Tag: Crypto

Using self-produced LD3 Miners, BIT Mining is responsible for 1.32% of the global Litecoin and Dogecoin Network Hash Rate AKRON, Ohio, Dec. 4, 2024 /PRNewswire/ — BIT Mining Limited (NYSE:BTCM) (“BIT Mining” or the “Company”), a leading technology-driven cryptocurrency mining company, today announced the Company’s continued commitment to self-mining...

Data shows the Bitcoin HODLer balance has registered a drop of around 9.8% this bull run. Here’s how this figure looked for previous cycles. Bitcoin HODLers Have Seen Their Holdings Go Down Recently According to data from the market intelligence platform IntoTheBlock, the Bitcoin long-term holders have gradually been...

A dormant whale resurfaced after 11 years on Tuesday, moving over $250 million worth of Bitcoin (CRYPTO: BTC). What Happened: According to the on-chain tracking platform Lookonchain, the investor suddenly became active, moving 2,700 BTCs to a new address. The total value of the transferred Bitcoin was estimated to be $257.45...

According to a recent report by Bitfinex, Bitcoin (BTC) breaking through the psychologically significant $100,000 barrier will largely depend on the actions of two key holder cohorts – long-term holders (LTH) engaging in profit-taking and short-term holders (STH) driving demand. Short-Term Holder Demand Critical To Propel Bitcoin To $100,000...

Following Gary Gensler’s departure announcement from the Securities and Exchange Commission (SEC), new reports claim that re-elected US president Donald Trump is set to unveil his pick for the new SEC chairman in the coming days. A New Crypto Era About To Begin As we approach the end of...

A crypto analyst says a “flash crash is likely” but views it as a buying opportunity, signaling optimism for the long term....

A widely-followed cryptocurrency analyst reiterated his bullish forecast for Dogecoin (CRYPTO: DOGE) on Tuesday, calling the $1.30-$1.50 range a “point of interest.” What Happened: Kevin, known for sharing insights and forecasting price movements of the world’s largest meme coin, reaffirmed his predictions from September. “This is still my opinion. Anything...

The cryptocurrency exchange market appears to have undergone a transformative shift in 2024, driven largely by a significant uptick in institutional activity. According to insights shared by CryptoQuant on its QuickTake platform, major exchanges are witnessing unprecedented growth in Bitcoin and USDT deposits. This trend highlights the increasing confidence...

Cryptocurrencies traded at big discounts in the South Korean market Tuesday but recovered amid intense political drama in the East Asian nation. What happened: Major coins like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) sharply fell in value on Upbit, South Korea’s largest cryptocurrency exchange.  Bitcoin plunged as low...

Cardano has processed over 134,000 transactions per second (tps), marking a significant milestone in the platform’s development. Charles Hoskinson, CEO of Input Output Global (IOG), shared his enthusiasm on X, stating, “Not bad Cardano. #HailHydra,” alongside a screenshot displaying 134,464 tps. Not bad Cardano. #HailHydra pic.twitter.com/eizTRjc9Ii — Charles Hoskinson...