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Bitcoin Miners Generated Revenue Worth $1.68 Billion in November

Bitcoin Miners Generated Revenue Worth $1.68 Billion in November

Over the last month, it seems to be a good month for Bitcoin miners because they cashed in a whopping $1.68 billion.

6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply

6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply

Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.

Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum

Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum

With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam.

Bitcoin Needs to Break $51K Level for an Continuous Upsurge

Bitcoin Needs to Break $51K Level for an Continuous Upsurge

Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.

Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived

Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived

After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin finds itself on the receiving end because it has sunk to a two-month low.

Bitcoin’s Short-Term Interest Declines by 43% From an ATH Experienced in February

Bitcoin’s Short-Term Interest Declines by 43% From an ATH Experienced in February

Bitcoin has been stuck to its consolidation period between the $30K and $40K range for more than two months, making short-term interest nosedive to levels not seen since September 2020.

Bitcoin Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support

Bitcoin Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support

The number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as acknowledged by crypto analytic firm Glassnode.

Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom

Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom

Kim Dotcom acknowledges that a great market crash would facilitate the use of crypto as a common payment method instead of promoting speculation.

Crypto Markets Waver with $30 Billion in a Bitcoin Sell-Off

Crypto Markets Waver with $30 Billion in a Bitcoin Sell-Off

This bearish triangle pattern exhibited by Bitcoin for the past months reached its lowest- $8000

HSBC and Wells Fargo Utilize Blockchain Technology, Enhancing Foreign Exchange Transactions

HSBC and Wells Fargo Utilize Blockchain Technology, Enhancing Foreign Exchange Transactions

HSBC and Wells Fargo have formed a strategic agreement to use a settlement ledger powered by blockchain technology when undertaking foreign exchange (FX) transactions meant to minimize settlement risk.

Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH

Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH

More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.

18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin

18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin

Glassnode’s recent report shows that the number of Bitcoin addresses holding at least $1 million worth of Bitcoin has increased by 38%. Currently, there are 18,000 Bitcoin whales.

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