Crypto markets are eyeing several US macroeconomic events this week that could influence Bitcoin’s price. In 2024, macro developments have regained their effect on crypto assets, marking a shift from 2023, when their impact had […]
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to a record low. According to […]
The Bitcoin price began Friday, August 16 from beneath the $57,000 level, following a sudden 7% fall on Thursday. While the premier cryptocurrency is showing good signs of recovery, a prominent crypto analyst has explained […]
VanEck, an asset management firm, predicts that Bitcoin miners could unlock up to $38 billion in revenue by shifting 20% of their operations to artificial intelligence (AI) and high-performance computing (HPC). The firm believes miners […]
It could be a buy the rumor, sell the news situation with Bitcoin price and the Labor Department’s CPI report Wednesday morning. Spot Bitcoin on crypto exchanges did rise sharply Tuesday and rallied into Wednesday […]
The United States (US) government has recently moved a whopping 10,000 Bitcoin (BTC) seized from Silk Road, a notorious online black market platform. Over the years, the government has executed multiple large-scale Bitcoin transfers, strategically […]
On August 15, exchange-traded fund issuer Defiance ETFs announced the launch of MSTX, MicroStrategy’s first-ever leveraged single-stock ETF. This development followed approval from the US Securities and Exchange Commission (SEC). Designed to provide 175% long […]
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining companies, has bought approximately $249 million worth of Bitcoin. The purchase was funded by successfully closing a $300 million senior note offering. MARA […]
Bitcoin (BTC) price holds above $61,000 as US CPI inflation data falls to 2.9% in July, lower than expectations. CPI data measures price increases in consumer goods and services. After running stale for most of […]
On-chain analysis platform Arkham Intelligence sounded the alarm on Tuesday as $2 billion worth of Bitcoin connected to Mt. Gox moved from a blockchain address connected to crypto exchange BitGo. According to Arkham, a wallet […]
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