Tag: Cryptocurrency trends

news-21102024-155033

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...
news-15112024-094939

XRP Price Surges 17% Outperforming Market; $120K Bitcoin Target Still Possible

XRP saw a significant surge of 17% in the past 24 hours, outperforming Bitcoin and other major cryptocurrencies. This increase comes as the U.S. regulatory environment for cryptocurrencies appears to be shifting in a...
su-price-analysis-token-bounces-from-375-support-level

SUI Price Analysis: Token Bounces from $3.75 Support Level

Alright, so like, SUI had this crazy surge after finding some solid support at the $3.75 level. The whole crypto world was going nuts with excitement as SUI showed some serious recovery skills in...
crypto-ndustry-future-nsights-from-consensus-toronto-2025

Crypto Industry Future Insights from Consensus Toronto 2025

Thousands of crypto folks just swarmed Canada to chat about all things crypto. The event, hosted by CoinDesk, called Consensus conference, took place in Toronto this week. And let me tell you, it was...
bitcoin-market-cooling-down-amid-decreasing-capital-nflows

Bitcoin Market Cooling Down Amid Decreasing Capital Inflows

Bitcoin Market Slows Down Amid Decreasing Capital InflowsThe world of digital assets is experiencing a notable shift as Bitcoin's market momentum wanes with a decrease in capital inflows. Alongside Bitcoin, other major cryptocurrencies like...
btc-110k-option-emerges-as-top-trading-strategy-in-bitcoin-market

BTC $110K Option Emerges as Top Trading Strategy in Bitcoin Market

Bitcoin traders are keeping their eyes firmly on the prize, with the leading cryptocurrency hovering below the tantalizing $100,000 mark. Despite the lackluster performance, traders are not shying away from optimistic bets on BTC....
tether-usdt-wallets-reach-109-million-competing-with-bitcoin-and-ethereum-users

Tether USDT Wallets Reach 109 Million, Competing with Bitcoin and Ethereum Users

Tether USDT Wallets Surge to 109 Million, Surpassing Bitcoin and Ethereum UsersTether, the stablecoin issuer, has recently reported a significant milestone in the digital asset space. The number of on-chain wallets holding...
bitcoin-as-reserve-currency-criticized-by-former-us-treasury-secretary

Bitcoin as Reserve Currency Criticized by Former US Treasury Secretary

Former US Treasury Secretary Larry Summers has stirred controversy with his recent comments criticizing the idea of Bitcoin becoming a national reserve currency. In an interview with Bloomberg, Summers dismissed the notion of a...
bitcoin-digital-gold-vs-dollar-competitor-powells-perspective

Bitcoin: Digital Gold vs Dollar Competitor – Powell’s Perspective

Bitcoin: Digital Gold vs Dollar Competitor - Powell's PerspectiveFederal Reserve Chairman Jerome Powell recently shared his perspective on Bitcoin, debunking the idea of it as a replacement for the U.S. dollar and instead likening...
news-29102024-171620

New Title: Key Resistance Levels to Watch Above $73.7k All-Time High

After nine months of trading within consistent price channels, Bitcoin is threatening to break out above a new all-time high of $73.7k and enter true price discovery. My price channels have been noted for...