Ethereum could be on the verge of a major breakout, with predictions suggesting it could hit $3,000 next month. According to CoinCheckup, a popular cryptocurrency market prediction platform, Ethereum should surge by 51% over the next three months. With such a positive forecast, the current drop in Ethereum price is a sign of a Ethereum … Read more
The historical Bitcoin Spot Exchange Traded Funds (ETFs) They have been a fundamental development for the entire cryptocurrency sector, attracting both retail and institutional investors. Recent data shows that institutional investors in the products have witnessed a notable increase as BTC remains stable. Institutional ownership of spot Bitcoin ETFs on the rise In a recent … Read more
A milestone has been reached in Bitcoin Offering schedule – 94% of the total Bitcoin supply They have now been issued through mining. Out of a total of 21 million hard-capped BTC, more than 19.74 million have been mined so far. The Bitcoin supply is issued through mining, where computers validate transactions and receive Bitcoin … Read more
Recent debates in the cryptocurrency space have cast doubt on Bitcoin’s dominance and its future trajectory. Analyst Benjamin Cowen is skeptical about Bitcoin’s dominance returning to its previous highs, while other analysts believe that Bitcoin’s dominance has already peaked. Despite concerns about a possible sharp drop in BTC price, experts like Samson Mow remain confident … Read more
An Indian man allegedly kidnapped two men involved in the $2.4 billion BitConnect Ponzi scheme to recover losses. Shailesh Babulal Bhatt was an investor in BitConnect Coin, a token that circulated as the platform’s native cryptocurrency, and according to a statement According to a report by India’s Enforcement Directorate, Bhatt and his accomplices kidnapped two … Read more
Key points 75% of Bitcoin hasn’t moved in over six months, showing a strong holding pattern. An increase in holdings may reduce the trading supply of Bitcoin, which could push prices up, but CryptoQuant’s report suggests that Bitcoin could face a capitulation from miners. Share this article Around 75% of circulating Bitcoin has been sitting … Read more
Stock markets have shown signs of recovery, but the same cannot be said for cryptocurrency markets, which are facing stiff resistance. Volatility could rise again as all eyes will be on this week’s Federal Open Market Committee (FOMC) meeting and minutes, as well as economic data. data reports. Economic events from August 19 to 23 … Read more
Cardano founder Charles Hoskinson made a bold move to bolster security when he issued a challenge that riled the crypto community. In his keynote speech at the Rare Evo 2024 event, Hoskinson issued a challenge to anyone who could hack the newly launched Lace Paper Wallet, for a cash prize of $1 million. It’s not … Read more
Disclaimer: This article does not constitute investment advice. The content and materials appearing on this page are for educational purposes only. Cryptocurrency market stabilizes as Toncoin rises after Binance listing, while Shiba Inu falls. DTX Exchange presale gains popularity. It seems that the cryptocurrency market has finally decided to end its roller coaster ride, leaving … Read more
Hut 8 Corp. (HUT), one of North America’s leading Bitcoin miners, announced its financial results for the second quarter ending June 30, 2024. The company reported a net loss of $71.9 million despite a 72% year-over-year increase in revenue to $35.2 million. Hut 8 Second Quarter Financial Results In an August 13 press release, Hut … Read more
