On-chain analytics firm Glassnode reported that the Bitcoin market remains in a prolonged consolidation phase, resembling the period from late 2019 to early 2020. Since the historical peak in March, capital inflows into the Bitcoin network have slowed, posing challenges to short-term holders’ profitability. However, despite experiencing localized n
In September, Bitcoin mining output reached 493 BTC, with 2.5 BTC sold
CleanSpark, a Nasdaq-listed Bitcoin mining company, has released its unaudited Bitcoin mining and operations report for the month ending September 30, 2024. The report revealed that CleanSpark mined 493 BTC in September, bringing its total Bitcoin holdings to 8,049 BTC as of September 30. This includes 7,098 BTC mined during the fiscal year 2024. A
Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows
Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on vari
POPCAT Surges Past $1.0094 All-Time High – What’s The Next Price Target?
POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, prompting a re-evaluation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying
LEGO removes crypto scam from homepage after being hacked: Report
The “LEGO Coin” token appeared on the toy manufacturer’s homepage for roughly 75 minutes before being taken down, onlookers said.
Bitcoin Investors Show Fear – Could A Price Bottom Be Imminent?
In contrast to popular bullish sentiments, Bitcoin began October on a bearish note, recording a price decline of over 7% in the first three days of the month. However, while the BTC market experienced an uptick on Friday as data from the US Labor Department indicated incoming rate cuts, investors have generally retained a cautionary […]
Tornado Cash At Center Of $287 Million Laundered In Q3: High-Profile Anomalies Exposed
The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified as its co-founders face serious allegations of facilitating money laundering on a massive scale. Roman Storm and Roman Semenov have been charged by the US Department of Justice (DOJ) with running a facility purportedly aiding in the laundering of over
Crypto Analyst Predicts Bitcoin Price Will Hit New All-Time High If It Breaks This Level
Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social […]
Staying Positioned For 200x Gains: A Guide To Participating In WallitIQ’s Crypto Presale Whitelist
Crypto wallets are a point of introduction to the decentralized blockchain world, but they are usually not the simplest applications to use, especially for new crypto users. Over the past several years, crypto wallets have gotten complicated, making the user experience even more tedious for the average Joe. WallitIQ (WLTQ) promises a smart wallet w
Bitcoin Set To Rally As Analysts Back 25Bps Cut By Fed – Details
The price of Bitcoin (BTC) experienced a steep decline in the past week, falling as low as $60,000 based on data from CoinMarketCap. However, the BTC market has made some recovery in the last day in line with positive jobs data news from the US. Diving into this development, financial industry analysts at Kobeissi have […]