Hashrate recovery reduces Bitcoin miners selling pressure in July
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners reserves.
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Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners reserves.
Despite having a lesser sales volume, NFTs showed a 73% increase in transactions recorded in July.
Bitcoins bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level.
Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022.
The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
Bitcoin has reached a new high of $101.7K as bills for the US Strategic Reserve become law, signaling an acceleration in BTC mass adoption. The recent surge in Bitcoin’s value can be attributed to the passing of bills related to the US Strategic Reserve, which have now become law. This development has not only boosted [...]
Ethereum is edging closer to a crucial Bitcoin price threshold that could result in significant gains, as seen in the past. With a potential 450% increase on the horizon, investors are eagerly watching the market dynamics unfold. The current trend in Ethereum’s price movements indicates a promising outlook for the cryptocurrency’s value. As it approaches [...]
Bitcoin mining institutions are on the rise, with significant boosts in investments observed. These institutions play a crucial role in the cryptocurrency industry by contributing to the security and efficiency of the Bitcoin network. In recent years, we have seen a surge in institutional interest in Bitcoin mining. This trend is driven by various factors, [...]
Bitcoin hodlers are currently sitting on unrealized profits nearing $350 million as the cryptocurrency’s price hovers around $100,000. This milestone has sparked concerns of a potential sell-off among investors. The term “hodler” originated in the crypto community and refers to individuals who hold onto their digital assets for the long term, despite price fluctuations. These [...]
Saifedean Ammous Allocates Resources to Combat Bitcoin Spam Renowned Bitcoin advocate Saifedean Ammous has pledged funds to support developers in their efforts to combat the rising issue of Bitcoin spam. With the increasing popularity of Bitcoin, the network has been facing challenges from spam transactions that clog up the blockchain and hinder its efficiency. Ammous, [...]
In light of recent security concerns and attacks targeting French crypto entrepreneurs and their families, additional measures are being implemented to enhance their safety. The growing popularity of cryptocurrencies has brought about an increased risk of cyberattacks and physical threats, prompting authorities to take action to protect those involved in the crypto industry. The French [...]
Bitcoin’s chances of breaking out to new all-time highs are increasing as the cryptocurrency market continues its upward momentum. With the potential for prices to reach $90,000, investors are optimistic but should also be cautious of potential dips in the market. The recent surge in Bitcoin’s price has resulted in renewed interest from traders and [...]
Pi has finally risen past the $1 mark for the first time in nearly two months. In the last few days, the price of Pi has significantly increased, with the price reaching a 68.12% increase. Within a few days, the price moved up from about $0.59 to nearly $0.99, and today it has broken past […]
Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete.
Bitcoin Price Volatility Looming as Speculators Transfer 170,000 BTC, CryptoQuant Data Shows Bitcoin’s price is poised for turbulence as speculators shift a significant amount of 170,000 BTC, according to recent data from CryptoQuant. This movement suggests that traders are positioning themselves for potential market swings. The cryptocurrency market has been experiencing heightened volatility in recent [...]
The post Bitcoin Price Volatility Expected to Increase Soon as Speculators Transfer 170K BTC, Reports CryptoQuant appeared first on Crypto Breaking News.
Upon reading the recent news on Cointelegraph, it has come to light that the founder of Mechanism Capital has decided to increase their Bitcoin position substantially. To be exact, they have doubled their Bitcoin holdings, resulting in a $200 million long position. This move demonstrates their strong belief in the potential growth and stability of [...]
The post Mechanism Capital Founder Increases Bitcoin Position to $200M in Bold Move appeared first on Crypto Breaking News.
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining Difficulty Jumps 3.4% Higher Data reveals that around 373 exahash per [...]
The post Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion appeared first on Crypto Breaking News.
This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once consistently taking the second spot week after week in the NFT sales ranking, Bitcoin-based [...]
The post Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide appeared first on Crypto Breaking News.
The GameFi ecosystem has become one of the most important in the cryptocurrency space. Alongside DeFi and the Metaverse, GameFi projects have grown in popularity. Axie Infinity and ApeCoin are some of the most popular tokens in the GameFi space. With thousands of gamers, these projects are leaders in the GameFi ecosystem, and each has …
<p>The post Axie Infinity and ApeCoin to record modest price increase while Metacade hits new all-time high first appeared on CCNC | Cryptocurrency Newscast.</p>
The price of Solana has experienced a significant 29% decline due to a surge in liquidity worth $202.5 million in the U.S. crypto stockpile. This sudden drop in Solana’s price has left many investors puzzled and concerned about the future of this cryptocurrency. The unexpected increase in liquidity in the U.S. crypto stockpile has created [...]
The post Solana’s Price Plummets by 29% in 2025 Despite Increased Liquidity and US Crypto Stockpile Integration appeared first on Crypto Breaking News.
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