Bitfarms Mined More Bitcoin in June Amid Riot Takeover Attempts Bitfarms significantly increased its online hashrate to 10.4 exahashes per second in June, showing a 39% month-on-month increase. Bitfarms mined 189 Bitcoin in June. Sold 134 Bitcoins for $8.8 million. Currently holding 905 Bitcoin in its treasury. Despite a 51% decrease in Bitcoin production compared […]
Price Analysis 7/1: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA Bitcoin and the wider crypto market have historically rallied in July, but traders are worried that the Mt. Gox repayments could impact the strength of this trend. Overview Bitcoin’s recovery could pick up in July Repayments from Mt. Gox may create selling […]
3 Reasons Why Bitcoin (BTC) is Up Today Weak tech corporate earnings, spot Bitcoin ETF inflows, and the potential arrival of a new major investor drove Bitcoin price above $63,000. Bitcoin FUD cedes after a Michael Dell post and spot ETF inflows Inflated tech stocks valuation boosts demand for alternative assets, including BTC Bitcoin FUD […]
Crypto-Sec Latest News Crypto-Sec is our bi-weekly round-up of crypto and cybersecurity stories and tips. Biggest Phish of the Week: Hedera Users Targeted Hedera marketing email hacked Phishing emails sent to subscribers Users warned not to interact with links in emails Phishing is a deceptive technique used by attackers to obtain sensitive information from users. […]
Government Crypto Moves: Germany and US The German and U.S. governments are making waves in the crypto market with significant Bitcoin and Ethereum transfers. German government moves 1,500 BTC worth $95 million to exchanges U.S. government transfers 3,375 ETH valued at $11.75 million German Government Transfers Recent data from Arkham Intelligence shows that the German […]
Crypto hacks down by 54.2% in June, $176M lost in a month In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks. The net loss from cryptocurrency-focused hacks and exploits in June recorded a 54.2% decline compared to May. Losses from crypto […]
Bitcoin Teases Bull Market Return Bitcoin starts Q3 2024 with bullish momentum Monthly and quarterly close saves BTC from major trend loss Consolidation leads to two trips under $60,000 Traders eye important bull market trendlines for confidence Bitcoin (BTC) is showing signs of a bullish return as it aims to reclaim lost ground on its […]
Bitcoin’s Historical Performance and Outlook for July Bitcoin has historically shown strong performance in the month of July, but recent events such as Mt. Gox repayments are casting doubts on the potential for a rebound in the coming weeks. Key Insights Bitcoin experienced a 6.96% drop in June, a month that typically sees negative trends […]
Bitcoin Price Recovery to $62.5K Could Trigger Breakout in TON, AVAX, KAS and XMR Bitcoin’s recent weakness has pulled several altcoins lower, but TON, AVAX, KAS, and XMR look set to move higher. Bitcoin Price Analysis Bitcoin fell below $60,000 during the week but lower levels attracted buyers. Bitcoin remains stuck inside the $56,552 to […]
Discussion on Potential Factors Impacting Bitcoin’s Performance in July As Bitcoin faces the crucial $60,000 support level at the end of June, various factors may influence its trajectory in July, potentially dampening bullish sentiments. Below are three key factors to consider: Mt. Gox Repayments: Unlocking $9B in Bitcoin In early July, Mt. Gox is set […]
