Elon musk bitcoin news
MetricValuePrice$156.83Market Cap$82.74 Billion24H Volume$4.29 Billion24H Price Change4.14%24H Volume Change25.2%Circulating Supply527.75 MillionTotal Supply603.14 MillionFully Diluted Market Cap$94 Crypto Slang terms.56 Billion
BTC in practice New coins are created as part of the Bitcoin mining process. Bitcoins are rewarded to miners who operate computer systems that help to secure the network and validate incoming transactions. These Bitcoin miners run full nodes and use specialized hardware otherwise known as Application Specific Integrated Circuit Chips (ASICs) to find and generate new blocks. Once a series of computationally demanding problems have been solved a completed “block” is added to the ever-growing “chain”, this mining process can fluctuate and become easier or harder depending on network demand and value, this is known as the network difficulty. Besides block rewards, miners also collect transaction fees which further incentivizes them to secure the network and verify transactions. This independent network of miners also decreases the chance for fraud or false information to be recorded, as the majority of miners need to confirm the authenticity of each block of data before it’s added to the blockchain, in a process known as “proof of work.”
Bitcoin and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
Bitcoin today news
Bitcoin, the world’s first and most valuable cryptocurrency, continues to dominate the digital asset landscape with a market capitalisation exceeding $4 trillion as of January 2025. Created in 2008 by the pseudonymous Satoshi Nakamoto, this decentralised digital currency operates on a peer-to-peer network, with millions of users worldwide and increasing institutional adoption.
Bitcoin, the world’s first and most valuable cryptocurrency, continues to dominate the digital asset landscape with a market capitalisation exceeding $4 trillion as of January 2025. Created in 2008 by the pseudonymous Satoshi Nakamoto, this decentralised digital currency operates on a peer-to-peer network, with millions of users worldwide and increasing institutional adoption.
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies.
The cryptocurrency landscape has evolved significantly, with Bitcoin ETFs now trading on US stock exchanges, offering mainstream investors direct exposure to the digital asset. Major financial institutions, including BlackRock, have recommended portfolio allocations to Bitcoin, while countries like El Salvador maintain it as legal tender. Mining operations continue to face scrutiny over their environmental impact, with increasing focus on sustainable energy sources.
MetricValuePrice$0.00 (Data Anomaly – Expected Value Around $0.000012)Market Cap$7,214,779,235.5224H Volume$116,501,157.47Circulating Supply589,248,223,817,172.4 SHIB24H Volume Change28.77%24H Price Change2.28%Fully Diluted Market Cap$7,218,507,197.16Total Supply589,502,779,777,645 SHIBMax Supply589,552,695,333,683 SHIB
Ethereum (ETH) is currently trading at $2660.62. The market capitalization stands at $320.23 billion, reflecting its position as a leading blockchain platform for smart contracts and decentralized applications (dApps). In the last 24 hours, ETH experienced a 4.09% increase in price.
Bitcoin news
As Israel’s airstrikes on Iran roiled global markets, gold rallied while Bitcoin plunged below $103,000. Economist Peter Schiff reignited criticism of Bitcoin as a “digital gold,” questioning its safe-haven credibility. Crypto assets saw a sharp selloff, even as institutional flows into Bitcoin ETFs like BlackRock’s remained steady.
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US president Donald Trump’s administration made a surprise announcement last month on lifting sanctions against Syria, where an Islamist-led government took power after overthrowing former leader Bashar al-Assad in December. Trump said he took the decision at the behest of Saudi Arabia, which was a leading advocate for removing the sanctions.
Gemini, run by the Winklevoss twins, has confidentially filed for a US IPO. This move comes as crypto firms see renewed market strength. Circle’s recent successful debut has encouraged others. Experts say crypto firms should seize this opportunity. The IPO surge signals growing confidence in the crypto industry. This could bring more transparency and capital to the market.
Bitcoin news prediction
While ETF inflows are seeing a revival, providing crucial support to market leaders, it’s Ethereum that’s stealing the spotlight with its institutional traction. XRP, too, is drawing attention thanks to its $1 billion in treasury commitments and anticipation surrounding the Ripple vs SEC case. I am sure that this has compelled you to look out for Bitcoin, Ethereum, and XRP price prediction. Here’s how the top three assets are shaping up technically:
Looking down, institutional demand has continued to strengthen so far this week. According to SoSoValue data, US spot Bitcoin Exchange Traded Funds (ETFs) recorded an inflow of $431.12 million on Tuesday, marking the second consecutive day of inflow this week. If this institutional inflow continues or intensifies, the BTC price could recover and head toward its all-time high of $111,980.
Bitcoin remains highly sensitive to global liquidity cycles. When central banks ease monetary policy or inject liquidity, BTC often rallies alongside equities and risk assets. Conversely, rate hikes or economic downturns typically trigger risk-off sentiment, pushing prices lower. Bitcoin’s next major rally may coincide with a broader monetary easing cycle, likely in the mid-to-late 2020s, boosting long-term price potential.
Yes, Bitcoin’s most recent halving occurred on April 19, 2024. The event reduced mining rewards, historically leading to supply shocks that contribute to bullish price momentum in the following years.
XRP today is changing hands at $2.18, up 1.60%, but still below its 50-day SMA of $2.28, signaling short-term caution. The token is above the 200-day SMA of $1.91, reinforcing longer-term strength. With support near $2.0145, I believe that the downside seems limited in the short term.