Tag: Digital currency market

Bitcoin is on a wild ride as it tops $107K and experts are saying it could reach record highs this summer. Analysts are pointing to a variety of factors, including regulatory support, increased ETF...

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...

Tether, a well-known stablecoin issuer, has decided to stop supporting its Euro-pegged stablecoin, EURt, due to regulatory challenges in Europe. The CEO of Tether, Paolo Ardoino, mentioned that the regulatory hurdles with MiCA have...

Coinbase CEO Brian Armstrong recently expressed his strong support for the appointment of Hester Peirce as the new Securities and Exchange Commissioner (SEC) during President Donald Trump's second term. Armstrong praised Peirce's intelligence, fairness,...

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...

Last week's inflation report had little impact on the Federal Reserve's decision to continue cutting rates. Recently, the yield on 10-year U.S. Treasury bonds has increased from 3.6% to 4.1%, driven by quant-driven fund...

Bitcoin has surged past the $65,000 mark, experiencing a 4% increase in just 24 hours. This rise is attributed to positive movements in the S&P 500 and expectations of stimulus in China. The trading...

Bitcoin's price took a hit on August 1, dropping to nearly $62,000, its lowest level since mid-July. This decline was part of a broader trend in the cryptocurrency market, with the global market cap...

Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...