Bitcoin Hashrate Shows Rapid Climb To New Highs: Bull Run Here?
Data shows the Bitcoin Hashrate has been experiencing a rapid uptrend recently, a hint that miners expect the asset’s latest rally to continue. 7-Day Average Bitcoin Hashrate Has Been Exploring New Highs Recently According to data from Blockchain.com, the BTC network has seen its Hashrate shoot up recently. The...
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Mog Coin, Popcat Outshine Dogecoin, Shiba Inu As Bitcoin Leapfrogs $71,000 — ‘Buy The Cats And Wait The Months,’ Trader Says
Cat-themed coins like Mog Coin (CRYPTO: MOG) and Popcat (CRYPTO: POPCAT) are rallying as the broader altcoin market cheers Bitcoin’s (CRYPTO: BTC) leap above $70,000. What Happened: Coinmarketcap data shows cat-themed tokens coins approaching a total market capitalization of $5 billion, up 9.3% over the past 24 hours. Popcat and Mog...
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MatterFi Launches First Decentralized Private AI Agent For Payments
Fintech infrastructure company focused on security in digital finance MatterFi on Tuesday announced it has introduced what it claims to be the first decentralized and private AI agent for payments. What Happened: The Wyoming-based firm announced the launch at the Tokenize Conference in Las Vegas, positioning the new AI-powered...
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Seasonal Tokens: A Case Study For Emergent Phenomena In Decentralized Finance
When Bitcoin first emerged on the scene, it was hailed as a new way to conduct transactions, after all, it eliminates the need for a middleman or central authority. With Bitcoin, parties can transact anonymously and efficiently in real-time. Ethereum was next, ushering in virtual machines that enable applications...
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Trump-Harris Showdown Shines Spotlight On ‘Foreign-Influenced’ Polymarket: Early Investor Claims Prediction Markets More Reliable As They Offer ‘Economic Bounty On Truth’
The U.S. election cycle is racing to an exciting fish as Donald Trump and Kamala Harris prepare for a showdown on Nov. 5 to determine who’ll be the next White House resident. While candidates look for ways to boost their campaigns, a significant spotlight has fallen on prediction markets—platforms...
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Bitcoin Clips $71,500 As Wall Street, ETF Inflows Fuel Bullish Momentum — What’s Next?
Bitcoin (CRYPTO: BTC) surpassed $71,500 during European daytime trading hours on Tuesday, driven by record-breaking ETF inflows and heightened market activity in derivatives. What Happened: This price surge, up 4.1% over the past 24 hours at the time of writing, comes as Bitcoin spot ETFs experienced an influx of...
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Bitcoin Taps $69,000 With ‘Bullish Setup’ As US Elections Near: New ATH Soon?
Today, Bitcoin (BTC) briefly traded above $69,000, coming close to its all-time high (ATH) value of $73,737 recorded earlier this year in March. Bitcoin ‘Bullish Setup’ Reminiscent Of 2020 Rally After months of sideways price movement since March, BTC is continuously attempting to reach a new ATH as the...
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FTX Secures Massive $228 Million Agreement To Withdraw Assets From Crypto Exchange Bybit
In an ongoing effort to recover assets to repay creditors affected by its collapse in 2022, defunct crypto exchange FTX, once run by 25-year convict Sam Bankman-Fried, has reached an agreement with UAE-based crypto platform Bybit, allowing it to withdraw assets as part of a $228 million settlement. FTX...
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BRICS Nations To Adopt Bitcoin For Global Trade, Predicts VanEck Exec
In an appearance on CNBC’s “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at investment firm VanEck, forecasted a significant shift in global trade dynamics with the potential adoption of Bitcoin by BRICS nations. Sigel’s insights come amid growing fiscal policy concerns in the United States and increasing...
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Bitcoin To Hit $250,000 In 2024? Crypto Backers Bet On The Odds Of A Holiday Miracle
Bitcoin’s (CRYPTO: BTC) smashing rally past $71,000 has reinvigorated the market, but should one remain humble or prepare for something miraculous—like a run to $250,000 by year-end? What happened: After a nearly five-month wait, the leading cryptocurrency sailed above $71,000 and is now within touching distance of its all-time...
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