[ad_1] Bitcoin (BTC) miners Marathon Digital and Riot Platforms have doubled their hash rate since June 2023 amid various degrees of change at other firms. On July 3, Marathon reported an average operational hash rate of 26.3 exahashes per second (EH/s) in June, representing a 102% yearly increase from 13.0 EH/s. The change also marks […]
[ad_1] Bitcoin has dropped to as low as $58,000 in the last 24 hours, having failed to once again hold above the crucial support at $60,000. Different analysts have suggested that the CME gap caused this price decline and that BTC could enjoy a relief bounce going forward. The CME Gap Caused Bitcoin To Decline […]
[ad_1] Retail investors are showing remarkable confidence by buying the dip despite a significant sell-off by a prominent crypto whale. The recent transactions have stirred up the Bitcoin and crypto markets, particularly influencing the market’s short-term trajectory. Early Thursday in Asian trading hours, Bitcoin’s price plummeted to $57,800, marking a two-month low. Despite this drop, […]
[ad_1] Treasure Tapper, a popular game under the Gala Games ecosystem, has introduced an appealing new feature designed to boost user engagement and reward loyalty. The new Daily Reward feature allows players to claim coins every day, enhancing the overall gaming experience, according to Gala News. Daily Rewards: A New […]
[ad_1] Tracking and analyzing transfer volumes is crucial for understanding the underlying economic activity within the Bitcoin network. Spikes in transfer volumes show heightened market participation, either from new entrants and institutional investors — usually during bull runs — or significant transactions by existing participants — usually during downturns. While spikes in transfer volumes usually […]
[ad_1] Bitcoin is facing significant headwinds as the US Federal Reserve maintains a stringent approach to controlling inflation. On Tuesday, July 2, Federal Reserve Chairman Jerome Powell conveyed cautious optimism about recent inflation data but reiterated the need for sustained improvement before considering rate cuts. The recent readings suggest the market is back on a […]
[ad_1] Europe’s largest Bitcoin miner, Northern Data AG, has announced plans for a substantial initial public offering (IPO) in the US at a valuation between $10 billion and $16 billion. The IPO, which will be held on the Nasdaq stock exchange, is scheduled for the first half of 2025 and may also include selling a […]
[ad_1] With Bitcoin trading sideways over the past few months, traders are waiting for their signal to re-enter the market before crypto reclaims its bullish momentum from earlier this year. In a Wednesday memo, an analyst from CryptoQuant highlighted one signal worth looking at: stablecoin liquidity. Stablecoins: The Key To Driving Bitcoin Higher “The bottom […]
[ad_1] In the latest edition of Capriole Investments’ “Bitcoin Update,” Charles Edwards, founder and CEO, examines the current state of Bitcoin through a detailed analysis of thirteen on-chain indicators to address the critical question: Is the Bitcoin cycle top in? A month after a promising technical breakout above $65.5K, which briefly touched $70K, Bitcoin experienced […]
[ad_1] Sui’s inaugural global hackathon, the Sui Overflow Hackathon, has successfully concluded with 32 winners emerging from an impressive pool of 352 project submissions, according to The Sui Blog. The hackathon ran from April 21 to June 21, 2024, with participants showcasing their projects to a panel of 47 judges […]
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