Bitcoin (BTC)

The high-tech industry continues to make active inroads into the blockchain industry, proposing and building out new solutions that make Web3’s products better and more usable by mainstream folks as well as sophisticated industry participants. 1. Block CEO Jack Dorsey – Bitcoin Bull Back in 2021 at “The B-Word” conference by Crypto Council for Innovation, on a panel alongside Cathie Wood and Elon Musk, Dorsey said, “It’s deeply principled, it’s weird as hell [and] it’s always...

Réalisation : Guillaume Goualard pour Grand Angle Crypto

The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden correction, dropping below $61K and losing around 3.5% in a single day. This seemingly had to do with...

BlockDAG’s dazzling display at London’s Piccadilly Circus heralds its listing on CoinMarketCap, signaling a boost in global interest towards the technology, propelling its anticipated value to $30 by 2030.  Currently in its 11th presale batch, priced at $0.007 per coin, BlockDAG has successfully raised a significant $24.7 million. This impressive market presence contrasts starkly with the fluctuating prices of Toncoin and the declining interest in U.S. Bitcoin...

Marathon Digital, a Bitcoin mining company, fell short of revenue expectations set by Wall Street analysts in the first quarter 2024 report. The firm cited adverse weather conditions and equipment malfunctions as contributing factors to the lower-than-expected performance. Marathon Digital Faced Production Setbacks Despite a year-on-year revenue growth of 223% to $165.2 million, as disclosed on May 9, the company’s performance still trailed the projected estimate of $193.9...

TL;DR Bitcoin kicked off 2024 on a high note, achieving a record high over $73,500, though it later dipped to around $63,000. A new bull run may hinge on factors like technological advances, adoption rates, and global events. Key influences on BTC’s future price include potential changes in the US Federal Reserve’s interest rate policies and the outcome of Ripple’s lawsuit against the SEC, both of which could significantly impact investor sentiment and market dynamics. The...

Bitcoin’s price rally has come to a halt over the last couple of months as the market consolidates. Yet, things are about to change soon, either for the better or for the worse. Technical Analysis By TradingRage The Daily Chart On the daily chart, it is evident that the Bitcoin price has been consolidating inside a large descending channel. The midline of the channel has recently rejected the price to the downside, and the market is testing the $60K level once again. If this...

The concept of liquid restaking, a topic that has gained significant popularity in recent quarters, offers users the exciting possibility to extract additional value from their staked tokens. Predominantly, however, this has been applied throughout a variety of Ethereum-based applications. BounceBit, on the other hand, is delivering a BTC restaking infrastructure designed to provide a foundational layer for various restaking products. In the following guide, we take a closer...

The leader in Bitcoin mining has announced its financial performance for the first quarter of 2024, revealing an improvement since its emergence from bankruptcy. The company reported a net income of $210.7 million compared to a net loss of $0.4 million for the same period in 2023. Core Scientific’s Q1 Results Total revenue surged to $179.3 million, an increase from the $120.7 million recorded during the same period last year. Operating income also increased significantly,...

In the cryptocurrency sphere, a “bull run” is a term for a period during which the majority of cryptocurrencies, both major and alternative, experience an increase in their market value. This surge typically happens when the demand for crypto tokens surpasses the available supply. High demand combined with limited supply tends to lift market confidence, causing rapid increases in the prices of cryptocurrencies. This article explores the top eight cryptocurrencies...