Ethereum Price Falls as Layer 2 Solutions Gain Traction: Are L2s Straining Ethereum?
The CoinDesk Bitcoin Price Index (XBX) serves as a key global reference for tracking the price of bitcoin within the...
Day: September 11, 2024
Texas Oil Town Shaken by Presence of World’s Largest Bitcoin Mine
In a previous October, Sawicky spearheaded a weeklong demonstration in collaboration with the environmental advocacy group Greenpeace, brandishing various anti-bitcoin...
August Sees Decrease in Bitcoin Mining Profits, According to Jefferies
Bitcoin mining faced reduced profitability in August compared to July, according to a report by investment bank Jefferies. The bank...
Bitcoin Price Drops Following Exclusion of Crypto in Presidential Debate by Trump and Harris
Bitcoin faced a slight setback on Wednesday, with a 1.5% drop bringing its price to $56,500 following the U.S. presidential...
SHIB Coin Could Surge by 7,100% with Ethereum Reaching ARK Invest CEO’s Forecast
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Bitcoin ETFs Being Embraced by Investment Advisors at Unprecedented Speed, According to Bitwise CIO
Investment advisors are showing a remarkable inclination towards Bitcoin exchange-traded funds (ETFs), according to Bitwise CIO Matt Hougan, who asserts...
Bitcoin Active Addresses Decline to 3-Year Lows: Insights from Latest Crypto Report
The Bitcoin price has been facing challenges in Q3 2024, leading to a decrease in activity levels not witnessed in...
Exploring Based Rollups: Ethereum’s Newest Advancement in Scalability
Based rollups, a novel scaling solution, are gaining prominence for their ability to align incentives between Ethereum's layer 2 (L2)...
Bitcoin sees $750M in net outflows, highest since May
Cryptocurrencies have been making headlines in recent years, with Bitcoin being the most well-known among them. However, there are thousands...
Indodax, Indonesian Crypto Exchange, Hacked for $22M, Halts Operations Amid Looming Threat
A recent incident at Indodax, a centralized cryptocurrency exchange catering to the Indonesian market, involved the theft of a relatively...
Bitcoin Approaching Crucial Stage, Top Trader Predicts
Bitcoin, the foremost cryptocurrency by market capitalization, is said to be approaching its "grand finale," according to the pseudonymous trader...
Bitcoin Capital Flow Shifts to Long-Term Holders, Data Indicates Potential Bull Run
A recent analysis of the market has unveiled a notable shift in Bitcoin capital flow, moving from short-term holders to...
