[ad_1] Quick Take The Bitcoin network has recently seen a significant uptick in its difficulty adjustment and hash rate, as reported by CryptoSlate. A notable 8% rise in difficulty adjustment, the highest in 12 months, pushed it to an all-time peak of 81.73 T, according to data from Coinwarz. Concurrently, the network’s hash rate – … Read more
[ad_1] At the Exchange ETF conference in Miami Beach, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in a discussion with CNBC’s Bob Pisani on the future of spot Bitcoin ETFs and their integration within diversified portfolios. $150 Billion Ready To … Read more
[ad_1] Take a look at the frontpage of CoinDesk today and you could be forgiven for thinking our site is all about Bitcoin. Just look at the headlines: BTC is above $50k. Options traders are betting on $75,000. Bitcoin’s market cap is back above $1 trillion. Bitcoin ETFs have accumulated $11 billion since being approved … Read more
[ad_1] Crypto analyst Justin Bennett has laid out a bearish narrative for the flagship crypto token Bitcoin. Based on his analysis, Bitcoin will likely drop below the $50,000 level again before it moves further to the upside. Bitcoin Could Drop Back To As Low As $47,000 In an X (formerly Twitter) post, Bennett mentioned that … Read more
[ad_1] Bitcoin has been on an absolute tear, surpassing $52,000 for the first time since December 2021. The leading digital asset has already climbed over 23% in 2024, and a major driver of this meteoric rise has been the influx of institutional money entering the space through spot Bitcoin ETFs. Bitcoin’s mainstream credibility among traditional … Read more
[ad_1] Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb. 15. Data from CoinWarz shows that this increase, which is expected to hit a new record high, will surpass 81 trillion at block height 830,592. The network is expected to reach this milestone by … Read more
[ad_1] Matt Dines, the Chief Investment Officer at Build Asset Management, has identified a classical ‘Cup and Handle’ pattern in the Bitcoin (BTC) price chart, which he believes could signal an impending rally to $75,000. This technical formation is often considered a strong bullish signal and is closely watched by market analysts and traders. Bitcoin … Read more
[ad_1] Major Bitcoin forks, including Bitcoin Cash (BCH), Bitcoin SV (BSV), and eCash (XEC, formerly Bitcoin Cash ABC), have experienced significant price depreciation against Bitcoin (BTC) since its all-time high in November 2021. BCH declined by 48%, BSV by 42%, and XEC suffered a substantial 71% loss against BTC during this timeframe. Bitcoin Forks (Source: … Read more
[ad_1] Bitcoin’s brief rally to $52,000 has lifted the shares of several US-listed crypto-focused firms. Data from CryptoSlate showed that the flagship digital asset’s price surged more than 6% to as high as $52,021 during the reporting period before retracing just below the psychological resistance as of press time. CryptoSlate Insight reported that this positive … Read more
[ad_1] Bitcoin’s open interest has surged past $11 billion for the first time in over two years. This uptick comes when the world’s most valuable coin surges, recently easing past $51,000, the highest level since December 2021. Bitcoin open interest | Source: Kaiko on X Surging Open Interest And Order Book Imbalance According to Kaiko, … Read more