Tag: Bitcoin
Bitcoin Miners’ $28 Billion Market Cap: Undervalued Compared to BTC Trading Volumes
Bitcoin miners currently hold a combined market capitalization of $28 billion, which some experts believe may be undervalued when compared to the trading volumes of Bitcoin. In fact, Bitcoin's daily trading volume has been...
CAT Token Surges 60% as Bitcoin and Major Cryptocurrencies Dip on Leverage Flush
Bitcoin made a strong push towards $70,000 over the weekend but couldn't sustain the momentum, dropping by 2.2% to just above $67,000. This decline was not limited to Bitcoin, as other major cryptocurrencies like...
Is Bitcoin’s Rally Failing as Price Dips Below $67K?
Bitcoin faced a setback as its price dipped below $67,000 after failing to break the $70,000 level during early Monday trading hours in Asia. The price of bitcoin dropped by 2.3% over the past...
Crypto ETFs Unlikely to Expand Beyond Bitcoin and Ether Under Kamala Harris
Several firms recently began seeking approval to create U.S. exchange-traded funds that track cryptocurrencies beyond the already-approved bitcoin (BTC) and ether (ETH) products. Those applications will probably go nowhere if Democratic Presidential nominee Kamala...
Bitcoin Hashrate Reaches Record High with Publicly-Listed Miners’ Dominance
The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the past week, indicating a strong uptrend in mining activity. Hashrate...
Challenges in Fiat System Exposed by Global Regulators’ Bitcoin Elimination Talks
Global regulators are stepping up their efforts to crack down on Bitcoin, with researchers from the Federal Reserve Bank of Minneapolis and economists at the European Central Bank (ECB) suggesting bold measures to "eliminate"...
The Higher Purpose of Blockchain According to Julian Assange
Julian Assange, known for his involvement with WikiLeaks, recently spoke about the higher purpose of blockchain beyond Bitcoin. Despite his recent release from prison, Assange made a powerful appearance at the Council of Europe,...
Bitcoin Miners’ Dilemma: Hodl BTC or Upgrade to AI After Halving
After the Bitcoin halving earlier this year, Bitcoin miners are faced with a dilemma - whether to hold onto the BTC they mine or invest in artificial intelligence (AI) technology to improve their operations....
Bitcoin Demand Surges: Catalyst for $70K BTC Price Target
Bitcoin's demand has been on the rise, with many indicators suggesting that BTC could hit $70,000 soon. From technical market data to prediction market betting, there are several factors at play. Inflows into U.S....
Bitcoin ETPs Experience Record Inflows in Global Markets
Bitcoin ETPs are attracting record inflows in global markets, with investors worldwide rushing to gain exposure to exchange-traded products tied to the leading cryptocurrency. In the past seven days alone, bitcoin ETPs have witnessed...