Bitcoin Mining Difficulty Falls By 11% In Largest Drop Since China’s Ban – Details

Recent data shows that the Bitcoin mining difficulty has experienced a major decline in the last day. This development follows significant bearish price struggles in the past week, which saw Bitcoin fall by an aggregate 11%. Related Reading: Bitcoin Remains Under Pressure — On-Chain Data Reveals Why Bitcoin Mining Difficulty Records Historic Fall Since China’s […]

Bitcoin Remains Under Pressure — On-Chain Data Reveals Why

Over the past week, Bitcoin has been experiencing an intense movement as prices slid sharply from around $84,000 to around $60,000, representing one of the largest weekly declines in the present market. Currently, based on live market data, Bitcoin’s price has rebounded slightly to around $70,000, indicating some market resilience. Related Reading: The Massive Bitcoin […]

Bithumb Issues Statement Over Reward Payment Error – Details

Korean exchange Bithumb has cleared the air over an internal error that credited certain user wallets with a “concerning” amount of BTC. Notably, this mishap resulted in significant price volatility on the exchange, drawing attention from observing crypto enthusiasts. Related Reading: Bitcoin’s Biggest Holders Pull Back, Control 68% Of Supply Bithumb Moves To Wrap Up […]

Mining Stocks And Asian Markets Hit As Bitcoin Tumbles Under $65K

Bitcoin’s (BTC) slide below the $65,000 mark this week has rippled far beyond the crypto market, dragging down mining stocks and weighing on Asian equities already under pressure from a global tech sell-off. Related Reading: Bitcoin Price May Slide Toward $50,000 By March-April, Top Analyst Warns The world’s largest cryptocurrency briefly dipped just above $60,000, […]

The Massive Bitcoin Head & Shoulder Pattern That Could Point To The Next Big Trend

Bitcoin (BTC) has just formed a textbook inverse Head & Shoulders pattern, signaling the beginning of a potential shift in its market structure. Despite the broader market selloff that pushed the cryptocurrency below $70,000, a crypto analyst suggests that the newly formed pattern indicates that a fresh bullish trend could be up ahead.   Bitcoin Head […]