Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps
On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin experienced a 2.5% drop this past week,…
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Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and…
75% of circulating Bitcoin hasn’t been moved for six months: Glassnode
The high percentage of dormant Bitcoin could lead to price volatility, with potential for both upward pressure and panic selling among investors. The post 75% of circulating Bitcoin hasn’t been…
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17,…
Indian Authority Arrests Man in Crypto Extortion Case
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144…
Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’
Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen,…
Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuant
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to…
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow…
Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking
After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4 billion, it turns out the firm’s bitcoin (BTC) holdings have gained 61% profit.…
New Inflation Read Signals Fed Rate Cut in Tailwind for Bitcoin’s Price
It could be a buy the rumor, sell the news situation with Bitcoin price and the Labor Department’s CPI report Wednesday morning. Spot Bitcoin on crypto exchanges did rise sharply…
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