Ether.Fi (ETHFI) Price Gains 50% While Bitcoin (BTC), Ether (ETH) Slump as Liquid Restaking Narrative Heats Up

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Mining BTC Was More Profitable in February Than January: Jefferies

Bitcoin (BTC) mining was more profitable in February than in January as the price of the world’s largest cryptocurrency rose 15% while the network hashrate increased at a slower rate of 9%, investment bank Jefferies said in a research report on Monday. Publicly listed North American mining companies produced a smaller share of bitcoin compared with the previous month, slipping to 17.5% of the total network from 19%, as new hashrate came online from other sources, the report said. Hashrate refers to the total combined computational power that is being…

The Bitcoin Halving Could Accelerate Consumer Adoption of BTC

As on-chain network transaction fees continue to increase, network congestion will be offset by the shift to second-layer networks, which will in turn encourage a greater volume of transactions, some of which will happen on the main blockchain, which will push up processing fees. Ultimately, even with the rise of second-layer networks like Lightning, the net result will most likely be a steady increase in network fees as bitcoin becomes more widely adopted. Original

Bitcoin Sentiment Returns To Extreme Greed As BTC Breaks $71,000

Data shows the Bitcoin market sentiment has returned to the extreme greed territory as BTC has registered its rally beyond the $71,000 level. Bitcoin Fear & Greed Index Now Points To “Extreme Greed” The “Fear & Greed Index” is an indicator made by Alternative that tells us about the general sentiment among the investors in the Bitcoin and wider cryptocurrency market. This index represents the sentiment as a score between zero and hundred. To calculate this value, the indicator takes into account the data of these factors: volatility, trading volume,…

Bitcoin (BTC) Price Holds Steady Over $70K as Traders Say Waning ETF Inflows Not a ‘Concern’

“We also do not see the state of inflows into spot Bitcoin ETFs as any cause for concern,” Bitfinex analysts said in an email “Even though negative ETF outflows featured heavily last week, all of it is from the Grayscale Bitcoin Trust (GBTC), as investors both switch out of the higher fees demanded by GBTC and also take profit, especially as many of these investors are long-term holders who entered during the bear market.” Source

Roger Ver Rejects Blockstream CEO’s Invitation, Remains Loyal to Bitcoin Cash Over BTC

Roger Ver, an early Bitcoin investor, has decided to continue supporting Bitcoin Cash (BCH) over Bitcoin (BTC) despite an invitation from Blockstream CEO Adam Back to rejoin the Bitcoin community. Ver criticizes layer two blockchain solutions, like Back’s Liquid Network, as centralized or unreliable, maintaining that bitcoin cash more closely aligns with the original vision […] Original