Bitcoin

Since Thursday, XRP has outperformed Bitcoin, with the top crypto unable to maintain its gains from earlier in the week, when it hit a two-month high above $71,000. XRP trading on the derivatives market also hit new highs during the week, pushing the token to a 12.7% trading value to market cap ratio. XRP outperformed Bitcoin in the latter part of the week as the token managed to maintain its momentum, while the top crypto fell off after a sharp…

Bitcoin Cash (BCH) has undergone a notable price surge, with the token currently trading at $507, with key support at $489.4 and a resistance level of $516.4, the token might be posed for a bullish trend. According to on-chain data, a majority of BCH is being held long-term, this signifies market stability Bitcoin Cash has experienced a significant price surge grabbing not only the attention of investors but also analysts. With a current trading price of  $507 according to Crypto…

Republican presidential candidate Donald Trump has once again stated how much he supports cryptocurrencies. Trump supports the freedom of self-custody, adamantly opposing the establishment of CBDC. Former US President and present Republican presidential candidate Donald Trump has once again stated how much he supports cryptocurrencies. The election is coming up later this year, and Trump has made his position on virtual currencies very evident. According to blockchain researcher Collin Brown, the USA will have a major impact on the direction…

The Bitcoin price has cooled off after surging to as high as $71,000 on the back of the Ethereum ETF approval news last week. Not long after the price spike, the premier cryptocurrency witnessed a correction to $67,000 and appears to be back in a consolidation range. Interestingly, Bitcoin whales seem to be awakening from their slumber, as they have been loading their bags with significant BTC amounts in the past few days. This begs the question – can the…

Cardiff, 英国, May 26th, 2024, Chainwire On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled "Taproot Consensus: A Decentralized BTC Layer2 Solution." This paper details the implementation of Taproot Consensus, leveraging native Bitcoin technologies such as Schnorr signatures, MAST, and Bitcoin SPV nodes to build a fully decentralized BTC Layer2 solution. Taproot Consensus represents a significant leap in native Bitcoin scalability, combining existing Bitcoin technologies innovatively without modifying Bitcoin's core code. I. History…

Ethereum exchange-traded funds (ETF) have been the talk of the town – and rightly so – after the United States Securities and Exchange Commission (SEC) approved the listing of the investment products during the week. Meanwhile, the Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows. This streak of positive inflows represents a complete shift from previous weeks when investment activity was dangerously low. However, this recent turnaround reflects a…

Marathon Digital, a Bitcoin mining firm, signed an $80 million agreement with Kenya’s Ministry of Energy and Petroleum to boost the country’s renewable energy infrastructure. Market observers explained that the partnership supports Marathon’s strategy to diversify its operations as mining difficulty increases. Marathon to Build Green Data Centers in Kenya Marathon Digital plans to invest over $80 million in developing renewable energy data centers. Kenya’s energy grid is approximately 80% renewable, leveraging wind, solar, hydroelectric, and geothermal sources, with geothermal…

Analysts predict that spot Ethereum ETFs might not see the same level of interest as Bitcoin ETFs, citing lower institutional demand for Ethereum. Analysts anticipate a tepid reception based on current investor behavior and existing Ethereum-based product performance. The entire crypto market seemed to be very much excited about the arrival of the spot Ethereum ETF this week, which finally received the go-ahead from the U.S. SEC. While the ETH price rallied 25% and above in anticipation of the approval,…

As the crypto market shows signs of recovery, experts expect Bitcoin (BTC) and Binance Coin (BNB) to reclaim their all-time high values soon. On the other hand, Borroe Finance ($ROE) outshines these top crypto coins as it navigates the wavy market with implausible potential.  This piece will highlight the best crypto to invest in among the trio. Bitcoin Eyes ATH As It Inches Towards $70,000  Bitcoin (BTC) could crack a new all-time high if the price surpasses the $70,000 region…