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
Mining
Bitcoin has once again proven its dominance in the financial world by surpassing $71,000, setting a new record and solidifying its position as the digital counterpart to gold. The cryptocurrency market has witnessed a remarkable surge in value since early March, with Bitcoin reaching an all-time high of $72,750 today. This achievement represents a 5%
The Biden administration recently unveiled its proposed budget for 2025, containing significant provisions aimed at regulating digital assets. These regulations are projected to result in an increase of nearly $10 billion in tax revenue by 2025. The primary objective of these measures is to address a loophole that has allowed affluent crypto investors to exploit
The price of bitcoin has skyrocketed, surpassing the $70,000 mark, which has sparked excitement among investors. The cryptocurrency experienced a steady increase throughout the week, with a 12% rally, driven by the introduction of spot bitcoin exchange-traded funds (ETFs) in the United States. Currently, Bitcoin is trading at $69,436, with a 2% gain in the
Cryptocurrency enthusiasts have been abuzz recently following a bullish prediction made by well-known analyst Willy Woo. With a track record of successful forecasting in the past, Woo suggested that a significant surge is on the horizon for Bitcoin (BTC). This prediction comes on the heels of the long-awaited approval of spot Bitcoin ETFs, which allows
The Spanish data protection regulator, AEPD, recently issued a directive to Worldcoin instructing the company to cease the collection of personal data in Spain. This decision comes after a series of complaints were lodged against Worldcoin, raising concerns about the transparency of their data processing practices. In particular, there have been questions about the accuracy
Marathon Digital, a prominent Bitcoin mining company based in the U.S., has recently released its quarterly earnings report for 2023. Surprisingly, the company has exceeded analysts’ expectations by a significant margin. Despite this positive news, Marathon’s stock price experienced a slight dip shortly after the announcement. However, this may just be a temporary setback. In
In the ever-evolving world of cryptocurrency trading, traders are constantly on the lookout for the next big opportunity to make quick profits. With Bitcoin consolidating just below recent highs and other major coins taking a breather from rallying, the focus has shifted towards the volatile and high-risk world of shitcoins. These lesser-known coins, often created
In a recent turn of events, the Energy Information Administration (EIA) has decided to halt its controversial survey of crypto mining firms due to a lawsuit filed by Riot Platforms and the Texas Blockchain Council. This decision came after the lawsuit was launched on Feb. 22, naming the EIA, the Department of Energy, the Office
The price of Bitcoin (BTC) has recently surged past the $52,000 mark, sparking optimism among investors. The well-known cryptocurrency analyst, Titan of Crypto, has predicted a potential “Bull Flag formation” for Bitcoin in the near future. According to Titan of Crypto, Bitcoin is currently retesting the Tenkan indicator, with a near-term price target set at