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Bitcoin’s Hashrate Hits Historic 527 EH/s Lifetime Peak, Shattering Previous Records
20.12.2023
Recent data, analyzing the seven-day average of Bitcoin’s hashrate, reveals yet another lifetime peak in the network’s performance. On Dec. 20, 2023, Bitcoin’s hashrate climbed to an unprecedented high. The seven-day simple moving average (SMA) indicates that the hashrate...
Grayscale CEO Says Spot Bitcoin ETF Could Usher In $30 Trillion to The Market – Here’s More
20.12.2023
Source: a video screenshot, Bloomberg Technology / YouTube Grayscale CEO Michael Sonnenshein has restated growing optimism over an investment drive in the cryptocurrency market in the event of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). In a recent CNBC...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
Bitcoin Technical Analysis: Bullish Trends Push Against Upper Resistance Limits
20.12.2023
Bitcoin’s price of $43,094, fluctuating between $42,235 and $43,176 within 24 hours, reflects a market in subtle motion. With a substantial 24-hour volume of $20.10 billion and a market capitalization of $837 billion, bitcoin maintains its strong presence in the cryptocurrency sphere....
Bitcoin Price Prediction: BTC Dips to $42,475 Amid Big ETF Moves and Pre-Halving Mining Surge
20.12.2023
In a market where change is the only constant, Bitcoin (BTC) has witnessed a notable dip, currently trading at $42,471, down by nearly 1.50% on Wednesday. This movement comes amid significant developments in the crypto space, including the largest Wall Street evolution for Bitcoin ETFs in three...
Messari CEO Expects Bitcoin to Remain the Unstoppable “Godzilla of Finance” in 2024
20.12.2023
Source: Adobe Stock Messari CEO Ryan Selkis has likened Bitcoin (BTC) to the unstoppable “Godzilla of finance,” emphasizing its enduring position as the leader in the crypto market. In his annual report outlining the key trends within the crypto industry, the crypto boss said...
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
20.12.2023
On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...
Bitcoin Price Prediction as BTC Rises 5.30% to $43,000 – Can It Sustain This Growth?
20.12.2023
In the dynamic world of digital currencies, Bitcoin (BTC) has once again made headlines with a remarkable surge, surpassing the $43,000 threshold. This leap contributes to a significant uptick in the global crypto market cap, which now stands at an impressive $1.61 trillion, marking a 3.82%...
Bitcoin (BTC) Cools Off after strong rally, while InQubeta (QUBE) presale keeps Momentum
20.12.2023
The crypto market is witnessing a fascinating juxtaposition of events. While Bitcoin (BTC) takes a breather after its recent rally, a new ICO, InQubeta (QUBE) is gaining unprecedented momentum. This scenario paints a picture of a crypto landscape that is rapidly evolving, fueled by investor...
Bitcoin Reaches New All-Time High In Options Open Interest
20.12.2023
Demand for Bitcoin options is soaring, with average daily open interest on the Chicago Mercantile Exchange (CME) touching an all-time high of $1.9 billion as of December. According to CoinGlass, the last high for CME open interest was in April at $1.68 billion, when the U.S. banking crisis a month...
Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity
19.12.2023
As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and institutional practices. Coinbase’s 80-Page 2024...
Hacker Seeks to Sell Access to Binance’s Law Enforcement Request Panel for $10K in BTC
19.12.2023
Source: Pixabay An unidentified individual on the Breach Forums platform is attempting to sell access to Binance’s law enforcement panel for $10,000. The user, with the username “Miembro,” posted on Breach Forums claiming to have access to Binance’s Data Request Portal....
Bitcoin Struggles for Direction in Run-Up to Christmas + More News
19.12.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin Struggles for Direction in Run-Up to Christmas Hong Kong’s AIA Carnival to Accept Cryptocurrency Payments in Partnership with...
Elastos Looks to Capture BTC Staking Demand With Bitcoin Layer 2 Offering
19.12.2023
The platform is developing Bitcoin tools as the applications built on the network catch favor with investors
Assets Under Management Surges Past $50 Billion as Altcoins Record Slight Gains
19.12.2023
Source: Adobe / Luisa Digital assets funds continue their upward momentum as asset prices continue to rise towards the end of the year with growing optimism for an approval of a spot Bitcoin (BTC) ETF in the United States. Data from CoinShares shows cryptocurrency assets under management (AUM)...
Market Turmoil Triggers Over $215M in Liquidations as 100,000 Traders Face Losses
19.12.2023
Source: iStock/Yevheniia Hordieieva The crypto market has recently experienced a surge in volatility, leading to more than $215 million in liquidations over the past 24 hours. Bitcoin (BTC), which had been trading at a multi-year low, rebounded by 5% in the last 24 hours, reaching a price...
Bitcoin Price Prediction: Surge to $43,103, ETF Talks Fuel Optimism
19.12.2023
Bitcoin (BTC) witnessed a notable increase of over 5%, reaching $43,100 on Tuesday, amidst pivotal developments in the cryptocurrency landscape. The spotlight turned to the discussions of Spot Bitcoin ETFs at a meeting between the SEC and BlackRock, highlighting the growing interest in mainstream...
Grayscale CEO Calls for Simultaneous Approval of Spot Products to Level the Field
19.12.2023
Source: a video screenshot, Bloomberg Technology / YouTube Grayscale CEO Michael Sonnenshein believes the Securities and Exchange Commission (SEC) needs to approve spot Bitcoin (BTC) exchange-traded funds (ETFs) simultaneously. Sonnenshein expressed his views during a recent interview with...
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
19.12.2023
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds
Bitcoin (BTC) Aims for $45,000 Price Target As Bull Run Slows Down; Litecoin (LTC) and InQubeta (QUBE) Make Major Gains
19.12.2023
Bitcoin (BTC) currently at $42,500 price mark at the time of writing. Despite BTC’s rising demand among institutional investors, its bull run is slowing down as it aims for $45,000. Top analysts identified Fear of Missing Out (FOMO) as a critical factor fueling BTC’s price uptrend...