The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s. Fast forward to this week, and as BTC […]
GOAT, the AI-Launched Meme Token—Navigating the Regulatory Uncertainty of Autonomous Agents
In recent developments, a notable instance occurred involving a tech titan, Marc Andreessen, and an AI bot named Truth Terminal. Andreessen’s decision to grant $50,000 in bitcoin to this semi-autonomous AI agent, to fund hardware upgrades and launch a cryptocurrency token named GOAT, illuminates potential regulatory challenges that lie ahead. This episode underscores the blurred […]
Venezuelans Crave USDT as Dollar Exchange Rate Explodes
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success, with Tether adoption ramping up as an […]
3 signs that Bitcoin price is not ready to make a new all-time high
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.This post was originally published on this site
3 signs that Bitcoin price is not ready to make a new all-time high
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.This post was originally published on this site
3 reasons why Bitcoin (BTC) struggles to hold $64.5K
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment.This post was originally published on this site
Bitcoin options markets reduce risk hedges — Are new range highs in sight?
Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level. This post was originally published on this site
Bitcoin options markets reduce risk hedges — Are new range highs in sight?
Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level. This post was originally published on this site
Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.This post was originally published on this site
Bitcoin price shows strength above its recent lows — Here is why
A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.This post was originally published on this site