The crypto community on X (Twitter) was baffled recently after an anonymous Bitcoin user paid a whopping 19.89 BTC (over $500,000) in transaction fees to move just 0.074 BTC (worth less than $2,000 at current […]
Bitcoin (BTC) traded in a narrow range this week and is on target to form the third consecutive Doji candlestick pattern on the weekly chart. The cryptocurrency markets did not receive any support from the […]
K33 Research anticipates that spot Bitcoin exchange-traded funds (ETFs) will draw over 30,000 BTC within their first 10 trading days, worth nearly $1 billion. This capital influx could elevate the price of Bitcoin beyond $42,000 […]
Blockchain analytics firm Arkham Intelligence has found that on-chain wallets tied to the Grayscale Bitcoin Trust (GBTC) hold more than $16 billion in BTC. In a recent tweet, the crypto data tracking platform said that […]
Bitcoin (BTC) price started September negatively, swinging below $26,000 again on Friday. However, a critical on-chain indicator reveals growing bullish pressure from US-based whale investors. The US Federal Reserve is set to announce fresh Interest […]
On Sept. 8, technical analyst “CryptoCon” proposed a Bitcoin halving market cycle theory based around November 28. The analyst said that the model exists from the beginning of Bitcoin price history, which is mid-July 2010. […]
Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which […]
ERCOT, the Texan energy grid operator, has long had an informal relationship with crypto mining companies in the state. Since crypto mining companies often consume enormous amounts of electricity to power their activities, ERCOT opted […]
Bitcoin miner Riot Platforms mined fewer Bitcoin in August than July but received over $31 million in power credits. That is the equivalent of around 1,136 Bitcoin (BTC), CEO Jason Les pointed out in a statement. […]
Bitcoin has long been the bellwether in the cryptocurrency market, guiding sentiment and market dynamics. But recent metrics reveal an unsettling trend. Indeed, the pioneer digital currency appears to be losing its allure. Analyzing market […]
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