Bitcoin

Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars

Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars

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Source: AdobeStock/Andrey Popov Bitcoin (BTC) and Ethereum (ETH) networks have experienced a dramatic surge in transaction fees amid soaring crypto usage.  According to data by BitInfoCharts, the average BTC transaction fee currently stands at around $10, up by more than 500% compared to less than $2 earlier this month.  Notably, the average BTC fees reached […]

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Bitcoin Price Prediction as BTC Falls Below $36,500 – Where is the Next Support Level?

Bitcoin Price Prediction as BTC Falls Below $36,500 – Where is the Next Support Level?

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In the ever-evolving world of cryptocurrency, Bitcoin (BTC) has experienced a slight retreat, now trading at $36,410, marking a 0.25% decrease on Saturday. This latest fluctuation comes amid significant developments in the crypto space. The IMF chief’s encouragement for the adoption of Central Bank Digital Currencies (CBDCs), Coinbase facing penalties for its data localization practices

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An ETF is More Important to Bitcoin Than to Ethereum, Says Bitwise

An ETF is More Important to Bitcoin Than to Ethereum, Says Bitwise

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With U.S. spot Ethereum (ETH) ETFs now a realistic prospect, some experts are questioning whether their approval will impact the market as much as a Bitcoin (BTC) equivalent. Bitwise – the world’s largest crypto index fund manager – says they won’t be. In conversation with CryptoPotato, the firm’s analyst Juan Leon explained why. Ignorance Of

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Bitcoin Miners Reach Annual High Revenue of $44 Million

Bitcoin Miners Reach Annual High Revenue of $44 Million

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The Bitcoin (BTC) mining community achieved an annual all-time high (ATH) on November 12, amassing $44 million in combined block rewards and transaction fees. This milestone, the highest for the year, marks a resurgence for Bitcoin miners who weathered a challenging period between April 2022 and November 2023. 2023 Marks a Turnaround for Bitcoin Miners

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Can Bitcoin Spark (BTCS) Replicate the Massive Solana Price Rally?

Can Bitcoin Spark (BTCS) Replicate the Massive Solana Price Rally?

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Solana came and made waves in the crypto market, creating many crypto millionaires with its monumental rise. The market continues going up, and even though it has been consolidating throughout the past couple of days, other cryptocurrencies are also starting to pick up. Many seem to believe that the up-and-coming Bitcoin derivative project called Bitcoin

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Bitcoin Price Prediction as Bulls Try to Hold $37,000 Support – Here are Key BTC Levels to Watch

Bitcoin Price Prediction as Bulls Try to Hold $37,000 Support – Here are Key BTC Levels to Watch

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Weekly Bitcoin (BTC) Chart / Source: TradingView The Bitcoin (BTC) price, last trading in the $36,700s, continues to take a breather after breaking out to fresh yearly highs near $38,000 last week, as investors book profits ahead of the release of US Consumer Price Index (CPI) on Tuesday. Risk sentiment in traditional financial markets has

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Bitcoin Price Prediction as $20 Billion Sends BTC Toward $40,000 – Has the Bull Market Started?

Bitcoin Price Prediction as $20 Billion Sends BTC Toward $40,000 – Has the Bull Market Started?

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Bitcoin (BTC) Chart / Source: TradingView The Bitcoin (BTC) bulls are taking a breather on Saturday, with the cryptocurrency moving sideways just below the yearly highs it printed earlier this year near $38,000, with BTC last changing hands for around $37,150. The cryptocurrency remains on course to post a strong weekly gain of around 6%

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Bitcoin Price Prediction as BTC Market Cap Climbs Above $700 Billion for the First Time in 17 Months – Bull Market Back?

Bitcoin Price Prediction as BTC Market Cap Climbs Above $700 Billion for the First Time in 17 Months – Bull Market Back?

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Bitcoin (BTC) Chart / Source: TradingView A near 8% surge in the price of Bitcoin (BTC) in the past seven days has seen its market capitalization jump by more than $50 billion to above $700 billion for the first time in seventeen months. The cryptocurrency’s market cap was last around $729 billion, corresponding to a

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Top U.S. Bitcoin ETF Absorbs $240 Million Inflows As Spot ETF Excitement Rages

Top U.S. Bitcoin ETF Absorbs $240 Million Inflows As Spot ETF Excitement Rages

Leave a Comment / Absorbs, Bitcoin /

The ProShares Bitcoin Strategy ETF (BITO) – the largest existing Bitcoin ETF in the United States – has absorbed a quarter of a billion dollars worth of flows over the past month. This marks the fund’s second-best-performing month next to its launch date, signaling fierce anticipation over an incoming spot ETF approval. Revival of Futures

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