Cryptocurrency Market

  • Market Cap: $2,791,851,768,888.63
  • 24h Vol: $110,613,389,356.42
  • BTC Dominance: 58.28%

Bitcoin

76-sleeping-bitcoin-wallets-activated-in-july,-unlocking-$424m

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M

Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […]

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M Read More »

bitcoin-network-faces-toughest-mining-difficulty-increase-since-2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s

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blackrock’s-ibit-propels-us-spot-bitcoin-etfs-to-$124m-inflows-on-monday

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT Emerges as Monday’s Sole Gainer On Monday, sosovalue.xyz stats show the 11 U.S. spot bitcoin ETFs

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday Read More »

nigerian-cbdc-adoption-lags,-makes-up-less-than-1%-of-currency-in-use

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits compared to the traditional naira. E-Naira Adoption Lags Despite

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use Read More »

ukrainian-police-detain-suspects-in-abduction,-murder-of-foreigner-over-bitcoin

Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin

Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July

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bitcoin-technical-analysis:-btc-surges-past-$69k,-faces-key-resistance-near-$70k

Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K

On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely to persist. Bitcoin Bitcoin’s 1-hour chart indicates a steady uptrend with prices

Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K Read More »

us-senator-hails-bitcoin’s-potential-to-democratize-finance-and-improve-financial-inclusion

US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for

US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion Read More »

mara-adopts-‘full-hodl-strategy,’-surpasses-20,000-btc-holdings

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings Read More »

us-spot-bitcoin-etfs-see-record-$533.57m-inflows-ahead-of-ether-etf-launch

US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday, U.S. spot bitcoin ETFs attracted $533.57 million, the highest

US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch Read More »

ethereum-technical-analysis:-eth-eyes-bullish-rebound-amidst-consolidation

Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation

Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance at $3,565. Ethereum’s price has been oscillating within these boundaries, with noticeable volume spikes at pivotal

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