Metaplanet has been steadily adding to its Bitcoin holdings week after week, and with today’s acquisition, its stack now exceeds 639 Bitcoins. In the early hours of Monday’s trading on the Asia market, the Japanese corporation announced a further investment of 1 billion Japanese yen. This news comes as predictions
The cryptocurrency market is displaying a positive shift this week, with Bitcoin climbing 2.5% and trading at $63,387, reaching an intraday high of $63,957. This upward movement comes as investors eagerly await Federal Reserve minutes of its monetary policy meeting, including the Consumer Price Index (CPI) for September, as well
In 2024, Bitcoin (BTC) and Ethereum ( ETH) have grabbed investors’ interests, especially with the launch of spot ETFs. Trading at $63,800 (BTC) and $2600 ( ETH), their exorbitant pricing sometimes deters prospective investors from searching for low-cost, highly profitable prospects. Fortunately, there are some fascinating cryptocurrencies presently for less
On analyzing sentiment parameters in the cryptocurrency sector, readings show positive as investors await the Uptober bull run. The recent price recovery in the overall market has influenced the optimistic sentiment. Additionally, Bitcoin’s price recovery has also raised traders’ hopes for upward movements. In the past week, Bitcoin’s price caused
The cryptocurrency market is holding its breath until later this week when the US Consumer Price Index (CPI) data is revealed. After the dismal US job statistics dampened market confidence, investors would be watching the data attentively since it is essential to understanding the inflationary pressure in the economy. The
Nearly half of American voters (49%) say a candidate’s pro-cryptostance is significant when picking them, according to a recent poll by ConsenSys and HarrisX. Furthermore, 62% are prepared to vote against their party’s candidate in order to support a candidate that is pro-cryptocurrency. The survey also revealed that a whopping
After a halving event, Bitcoin’s (BTC) performance tends to improve in the fourth quarter of bull cycle years. Despite predictions from CryptoQuant that this year would be similar, the numbers just don’t make up. During the three halving years of 2012, 2016, and 2020, the seasonal results for the price
In its unaudited fiscal year report, CleanSpark, a Bitcoin miner, said on October 4 that their hashrate had increased by 187% over the past year. The company’s total Bitcoin mined for the fiscal year reached 7,098 with 493 mined in September. It has 188,520 miners on the go with an
October is referred to as the “uptober” month, known for the upward momentum of the cryptocurrency market. Despite that, Bitcoin is suffering to regain its price. The largest cryptocurrency is currently trading above the $61K mark; a brief recovery has been made over the past 24 hours. On the other
Bitcoin has struggled to maintain momentum in the first few days of “Uptober,” a month typically marked by bullish sentiment. Despite high community expectations for Bitcoin to surpass $70K, the flagship cryptocurrency recently hit a 16-day low. Over the past week, Bitcoin has dropped 6%, primarily due to macroeconomic factors.
