providers. Wally Adeyemo, Undersecretary of the U.S. Treasury, released an official statement saying Russia is increasingly resorting to alternative payment methods, such as the stablecoin Tether (USDT), to evade sanctions and sustain its military operations. The hearing, titled “Countering Illicit Finance, Terrorism, and Sanctions Evasion,” marks the committee’s second discussion on the topic within the last six months.

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Crypto World News

13 Apr, 18:47

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💰 Bitfarms expands Bitcoin mining hashrate to 7 EH/s with Quebec upgrades

Bitfarms announced on April 12 that it completed upgrades to its Bitcoin mining facilities in two locations, bringing its total hash rate to 7 EH/s. Bitfarms installed 3,168 T21s devices at its Garlock, Québec facility, plus 1,710 T21s and 100 M53S+ hydro miners at its Farnham, Québec site. Geoff Morphy, President and CEO of Bitfarms, emphasized the benefit of efficiency, asserting the “transformative nature of [the] upgrade plan.” He noted that greater efficiency prepares the company for Bitcoin’s upcoming halving event.

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Crypto World News

12 Apr, 20:32

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💰 BlackRock’s spot bitcoin ETF crosses $15 billion in total inflows

BlackRock’s IBIT spot bitcoin exchange-traded fund reached $15 billion in total inflows yesterday — exactly three months after it began trading on Jan. 11. “IBIT is up over 50% and has taken in $15 billion in new cash in three months; both of those numbers are double any other BlackRock ETF, and they have 421 of them,” Bloomberg ETF analyst Eric Balchunas said on Thursday. “That is about as hot as the iron gets.”

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Crypto World News

12 Apr, 18:59

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Crypto World News

12 Apr, 10:06

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🇹🇭 Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO

The owner of Thai crypto exchange Bitkub Online, which plans to sell shares to the public next year, could be valued as high as $3 billion, Bitkub Capital Group CEO Jirayut Srupsrisopa said. Bitkub Capital signaled its intention to sell shares to the public in a 2023 letter to shareholders that didn't give a timeframe. Jirayut told Bloomberg earlier this month that an IPO was planned for next year and the company was in the process of hiring financial advisers.

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Crypto World News

11 Apr, 21:14

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💰 Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer

As of April 10, the difficulty of mining a block has intensified by 3.92% following the most recent adjustment. Concurrently, Bitcoin’s network hashrate also attained its highest level ever, as indicated by the seven-day simple moving average (SMA) metrics, which shows a peak of 641 exahash per second (EH/s). This uptick was due to block intervals shortening to less than 9 minutes on April 9, quicker than the typical 10-minute average.

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