A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated with Bitcoin mining operations within the country. The data reveals that these operations are consuming […]
In a research report by ARK Invest, the potential trajectory of Bitcoin’s (BTC) value is meticulously analyzed, suggesting a monumental surge to $2.3 million. This projection is contingent upon a 19.4% allocation from the $250 […]
One of the largest banking groups in Germany intends to launch crypto trading services for interested customers this year. According to a Bloomberg report, the cooperative financial group, comprising more than 700 local banks, a […]
In a significant development for the cryptocurrency space, Bitcoin (BTC) is experiencing a surge in accumulation, reaching a three-year high in the Accumulation Trend Score. This indicates growing confidence from major players in the market. […]
As the 2024 Bitcoin halving approaches, investors speculate about the potential impact on Bitcoin’s price due to increased scarcity. Among several methods to predict Bitcoin’s price, the Bitcoin Stock-to-Flow (S2F) model stands out. Popularized by […]
The Europen Union is developing rules and regulations that could be equivalent to a defacto ban on Bitcoin by 2025. Moreover, the European Central Bank (ECB) is spearheading the effort with support from two other […]
The European Commission does not like Bitcoin and is planning a crackdown on mining operations. A recent report includes harsh labeling of digital assets. Moreover, EU regulators could curtail the electricity supplies to Bitcoin mining […]
Mark Cuban recently took to X on Monday afternoon for a spontaneous Ask Me Anything (AMA) session with his 8.8 million followers, where he touched on various topics, including crypto-related ones. When asked about his […]
The cryptocurrency market has once again garnered global attention with a significant shift in Bitcoin’s price. The extensive minting activity by Tether has ignited widespread discussions and in-depth analysis within the community. Prominent institutional investors […]
Bitcoin (BTC) has experienced little to no volatility in the past three days. On the other hand, the asset is in the green on a weekly scale. Altcoins that have also charted some gains in […]
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