3 reasons why Ethereum price has lagged behind Bitcoin in 2024
Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue. Go to Source
Bitcoin
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Price analysis 9/11: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin recovered sharply from its intraday low, but holding these gains will determine whether bulls and dip buyers are ready to fight for a stronger trend reversal. Go to Source
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more … Read more
Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021. Go to Source
Bitcoin price struggles as bears overtake bulls in futures markets
Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside. Go to Source
Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On … Read more
Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. Go to Source
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows totaling $116.96 … Read more
Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis
The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis. Go to Source
India tops global crypto use despite offshore exchange ban
India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received. Go to Source