Tag: Bitcoin

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Bitcoin Mining Difficulty Drops by 11% Amid Steep Market Downturn

The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16%...

Strategy, BitMine, Coinbase Shares Chart Major Rebound as Bitcoin Stabilizes

In brief Strategy stock rose 18% to $126.59 despite being 9.5% underwater on its 713,502 BTC treasury. BitMine shares jumped 13.9% to $19.83, with plans to...

Coinbase’s Crypto-Backed Loans Notch Record Liquidations Amid Bitcoin, Ethereum Plunge

In brief Thousands of Coinbase users lost money this week as crypto-backed loans soured. The exchange’s users have faced $170 million in liquidations over the past...

What Crashed Bitcoin? 3 Theories Behind BTC’s 40% Price Dip in a Month

Bitcoin (BTC) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on...

Bithumb Mistakenly Airdrops $30 Billion of Bitcoin

The Korean crypto exchange intended to send 2,000 WON to some users but accidentally sent 2,000 BTC instead.Bithumb, one of Korea’s leading centralized exchanges...

Bitcoin Caught Between CME Gaps and New Macro Lows: Analysis

Bitcoin (BTC) failed to hold $69,000 as the weekend began amid predictions of fresh macro lows next.Key points:Bitcoin faces a lack of acceptance above...

BlackRock Bitcoin ETF Posts $231.6M Inflows After Turbulent Week For BTC

BlackRock’s spot Bitcoin exchange-traded fund (ETF) saw $231.6 million in inflows on Friday, following two days of heavy outflows during a turbulent week for...

Bitfarms Stock Pumps as It Dumps Bitcoin Mining for AI With Name Change, Move to US

In brief Bitfarms plans to change its name to Keel Infrastructure and move to the U.S. as it transitions away from Bitcoin mining. The firm will...

Google Search Volume For ‘Bitcoin’ Surges Amid $60K Plunge

Google search volume for the term “Bitcoin” surged over the past week as the asset’s price briefly fell to the $60,000 level for the...

Macro ‘Accomodative Policies’ May Not Be The Next Big Catalyst For Bitcoin

Bitcoin’s next major catalyst may come from the common assumption being flipped on its head that interest rates are bullish for Bitcoin only when...

How options on the BlackRock bitcoin ETF may have worsened crypto meltdown

BlackRock's spot bitcoin BTC$70,588.64 exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without...

Here’s Why Bitcoin Analysts Say BTC Market Has Entered “Full Capitulation”

Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price dropped below $69,000, the lowest since Nov. 6, 2024.Analysts said that Bitcoin...