Bitcoin may be struggling to rally past its all-time high of $112,000, but miners are going through a tougher time. They have recently recorded some of their worst paydays in history. On-chain data, including the Miner Profit/Loss Sustainability metric, analyzed by the market intelligence platform CryptoQuant, revealed that miner revenues have declined significantly. However, this…
The Pi Network price remained under pressure over the weekend, despite management’s notable announcements on Pi Day 2. Pi Coin (PI) dropped to $0.532, down by 20% from its highest point last week and 68% from its May high. This retreat has brought its market capitalization to about $4 billion. In an announcement on Pi…
Key Takeaways Bitcoin declined after the Core PCE inflation gauge exceeded expectations, signaling mild inflationary pressure. US consumer spending and personal income both decreased, indicating potential weakening in economic momentum. Share this article Bitcoin dropped below $107,000 early Friday after the core Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, ticked higher than…
Now that tensions between Israel and Iran have temporarily eased, analysts are turning their attention back to Bitcoin’s next major move. Earlier in the week, Bitcoin price briefly dipped below the $100,000 mark following Iran’s missile strikes on U.S. military bases in Qatar. Although the price rebounded to $108,000 by Wednesday, derivatives data suggests that…
The transformation of Bitcoin (BTC) from speculative novelty to a cornerstone of global finance is gaining momentum, with more than $544 billion in fresh capital flooding the network since late 2022. A new report from Glassnode and Avenir Group has uncovered a “liquidity trifecta” of on-chain dynamics, market microstructure, and macro linkages underpinning the original…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana rebounds on ETF optimism, XRP eyes breakout, and XYZVerse draws buzz with 25,000% rally potential. Significant shifts are unfolding in the cryptocurrency arena. Solana is climbing after hitting a key support level, with…
Share this article In the fast-paced world of cryptocurrency trading, keeping track of your trades can often be the key to success. Crypto markets can be volatile, with prices fluctuating rapidly and unpredictably. For many traders, the excitement of making quick decisions can sometimes lead to mistakes or missed opportunities. This is where the power…
In the latest Africa crypto news: South Africa crypto payments hit 2M Rand monthly as Kenya eliminates its 3% crypto tax. Yellow Card seeks to expand stablecoin use. South Africa remains a continental trailblazer, with Luno Pay crypto retail payments averaging 2 million Rand monthly. In Kenya, Parliament has eliminated a 3% tax on gross…
TL;DR The meme coin mania seems to have faded despite a few brief moments of hope, and the niche’s leader has failed to recapture its momentum and investors’ attention. However, there’s a chance for a massive double-digit surge, but only under certain conditions, according to popular crypto analyst Ali Martinez. If Dogecoin $DOGE can reclaim $0.17…
Phrases like “Bitcoin is the hurdle rate” and “Bitcoin is the new hurdle rate” frequently re-occur in the Bitcoin communities, often without a context. In short, this motto means that Bitcoin is the best benchmark for investment: avoid investing in anything that yields lower returns than Bitcoin. Let’s delve deeper into the meaning of this…
