Category: Bitcoin

Recent data published by Hashrateindex indicates that the United Arab Emirates (UAE) is carving out market share from the global bitcoin mining sector. This development can be attributed to the their ...

On-chain data from Glassnode shows that Bitcoin short-term holders are currently realizing 55.6 times as many profits as losses. Bitcoin Short-Term Holders Continue To Take Profits According to data f...

According to Coin Metrics’ State of the Network report for Q2 2023, there has been a notable reduction in the 90-day correlation between the cryptocurrency market and equities represented by the S&...

As of right now, there’s still no spot bitcoin ETF trading in the U.S., but BlackRock’s filing a few weeks ago signaled to the industry that the time may be coming when that changes. Over the pa...

Prominent Bitcoin mining company Marathon Digital Holdings has published its Bitcoin production and mining operation update for June 2023. In the report released yesterday, Marathon revealed that its ...

Bitcoin (BTC) continued snap volatility after the July 6 Wall Street open as yearly highs gave way to a comedown. BTC/USD 1-hour chart. Source: TradingView Bitcoin suddenly falls to new July lows Data...

Bitcoin charted a new 13-month high at precisely $31,500 earlier today but was sharply rejected at that point and pushed down hard by $1,500. This has resulted in a lot of pain for over-leveraged long...

In the wake of some bearish trading sessions, Bitcoin has once again showcased its stability, despite a recent dip. This decline came on the heels of a robust ADP report that has increased the likelih...

After mild-bearish pressure, Bitcoin’s (BTC) price soared above $31,000 on Thursday. On-chain data suggests Blackrock CEO Larry Fink’s recent positive comments triggered the bullish market movement. C...

The UAE recently opened the biggest nuclear power plant in the Arab world, with a total capacity of 4 gigawatts, and is gearing up for expansion later this year. The United Arab Emirates (UAE) is esta...

ZEBEDEE, a FinTech and payments processor, has partnered with Beamable to simplify the integration of bitcoin transactions into gaming. This collaboration aims to remove the need for a server or syste...

Bitcoin (BTC) miners sold a significant amount of their mined Bitcoin in June to fund their operations, according to Glassnode data analyzed by CryptoSlate. According to the chart below, miners’ excha...

Key Takeaways The Grayscale Bitcoin Trust (GBTC) has persistently traded at a discount to its net asset value The discount has narrowed to its lowest mark since September off hope the fund is more lik...

BlackRock, Fidelity Investments, and several other applicants for spot Bitcoin ETFs are scheduled to hold a meeting with the United States Securities and Exchange Commission (SEC). This meeting follow...

The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin. Bitcoin (BTC), the largest cryptocurrency by market cap, has h...

The ADP report surprised markets in a big way to the upside, showing 497,000 private-sector jobs added in June, more than double the consensus forecast for 220,000. The data overshadowed a report by t...

Glassnode’s co-founder, who goes by the name “Negentropic” on Twitter, hints that Bitcoin might be building the basis for a move toward $34,000. In a new tweet, “Negentropic...

Bitcoin mining has experienced a very profitable second quarter in 2023, this phenomenon is also due to the increase in hashrate which has fostered a significant increase in competition.  Reaching as ...

Table of contents Bitcoin analyst warns of short-term pullback as derivatives traders stay the course Although bitcoin bulls are rushing past the range’s highest point, there is already a possib...

Many traders and technicians closely follow the well-known “Golden Cross” moving average crossover in key liquid markets such as Bitcoin, Gold, and the Nasdaq 100 Index among others. Today, however, w...

Bitcoin (BTC) rallied to a new 13-month high above $31,500 early Thursday morning before a pullback to the current $31,100, up more than 2% for the day. The world’s largest cryptocurrency by market va...

Yesterday, the co-founder and CEO of Binance, Changpeng CZ Zhao, participated in an AMA (Ask Me Anything) session on Twitter, in which he revealed his prediction on the price of Bitcoin.  In answering...

It was recently the 4th of July, aka Independence Day, in America, and let this serve as just another reminder of the independence that users can gain by incorporating digital currency into their live...

Jul 06, 2023 at 09:30 // Price Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price has remained above $30,000 support but below $31,500 resistance. Bitcoin price long term forecast: bu...

On-chain data shows that the Bitcoin exchange supply has only continued to decline despite the recent rally that the asset has observed. Bitcoin Exchange Supply Continues To Register Net Decline Accor...

Bitcoin News Bitcoin reached a 13-month high on Thursday.  BTC witnessed a 2.39% increase in value over the past 24 hours. Bitcoin, the leading cryptocurrency, achieved a trading rate of $31,500 on Ju...

Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry. BlackRock CEO Larry Fink on We...

The average network efficiency of Bitcoin mining has improved due to the advancements in mining equipment. The share of renewable and cleaner sources like hydropower solar and wind have gone up consid...

The world’s largest crypto exchange Binance to retire selected deposit addresses and memos in batches by networks in Q3. It is part of upgrading its wallet infrastructure to ensure better efficiency a...

The United Arab Emirates has been emerging as a BTC mining hub. The BTC mining expert Jaran Mellerud stated that UAE’s partnerships with mining firms have contributed to its development as a mining hu...