As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as Hashprice Climbs Miners have seen a marked increase in profitability as BTC exceeded the $105,000 […] Original
Day: January 17, 2025
Solana Reclaims Monthly And Weekly Support Levels – Expert Sets $330 Target
Este artículo también está disponible en español. Solana (SOL) has made a remarkable recovery following Monday’s unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead. The rapid price increase has positioned Solana as one of the top-performing assets in the crypto market, signaling a potential shift in momentum. Related Reading Renowned analyst Jelle recently shared a detailed technical analysis, highlighting that Solana has…
Machine Learning Algorithm Predicts Dogecoin Price From January To December 2025
Este artículo también está disponible en español. CoinCodex’s Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year’s Second Quarter (Q2). Dogecoin Price Prediction From January To December According to CoinCodex’s price projections, Dogecoin is expected to start 2025 with modest growth, reaching a minimum target of $0.352 and a maximum of $0.386 by January. This predicted price suggests a potential Return On Investment (ROI) of approximately 6.7%, as of…
Wintermute Predicts US Bitcoin Reserve Consultations Will Spark Global Crypto Race
A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025. Ethereum Acquisition? Wintermute Predicts Public Company […] Original
Why Bitcoin Won’t Stop At $150K: Expert Targets $250K–$400K
Este artículo también está disponible en español. At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn’t do justice to Bitcoin, says one trader, arguing that the world’s flagship crypto asset is coming into this cycle with increasing institutional adoption. Related Reading According to Alex Becker (@ZssBecker), a $150k target is “too low and too short” and only represents 1/6th of gold’s market cap. Instead, Becker sees a price of…
Wyoming proposes Bitcoin investments for state funds
Wyoming lawmakers have introduced House Bill 0201, which aims to permit up to 3% of state funds to be invested in Bitcoin. The bill would apply to key funds, such as the general fund and the permanent mineral trust fund, marking a potential milestone in public fund management. If approved, the state treasurer could invest directly in Bitcoin (BTC) through secure custody solutions, registered custodians, or exchange-traded products. To ensure security, the bill mandates stringent custody protocols, including encrypted private key storage accessible only to the treasurer. Additionally, annual performance…
XRP Surges Past $3.2 As Whale Activity Spikes 81%
XRP has enjoyed a rally beyond the $3.2 mark as on-chain data shows the cryptocurrency is among the altcoins witnessing the largest whale activity spikes. XRP Whale Transaction Count Has Exploded Recently In a new post on X, the on-chain analytics firm Santiment has shared the list of altcoins that have seen the largest jumps in Whale Transaction Count during the past week. The “Whale Transaction Count” here refers to an indicator that keeps track of the total amount of transfers occurring on a given network that are carrying a…
MARA mines “Trump 47” block to honor first Bitcoin president
Publicly-traded Bitcoin mining company Marathon Digital Holdings has announced the mining of a “Trump 47” block to honor Donald Trump as the first “Bitcoin president” of the United States. MARA said in a statement on Jan. 17 that the visual marker now lives on the Bitcoin (BTC) blockchain, with this coming just days to the president-elect Donald Trump’s inauguration on Jan. 20. In addition to embedding an AI-generated image of Trump in the block, MARA also included the Bill of Rights and the U.S. Constitution. This move permanently preserves these…
Bitcoin ETFs Bounce Back With $1.38 Billion Inflows in 2 Days
Bitcoin and ether ETFs continued their strong recovery with successive days of inflows worth $626 million and $167 million respectively. Bitcoin ETFs Reverse Outflows With Consecutive Days of Significant Inflows U.S. spot bitcoin ETFs continued the show of strength with another day of strong inflows. Data from Sosovalue on Jan. 16 showed that $626.15 million […] Original
Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days
The price of Dogecoin (DOGE) is now one of the main focuses for potential price increases. Whales are said to have accumulated 200 million units of DOGE in the past 48 hours, which further excited the community. A Strong Hold Above $0.36 Dogecoin continues to show promise in its recent price action. The token now is trading at approximately $0.414, with an intraday high being $0.418 and the intraday low being $0.369. Importantly, the token has held firm above the $0.36 support level. Such price stability creates a great foundation…