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Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
29.8.2024
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s...
Bitcoin’s Rough September Price History Raises Questions for 2024
27.8.2024
As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73%...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
25.8.2024
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...
Why 2024 Should Be Bitcoin’s Year to Step Away From Politics
25.8.2024
As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to international capitals, this digital currency has become a talking point, with politicians on both sides of the aisle either championing it as a revolutionary financial tool...
Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
24.8.2024
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced...
Bitcoin’s $100K Target Delayed but Inevitable, Says Antony Scaramucci
22.8.2024
Anthony Scaramucci, founder of SkyBridge Capital, is still confident that BTC will hit $100,000 at some point, albeit…
Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies
22.8.2024
The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies
TradFi Underestimates Bitcoin's Enormous Scale, Franklin Templeton CEO Says
21.8.2024
Bitcoin processed $36.6 trillion in transactions last year, far more than payment network giants Mastercard and Visa combined
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
21.8.2024
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These...
Latam Insights Encore: El Salvador Bitcoin’s Allure Might Help Bukele Reactivate the Country’s Economy
20.8.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities of making Bitcoin an important part of the proposed economic overhaul plan of El Salvador. Latam Insights Encore:...
Bitcoin's Programmability Draws Closer to Reality as Robin Linus Delivers 'BitVM2'
15.8.2024
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
14.8.2024
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local...
Bitcoin Price Stable Post no Mention in Musk & Trump X Space
13.8.2024
Crypto investors have wagered on many microeconomic and geopolitical events to bring about the Bitcoin bull run. One…
Marathon Digital listens to Trump; stamps mined Bitcoins ‘Made in USA’
13.8.2024
Post former US President Donald Trump’s slogan, the Bitcoin Mining firm, Marathon Digital Holdings has conceded and decides…
Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
13.8.2024
The dwindling metric points to declining selling pressure in the bitcoin market
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
11.8.2024
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled...
Nexio Raises $2.2M in Pre-Seed Funding, Launches Parallelized Bitcoin Rollup to Revolutionize Bitcoin’s Scalability
9.8.2024
PRESS RELEASE. New York, August 9th, 2024 – Nexio, a pioneering Bitcoin scaling solution leveraging parallelized rollup technology, today announced that it has raised $2.2 million in pre-seed funding from a diverse roster of prominent industry investors. This funding will enable Nexio to accelerate...
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
9.8.2024
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure...
Bitcoin's 12% Price Rally on Thursday Was The Biggest Since February 2022
9.8.2024
Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns
Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns
7.8.2024
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike