Bitcoin Price Briefly Hits $67,200 as Bitfinex’s Analyst Forecasts Further Growth
According to a recent Bitfinex market report, the Bitcoin supply squeeze has already begun following the recent halving event.
Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009.
According to a recent Bitfinex market report, the Bitcoin supply squeeze has already begun following the recent halving event.
Binance is gradually losing its global trading market share to its many regulatory problems and increasing competition from other exchanges.
Fidelity continues to have a “neutral” outlook for Bitcoin stating that BTC is fairly priced with on-chain indicators also showing strength.
One of Hougan’s takeaways from the IMF Working Paper hinges on the fact that the organization is interested in Bitcoin.
The United Arab Emirates emerges as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation’s progressive stance on digital assets.
Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow.
Since the halving event, Stacks (STX) token surged by 20%, Elastos’ ELA token has surged by 11%, while SatoshiVM’s SAVM has seen a 5% increase in value.
A Swiss non-profit group is making a second attempt to convince the central bank to add Bitcoin to its national reserves.
While the Runes launch initially led to a surge in fees, it remains uncertain whether this represents a long-term, sustainable source of revenue for miners.
The Bitcoin race to $100K and beyond was triggered by the BTC halving event 2024 over the weekend amid heightened demand from institutional investors.