Este artículo también está disponible en español. Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market. Related Reading Bitcoin Enters Final Pump Stage On September 19, ‘Stockmoney Lizards,’ a crypto analyst took to X (formerly Twitter)…
Tag: High
Crypto Analyst Says Bitcoin All-Time High Only A Month Away After Breaking $60,000
Este artículo también está disponible en español. Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months. New Bitcoin All-Time High Incoming The Bitcoin price chart is flashing bullish signals as the cryptocurrency is up above $60,000 once again. Earlier this month, Bitcoin jumped over the $60,000 mark but witnessed a minor correction that…
England and Wales High Court of Justice Court Considers Stablecoin Tether USDT as Property in Case
The case was brought by Fabrizio D’Aloia, who said he was the victim of a cryptocurrency scam, and relates mainly to crypto exchange Bitkub, named as one of seven defendants including two unidentified people and Binance, the largest crypto exchange by volume traded. The case against Binance was settled, according to the filing. Source
Tokenized Real-World Assets, Excluding Stablecoins, Hit Record High of Over $12B: Binance Research
Besides, Figure, a fintech company providing lines of credit collateralized by home equity, accounted for most of the market value of the on-chain private credit market. However, excluding Figure, the sub-sector has still experienced growth in terms of active loans, led by Centrifuge, Maple, and Goldfinch. Source
Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High
Este artículo también está disponible en español. A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners. On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining tracker CoinWarz. This metric, which has been climbing steadily, often aligns with market expectations for Bitcoin’s price movements. Post-Halving Challenges Following the April Halving, which reduced miners’ potential revenue by half, the Bitcoin price has dropped approximately 10% to a current trading price of $57,000. Per the report,…
Bitcoin (BTC) Yields as High as 45% on Offer in Pendle’s New Pools
The offering, which can also provide fixed yields of an annualized 10%, allows users to deposit LBTC, a liquid-staking token issued by restaking startup Lombard, in a Pendle pool made by Ethereum layer-2 network Corn. Data shows the pool has attracted over $13 million in user deposits since going live. It matures on Dec. 26. Original
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more […] Original
Bitcoin Slides, Yen Hits 8-Month High, as Harris Highlights ‘Opportunity Economy’ in Debate With Trump
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Ethereum Bullish Signal: Adoption Hits Four-Month High Rate
On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has recently created many wallets. The indicator of relevance here is the “Network Growth,” which keeps track of the total number of new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its first transaction on the chain. The Network Growth counts…
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says
According to the report published Monday, investment fraud was the most pervasive – and expensive – type of crypto-related fraud in 2023. Of the more than 69,000 reports of crypto-related crime the agency received last year, nearly half were reports of investment fraud, and investment fraudsters made off with a whopping $4 billion. And while crypto crimes only made up about 10% of the complaints the FBI received, the $5.6 billion figure was roughly half the overall loss by complainants. Source