The hype around companies holding Bitcoin on their balance sheets is fading, according to NYDIG. Investors are becoming less enthusiastic, and it’s showing in the stock prices. Shrinking Premiums: What’s Going On? The difference between a company’s stock price and the value of its Bitcoin holdings (its net asset value or NAV) is shrinking. This…
Crypto chatter is heating up, and some familiar faces are leading the conversation. Let’s dive into what’s trending. The Big Three: Bitcoin, Ethereum, and Dogecoin Bitcoin, Ethereum, and Dogecoin are dominating social media discussions in the crypto world. This isn’t just about price; people are talking about everything from institutional adoption and potential ETFs to…
Bitcoin’s price has been hanging tough above $110,000 lately, and some clever number-crunching shows it’s sitting pretty above some important support levels. Let’s dive into what those levels are and why they matter. Where Will Bitcoin Find Support? A crypto analyst recently shared some insights using a cool metric called the BTC UTXO Realized Price…
Bitcoin’s price has been pretty resilient lately, especially considering the bearish pressure it faced last week. A slight dip happened after some disappointing US jobs data, but Bitcoin’s staying above $26,000 shows investors are holding on. New data suggests the market might be shaking off some selling pressure and getting ready to move. Is Bitcoin…
Bitcoin mining just got a whole lot harder. Record Difficulty, Lower Hashrate The difficulty of mining Bitcoin recently hit a record high of 135 trillion. This means it takes more computing power than ever to successfully mine a block. At the same time, the total computing power (hashrate) used by the network has dropped slightly…
Bitcoin ended the day with a bit of a mixed signal, but it’s still hanging tough above a key support level. Let’s break down what’s happening. A Mixed Signal, But Still Strong The daily Bitcoin chart showed a “gravestone doji,” which is basically a candlestick pattern that indicates indecision in the market. However, the price…
Bitcoin’s price recently bounced back to around $111,000, but it’s still below its all-time high. Interestingly, while companies are holding a record amount of Bitcoin – a whopping 840,000 BTC by the end of 2025 – they’re buying a lot less than before. Record Holdings, Slow Purchases New data shows that institutional investors, particularly large…
Bitcoin mining is changing, and it’s going green! More than half the power used to mine Bitcoin now comes from renewable sources like solar, wind, and hydro. Let’s explore why. Why Renewable Energy is a Big Deal for Miners Bitcoin mining uses a lot of energy to secure the network and keep it fair. Unlike…
Bitcoin’s recent price surge has been incredible, but not everyone’s convinced it’ll last. A prominent analyst is warning of a massive crash, potentially wiping out almost all of Bitcoin’s gains. A 90% Bitcoin Price Drop? Here’s Why Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, recently predicted a brutal downturn for Bitcoin. He believes…
Bitcoin is testing a crucial support level, and whether September’s downturn signals a big change is the big question. Historically, September dips have often been followed by strong rallies in the fourth quarter, making this a make-or-break moment for Bitcoin’s price. Bitcoin Hits Bull Market Support Analyst Benjamin Cowen recently pointed out that Bitcoin briefly…
