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Bitcoin (BTC)

Flippening: Ethereum (ETH) Surpasses Bitcoin (BTC) in This Key Metric

The amount of Ethereum owned by long-term hodlers reached a record of over 70% in December, according to data from blockchain analytics firm IntoTheBlock. These committed holders have refrained from selling their Ethereum stash, contributing to the altcoin’s new benchmark. The latest ITB data also reveals that Ethereum has surpassed Bitcoin in terms of the percentage held by long-term holders, with the latter a little below the 70% mark. HODLers, individuals who hold onto...

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Bitcoin Miners Transaction Revenue Clocks 400% YoY Surge in 2023

Bitcoin (BTC) miners in 2023 have collected a daily average of $2 million in transaction fee revenue, according to data from Coinmetrics. The value reportedly showcases a 400% increase compared to last year’s averages. Bitcoin Miners Revenue Increases Year Over Year According to a Dec. 23 post on X (formerly Twitter) made by Jameson Lopp, the Co-founder and CTO of BTC self-custody solutions company Casa, Bitcoin miners generated revenue exceeding $10 billion in 2023, adding...

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This Is How ETFs Managed by TradFi Firms Could ‘Completely Destroy’ Bitcoin: Arthur Hayes

Arthur Hayes, the founder of the BitMEX crypto exchange, believes the success of the much anticipated Bitcoin exchange-traded funds (ETFs) will “completely destroy” the leading digital network. In a recent blog post titled “Expression,” Hayes opined that Bitcoin could die if all the BTC in circulation end up in the hands of traditional finance asset managers, most of whom are vying for the ETFs. Destroying Bitcoin Hayes explained that his prediction is based on the difference...

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These Are This Week’s Top Performers as Bitcoin Price Defends $43K (Market Watch)

Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now. Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent rallies. BTC Down to $43K After the unfavorable start of the previous business week, bitcoin went on the offensive on Wednesday and Friday and spiked above $44,000 during both trading...

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Here is Why Bitcoin (BTC) is Poised for a Strong Year-End

TL;DR Bitcoin’s Recent Surge: Bitcoin’s value increased from around $16,500 to nearly $44,000 this year, with predictions of a strong year-end based on historical Q4 performances. SEC’s Pending Decision: The US SEC’s decision on spot Bitcoin ETF applications, expected in Q1 next year, could significantly impact Bitcoin’s price. Key On-Chain Metrics: Increased BTC open interest suggests potential volatility, while positive exchange netflow indicates a possible rise in selling...

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Stellar Lumen (XLM) Price Aims Higher If It Clears This Hurdle

Stellar lumen price is rising toward the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1280 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like bitcoin. XLM price must...

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XRP Price Analysis: XRP Faces Uphill Task Near $0.65

XRP price started a fresh decline from the $0.630 resistance against the US dollar. The price is now trading below $0.622 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.620 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.598 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

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La Human Rights Foundation accorde 500 000 dollars à 18 projets sur Bitcoin

Mardi dernier, l’ONG Human Rights Foundation (HRF) a annoncé 18 nouvelles subventions accordées à des projets contribuant au développement de Bitcoin en tant qu’outil de résistance à l’oppression à travers le monde : – Mostro, une plateforme d’échange de bitcoin décentralisée fonctionnant sur le protocole Nostr. – Mi Primer Bitcoin, une organisation à but non lucratif proposant des cours open source sur Bitcoin en Amérique centrale....

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Ripple: Wird 2024 das Jahr von XRP?

Das Jahr 2023 neigt sich dem Ende zu, und viele Investoren und Krypto-Enthusiasten richten ihren Blick auf das kommende Jahr, insbesondere auf Ripple und seine Kryptowährung XRP. Ripple hat in der Krypto-Welt aufgrund seiner einzigartigen Technologie und Partnerschaften mit Finanzinstitutionen stets für Aufsehen gesorgt. Doch wird 2024 das Jahr von XRP sein? In diesem Artikel werfen wir einen Blick auf die möglichen Szenarien. Technologische Innovationen und Partnerschaften Ripple hat sich...

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