The cryptocurrency market has seen substantial fluctuations in an intriguing turn of events. Significantly, Bitcoin (BTC) has exhibited a modest gain of 1.90%, valued at $30,714.56. Furthermore, its market cap, a whopping $596,283,024,337, reflects Bitcoin’s undying reign in the crypto world. Moreover, trading volumes have touched $16,224,582,599, further solidifying its
Riot Platforms, a major player in the global Bitcoin mining industry, is poised to significantly enhance its hashrate capacity by acquiring 33,280 mining rigs from MicroBT, a renowned manufacturer of essential equipment for cryptocurrency mining. The order for Application-Specific Integrated Circuit (ASIC) amounts to an impressive $162.9 million, setting it
The top cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have demonstrated significant strength, continuing their upward trajectory in the early hours of trading this week. BTC, the world’s largest cryptocurrency, has managed to maintain its position above the $30,200 range, while ETH has surged by 8.66% in a week to reach
Since the beginning of the month, Bitcoin’s (BTC) value has increased by the most among all cryptocurrencies. After a sustained bullish ascent, the leading cryptocurrency reached a new annual high of almost $31,000 this past week. Bitcoin is now trading at $30,555 at the time of this writing. Glassnode, an
According to reports, just five years ago, BlackRock CEO Larry Fink was dismissive about the prospect of cryptocurrency investment. In a dramatic turn of events, the world’s largest asset manager now acknowledges the rising appeal of digital currencies. In 2018, Fink claimed his clients had ‘zero interest’ in cryptocurrencies. He
The U.S. Securities and Exchange Commission has approved the first leveraged Bitcoin futures exchange-traded fund (ETF). Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) becomes the first leveraged crypto ETF to get approved in the United States. On June 23, Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) received approval from the
In a recent report to TheNewsCrypto, a pseudonymous analyst unveiled an exciting multi-timeframe analysis of Bitcoin (BTC). The findings provide valuable insights into the leading cryptocurrency’s potential bullish rally, igniting anticipation among traders and investors. The Weekly Time Frame Unveils Promising Pattern According to the reports, upon careful examination of
Despite concerns surrounding the economy and regulatory actions targeting particular crypto exchanges, Bitcoin’s price exhibited remarkable resilience, surging past $30,000 and demonstrating sustained growth over the past few days. Reports indicate that the present value of BTC stands at $30,331.07, accompanied by a 24-hour trading volume of $31,662,818,930. Within the last
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has reached the $30K mark for the second time this year. The last time Bitcoin reached the 30K mark was in April 2023, according to CoinMarketCap. On May 21, Bitcoin experienced a significant surge that helped it reach the $30,000 trading
According to data from TradingView, Bitcoin dominance, which indicates the percentage of Bitcoin’s market capitalization relative to the total cryptocurrency market, has surpassed the 50% threshold. Based on the information provided by CoinMarketCap, BTC currently holds a market capitalization of $522 billion. Over the past eight months, Bitcoin dominance has
