The world of Bitcoin mining has experienced a significant milestone with earnings reaching an all-time high. According to CryptoQuant, miners have earned a staggering $78.6 million in daily revenue on March 7. This surpasses the previous record set during the height of the crypto boom in April 2021. The surge in earnings can be attributed
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Bitcoin’s recent rally to a new all-time high above $70,000 has caught the attention of many experts in the cryptocurrency space. The leading crypto asset is believed to still be in its early stages, with significant room for growth according to most analysts. Drawing from historical patterns and recent market behavior, it has been observed
Ethereum (ETH) has been making waves in the cryptocurrency market recently, showing significant price growth and surpassing the $4,000 mark for the first time since December 2021. The price surge of ETH has caught the attention of analysts and investors alike, with many predicting that the rally may continue in the near future. Key indicators
Bitcoin’s recent surge in price has captured the attention of investors worldwide. With a new all-time high of nearly $73,000, Bitcoin has solidified its position as a dominant player in the cryptocurrency market. This impressive rally comes after a tumultuous week where Bitcoin experienced significant volatility but ultimately managed to climb back up to the
Ethereum’s price has been on a rapid rally in the past few weeks, breaking through multiple resistance levels. However, the price has now reached a significant level that may act as a barrier for further growth. The daily chart shows a steady increase in price, with higher highs and lows. The market has also moved
The recent listing of Metis (METIS) on Binance has had a positive impact on the price of the cryptocurrency. This move by Binance aligns with a broader resurgence in the cryptocurrency market, with major players like Bitcoin (BTC) reaching record highs. Binance’s decision to list METIS demonstrates its commitment to improving the user experience and
The recent surge in crypto markets following the approval of spot Bitcoin ETFs has been a topic of speculation and anticipation. With the hope of spot Ethereum ETF approval looming, investors are closely watching the developments in the space to see how it may impact the overall market. Uncertainty Surrounding Ethereum ETF Approval Despite the
Russia, as a member of the BRICS alliance, has recently announced the development of a new blockchain-based payment system to revolutionize trade settlements. This system aims to become an independent mechanism for conducting transactions among BRICS member nations. The BRICS alliance, composed of Brazil, Russia, India, China, and South Africa, is working together to create
Bitcoin’s price is displaying signs of finally breaking the previous all-time high to the upside, entering uncharted territories. Predicting its upside potential is becoming more challenging, but there are hints from technical and on-chain analysis. On the daily timeframe, the price is climbing toward the $70K level, with $70K and $80K being potential upcoming targets.
The Stanford Blyth Fund, managed by students at the university, recently made a significant investment in Bitcoin (BTC) at $45,000 in February. This decision came after a compelling pitch by a computer science major, Kole Lee, during one of the Fund’s meetings. Following the purchase, the Blyth Fund allocated around 7% of its portfolio to
The recent surge in Bitcoin prices is a clear indication of the upward momentum in the cryptocurrency market. With the price crossing the $50,000 threshold and peaking at $70,000, experts believe that the rally is far from over. This rally has coincided with a period of high interest rates, showcasing strong demand for Bitcoin without
The year 2022 was marked by the collapse of several cryptocurrency lending platforms, with the Celsius crash being particularly devastating for investors. However, amidst the turmoil, Nexo managed to weather the storm and emerge as one of the few survivors in the industry. The key to Nexo’s resilience, according to Dimitar Bratovanov, the company’s Product
The recent introduction of spot Bitcoin ETFs has caused a surge in investor interest and a substantial increase in trading volume. This development has sparked optimism not only for Bitcoin but for the cryptocurrency market as a whole. Evaluating the Possibility of a Spot Ethereum ETF Despite the positive reception of spot Bitcoin ETFs, the
The past few days have been a rollercoaster for Bitcoin as its price surged above $70,000 for the first time, only to be violently rejected shortly after. This extreme price movement left many investors reeling as billions of USD were liquidated within minutes. Despite the wild fluctuations, Bitcoin managed to recover most of its losses