Tag: Digital currency market
Brian Armstrong endorses Hester Peirce for SEC Chair: A Boost for Crypto Regulatory Clarity
Coinbase CEO Brian Armstrong recently expressed his strong support for the appointment of Hester Peirce as the new Securities and Exchange Commissioner (SEC) during...
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...
Fed Rate Cut Continues to Support Crypto Market Growth
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...
Bitcoin Price Surges Past $65K, Analyzing Growth Compared to Previous U.S. Election Cycles
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...
Crypto Market Update: Bitcoin Price Drops to $62k Alongside Stock Market Decline
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...
Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis
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....
Bitcoin Futures Open Interest on CME Hits Record High, BTC Targets...
Bitcoin futures open interest on the CME exchange has reached a record high of 218,000 BTC, equivalent to $21.3 billion. This surge in open...
