The difficulty in mining Bitcoin has surged to a new record level, hence squeezing profit margins. Reaching 92.67 trillion, the difficulty index exceeded the previous record peak of 90.67 trillion set in July this year. This 3.6% rise represents the…
On-chain data shows the Bitcoin Puell Multiple has recently declined into the historical bottom zone as BTC’s continued consolidation. Bitcoin Puell Multiple Is Now Under The 0.4 Level As an analyst in a CryptoQuant Quicktake post explained, the BTC Puell Multiple has…
US-based spot Bitcoin (BTC) exchange-traded-funds (ETFs) saw a net outflow of $43 million on September 11, 2024, following two days of inflows, data from SoSoValue confirms. Ark Invest and Grayscale Lead Bitcoin ETF Outflows According to data from SoSoValue –…
Este artículo también está disponible en español. Solana-based memecoin POPCAT has become a market sensation in the last few months. The token has led the feline sector, becoming the first cat-themed cryptocurrency to reach a $1 billion market capitalization. Whales…
Ethereum co-founder Vitalik Buterin has been in the spotlight for the last few weeks for the 950 ETH selloff from an address associated with him. The sales have sparked concerns among investors who found the transactions suspicious despite Buterin’s previous…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and…
On-chain data shows the Bitcoin Active Addresses metric has plunged to very low levels recently. Here’s what this could mean for the asset’s price. Bitcoin 30-Day MA Active Addresses Now Down To Just 1 Million As explained by CryptoQuant author…
Este artículo también está disponible en español. Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy…
In the ever-evolving world of cryptocurrency assets, it is believed that most digital assets possess speculative bubble characteristics, demonstrating uncertainty about the stability of their value. However, a market expert has claimed that XRP’s value remains robust and free from…
Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost…