There has been a data-driven 85% drop in Bitcoin miner withdrawals since the mid-April Bitcoin halving. The onchain analytics platform CryptoQuant said in a June 28 post that the pressure on miners to sell is “weakening.” Miners of Bitcoin (BTC) have had to adapt to a new economic reality for
While the global crypto market is showing some positive trends, attention has turned towards Bitcoin (BTC) as it navigates through mixed pressures. Following the release of US economic data, Bitcoin has shown a moderate upward trend despite fluctuations, climbing around $62,293 from a 24-hour low of $61,097. At the time
The crypto market has faced significant challenges over the past month amid a bearish trend, with many tokens reaching new lows. However, there’s been recent optimism as prices begin to rebound. Notably, Solana meme coins have surged in the last 24 hours, driven by recent news of investment firm VanEck
Blocksquare, the RWA tokenization protocol, today announced the introduction of Oceanpoint v0.5, which features Marketplace Pools for community-driven, decentralized real estate investment and tokenization. The launchpad update gives community members and marketplace operators a more efficient way to raise funding for tokenized real estate investments. One of the launch’s main features, Marketplace
Today, the global cryptocurrency markets saw a modest uptick, with Ripple’s XRP showing a 2.62% gain over the past 24 hours, rising from a recent low of $0.4678 to a high of $0.48. This follows a recent dip, prompting speculation among analysts of a potential bullish reversal. At the time
Jesse Powell, Kraken’s co-founder and chairman, recently made headlines for a large personal contribution he made to the 2024 presidential campaign of former president Donald Trump. A major player in the cryptocurrency industry, Powell has donated $1 million to Trump’s campaign, mostly in Ethereum (ETH). In a recent social media
Net inflows of $11.80 million were recorded by the eleven spot bitcoin ETFs in the US on Thursday, extending the positive run to three consecutive days. The pace has decreased since Tuesday’s net inflows of $31 million, but the inflows have persisted. SosoValue data shows that Bitwise’s BITB received $8
Investors and enthusiasts in the cryptocurrency sector must comprehend the short-term and long-term price projections of digital assets due to the quick changes in market dynamics and investor sentiments. There has been a precipitous fall in the value of the cryptocurrency market over the last few weeks, with major cryptocurrencies
Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate. Current President Joe Biden and Donald Trump clashed on economic, taxation, and
Bitcoin, the largest cryptocurrency, has been under bearish pressure since mid-June, dropping below $58.5K amid strong selling pressure. However, in the past 24 hours, BTC has shown signs of recovery with a modest 2% price increase and a similar rise in trading volume. This recovery coincides with the heated debate
