Cryptocurrency Market

  • Market Cap: $2,792,378,285,004.08
  • 24h Vol: $133,066,310,316.66
  • BTC Dominance: 58.34%

Bitcoin

fractal-bitcoin-absorbs-over-35%-of-bitcoin’s-hashrate-after-mainnet-launch

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bitcoin’s sidechain has attracted about 241 EH/s of merged mining hashpower. Fractal Bitcoin Captures More Than 240 EH/s […]

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch Read More »

latam-insights-encore:-the-venezuelan-perfect-storm-highlights-bitcoin’s-key-use-case

Latam Insights Encore: The Venezuelan Perfect Storm Highlights Bitcoin’s Key Use Case

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits: uncensorability. Latam Insights Encore: Venezuelan Situation Shows Bitcoin’s Utility

Latam Insights Encore: The Venezuelan Perfect Storm Highlights Bitcoin’s Key Use Case Read More »

trump-harris-debate-expected-to-drive-crypto-volatility,-qcp-capital-says

Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says

QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate.

Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says Read More »

dormant-bitcoin-wallet-from-2013-springs-to-life-with-$8m-transfer

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer

On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer Read More »

bitcoin-technical-analysis:-path-to-$58k-blocked-by-heavy-resistance-at-$56,000

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery, rising from a low of $53,636 on September 8 to $55,614.

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000 Read More »

bitcoin’s-hashrate-reaches-692-eh/s,-nearing-700-eh/s-milestone

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week On Sunday, Sept. 8, 2024, Bitcoin’s

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone Read More »

corporate-bitcoin-adoption-surges-in-2024,-river-report-reveals

Corporate Bitcoin Adoption Surges in 2024, River Report Reveals

Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role of bitcoin in business treasuries, offering insights into key trends and future projections. Corporate Interest in Bitcoin Spikes, U.S. Companies Dominate Holdings River’s report indicates

Corporate Bitcoin Adoption Surges in 2024, River Report Reveals Read More »

bitcoin-hashrate-hits-record-high-as-prices-drop-below-$55k

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K Read More »

report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses Read More »

september-crypto-crash-wipes-out-$170b,-bitcoin-and-ethereum-take-the-biggest-hit

September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit

Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s

September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit Read More »