Amidst broader market recovery, Ethereum gas fees have surged yet again as a result of increased demand for blockspace. Bitcoin users experienced a similar ordeal, with average transaction fees spiking to levels not seen since […]
A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for Bitcoin (BTC) trading. EMH is a controversial […]
It finally happened—the Chicago Mercantile Exchange (CME) has usurped Binance to become the largest Bitcoin futures exchange. This shift in dominance, as reflected by open interest (OI), signals a potential pivot towards institutional interest in […]
Consistent, diligent Bitcoin (BTC) buyers who have stacked sats for two years have greatly outperformed investors in other asset classes – despite entering the crypto market at one of the worst possible times. As of […]
Bitcoin mining firm Marathon Digital Holdings saw its revenue surge 670% year-on-year in the third quarter of 2023, amid a nearly five-fold increase in Bitcoin production. The results saw Marathon also swing to a quarterly […]
As Bitcoin continues to thrive, reaching new yearly heights and gaining mainstream adoption, Arthur Hayes, the former CEO of BitMEX, voiced a concern that could potentially throttle Bitcoin’s defining essence. Hayes’ discourse sheds light on […]
TL;DR Bitcoin’s recent price increase has shifted investor sentiment to “Greed” according to the BTC Fear and Greed Index, with the metric staying in this territory for 15 days, a situation not seen since November […]
Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting institutional investors and decentralized finance (DeFi). Glassnode, on Nov. 6 announced the sale of its crypto-focused tax platform […]
The crypto industry is experiencing a paradigm shift with the emergence of Spot Bitcoin ETFs (Exchange-Traded Funds). According to recent data, assets invested in Spot Bitcoin ETFs have reached a cumulative value of $4.16 billion […]
TL;DR Bitcoin (BTC) has seen a significant increase in its value since the beginning of 2023, rising from approximately $16,500 to around $34,500, with speculations about its continued uptrend into the next year. Factors influencing […]
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