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Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions…
Market instability and economic concerns are driving uncertainty in crypto investments, highlighting the vulnerability of risk assets to macroeconomic factors. The post Bitcoin sinks under $60,000 as $157 million in…
U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $31.38 million during the trading sessions. Blackrock’s…
The exaggerated fears of a Mt. Gox Bitcoin sell-off highlight the market's sensitivity to perceived threats, despite minimal actual impact. The post Mt. Gox Bitcoin sell-off fears are exaggerated: CoinShares…
Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and…
An IPO for Genesis Digital Assets could bolster its expansion and offer public investors a stake in the evolving Bitcoin mining industry. The post Bitcoin miner Genesis Digital Assets explores…
Cipher Mining's growth in Bitcoin holdings and operational capacity highlights the increasing influence and scale of institutional-backed crypto mining. The post BlackRock-backed Cipher Mining mines 176 Bitcoin in June, holds…
Historical economic trends suggest Bitcoin is fated for another massive leg up this market cycle, according to BitMEX co-founder Arthur Hayes. While Bitcoin has traded mostly flat over the past…
Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory…
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable…