Bitfinity Network launches EVM-compatible Bitcoin Layer 2 backed by $12 million in funding

Bitfinity Network (a Layer 2 for Bitcoin, BTC) has launched its mainnet using $12 million of funding. Bitfinity, built as an Ethereum Virtual machine (EVM), Layer 2 solution for Bitcoin offers developers the capability to...

Bitcoin Climbs to $94K as BlackRock’s ETF Options See Strong Opening with 354K Trades

Bitcoin surged to a fresh high above $94,000 on Wednesday after BlackRock’s iShares Bitcoin Trust (IBIT) made history as the first spot Bitcoin ETF approved for options trading. Nasdaq launched options trading for the IBIT ETF...

Bitcoin Futures Open Interest Hits Record $40.5 Billion, Reports CoinGlass

Bitcoin derivatives reached new heights, as the open interest (OI) in Bitcoin futures hit a record high of $40.5 Billion on October 21. This is according to a CoinGlass report. The Chicago Mercantile Exchange, or...

European Central Bank Claims Early Bitcoin Investors Exploit New Buyers

A recent paper by the European Central Bank claims that early Bitcoin traders are benefiting at the expense of newer entrants into the market. The paper argues, that Bitcoin's limited and decentralized supply structure has created...

10 Common Cryptocurrency Scams and How to Stay Safe from Them

Introduction Cryptocurrency is changing how we think about money, but as it becomes more popular, there are also more risks involved. Every year, people lose millions of dollars to scams. It is important to know...

Tesla Shifts $765M Bitcoin to Unidentified Wallets, Sparking Debate on Elon Musk’s Strategy

Elon Musk's Tesla moved nearly all its Bitcoin, worth $760m, to unidentified wallets. The move sparked speculation that the automaker was planning to sell its Bitcoin holdings. Arkham Intelligence revealed that wallets connected to Tesla sent over...

Trader Peter Brant Predicts $135K Bitcoin in 2025, But Short-Term Challenges Loom

Peter Brandt, a veteran trader, says that Bitcoin must avoid falling below $48,000 in order to maintain its chances of reaching a six-figure high next year. In a post on October 9, Brandt shared his Bitcoin expectations...