Bitcoin’s computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins. Bitcoin’s network strength reached a new milestone in early April, even as miners ramped up their Bitcoin (BTC) sales to stay afloat. On April 5, the hashrate achieved historic 1 sextillion hashes per second on a daily basis, according to data from BitInfoCharts. Bitcoin miner revenue (monthly) | Source: Newhedge But while hashrate climbs, miner revenue remains under pressure. Bitcoin miners’ revenue in March dropped nearly 50% from March…
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Is The Bitcoin Open Interest Too High Or Can The BTC Price Still Rally?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin open interest has remained on the high side despite the price declines, suggesting that interest in the leading cryptocurrency by market cap remains abundant. This interest is…
Forget XRP At $3, Analyst Reveals How High Price Will Be In A Few Months
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP may have spent the past few weeks struggling to hold above the $2 level, but one analyst believes the recent price action is only in its early stages…
Bitcoin price targets new all-time high in emerging Shark Harmonic setup
Harmonic patterns are advanced trading structures that rely on Fibonacci levels and geometric price formations. Among these, the Shark Harmonic is a powerful setup that often appears after a period of market consolidation. Despite being classified as a bearish pattern, the Shark can offer bullish expansion opportunities before the final leg plays out. In Bitcoin’s case, this exact scenario seems to be unfolding. Bitcoin (BTC) is currently trading within a structure that resembles a bearish Shark Harmonic. This means that before the final leg (leg D) completes, the price could…
Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market
As traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of the precious metal that offer both price exposure and digital flexibility. Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have risen 24.15% and 23.7% respectively year-to-date to new all-time highs above $3,300, roughly matching the performance of spot gold. Their prices have since receded slightly to $3,265 and $3,244, respectively. While gold-backed cryptocurrencies surged so far this year, the wider cryptocurrency market has been in a downtrend. Bitcoin (BTC) has lost more than…
XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP has broken down from critical support levels, joining the broader crypto market in a wave of selling pressure driven by growing macroeconomic uncertainty. As risk sentiment weakens, bulls…
Best Meme Coins to Buy as Solana TVL Reaches All-Time High
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana has continued to attract deposits and hold its #2 position as far as TVL (Total Value Locked) is concerned. Despite $SOL’s falling price, its TVL numbers in April…
XRP High Stakes Setup: Analyst Warns Of Sharp Move To $17 Or $0.65
Renowned market analyst Egrag Crypto has shared another puzzling XRP price prediction stating the altcoin is at a major technical crossroads. This development follows a resilient price performance in the past week during which XRP gained by 2.07% as the broader crypto market stands bullish despite the announcement of new US trade tariffs. Ascending Wedge Signals Incoming Volatility — Which Way Will XRP Break? In an X post on April 5, Egrag Crypto issued a dual price forecast on the XRP market based on the potential implications of a forming…
Solana TVL hits new high in SOL terms, DEX volumes show strength — Will SOL price react?
Solana’s native token SOL (SOL) dropped by 9% between March 28 and April 4, but several key metrics grew during the same period. Despite SOL’s price downturn, the Solana network continues to outpace competitors, maintaining its second-place position in deposits and trading volume. Traders now wonder how long it will take for SOL’s price to reflect this onchain strength. Solana outperforms rivals in TVL deposits and DEX volumes Investor’s declining interest in SOL could be linked to the April 4 staking unlock of 1.79 million SOL, worth over $200 million.…
Mining Difficulty Rises 6.81% as Bitcoin Hashrate Hits Record High
Bitcoin’s hashrate reached a lifetime peak on April 5, climbing to 883 exahash per second (EH/s), a gain of approximately 21 EH/s compared to the previous record set on March 28. Bitcoin Miners Push Limits as Difficulty Hits 121.51 Trillion and Hashrate Peaks At press time, the Bitcoin network’s computing capacity is gliding at 876.24 […] Original