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The ‘Uptober’ Effect: Why Analysts Are Bullish on Bitcoin’s Price in October

Bitcoin (BTC) is on track for a third consecutive “green” September, a trend that has historically set the stage for a “double-digit” October rally. With gains for the month currently…

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Bitcoin Risks Becoming a Settlement Layer With Nothing to Settle: Galaxy Sounds Alarm

Bitcoin’s fee market has entered an unusual phase, raising questions about the fate of the fees and their implications for the network’s economic security. Since the decline in non-monetary activity…

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Bitcoin Miner Riot Platforms Achieves $109.4M Profit, Reversing 2023 Loss

Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions.…

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Bitcoin (BTC) Plunges to $90,600 Amid Declining Whale Activity: What’s Next?

Bitcoin began the week with a significant slump, briefly falling below $90,600 to its lowest figure since November. Over the past day, the cryptocurrency declined by almost 4%, extending its…

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Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can be attributed…

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Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach

Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading…

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Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review

Data highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial analyst Vladislav Antonov projected growth for the Hamster Kombat token post-airdrop.…

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Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low…

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4 Reasons to be Bullish on Bitcoin in 2024 (Opinion)

2024 has so far been quite eventful for Bitcoin (BTC), whose price is currently hovering around $58,500, or up 40% year-to-date (YTD).  The most successful period for the primary cryptocurrency…

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