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Bitcoin Mining Revenue Tanks To An 11-Month Low In August, Industry Bellwether Marathon Digital Shares Sank Over 13% In The Month
Tuesday, September 3, 2024 - 1:55am | 429Revenues from Bitcoin (CRYPTO: BTC) mining plunged to an 11-month low as the industry continued to grapple with the fallout of April halving and the apex cryptocurrency's downward price action. What happened: According to data from BitBo, miner earnings plummeted to a little over $827 million...
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Bitcoin Mining Giants Marathon, Riot, And Bitdeer Gear Up For Post-Halving Bull Run
Wednesday, July 3, 2024 - 12:08pm | 529Following the recent Bitcoin (CRYPTO: BTC) halving in April, attention has intensified on Bitcoin mining companies. Halvings, which reduce Bitcoin's inflation rate, have historically triggered bullish trends by highlighting Bitcoin’s scarcity. This change presents opportunities for investors...
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Bitcoin Hits 'Really Important Milestone,' BTC Rallied 300% Last 4 Times This Happened
Tuesday, April 2, 2024 - 3:39pm | 713Pomp Investments' Anthony Pompliano continues to look at the past performance of Bitcoin (CRYPTO: BTC) to make predictions about the future. What To Know: Bitcoin is up more than 55% since the start of the year and nearly 135% over a one-year period. The recent rally to all-time highs was largely...
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Bitcoin's $59K Surge Leads To $71M In Short Squeezes—Here's What's Happening
Wednesday, February 28, 2024 - 5:27am | 422Bitcoin (CRYPTO: BTC) on Wednesday morning saw its value surge to $59,000, fueled by enthusiastic market sentiment, substantial institutional investment, and anticipated gains from the upcoming ‘halving’ event. What Happened: The last instance when Bitcoin exceeded the $59,000 mark was...
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Bitcoin's Big Leap? Research Points To $87K Price Target On This Year's Halving
Monday, January 29, 2024 - 5:26am | 558With Bitcoin’s (CRYPTO: BTC) fourth halving on the horizon in April 2024, many believe it could significantly influence the cryptocurrency’s value. What Happened: A Finder survey, which compiled insights from 31 FinTech specialists, suggests that Bitcoin’s average...
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Will Bitcoin Price Breach $50,000? Matrixport Report Highlights Bitcoin Funding Rate Surging To 66%
Tuesday, January 2, 2024 - 2:52pm | 474Matrixport revealed in its latest report that January 2024 is likely to see Bitcoin (CRYPTO: BTC) push to $50,000 amid various supporting factors. What Happened: A Matrixport report highlighted that during Asian trading hours, the Bitcoin funding rate peaked at a new all-time...
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'Ethereum Isn't Dead:' Top Crypto Analyst Delivers Christmas Cheer, Says 'Best Quarter' For ETH Approaching
Monday, December 25, 2023 - 11:33am | 654Amidst the recent surge in Bitcoin's (CRYPTO: BTC) price in the past couple of months, driven by hopes for a regulatory nod to spot ETFs, top analyst Michaël van de Poppe argued that Ethereum (CRYPTO: ETH) is not dead, and raised the question of whether it...
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'Satoshi Nakamoto' Handle Tweets 2024 Halving Will Pave The Way For Transaction Fee Supremacy: 'They Want To Silence You'
Wednesday, October 4, 2023 - 1:47am | 676The elusive Satoshi Nakamoto X handle, which had been absent from the public eye for five years, has resurfaced with another tweet this week. What Happened: The latest tweet from the account, claims to belong to the pseudonymous creator of Bitcoin (CRYPTO: BTC). Bitcoin was created...
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Can Bitcoin Touch $100K Before 2024 Halving: Crypto Bro Wagers 1M Satoshis
Monday, August 7, 2023 - 12:43am | 477Blockstream CEO Adam Back, has expressed his confidence in Bitcoin (CRYPTO: BTC) reaching a new all-time high of over $100,000 before the cryptocurrency’s halving event in 2024. What Happened: Bitcoin halving is a highly anticipated event that occurs approximately every four years,...
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Litecoin Could See 200% Spike Before August Halving, Says Crypto Analyst: 'History Tends To Rhyme'
Wednesday, May 17, 2023 - 9:40am | 439As the Litecoin (CRYPTO: LTC) halving event approaches in August, anticipation around how it will impact the cryptocurrency’s price action continues to mount. What Happened: Pseudonymous analyst BlockchainSanta on Tuesday said that LTC may experience a potential 200% upside in the days...
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Dogecoin 'Relative' Up 57% Since FTX Bankruptcy: Analyst Says Halving Could Bring Another Rally
Tuesday, December 6, 2022 - 10:17am | 450Since FTX filed for bankruptcy, Litecoin (CRYPTO: LTC) has outperformed all other cryptocurrencies, rising 57% compared to Ethereum (CRYPTO: ETH), which rose 12%, and Bitcoin (CRYPTO: BTC), which gained just 3%. What Happened: The rally can be attributed to the upcoming LTC halving in mid-2023 when...
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Bitcoin Is Halfway To The Next Halving: Another Bull Run Incoming?
Thursday, May 5, 2022 - 12:55am | 370The world's first cryptocurrency Bitcoin (CRYPTO: BTC) is on its way to decreasing its inflation rate once again, with many in the cryptocurrency community believing that it will lead to another parabolic price increase. What Happened: Progress Until Next Halving — a...