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Pro Bitcoin MicroStrategy & MARA Show Support Amid BTC Dip
4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...
Pro Bitcoin MicroStrategy & MARA Stocks Surge Despite BTC Dip
4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...
Bitcoin Spot ETFs Bleed as BTC falls to $57K
4.7.2024
Bitcoin is down, and so is the rest of the crypto industry. Spot Bitcoin Exchange Traded Funds (ETFs) have suffered outflows as the market declines. At the time of this writing, Bitcoin (BTC) is worth $57,990, showcasing a 5.1% price drop in a week. BTC ETFs join the crypto doomsday The United...
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
4.7.2024
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase...
Bitcoin Price Fluctuates as Mt. Gox Begins BTC Activity
4.7.2024
As the cryptocurrency market braces for the billion-dollar Bitcoin repayment from Mt. Gox, recent wallet activity has sparked discussions. While the movements are small, they’ve ignited speculation about the timing and method of the upcoming massive payout. Decoding the Recent Bitcoin...
German Government Dumps 1300 Bitcoin, Holds 40,359 BTC
4.7.2024
The German government has transferred another stash of Bitcoin to major cryptocurrency exchanges. This action, occurring amidst a broader market downturn, has raised questions about its potential impact on Bitcoin’s price. Breaking Down the Bitcoin Transaction According to blockchain...
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
4.7.2024
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...
$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?
4.7.2024
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon
German gov’t transfers $172M in Bitcoin to multiple locations
4.7.2024
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet
Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst
4.7.2024
Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research
Bitcoin price loses its 200-day trendline for first time in 10 months
4.7.2024
Bitcoin drops through $58,000 as analysis highlights ongoing BTC seller interest throughout 2024
Bitcoin falls below $58K for the first time in 2 months
4.7.2024
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market
Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
3.7.2024
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
3.7.2024
Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin...
Price analysis 7/3: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
3.7.2024
Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
3.7.2024
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and its bitcoin holdings reached 18,536 BTC. Marathon Digital Reports June 2024 Bitcoin Production In June 2024...
Bitcoin Price Drops Below $60,000: BTC Weekend Projections
3.7.2024
In a surprising turn of events, Bitcoin has experienced a notable price drop, falling below the $60,000 mark. As of the latest market data, BTC is trading at $59,701.49, down 4.95% in the last 24 hours. This major volatility has definitely raised the question of how well BTC can perform this...
Bitcoin or bust: Companies add BTC to treasury for long-term potential
3.7.2024
Corporations are increasingly adopting Bitcoin as a treasury asset, with companies like MicroStrategy, Tesla and Coinbase leading the charge
World's largest Bitcoin miner didn’t sell any BTC in June
3.7.2024
Marathon Digital said it aims to further strengthen its Bitcoin holdings through open-market acquisitions but may also sell to support operations in the future