[ad_1] Bitcoin (BTC) has started the week on a down note, trading within the $58,000 range after briefly surpassing $60,000. Analysts warn that conditions might worsen before improving, especially with the presence of a reversal zone that could influence price movement. Additionally, the crypto markets are anticipating key events this month, which could lead to […]
[ad_1] Data from bitcoin (BTC) on-chain analysis platform Bitbo shows that miners of the largest cryptocurrency suffered their worst month in nearly a year in terms of revenue generation. According to figures available on the dashboard, BTC mining activities secured $827 million in August, a more than 10% decrease from July’s $927.35 million. Transaction Fees […]
[ad_1] Bitcoin is currently experiencing volatile and uncertain price action, with the latest 10% correction raising concerns among investors. While this decline is smaller than the 30% retracements seen in recent months, it is causing significantly more damage to market sentiment as investors grow increasingly weary of the ongoing market dynamics. The general mood is […]
[ad_1] Bitcoin investors are bracing for September, historically the worst month for the cryptocurrency’s price. Digital assets platform Matrixport has issued a warning, suggesting Bitcoin could see further declines this month due to various looming risk factors. Matrixport highlighted that Bitcoin faces additional pressure this year, which could impact its price. In its Matrix on […]
[ad_1] The old Twitter joke about laser-eyed Bitcoin maxis being “psychopaths” may be more than just a meme. Yet another peer-reviewed study has found that crypto holders are more likely to exhibit “dark tetrad” personality characteristics than the general population, among other quirks. Are Bitcoin Holders Really Psychos? Published July 3, researchers from the University […]
[ad_1] Dell Technologies’ Q2 2024 earnings results had the crypto industry on the edge of its seat, anticipating the company might become the latest to add Bitcoin (BTC) to its balance sheet. No Bitcoin Purchases For Dell Yet Despite CEO Michael Dell’s cryptic posts on social media platform X highlighting Bitcoin’s digital scarcity, Dell Technologies […]
[ad_1] President Nayib Bukele’s bold initiative to introduce Bitcoin as legal tender in El Salvador has been a focal point globally, yet the adoption hasn’t reached the expected heights. Bukele shared his nuanced perspective on the country’s digital currency journey in an interview. Although Bitcoin is regularly used by Salvadorans and businesses, overall adoption has […]
[ad_1] The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its base blockchain. According to a press release shared with CryptoPotato, Stacks began the Nakamoto Activation Sequence on August 28. The process has four key steps, including the final code delivery, Cycle 92; the upgrade […]
[ad_1] BitMex founder Arthur Hayes says rate cuts are not enough to help Bitcoin (BTC) regain its footing as the pioneer cryptocurrency struggles below the psychological level of $60,000. The influence of US macroeconomics on Bitcoin has resurfaced, with crypto responding to developments from policymakers. Bitcoin Would Need More Than Just Rate Cuts Arthur Hayes […]
[ad_1] BitMEX co-founder Arthur Hayes recently published an article titled “Sugar High,” highlighting the short-term effects of the Federal Reserve’s potential interest rate cut. Hayes also emphasized that assets like Bitcoin will likely benefit from a liquid global financial market that may come from inflation. Japanese Yen Could Disrupt U.S. Financial Market In a keynote […]
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