Bitcoin’s difficulty just reached a new record high. This means that it’s getting harder for miners to add new blocks to the blockchain. What’s the deal with difficulty? Bitcoin’s difficulty is a measure of how hard it is for miners to solve complex mathematical problems to verify transactions and add new blocks to the blockchain….
Bitcoin exchange-traded funds (ETFs) experienced a significant drop in investments on Monday, marking their second-largest single-day outflow since they launched earlier this year. This comes after a week of positive performance, with the ETFs seeing a record inflow of $2.2 billion just last week. A Sudden Shift in Sentiment The recent downturn in Bitcoin ETF…
Bitcoin just hit a new record high, topping $74,500! This surge comes as betting sites are showing Donald Trump with a strong chance of winning the presidency. Betting on Trump Polymarket, a popular online betting site, now gives Trump a 92.2% chance of winning the election. News outlets are also reporting that Trump is currently…
Crypto analyst Benjamin Cowen, known for his accurate predictions, thinks altcoins are about to take a major dive. He’s predicting a “grand finale” for the altcoin market, with prices plummeting against Bitcoin. Altcoins to Suffer Big Losses Cowen says the altcoin market, represented by TOTAL3 (which includes all cryptos except Bitcoin, Ethereum, and stablecoins), is…
Citigroup is getting ready to capitalize on market swings caused by the upcoming election. The bank’s equity strategist, Scott Chronert, believes the S&P 500 is currently fairly valued, but the election could push the market in either direction depending on who wins. “Trump Rip” or “Harris Dip”? Chronert predicts that a “Trump rip” (a surge…
Circle CEO Jeremy Allaire believes that stablecoins are on track to become a globally regulated financial network. He sees Circle as a test case for how stablecoins can be integrated into the global financial system. Stablecoins: A Global Experiment Allaire sees stablecoin regulation as still in its early stages, but he expects to see clear…
The 2026 US midterm elections are already shaping up to be a major battleground for the cryptocurrency industry. Crypto advocates are determined to elect politicians who will support a favorable regulatory environment for digital assets. Fairshake: A Crypto-Friendly Super PAC Fairshake, a political action committee (PAC), is leading the charge for pro-crypto policies. They’re mobilizing…
Bitcoin’s price has been on a tear lately, but there’s a new wrinkle in the market. Long-term holders, those who have been holding onto their Bitcoin for over a year, are starting to sell. What’s Going On? Data shows that these “diamond hands” have been accumulating Bitcoin during the bear market and the recent rally….
Bitcoin is on the verge of something big. It’s about to break its all-time high, and if it does, it could trigger a massive rally across the entire crypto market. Long-Term Holders Are Selling, But It’s a Good Thing There’s a lot of buzz about Bitcoin’s potential right now, and it’s not just hype. Data…
Mt. Gox, the once-mighty crypto exchange that went belly up in 2014, is back in the news. They just moved over 32,000 Bitcoin, worth a whopping $2.19 billion, to an unknown address. A Big Move This transfer happened while Bitcoin’s price was hanging around $65,000 to $73,000. Experts think this move is related to the…
