The over 22-fold increase is mainly attributed to Bitcoin staking developments, the launch of spot Bitcoin ETFs in the US and BTC’s soaring prices during 2024.
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Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win.
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Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business.
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According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges.
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A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor chief commercial officer Danny Sanders said.
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SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.
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The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms.
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Bitcoin whale accumulation, chart technicals, and a declining stablecoin dominance hint at a BTC price bull run ahead.
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Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […]
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CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.
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