BTCUSD Bullish Momentum Takes a HitBTCUSD Bullish Momentum Takes a Hit BTCUSD bullish momentum has encountered resistance as it struggles to surpass the significant $73,000 level. Following its breakout from the ascending channel, the BTC market exhibited robust bullish activity, achieving a new all-time high at $73,840. However, this surge was short-lived, leading to a […]
Following each halving, Bitcoin (BTC) becomes increasingly scarce, and analysts from the leading crypto exchange, Bybit, predict that the upcoming event, expected in the next four days, will make the digital asset twice as rare as gold. A report outlining the anticipated changes before and after the Bitcoin halving indicates that BTC will undergo a […]
The upcoming Bitcoin halving event is poised to transform the cryptocurrency mining landscape, prompting miners to adopt more sustainable practices. As the block reward reduces from 6.25 BTC to 3.125 BTC, miners are at a crossroads that could reshape the industry. Faced with potential profitability challenges, mining companies are reevaluating their strategies. According to Cointelegraph, […]
Bitcoin plunges amid Middle East tensions as investors brace for an extended crypto selloff. Bitcoin faced a steep decline amid broader cryptocurrency market woes, attributed to escalating tensions in the Middle East. Iran’s retaliation against Israel, sparked by a strike in Syria that claimed Iranian military lives, intensified regional conflict. Investors monitored digital asset markets […]
BTCUSD is Ready to Rally to a New Market High BTCUSD is ready for a potential rally to surpass its previous market highs. After breaking out of an ascending channel that had guided its bullish trajectory since January 2023, the cryptocurrency experienced enhanced market momentum, propelling it to establish a new all-time high at $73,840. […]
Hong Kong, renowned as a global financial hub, is gearing up to make a significant stride in the digital assets sector. Reports suggest that the city is on the brink of endorsing exchange-traded funds (ETFs) directly linked to Bitcoin and Ethereum. This development is anticipated to breathe new life into the crypto market, particularly in […]
Daily Active Users (DAUs) serve as a pivotal metric for assessing the vitality and expansion of blockchain networks. Similar to customers for traditional enterprises, a high DAU count signifies a thriving ecosystem, attracting developers and users and fostering a cycle of growth and innovation. In this overview, we delve into the top blockchains by DAUs […]
For many cryptocurrency investors, Bitcoin remains a top choice. However, the convenience of direct Bitcoin purchases comes at a cost—fees. Fee structures vary across platforms, prompting investors to seek out options with the most favourable rates to maximize long-term profitability. In this guide, we’ll explore Bitcoin fees and pinpoint the platforms offering crypto purchases at […]
Michael Saylor’s tweet sparks bullish sentiment for Bitcoin. In a recent tweet, Michael Saylor, CEO of MicroStrategy and prominent Bitcoin advocate, shed light on the symbolic meaning of laser eyes, reassuring the BTC community amidst a price dip from $72,700. Saylor emphasized that laser eyes represent genuine support for Bitcoin, opposing critics like Peter Schiff. […]
