Over the past two weeks, Bitcoin’s hashrate has fallen by nearly 100 exahashes per second (EH/s) — signaling a slowdown in global mining activity. This decline coincides with a $2 drop in mining revenue per petahash (PH/s) since last month, reflecting tighter profit margins for miners amid fluctuating network conditions. Global Bitcoin Hashrate Pulls Back […] Original
On-chain analytics firm CryptoQuant has explained how there aren’t any signs of a Bitcoin price peak yet, based on this indicator. Bitcoin Net Realized Profit/Loss Is Still At Moderate Levels In a new post on X, CryptoQuant has shared the latest trend in the Bitcoin Net Realized Profit/Loss. This indicator tells us about whether the Bitcoin investors are selling their coins at a net profit or loss. The metric works by going through the transaction history of each token being spent to see what price it was moved at before…
BitMEX co-founder Arthur Hayes has agreed that the four-year crypto cycle is dead, but not for the reasons most people believe. “As the four-year anniversary of this fourth cycle is upon us, traders wish to apply the historical pattern and forecast an end to this bull run,” said Hayes in a blog post on Thursday. He added that while the four-year pattern worked in the past, it is no longer applicable and “will fail this time.” Hayes argued that Bitcoin (BTC) price cycles are driven by the supply and quantity…
According to economist Timothy Peterson, Bitcoin has a 50% chance of topping $140,000 before the month ends. He posted that likelihood on X and backed it with simulation work that uses a decade of price moves to map likely outcomes. Related Reading Simulation Based On Historical Data Peterson said the model runs hundreds of simulations using daily Bitcoin prices going back to 2015. Based on those runs, he put the chance Bitcoin finishes the month above $140,000 at 50%. He also gave a 43% probability that the price will end…
As Bitcoin (BTC) resumes recording new all-time highs (ATH), focus is back on key price levels that could provide investors with an idea about the next possible resistance levels that may see a sell-off in BTC. Fresh on-chain data offers a map of BTC’s most important price levels. Bitcoin May Face Resistance At These Levels According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the cost basis (Realized Price) of BTC Short-Term Holders (STH) provides a snapshot of important support and resistance zones. Related Reading Notably, the STH Realized Price…
While most eyes remain fixated on Bitcoin’s price swings and ETF inflows, the real revolution is unfolding quietly in its code. This silent evolution is redefining how value, contracts, and trust can operate on the leading secure blockchain. How Layer-2s Are Turning Bitcoin Into A Dynamic Ecosystem Bitcoin’s new all-time high (ATH) is dominating the timeline, but it’s not the real story. Under the surface of price charts and speculation, a quiet technological revolution is taking shape and could redefine BTC’s utility in the ecosystem. In an X post, High…
Bitcoin kicked off October full of vim and vigor, blasting to a fresh all-time high above $126,000 as “Uptober” lived up to its hype—while a jittery U.S. economy and government shutdown added drama to the backdrop. Bitfinex Analysts: October’s Seasonality Signals More Bitcoin Upside This week, Bitfinex analysts explained that bitcoin’s blistering comeback saw it […] Original
XRP’s price history and trajectory have always caused debates among cryptocurrency enthusiasts, especially when compared to Bitcoin’s growth. Bitcoin has soared more than sixfold in the past seven years, but XRP is still trading around $3.02, roughly the same level it was trading at in early 2018. This comparison recently resurfaced in a post by analyst Adam Livingston on the social media platform X, who pointed out that XRP’s lack of progress stands in stark contrast to Bitcoin’s 608% surge during the same period. In response, Digital Asset Investor, a…
Bitcoin’s options pit stayed rowdy Monday evening as the price cooled to $124,843 at 8 p.m. EST after a quick rip to the $126,272 lifetime high. Options Appetite Climbs With Price as ETFs and Macro Tailwinds Bite On the options board, calls still carry the baton. Coinglass.com stats show calls represent 59.77% of open interest […] Original
Bitcoin surged past $126,000 this week, driven largely by retail and non-institutional flows. With exchange-traded fund (ETF) inflows paused, the move signals renewed market confidence and growing retail momentum heading into October. Bitcoin Broke Highs Without Wall Street’s Help Bitcoin extended its record-breaking rally over the weekend, climbing above $125,000 in thin Sunday trading, this […] Original