In an interesting turn of events, the Bitcoin open interest has remained high even at a time when the price has been dropping. This suggests that despite the price crash, investors are still looking favorably […]
Today, the American software and business intelligence firm MicroStrategy recently announced its substantial acquisition of Bitcoin (BTC). Between April 27 and June 19, 2024, the company bought 11,931 BTC at $65,883 per Bitcoin, totaling $786 […]
TL;DR Bitcoin’s price has dropped over 8% in the past two weeks to around $65,200, but analysts expect a rebound to $72,000-$74,000 and potentially above $100,000 by late 2024. High BTC open interest and negative […]
Thanks to the summer heatwaves in North America, Bitcoin miners may begin to record a considerable increase in their revenue. This extreme weather condition is also expected to significantly impact Bitcoin’s hash rate. Bitcoin Miners […]
Today, Auradine, a Silicon Valley-based Bitcoin miner manufacturer, has strategically partnered with virtual power plant providers CPower and Voltus. The collaboration aims to enhance energy demand response and grid stability using Auradine’s EnergyTune technology. This […]
TL;DR Drake suffered a substantial crypto loss after betting on the Dallas Mavericks to win the NBA finals. Additionally, he placed another $500,000 BTC bet on the Edmonton Oilers to win the NHL Stanley Cup […]
The bitcoin market has been chilly during the last two weeks. The uncontested ruler of the cryptocurrency world, Bitcoin, has taken the brunt of the cold., experiencing its worst weekly outflow in three months at […]
BlackRock CEO Larry Fink recently addressed the Group of Seven (G7) leaders. He highlighted a significant shift in the global financial system. Fink emphasized the growing role of capital markets as the primary source of […]
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling from mining entities. In the […]
On-chain data shows that the Bitcoin taker buy/sell ratio has experienced a significant surge on a particular crypto exchange. Here’s how it could impact the price of the premier cryptocurrency. Bitcoin Investors Buying The Dip […]
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