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Bitcoin’s Value Soars to New Heights After Halving Cycles, Reveals CoinGecko Analysts A recent report revealed that with each halving of mining rewards, the BTC rate surged by an astounding average of 3,230%. Take for instance the first halving on November 28, 2012, where the reward was slashed from 50 BTC to 25 BTC. In … Read more
$30,175 Bitcoin, valued at a whopping $2.1 billion, has been transferred by the US Government from the infamous Silk Road to the digital realm of cryptocurrency exchange Coinbase. Amidst a rollercoaster ride for Bitcoin, the latest transfer has sent shockwaves through the cryptocurrency world. The value of Bitcoin has taken a dip, reaching a weekly … Read more
The crypto world was shaken on Monday as Bitcoin experienced a 4.5% drop before making a comeback. But Tuesday has proven to be even harsher. The question on everyone’s mind now is: will Bitcoin rebound from its current level, or will the market present a golden chance to snag some Bitcoin at a bargain price? … Read more
The infamous Bitcoin is currently experiencing a downward trend, as revealed by the daily chart. Despite the unwavering confidence of its supporters, this drop in value is causing a stir in the crypto world. After a sudden plunge during the Asian trading session, the only way for the uptrend to continue is if there is … Read more
The crypto market was ablaze with red hues in the wee hours of Tuesday, as Bitcoin took a nosedive of over 6%. Its value plummeted to a low of 66K before finding stability near 67K, all thanks to a surge in demand for the safe haven currency. Meanwhile, the US dollar index soared to a … Read more
The latest acquisition has given their reserves a major boost just in time for the highly anticipated Bitcoin halving. And get this, their treasury now holds over 75,000 Bitcoins, all purchased at an average price of $30,305. Tether has ramped up its Bitcoin reserves, now reaching a staggering $5.3 billion. And that’s not all – … Read more
Bitcoin futures have exploded with a staggering $38 billion in open interest, fueled by a jaw-dropping 10% surge in BTC price this week. The crypto world is buzzing with excitement as investors eagerly anticipate what’s to come. Bitcoin fever is spreading like wildfire as investors flock to the digital currency, eagerly anticipating its future price … Read more
Amidst a sluggish market, spot Bitcoin ETFs have emerged triumphant with a sudden surge as the crypto world rebounds. In a single day, March 26, they have amassed a whopping $418 million in inflows, signaling a promising comeback. The ETF market is riding the wave of Bitcoin’s epic comeback! In just one day, a whopping … Read more
Bitcoin stands strong at $70,004 (BTC/USD) in the ever-changing market, showing only a slight dip of 0.92% since Tuesday. The digital currency seems to have hit a new obstacle, with this price point proving to be a tough nut to crack during yesterday’s trading as well. Potential investors may be claiming they’ll sell at a … Read more
Bitcoin’s tumultuous week has taken a dramatic turn as the five-day streak of outflows, caused by Grayscale’s Spot ETF selling, has been abruptly halted by a staggering $418 million inflow on Tuesday. For an entire week, the Grayscale Bitcoin Spot ETF (GBTC) unleashed a frenzy of massive $BTC sales into the market, while the other … Read more