Bitcoin has experienced a slight dip of 0.82% in the last 24 hours, accompanied by a notable 32% surge in trading volume. However, zooming out to a monthly perspective reveals a more optimistic picture, witnessing a 9% surge. Just a week ago, it reached a 5-week high, touching $71,958. In
Bitcoin (BTC) witnessed a significant ‘bull versus bear’ momentum throughout May, fluctuating within the $62,000-$70,000 range. Over the past 30 days, this largest cryptocurrency by market cap surged over 13%. As of late May, BTC teased a brief bullish rally to near its all-time high (ATH) while facing multiple hurdles.
Marathon Digital, a prominent Bitcoin miner, has teamed up with the Kenyan Ministry of Energy and Petroleum (MOEP) to further expand the renewable energy industry in the nation, which is currently booming. The main goals of the collaboration are to build essential energy infrastructure, share ideas for policies and investments,
Bitcoin has experienced significant volatility over the past 24 hours, decreasing by 3.35%. After peaking at $70,041.27, the price eventually fell to $66,356.95. Three days ago, Bitcoin hit a monthly high of $71,979, but the bulls couldn’t maintain the momentum. Despite this, Bitcoin is up 2.30% over the past week,
Bitcoin (BTC) remained relatively stable early Thursday, with little change in price around $69,500. The lack of a clear direction comes ahead of the U.S. Securities and Exchange Commission’s (SEC) decision on VanEck’s spot ether ETF application, expected later in the day. BTC had previously faced resistance above the $71,500
The crypto market has shown optimistic performances this week. Bitcoin, Ethereum and other Altcoins have shown upward trends in market price. With the Bitcoin Pizza day celebrated today, the leading cryptocurrency’s prices dipped down to the $69K mark. BTC witnessed a price recovery that snowballed to new monthly highs in
A substantial positive inflow of $305.7 million was seen in Spot Bitcoin ETF flows on Tuesday, May 21. It was BlackRock’s iShares Bitcoin Trust (IBIT) that spearheaded this massive influx of capital. When it came to the most recent trading session’s inflow, the IBIT ETF stood head and shoulders above
The House of Representatives will vote on a bill this week that would define the responsibilities of financial regulators with regard to digital assets, according to Republican members of the US House Financial Services Committee. House Republicans said in a X post on May 20 that the FIT21 Act, an
Bitcoin dominates the crypto market and is often considered digital gold. It seems primarily to be a digital store of value and is trying new dimensions to transform its functionality and appeal. After the halving and approval of ETFs, what will further lead to the value of BTC is the
The average weekly number of new Bitcoin addresses approached its greatest levels since its all-time high in December 2017, six months ago, due to enthusiasm over spot Bitcoin ETFs, innovations in the Bitcoin ecosystem like Ordinals, and the imminent halving. The enthusiasm around new Bitcoin projects has waned, and the
