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Will Bitcoin Plummet Below $30K or Are the Bulls Staging a Recovery? (BTC Price Analysis)

After the recent surge in Bitcoin’s price and the successful breakout above the significant $30K resistance level, the market is now undergoing a period of consolidation. However, noteworthy signals are…

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Marathon Digital Mined 21% Less BTC in June due to Extreme Weather Conditions in Texas

One of the leading cryptocurrency mining companies – Marathon Digital – produced 979 BTC in June, 21% less than the 1,245 BTC mined in May. As of the end of…

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Arthur Hayes Says Bitcoin Will be the Chosen AI Currency

Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, believes bitcoin (BTC) will be chosen by artificial intelligence (AI) as the currency for their economic activities in the…

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BlackRock’s BTC ETF Filing Could ‘Democratize Crypto,’ CEO Larry Fink Says

Larry Fink – Chief Executive Officer of BlackRock – raised hopes that his company’s recent filing to launch a spot Bitcoin exchange-traded fund (ETF) in the USA could make investing…

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Bitcoin Options Contracts Open Interest Surges Following ETF Filings

Professional traders are flocking back to Bitcoin funds in the wake of multiple applications for exchange-traded funds by leading asset managers. As a result, open interest (OI) for options contracts…

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Here’s How Much of BTC’s Circulating Supply Is Owned by Long-Term Holders: Data

According to data provided by Glassnode, long-term holders currently hold almost 14.5M bitcoin (BTC). LTHs have been on a gradual accumulation spree in the past year and a half despite…

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On-Chain Metrics and Investor Behavior Suggest Signs of a Bull Run: Bitfinex Report

A new report by the cryptocurrency exchange Bitfinex revealed that the latest on-chain metrics and investor behavior suggest the crypto market may be ready for the next bull run. In…

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