Bitcoin is holding steady above $113,000 after briefly dipping to two-week lows, keeping traders on edge ahead of a pivotal week for markets. The cryptocurrency is trading at $113,066, with daily volumes near $64.1 billion and a market cap of $2.25 trillion. While BTC slipped 0.50% over the past 24 hours, it remains the world’s…
Bitcoin’s recovery attempt is drawing attention after a week of steady losses, with one market watcher warning of a deeper fall if the coin fails to push past the $120,000 region. The price of the world’s biggest cryptocurrency has already slipped by over 7% since touching $124,450 last week, raising doubts about the strength of…
Day 2 of the Wyoming Blockchain Symposium produced its most arresting soundbite but when Eric Trump prompt a sovereign had quietly gathered a nine-figure trove of Bitcoin. “Let me provide the sovereign wealth…they’re all shopping for bitcoin proper now, in large methods,” he said from the primary stage. Did A Nation Purchase 200,000 Bitcoin Secretly?…
Bitcoin might be on observe for a significant rally this 12 months, based on Leah Wald, CEO of SOL Methods. Key Takeaways: Bitcoin might hit $175K this 12 months and presumably $1M by 2030, says SOL Methods CEO Leah Wald. Institutional gamers like BlackRock and high buyers are driving bullish long-term projections. Crypto is shifting…
As Bitcoin continues to breach all-time highs, the debate over Bitcoin mining’s environmental impact grows louder. A Cambridge Centre for Alternative Finance study found that 52.4% of Bitcoin mining now relies on sustainable energy. Among the firms pushing this transition is Bitzero, backed by Shark Tank investor and entrepreneur Kevin O’Leary aka “Mr Wonderful”. In…
New Glassnode analysis suggests Bitcoin’s traditional 4-year cycle remains structurally intact despite widespread analyst claims that institutional adoption has broken the pattern. The blockchain analytics firm found that Bitcoin’s current cycle duration and long-term holder profit-taking levels closely mirror previous cycles, with all-time highs in both 2015-2018 and 2018-2022 cycles occurring 2-3 months beyond the…
Harvard economist Kenneth Rogoff, who declared in 2018 that Bitcoin was more likely to crash to $100 than rally to $100,000, has returned. He indirectly admitted he was wrong and outlined reasons why his prediction fell through. Harvard Economist Breaks Silence On Missed Bitcoin Prediction In an X post, Rogoff identified himself as the Harvard…
After several days of decreases, the crypto market is up today, with the majority of the top 100 coins turning green over the past 24 hours. Overall, the cryptocurrency market capitalization has increased by 1.1%, now standing at $3.95 trillion. At the same time, the total crypto trading volume is at $154 billion, maintaining a…
Two Bitcoin mining swimming pools now make up for 51% of the community Hashrate, elevating potential issues in regards to the centralization of the blockchain. Foundary & AntPool Make Up For The Majority Of The Bitcoin Hashrate As identified by X person Leo Lanza in a post, two mining swimming pools have gained management of…
Bitcoin’s near-term path, argues macro commentator Bruce Florian–founder of the Bitcoin Self-Custody Company Schwarzberg and a bestselling author–is being set far from crypto order books and deep inside the US money markets, where a once-enormous pool of excess cash has finally run dry. In a thread on X, Florian frames the Federal Reserve’s overnight reverse…