South Korea’s Bitcoin Premium Persists Amid Market Volatility
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but…
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It Happened Again: Crypto Holders Are More Likely to Be Psychopaths, Study Finds
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…
Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip
While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%,…
Bitcoin Demand in the US is Increasing, But There’s a Catch
The demand for bitcoin (BTC) in the United States has been increasing following Federal Reserve chair Jerome Powell’s comments at last week’s Jackson Hole symposium. However, this increase has not…
This Is How Bitcoin (BTC) Could Resume its Bull Run and Chart New ATH
It’s safe to say that the highly-anticipated 2024 bitcoin bull run is not going as planned, even though the asset managed to break its 2021 all-time high early on. However,…
PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed…
Bitcoin’s Hash Price Is at All-Time Low: Here’s Why That’s Good News
The Bitcoin hash price, a metric measuring miner revenue per terahash or computing power, has fallen to its lowest level ever. According to recent data, this is a sign of…
Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped…
BlackRock reports second day of outflows since January debut
Continued outflows from Bitcoin ETFs could signal waning investor confidence, potentially impacting broader cryptocurrency market stability. The post BlackRock reports second day of outflows since January debut appeared first on…
Bitcoin L2 Stacks Implements Nakamoto Upgrade for Enhanced Network Functionality
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,…
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