Bitcoin DeFi TVL up 2,000% amid bumper 2024 for BTC price, adoption
The 22-fold increase was attributed to Bitcoin staking developments, the launch of spot Bitcoin ETFs in the US and BTC’s soaring prices during 2024.This post was originally published on this site
Bitcoin records 129% year-to-date gain seven months after halving
According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges.This post was originally published on this site
Solana chart 'cup-and-handle' positions SOL price for potential 2000% rally
SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.This post was originally published on this site
Solana chart 'cup-and-handle' positions SOL price for potential 2000% rally
SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.This post was originally published on this site
Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […]
Bitcoin set for 3-month historic rally as analysts eye $92K BTC
According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up.This post was originally published on this site
Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review
Data highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial analyst Vladislav Antonov projected growth for the Hamster Kombat token post-airdrop. Meanwhile, China and Russia’s payment flows are under strain due to new sanctions targeting Chinese firms aiding Russia’s war effort. India’s HDFC Bank introduced enhanced […]
Binance-backed Bitcoin DeFi protocol Zest launches yield-bearing BTCz token
The Bitcoin halving has catalyzed a wave of interest in creating DeFi capabilities for Bitcoin, the world’s first blockchain network.This post was originally published on this site
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects […]
Bitcoin mining CEO eyes hashrate contracts to offset rising costs
The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners.This post was originally published on this site