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MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B
27.12.2023
Microstrategy's CEO Michael Saylor tweeted on Wednesday that the company had acquired an additional 14,620 bitcoin
Bitcoin Technical Analysis: Analyzing the Push and Pull of BTC’s Market Forces
27.12.2023
Bitcoin’s current price steadies at $42,750 to $42,964 and an intraday range between $41,820 and $43,192. Despite the fluctuations, the market capitalization holds strong at $841 billion, with a 24-hour trade volume of $25.32 billion. Oscillators sway gently in a neutral stance, while moving...
Bitcoin’s 2023 Rollercoaster: The Most Prominent BTC Price Peaks and Troughs This Year
27.12.2023
After a tumultuous 2022 tarnished by the collapse of industry giant FTX, Bitcoin 2023 has been a rollercoaster recovery, yet, with Bitcoin (BTC) now stood atop a +160% gain year-to-date, lets take a deep-dive into how BTC price got here. January Rally: Slowing Inflation Triggered Desperate Bitcoin...
Elon Musk: ‘I Don’t Spend a Lot of Time Thinking About Cryptocurrency’
27.12.2023
Elon Musk, CEO of Tesla, Spacex, chairman of X, and the wealthiest man alive, has declared he doesn’t spend “a lot of time” thinking about cryptocurrency. In a recent X Space hosted by Cathie Wood, CEO of Ark Invest, the self-proclaimed “Dogefather” stated he had more...
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
27.12.2023
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
27.12.2023
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations
'Smart Money' is Record Long on BTC Ahead of Expected Bitcoin ETF
27.12.2023
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show
'Smart Money' Is Record Long on BTC Ahead of Expected Bitcoin ETF
27.12.2023
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show
Bitcoin Price Prediction: ETF Push and Keiser’s $400K Forecast Amidst 2.60% Dip
27.12.2023
Amidst a notable 2.60% dip in the market, Bitcoin is currently trading at $42,378 this Wednesday, yet the cryptocurrency world buzzes with optimistic forecasts and pivotal developments. The potential approval of a spot Bitcoin ETF is one of the major factors, with five key reasons suggesting...
Spot BTC ETF Approval Will Encourage More Institutions to Invest in Bitcoin: Cathie Wood
27.12.2023
Source: Ark Invest Instagram In a recent interview with CNBC, Ark Invest CEO Cathie Wood expressed optimism regarding the approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Wood noted that the signs pointing to Bitcoin spot ETF approval...
Bitcoin Closes 2023 With 27 Dynamic Difficulty Adjustments, Netting a 74% Rise in Mining Challenges
27.12.2023
Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by 10.26%. Bitcoin’s Year: 20 Ups, 7 Downs Total...
2023 Crypto Wealth Surge — Satoshi Nakamoto Tops With $26B Increase, Industry Titans Follow
26.12.2023
A recent analysis indicates that Changpeng Zhao, Binance’s former chief, experienced a near $25 billion surge in his estimated wealth in 2023, while Coinbase’s Brian Armstrong enjoyed a $5.8 billion increase. Yet, topping the list was the elusive Satoshi Nakamoto, whose purported...
Catch up with the Dragon’s Treasure & enjoy the bounties that await!
26.12.2023
1xBit offers an exciting opportunity to celebrate the Chinese New Year and reward your thirst for adventure with sporting opportunities. The Dragon’s Treasure is a tournament that kicked off just recently and is still taking participants. The world is your stage in this treasure island;...
Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC) Plunge After Holders Capitalize On Gains, Analysts Eye Pullix Presale After It Sells Over 5 Million Tokens In Less Than A Week
26.12.2023
Cryptocurrency markets have witnessed a notable downturn, with major players like Ethereum (ETH), Dogecoin (DOGE), and Bitcoin (BTC) experiencing significant price plunges. This trend has been largely attributed to holders capitalizing on recent gains, leading to a substantial sell-off. Could heads...
Bitcoin Price Prediction: ETFs Boost BTC to $43,500, Japan Tax Reforms in Play
26.12.2023
In a remarkable surge, Bitcoin has reached $43,499, marking a 0.71 percent increase on Tuesday. This notable ascent can be largely attributed to the burgeoning interest in Spot Bitcoin ETFs, which are poised to surpass the combined inflows of all 150 crypto ETPs currently in the market. Adding...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
25.12.2023
Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs. ASIC Mining’s Changing Landscape Once, numerous ASIC producers flourished, but today, only...
Solana Price Prediction: $4.7 Billion Trading Volume Floods In – Can SOL Hit $120 before 2024?
25.12.2023
Solana (SOL), a key player in the cryptocurrency market, has shown remarkable resilience and upward movement, maintaining a strong position around the $122mark. This surge reflects the broader positive sentiment enveloping the crypto market, particularly underscored by Bitcoin’s (BTC) stable...
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
25.12.2023
On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023. Bitcoin’s Festive Feat — Record Transactions...
Study: Nvidia Stock and Bitcoin the Top Two Performing Assets in 2023
25.12.2023
With its U.S. dollar value having risen by nearly 160% since the start of the year, bitcoin is set to end 2023 as one of the best-performing assets. Only semiconductor giant Nvidia’s stock has outperformed the top crypto asset in 2023 so far. Key moments such as Blackrock’s spot...