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Bitcoin Bulls Advance Price, Face Resistance at $64K


The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading at $63,070 per unit. The day’s upward movement led to $124.64 million in crypto short and long liquidations, with bitcoin shorts...

Bitcoin ETFs add 526 BTC worth $33M for July markets


The United States Securities and Exchange Commission gave Bitcoin ETFs a trading chance in January 2024. As the second half of the year begins, nine out of the 11 approved BTC ETFs have added $33 million to their trading portfolios. Bitcoin ETFs gain more trading grounds According to on-chain data...

Bitcoin Miners’ June Revenue Dips Slightly Below May


The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin...

Germany moves more seized Bitcoin – Will BTC hold above $60K


Historically, traders know the weekend to carry negative sentiments for the crypto industry, especially Bitcoin. Last weekend in June, the crypto market shed millions, with BTC trading below $61,000. Germany has moved more seized BTC during early morning trading hours. Will BTC hold above $63K...

Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance


Bitcoin’s price on July 1, 2024, stands at $62,769, with a 24-hour intraday price range of $61,261 to $63,694. The cryptocurrency’s market capitalization is $1.23 trillion, and the 24-hour trade volume is $21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward...

The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?


As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching...

Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall


With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above...

Several Sleeping Bitcoin Wallets Reactivate After Years of Inactivity


According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years. One inactive address, created on April 1, 2013, transferred 126.65 BTC valued at $7.63 million, marking its first transaction in over 11 years. Hundreds...

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