Macro guru and Real Vision CEO Raoul Pal says he’s anticipating a “big breakout” for one crypto subsector. In a new interview on the Empire podcast, the former Goldman Sachs executive says gaming applications are approaching a new phase of adoption that may help trigger growth in the digital asset class. “When we start to…
A widely followed crypto investor thinks that Bitcoin’s (BTC) old cyclical pattern based on its four-year halving schedule is no longer valid. Pseudonymous analyst Jack Sparrow tells his 251,100 followers on the social media platform X that crypto market participants are heavily relying on previous price patterns based on the four-year halving cycle. According to…
Weekly FX Chart Outlook: September 2. 2024 Summer is over – USD shorts got washed out – New ball game. What I have done is suggest some broad ranges in a week that will be full of data but just a sparring match until Friday’s US August jobs report. The jobs report, depending on…
Data shows the Bitcoin diamond hands have continued to sit tight recently as almost a third of the supply hasn’t been moved in five years. Bitcoin Has A Notable Part Of Its Supply Dormant Since Over Five Years In a new post on X, the market intelligence platform IntoTheBlock has discussed about how the most…
New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as electricity prices in the state nosedive. In a new thread, Pierre Rochard, the vice president of BTC mining firm RiotPlatforms, tells his 58,200 followers on the social media platform X that mining of the top…
Newsquawk.com Week Ahead: Highlights include US NFP & ISMs; BoC rate decision, Canada jobs; Australian GDP and Swiss CPI MON: US & Canada (Labor Day), EZ & UK Final Manufacturing PMIs (Aug), Chinese Caixin Manufacturing PMI Final (Aug) TUE: Swiss CPI (Aug), Swiss GDP (Q2), Turkish CPI (Aug), US ISM Manufacturing PMI (Aug), Final Manufacturing…
Bitcoin fell to lows of $57,700 on Coinbase as prices dipped during the US trading session. Analysts predict further weakness is likely, and here’s what they are saying At the time of writing, Bitcoin (BTC) traded around $58,486 across major crypto exchanges. However, the digital asset’s price had touched lows of $57,700 on US-based crypto…
On-chain data shows the Bitcoin mining difficulty has seen an increase in the latest adjustment, a consequence of the hashrate’s recovery. Bitcoin Mining Difficulty Has Seen A Positive 3% Adjustment Recently The “mining difficulty” refers to a feature built into the Bitcoin blockchain that controls how hard the miners would find it to mine on…
A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023, claiming to have locked out or deleted the company’s IT administrators from its computer network and deleted server…
Large Bitcoin (BTC) traders may be suddenly rotating capital into altcoins in pursuit of greater returns, according to analytics firm Santiment. Santiment says on the social media platform X that Bitcoin is seeing a significant decline in open interest while top altcoins like Ethereum (ETH) and Solana (SOL) are not. Open interest is the total…