Although the crypto winter continues, investment management business BlackRock and wealth management firm Fidelity Investments quietly extend into the realm of bitcoin, ether, and other crypto assets. Investors are gradually losing hope in a rebound as the crypto winter drags on. Notwithstanding the devastating losses that have sliced the market and led BTC and ETH … Read more
According to the findings that Goldman Sachs has made public, Bitcoin’s absolute returns from the beginning of the year till now have seen gains of up to 51%. Many people believe that despite the fact that Bitcoin (BTC) has reached highs it hasn’t seen in a long time, there is still a lot of room … Read more
As a result of the Federal Reserve and the Federal Deposit Insurance Corporation assuring depositors that they could withdraw their money from Silicon Valley Bank, investors in cryptocurrencies have gained some confidence. The overall cryptocurrency market staged a resounding return early on Monday, March 13, and surged back above the $1 trillion milestone. The … Read more
On March 2, the top Bitcoin mining company, Marathon Digital Holdings Inc, which has roughly 9.5 exahashes, revealed its unaudited output and miner installation updates for February. Marathon Digital, currently valued at $760 million, generated 683 Bitcoins in February 2023 and around 1,370 Bitcoins for the quarter. The corporation activated around 18,800 Bitcoin Miners during … Read more
The next Bitcoin halving event is expected to occur in March 2024, according to data (1) from Bitdegree. The anticipation surrounding this event looks to be reaching a fever pitch. In the past, Bitcoin halvings have occurred around every four years, although it is impossible to forecast when the next one will take place accurately. … Read more
Bitcoin saw a loss of value for the third week in a row, even though its price is gradually increasing. According to the data (1) provided by CoinShares, the withdrawals totaled $12 million during the previous week, while the inflows hit $10 million.
As of July 24, Bitcoin (BTC) was holding steady at $22,000, and bulls were still hoping for a strong weekly close in the green. Price Concentration Levels at Weekend According to data from TradingView, BTC/USD stopped falling over the weekend at $21,900 and started to move back toward $23,000. The pair maintained a trading range … Read more
Edward Dowd, a former executive at Blackrock who is now an investment adviser, has emphasized that despite the recent upheaval in the cryptocurrency market, Bitcoin is here to stay and possesses the traits necessary to be included in the portfolios of all investors. During his appearance on the podcast by Layah Heilpern, Dowd reaffirmed his … Read more
The cryptocurrency market is seeing modest increases, driven by Bitcoin, after a challenging first half of the year marked by a massive sell-off. A surge in capital flowing into the market emphasizes the gains. According to data from Tradingview, the total market capitalization of all cryptocurrencies was $824 billion on July 13 and $952 billion … Read more