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Bitcoin Price Takes a Step Back: Analyzing The Recent Correction

[Jul 2, 2024 8:48 PM] Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500…

Will Bitcoin Beat The Odds And Fly To $300,000 By 2025?

[Jul 2, 2024 2:00 PM] At press time, Bitcoin is within a bullish formation and firm, rejecting attempts for lower lows despite slumping by roughly 20% in June. Though there is hope that prices will trend higher in June, one analyst thinks BTC is walking on a tightrope…

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 

[Jul 2, 2024 1:35 PM] Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a…

Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June

[Jul 2, 2024 7:35 AM] Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions…

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

[Jul 1, 2024 9:30 PM] A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared. Bitcoin Miners Appear To Have Stopped Their Selling In a CryptoQuant Quicktake post, an analyst has talked…