The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects on the miners themselves, as they are bound to lose a significant amount of revenue once the halving occurs. Bitcoin Miners Could Lose Up To…
Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why Read More »
Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since April…
Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021 Read More »
Bitcoin (BTC) took a nasty spill over the weekend. Plunging to a gut-wrenching $60,850 before staging a partial recovery to hover around $64,500, this sudden price drop has left the crypto community scrambling for answers. Veteran trader Peter Brandt, known for his eagle eye on market patterns, has stepped into the ring to offer his…
Bitcoin Completes ‘End Run,’ Analyst Says – Here’s What It Means Read More »
Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant Quicktake post, BTC’s price had neared the Realized Price of the short-term holder whales…
Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales Read More »
Bitcoin adoption is soaring across sectors, emerging as a standard in the sports industry. Demonstrating this trend, a UFC winner has requested his bonus to be paid in Bitcoin, underscoring the cryptocurrency’s increasing prominence within the sports sector. Bitcoin Becomes Price Of Choice For UFC Winner Brazilian professional Mixed Martial Artist (MMA) and UFC 300…
Bitcoin Goes Pro: UFC Winner Wants $300,000 Bonus Paid In BTC Read More »
The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, alongside an in-principle approval for…
Breaking: Spot Bitcoin And Ethereum ETFs Approved In Hong Kong Read More »
Bitcoin price started a major decline amid the Israel-Iran tensions. BTC declined toward $60,500 and is currently attempting a recovery wave. Bitcoin is attempting a recovery wave from the $60,500 support zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a key rising channel forming with resistance at…
Bitcoin Price Downside Thrust Over Or The Bears Are Not Done Yet? Read More »
Bitcoin, the pioneer and flagbearer of the digital currency realm, has once again captured the attention of investors. Recent market dynamics have prompted discussions among analysts and enthusiasts alike, with the spotlight firmly fixed on the possibility of a significant retracement in Bitcoin’s price. Renowned crypto analyst Rekt Capital has examined the current state of…
Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash Buying Window Read More »
There’s no denying the launch of Spot Bitcoin ETFs has done wonders for the price of Bitcoin and other cryptocurrencies in general. These ETFs have now unlocked institutional demand into the world’s largest crypto asset to change the dynamics ahead of the next halving. On the other hand, recent tensions between Iran and Israel have…
Bitcoin ETF Issuers Push Holdings To 4.27% Of BTC Supply Amid Crash To $61,000 Read More »
As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements…
Bitcoin Halving: A Tale Of 2 Emotions – Will FOMO Or FUD Rule The Market? Read More »
The bullish momentum of the Bitcoin price has dwindled over the past few weeks, putting the progression of the crypto bull cycle into question. On Friday, April 12, the crypto market witnessed a flash crash, causing the premier cryptocurrency’s value to drop from $70,000 to below $67,000. This latest downturn underscores the struggle of the…
Waiting For The Bitcoin Bull Run To Resume? Here’s The Indicator To Watch For Read More »
