BTC price gains ‘on horizon’ as Bitcoin whales buy 1.5M BTC — Analysis
Bitcoin’s largest whales are in clear accumulation mode while speculators stage knee-jerk sell-offs at a loss. Go to Source
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Crypto Ecosystem Development And Market Activity: Solana, Bitcoin, And Bitget In Focus
As of the first week of October, the overall development activity across various blockchain ecosystems provides valuable insights into long-term growth and innovation. Notably, Solana has continued to lead the charge, posting a +10.7% increase in GitHub activity. This uptick highlights the ongoing development and growing competitiveness within the ecosystem. Similarly, Arbitrum and Avalanche also … Read more
Ethereum Staking Reaches New High As Market Activity Heats Up Around Key Price Levels
The percentage of Ethereum ($ETH) staked has surged to 28.9%, up from 23.8% in January, demonstrating growing long-term confidence in the network’s future. Notably, 15.3% of the staked ETH has remained locked for over three years, signaling strong commitment from long-term holders. 🔍 Ethereum Update: 🔐28.9% of all $ETH is now staked, up from 23.8% … Read more
Bitcoin Rebounds To $63K As MicroStrategy Nears All-Time High Amid Whale Shift
After a recent 10% correction, Bitcoin has rebounded, climbing back to the $63,000 mark as it attempts to reclaim the critical Short-Term Holder cost basis. This resurgence comes as the broader crypto market stabilizes following a period of volatility. Following a 10% price correction, the #Bitcoin market has rebounded back to the $63k level in … Read more
Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery
The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin Reclaims $60K After Market Dips: Traders Face $191M in Losses … Read more
Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets. Go to Source
Bitcoin retraces to $59K amid altcoins stagnant with ‘regulatory hurdles’
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren’t seeing price spikes due to “regulatory hurdles.” Go to Source
Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead of Difficulty Adjustment Following a decline in … Read more
Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s
Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled Bitcoin Mining Rigs The Chinese application-specific integrated circuit (ASIC) producing giant, Bitmain, has debuted its … Read more
CPI data to drive ‘favorable impact’ on Bitcoin prices — 21Shares
Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years. Go to Source