Virtuals Protocol (VIRTUAL) has emerged as a market favorite, demonstrating robust fundamentals that drive its bullish momentum. Since October, VIRTUAL has been on an upward trajectory, recovering from its all-time low of $0.02 in July. The token has recorded a staggering 13,973% growth from its bottom, reflecting investor confidence and market adoption. 🚨🚨 Virtual Made […]
The Bitcoin network reached a significant technical achievement on January 3, 2025, as its hashrate—the total computing power securing the network—briefly touched 1,000 exahashes per second (EH/s). This marks a dramatic increase from just one year ago, when the network operated at around 510 EH/s. The increased hashrate shows Bitcoin miners are adding more computing […]
BTCUSD (Bitcoin) Bullish Fluctuations as Market Consolidates BTCUSD buyers are focusing on a recovery amid weak momentum. Bitcoin is currently trading near the critical $92,720 level, with bullish strength appearing subdued. While the market remains in a consolidation phase, buyers are gradually rebuilding momentum, creating the potential for a breakout as the new year begins. […]
The Bitcoin mining sector now sources 56.76% of its energy from renewable or clean energy solutions, as reported by Woocharts. This represents a consistent rise in eco-friendly energy use since April 2021, reflecting the industry’s efforts to minimize environmental harm. Woocharts’ figures, aligned with the sustainability standards set by the Cambridge Center for Alternative Finance, […]
Following an interest rate drop on Wednesday, Federal Reserve Chair Jerome Powell forcefully reaffirmed the central bank’s stance on Bitcoin at a press conference. Powell clarified that legal constraints preclude the U.S. government from establishing a Bitcoin reserve when questioned about the prospect of doing so. He clarified:“We are not permitted to possess Bitcoin. We […]
Galaxy Digital’s latest crypto predictions suggest a remarkable year ahead for digital assets in 2025, with Bitcoin potentially reaching $185,000 and the stablecoin market cap doubling to $400 billion. The report, released on December 31, 2024, brings together insights from Galaxy’s top research analysts. Bitcoin’s Trajectory and Institutional Adoption According to Galaxy’s Head of Research […]
Bitcoin (BTCUSD) Buyers Fight To Extend Bullish Strength Bitcoin is currently facing resistance as the price drops back to the $94,000 significant level. After a rapid ascent, Bitcoin’s bullish momentum has stalled, leading to a retreat toward this key level. Bitcoin Key Levels Resistance Levels: $94,000, $100,000Support Levels: $90,000, $85,000The bullish trajectory that Bitcoin began […]
Bitcoin experienced a setback after the holidays, briefly dipping below $95.2k on Thursday. The 4% decline over the past day has nearly erased its monthly gains following multiple corrections since mid-December. However, this recent dip might present a buying opportunity for investors, as market data hints at potential upward momentum. Bitcoin Reserves on Binance Decline […]
BTCUSD (Bitcoin) Continues Sideways Trading BTCUSD remains locked in a sideways movement as market uncertainty prevails. After reaching a high of $107,000, the market has pulled back toward the $98,000 support level. Traders are closely monitoring price reactions in the coming days to anticipate the next directional move. Bitcoin Key Levels Resistance Levels: $107,000, $115,000 […]
