Bitcoin revenue per terahash nears record lows as hashrate soars

Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022, while hash rate has reached new highs...

Bitcoin Flashing Signals of Being Calm Before the Storm; Analyst Predicts a Volatile Week Ahead!

As expected, the weekend trade failed to generate curiosity among the market participants as the prices of the majority of the tokens remained unchanged. After the recent drop, the traders, rather tha...

Bitcoin Cash Price Could Restart Increase To $250 If It Breaks This Resistance

Bitcoin Cash price recovered from the $160 zone against the US Dollar. BCH might aim a fresh rally toward the $240 and $250 levels. Bitcoin cash price is consolidating above the $180 level against the...

Exchange Bitcoin And Ethereum Balances Both Falls To 5-year Lows

Key Points: Bitcoin and Ethereum exchange balances hit a 5-year low, signaling stability amid market turbulence. Exchange balances impact liquidity and price volatility; higher balances mean active tr...

Bitcoin Bears Have A Stronger Grip Now, BTC Price Fall Is Coming

Over the last week, the Bitcoin (BTC) price has remained stable holding its neck just above the $26,000 level keeping investors confused about where it is moving next. As of now, some of the on-chain ...

Bitcoin Price Relatively Muted, What Are Chances of Recovery?

Bitcoin price is stuck in a tiny range above the $25,900 support.  BTC could start a decent increase if there is a close above $26,200 and then $26,500. Bitcoin is struggling to clear the $26,500 resi...

Global energy production and Bitcoin

This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author. The topic of energy consumption, as it is associated with digital currency, has been a ...

Bitcoin accumulation sees slowdown amid August market downturn

Quick Take The Accumulation Trend Score, created by Glassnode, offers a detailed breakdown of the cryptocurrency acquisition behavior of different entity wallet cohorts. The algorithm calculates this ...

Why Bitcoin holders are staying strong right now

Bitcoin, the ever-volatile financial force, remains a testament to resilience. No matter how harsh the economic winds blow, its die-hard enthusiasts stand their ground. Here’s a deep dive into why the...

Francis Suarez and the Bitcoin Evolution: A New Wave in Politics

Miami Mayor Francis Suarez is ushering in an era where politics and digital currencies intertwine. His game-changing proclamation: a readiness to take Bitcoin as part of his potential presidential ear...

Weekly Analysis: BTC, ETH, BNB, DOGE, SOL, ADA

Bears and bulls have struggled for dominance this week, with several cryptos posting gains while others tumbled. Bitcoin (BTC) has seen some bull activity this week, recording a weekly increase of 0.3...

Bitcoin Is Likely to Chop Around $25,000 This Quarter, Says Arthur Hayes ⋆ ZyCrypto

Advertisement &nbsp &nbsp Renowned cryptocurrency expert Arthur Hayes has weighed in on the current state of Bitcoin, predicting a period of consolidation around the $25,000 mark in the coming...

Trader Who Rode 2023 Crypto Rally Warns of Fake Bitcoin Breakout if ETF Gets Approved – Here’s His Outlook

A trader who caught the crypto rally earlier this year is warning that Bitcoin bulls could be victims of a trap if a spot-based BTC exchange-traded fund (ETF) gets the green light from regulators. In ...

Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT

Bitcoin (BTC) has gone silent over the weekend. CryptoQuant CEO Ki Young Ju said in a recent post on X (formerly Twitter) that Bitcoin’s velocity has declined to a 3-year low. He said this could eithe...

Hashdex joins fray, seeks spot Bitcoin ETF on heels of Grayscale setback

Crypto asset manager Hashdex has ignited excitement by submitting an application to the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin ETF. The filing outlines that the Hashdex Bitco...

Bitcoin Price Analysis: Magnetic 26006 Level – 28 August 2023

Bitcoin Price Analysis:  Magnetic 26006 Level – 28 August 2023 Bitcoin (BTC/USD) sought fresh technical guidance early in the Asian session as the pair continued to trade around the 26006 area, repres...

Crypto funding: $24M week for bitcoin miner, crypto lending platform

Five crypto or blockchain-based firms raised a total of $24 million this week, with bitcoin mining and crypto lending attracting the most attention and capital. Utah-based bitcoin miner Nodal Power, w...

Will BTC Price Regain $28000 Before August End?

Under the influence of a falling channel pattern, the BTC price may see a minor pullback in the near term. Published 38 mins ago After the massive dump on August 17th, the largest cryptocurrency Bitco...

Solo Miner Receives $160,000 Bitcoin Block Reward, Learn How You Can Mine BTCS With Your Phone

According to recent reports, a solo miner has received the full 6.25 Bitcoin reward after solving block 803,821. In addition, the rewards average to $160,000. The miner was utilizing a solo Ckpool min...

Jump Crypto Ranks Third in Bitcoin Holdings, Trailing Only Binance and Bitfinex

Recent data from Arkham indicates that the third-largest Bitcoin holder’s address bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 is controlled by market maker Jump Trading and is stored on the Robin...

Analysts: BlackRock Won’t Pave the Way for More BTC ETFs

BlackRock has submitted its new application for a bitcoin-based exchange-traded fund (ETF). After an initial send-back, the documentation is in, and the Securities and Exchange Commission (SEC) has co...

Worst of Recent Bitcoin (BTC) Correction Largely Behind Us, Says Banking Giant JPMorgan: Report

Analysts from JPMorgan say that Bitcoin (BTC) currently has “limited downside” following the correction that took the king crypto to the $25,000 level. In a research report seen by Bloomberg, Nikolaos...

I asked ChatGPT to foretell Bitcoin’s price in 2024, its prediction is beyond imagination

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Apart from Bitcoin’s [BTC] price decline, there h...

Bitcoin woes continue amid waning transactions, slumping fees

Due to a steady decrease in daily transactions on the Bitcoin network, network fees dropped by over 15% in the last seven days. With strong resistance faced at $26,000, BTC accumulation has decreased....

Bitcoin vs NASDAQ: Are Bitcoin and NASDAQ Playing the Same Game?

The world of finance has seen various asset classes rise and fall, with each having its own unique story to tell. Over the past decade, Bitcoin, the world’s premier cryptocurrency, has garnered immens...

Bitcoin: Why you need to be prepared for wild price swings

A whopping 80% of BTC’s circulating supply was illiquid. The addresses holding at least 1,000 tokens ripped to a 1-month peak. Once thought of as a high-risk high-return investment, the sentiment arou...

BlackRock Emerges as 2nd Major Investor in Bitcoin Mining Companies!

Crypto Live News Author: Mustafa Mulla Aug 27, 2023 17:37 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech ...

BTC Must Hold this Level, Otherwise $25K Breakdown is Likely (Bitcoin Price Analysis)

Bitcoin’s price shows a very low intent to recover following the recent drop last week. Things are not looking positive in the short term. Technical Analysis By Edris The Daily Chart On the daily char...

Bitcoin Transaction Fees Plunge 15% This Week Amid Slower Activity

Alex Dovbnya Bitcoin transaction fees have plummeted over 15% this week to $3.3 million, according to analytics firm IntoTheBlock Bitcoin transaction fees have seen a significant reduction this week, ...

Arthur Hayes Says Larry Fink and BlackRock Coming for Bitcoin and Crypto Industry – Here’s How

BitMEX founder Arthur Hayes says that the giants of traditional finance (TradFi) are planning a subtle takeover of the Bitcoin (BTC) and crypto industries. In a new blog post, Hayes says that there is...

Bitcoin to hit $50,000 by the end of 2023 if this pattern is repeated

As Bitcoin’s (BTC) price continues to grapple with uncertainty regarding its next movement, the market remains uncertain whether the asset will experience an upward or downward momentum. Amidst this u...

Assessing the odds of Bitcoin prices taking a U-turn soon

Bitcoin’s exchange inflow volume reached a one-month low. Whale confidence in BTC was high, while open interest registered a decline. After a price correction a few days ago, Bitcoin’s [BTC] price cho...