Bitcoin awaits US CPI print as options markets see 3.3% BTC price move
BTC price volatility is expected to accompany US macro data and the Presidential debate, while Bitcoin traders stay cautious about the recent rebound. Go to Source
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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 … Read more
Merlin Chain, BitcoinOS partner to unveil ZK-powered Bitcoin bridge
Merlin Chain and BitcoinOS join forces to deploy the Grail Bridge, introducing zero-knowledge proof (ZKP) for secure cross-chain transactions. Go to Source
Why Bitcoin will likely retrace to $54K before the big breakout
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000. Go to Source
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 … Read more
Crypto becomes US election issue for the first time — Survey
Up to 73% of US respondents who currently own cryptocurrency believe that a candidate’s position on crypto will influence their vote in the presidential election. Go to Source
Bitcoin speculators repeat 2021 de-risking as exposure drops 21.6K BTC
BTC price action over the past month has had major consequences for Bitcoin investor dynamics. Go to Source
Bitfarms postpones ‘special meeting’ over Riot’s board change demand
Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision. Go to Source
Bitcoin UTXOs In Profit Drop To Lowest Level Of The Year
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has plummeted to 68.5%, the lowest level observed this year. Historically, such a drop has preceded significant price surges; for example, a similar decline in 2023 was followed by a remarkable 273% increase in Bitcoin’s price. #Bitcoin UTXOs in Profit Drop to Lowest Level This … Read more
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG
“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro. Go to Source