While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency.
Bitcoin is attempting to break higher this week — but plenty of hurdles stand in the way of bulls looking for a sustained BTC price rally.
Anduro has developed the RWA project Avant alongside tokenization platform Vertalo.
Bitcoin has produced huge returns, but there is some downside to consider.
Closely followed analyst Benjamin Cowen says that Bitcoin (BTC) will likely continue to outshine altcoins for the foreseeable future. In a new strategy session, Cowen takes a look at Ethereum in its Bitcoin pair (ETH/BTC), which is often used as a gauge for altcoin strength.
Bitcoin price in the last 24 hours has begun to show upward movements. The cryptocurrency's daily trading volume surged by 55.06% as per CMC data.
Bitcoin's price regained its footing by pushing toward $64,000 but it was meme coins that took center stage today.
The crypto market starts the week off strong, buoyed by better-than-expected U.S. economic indicators. Bitcoin, the driving force of the sector, has crossed the $64,000 mark, reaching unprecedented heights not seen in several months.
Bitcoin may reach $85K–$100K this quarter amid rising demand.
Samson Mow, vocal Bitcoin proponent and CEO at JAN3 company focused on helping nation-states to adopt BTC, shared his take on what is likely to happen to the world's largest cryptocurrency once the current month of “Uptober” ends.
Metaplanet continues to bet big on Bitcoin, further expanding its portfolio with an additional purchase on Monday.
Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin.
October 9 in particular is predicted to be a turning point for Bitcoin and the cryptocurrency market as a whole this coming week. The minutes of the most recent meeting on monetary policy by the Federal Reserve are scheduled to be released, and significant U.S. Economic indicators that will be released include the Producer Price Index (PPI), the unadjusted Consumer Price Index (CPI) annual rate for September and the quantity of initial jobless claims for the week ending Oct. 5.
Bitcoin is predicted to reach $100,000 by year-end due to a combination of historical patterns, macroeconomic factors, and increased institutional interest.
The United States alleges that a North Korean hacking group conducted a series of brazen heists, targeting both traditional financial institutions and the crypto space.
Bitcoin was largely impacted by Mt. Gox and Genesis creditor distributions that ran into about $13.5 billion.
Check out which are the best-performing meme coins today (October 7).
Bitcoin, the world's largest cryptocurrency, is making headlines again as its price nears the significant $63,000 mark. This surge comes alongside renewed enthusiasm from prominent Bitcoin advocate Michael Saylor, who recently took to the social media platform X to encourage followers to invest in what he describes as a vital “piece of cyberspace.
GoBTC Foundation supports innovative Layer 1 and Layer 2 projects to grow the Bitcoin onchain ecosystem. By providing investment, strategic guidance, and a platform for launching new tokens, this new foundation helps onchain projects accelerate growth and contribute to Bitcoin's future—one that may depend on onchain transactions more than we realize.
Crypto analyst Ash Crypto has outlined several reasons why the Bitcoin price is poised to reach $100,000 by the end of the year. This price level is one that other market experts like Standard Chartered have predicted that the flagship crypto could hit even before year-end.
With the Bitcoin (BTC) price hovering above the $63,000 level, cryptocurrency traders and investors are bracing for a potentially volatile week.
According to a recent research note by Greg Cipolaro, Global Head of Research at NYDIG, Bitcoin posted a modest 2.5% gain in the third quarter of 2024, bouncing back after a decline in Q2.
Bitcoin price is showing resilience, trading at $63,500 with a 1.2% gain on the day, supported above the $62,850 pivot level. As markets digest news of Kraken's new regulated derivatives platform in Bermuda and shifting investor sentiment in China, Bitcoin remains in focus.
Despite Bitcoin's recent strong performance and anticipation of new all-time highs, significant market dynamics are emerging.
Bitcoin (BTC) appears to be at a critical juncture as it eyes a potential rally toward $70,000. Recent data indicates an uptick in USDT borrowing among traders, suggesting that many are preparing to buy the dip as BTC navigates a series of price fluctuations.
With Bitcoin heading above the $63k mark after a bearish first week of October, the meme coins are scaling to new heights. Ignoring the chances of a World War, the crypto market seems to be preparing for its historic October rally.
A closely followed analyst who correctly called Bitcoin's pullback earlier this year is unveiling his most bearish scenario for BTC. In a video update, pseudonymous analyst Rekt Capital tells his 90,500 YouTube subscribers that he's keeping a close eye on Bitcoin's reaccumulation support at $60,000.
A busy week lies ahead on the United States economic calendar, with all eyes on key inflation data which could influence central bank policy decisions.
Bitcoin's wild price swings have intrigued investors and traders for over a decade. The first official exchange rate for the cryptocurrency was set on October 5, 2009, through the New Liberty Standard Exchange.
Bitcoin remains the top-performing asset of 2024, even after navigating a “seasonally weak” third quarter, according to a report from the New York Digital Investment Group (NYDIG).
Bitcoin's momentum appears to be weakening as long-term holders (LTHs) reduce their exposure.
Japanese budget hotel operator turned investment firm, Metaplanet, purchased $6.7 million worth of Bitcoin. This brings their total Bitcoin reserves to 639.50 BTC.
The Bitcoin market opened with a big green candle in the Asian market. BTC took a surge of 1.64% and hit the resistance zone under $64,000. The zone rejected the price and sent it back to $63,450 where it is trading at the time of writing.
Cryptocurrency Market Overview: The global cryptocurrency market has seen a notable rise, with the market cap at $2.21 trillion. The overall trading volume in the market has taken a hit, dropping by 39.57% to $51.79 billion.
Market activity over the weekend has been low, with trading volume dropping significantly from last week's peak of around $55 billion to about $12.4 billion. This low volume could lead to volatility in the coming days, especially with liquidity concentrated around key levels like $63,000 and $59,500.
Metaplanet, Japan's MicroStrategy, has purchased an additional 108.786 Bitcoin for roughly $6.7 million, according to a recent announcement by CEO Simon Gerovich.
The Japanese investment firm has scooped up more than 200 Bitcoin so far this month.
The Tokyo-listed firm purchased an additional 108.786 bitcoin, worth about $6.7 million at current market prices.
Bitcoin could be on the verge of reaching a new record high of over $74,000 this month, with several factors contributing to a bullish outlook for the largest cryptocurrency by market capitalization.
Bitcoin poised for gains as metrics and liquidity signal potential bullish trend.
Asia's MicroStrategy Metaplanet has continued with its Bitcoin buying spree week after week thereby increasing its stack to more than 639 Bitcoins following today's purchase. The Japanese firm announced a fresh investment of 1 billion Japanese Yen in the early trading hours on Monday, Asia market.
The crypto prices today have sparked investor optimism globally, gaining considerably after a volatile period of trading in the previous week. Bitcoin (BTC) price topped the $63K level today, whereas Ethereum (ETH), Solana (SOL), and XRP have mimicked an upward movement.
Memecoins have been one of the best-performing crypto sectors in the past year, buoyed by vibrant social communities and attention in the market.
Metaplanet Inc. (Tokyo:3350), a Japanese long-standing company that deals with hotel asset management and operations, announced earlier today that it had acquired an additional 108.786 Bitcoins, for about $6.7 million at an average price of around 61.9k. As a result, the company now holds a total of 639.503 Bitcoins, worth approximately $40.5 million.
Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news from the past week. In this issue, El Salvador's President Nayib Bukele meets with President Milei in Argentina, offering bitcoin advice to the Senate, and Uruguay passes a cryptocurrency law after over two years of discussion.
Japanese investment firm Metaplanet declared Monday that it added another 108.78 Bitcoin to its portfolio for 1 billion yen ($6.7m).
Saylor Academy, a non-profit organization providing free and open online education material, introduced a new AI-powered course, “What is Money?” to help students grasp the philosophical aspects of the Bitcoin (CRYPTO: BTC) ecosystem.