Key BTC price levels emerge as Bitcoin hits $58K on ‘sticky’ US PPI Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts. Bitcoin tagged $58,000 around the July 12 Wall Street open as markets reacted to “sticky” United States inflation data. […]
Cryptocurrency mining has become a popular topic in the digital world. With the rise of Bitcoin and other cryptocurrencies, more and more people are curious about how they can get involved. This article will break down the basics of crypto mining, providing you with everything you need to know to get started. What is Crypto […]
Bitcoin Institutional Investors Add 100K BTC in a Week BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows. Bitcoin institutional investors are “buying the dip” while BTC price action circles multi-month lows, analysis says. In one of its Quicktake blog posts on July 11, on-chain analytics platform CryptoQuant […]
German Government Bitcoin Sales Update The German government has sold 88.4% of its original 50,000 BTC holdings, leaving only 5,800 Bitcoin in its wallet. Recent Bitcoin Transfers 3,200 BTC transferred across various platforms Bitstamp, Kraken, and Coinbase received 400 BTC each 1,000 BTC and 500 BTC sent to two unknown addresses Crypto analyst Michaël van […]
In the world of digital finance, the term “cryptocurrency” often conjures up images of Bitcoin, the first and most well-known digital asset. However, Bitcoin is just the tip of the cryptocurrency iceberg. Beyond Bitcoin, there’s a world filled with thousands of other digital currencies known as altcoins. But what exactly are altcoins, and why do […]
Germany’s Bitcoin Reserves Deplete Rapidly Germany’s Bitcoin reserves dropped to 9,094 BTC after significant transfers to various exchanges, but some funds were later returned. The German government’s Bitcoin wallet now only holds 18% of its initial amount of Bitcoin seized from a film pirating website crackdown in January. Recent transfers to cryptocurrency exchanges like Coinbase, […]
Bitcoin, often dubbed as digital gold, has been at the forefront of the cryptocurrency revolution since its inception in 2009. Created by the pseudonymous Satoshi Nakamoto, Bitcoin offers a decentralized, peer-to-peer system of value transfer that is both transparent and secure. But how does it work? This article dives into the key technological components that […]
Analysis of IREN Miner Decline Crypto miner IREN, formerly known as Iris Energy, saw a significant drop of 24% on the Nasdaq following a report from a short seller firm. Short Seller Criticism Culper Research accused IREN of being “wildly overvalued.” The firm claims IREN is failing to invest enough to compete in the AI […]
Smart contracts are a revolutionary technology that leverages blockchain to facilitate, verify, or enforce the execution of a contract. Ethereum is a leading platform where smart contracts are deployed due to its robust architecture and active development community. In this article, we will explore how smart contracts on Ethereum work, their potential applications, and their […]
Bitcoin price struggles as investors expect Fed interest rate cuts — Why? Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives? The United States Consumer Price Index (CPI) rose by 3% year-over-year in June, slightly below the market consensus of 3.1%. Analysts claim that this […]
