Tag: Digital Currency
Bitcoin Trading Volumes Stagnate, Market in Wait-and-See Mode
Bitcoin trading volumes have hit a standstill, leaving the market in a state of uncertainty. The amount of Bitcoin being transferred has remained low, indicating a lack of clear direction in the market. By...
Bitcoin Market Maturity Shown by Low Volatility and Steady Prices
Bitcoin's market maturity is being demonstrated by the recent low volatility and steady prices. The annualized realized volatility of Bitcoin has been fluctuating throughout 2024, showing significant market movements and reactions. Realized volatility is...
Investors Increase Bitcoin ETF Investments Despite 7% June Drop
Investors are showing increased interest in Bitcoin ETFs, despite a 7% drop in the price of Bitcoin in June. Spot bitcoin ETFs saw net inflows of $790 million during the month, indicating a growing...
Solciety’s PolitiFi Meme Coin Presale: $600K+ Raised in First 2 Weeks
Solciety's PolitiFi Meme Coin Presale: Over $600K Raised in First 2 WeeksIn the first two weeks of its presale, Solciety has raised an impressive amount of over $619,000, taking advantage of the growing popularity...
Bitcoin Traders Prepare for ‘Bullish July’ with Record $124M Inflows in BTC ETFs
Bitcoin traders are gearing up for what could be a 'Bullish July' as record $124 million inflows into BTC ETFs have been recorded since the beginning of the month. This comes after months of...
Bitfarms Reports 21% Increase in Bitcoin Production Amid Upgrades and Takeover Drama
Bitfarms, a Bitcoin miner, has reported a 21% increase in Bitcoin production for the month of June. This increase follows an overall capacity upgrade by the company. In June, Bitfarms produced 189 BTC, up...
Bitcoin Price Surge: Retail Investors Driving Growth – Will It Rebound?
Bitcoin, the world's leading cryptocurrency, has experienced a recent price decline, falling below the $60,000 mark. This downward trend has continued over the past month, with Bitcoin losing nearly 10% of its value. Despite...
Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days
Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
Bitcoin Price Volatility: US Transfers $240M in Bitcoin to Coinbase Address – CoinJournal
The US government recently transferred 3,940 Bitcoin, valued at $240 million, from a wallet linked to a Silk Road vendor to a Coinbase Prime wallet address. This move has raised concerns among traders about...
Cardano Price Analysis: ADA Nears Critical $0.3389 Support Level
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...