The recent surge in Bitcoin mining earnings to a record daily revenue of $78.6 million on March 7 has sparked significant interest in the cryptocurrency community. This increase in revenue comes at a time when Bitcoin’s value has experienced a 70% surge since the beginning of the year, surpassing the $70,000 threshold for the first
Crypto
Bitcoin’s recent rally to a new all-time high above $70,000 has caught the attention of analysts and experts who are closely monitoring its trajectory. According to Rekt Capital, historical patterns suggest that Bitcoin typically reaches its peak within a range of 518-546 days after its halving event. However, the current cycle seems to be exhibiting
Ethereum (ETH) has experienced significant price growth in recent weeks, surpassing the $4,000 level for the first time since December 2021. This surge has been fueled by a variety of factors, including favorable market indicators and upcoming network upgrades. Analysts and key indicators are optimistic about ETH’s future performance, with some predicting that the cryptocurrency
Over the weekend, Bitcoin saw a gradual increase in its price, ultimately leading to a fresh all-time high of nearly $73,000. The positive momentum continued into Monday, where the primary cryptocurrency surpassed previous records. Just a week ago, Bitcoin had skyrocketed by several thousand dollars, coming close to its 2021 all-time high of $69,000. The
Binance, one of the leading cryptocurrency exchanges, recently listed Metis (METIS) on its platform. This move is expected to have a positive impact on the price of METIS, as it can increase the visibility of the digital asset and enhance its liquidity. Official listings on major exchanges like Binance are often seen as a vote
Ethereum has been experiencing a rapid price rally in the last few weeks, surpassing multiple resistance levels. However, the current price has reached a significant level that might act as a barrier for further growth. The daily chart shows a consistent upward trend with higher highs and lows, leaving the 200-day moving average far behind,
In mid-January, spot Bitcoin ETFs were approved which resulted in a staggering 60% surge in crypto markets. This surge added a trillion dollars to the total capitalization. While Bitcoin reached a new all-time high during this period, Ethereum struggled to surpass the $4,000 level decisively. Fox Business correspondent Eleanor Terrett recently reported that optimism surrounding
Russia, as a key member of the BRICS alliance, has taken a significant step towards revolutionizing trade settlements by announcing the development of a new blockchain-based payment system. This system is intended to serve as an independent mechanism for conducting transactions among BRICS member nations, including Brazil, India, China, and South Africa. The decision to
The Stanford Blyth Fund, a student-run investment entity at Stanford University, recently made a significant investment in Bitcoin (BTC) after a compelling pitch by a computer science major. This move has garnered attention and sparked discussions about the adoption of digital assets in traditional financial institutions. The decision to purchase Bitcoin at $45,000 in February
Bitcoin’s price is currently on the verge of breaking its previous all-time high to the upside. This surge has propelled the cryptocurrency into uncharted territories, making it difficult to predict its future potential accurately. When analyzing the daily timeframe, it is evident that the price is inching closer to the $70K level, with the possibility