Tags : hits

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Bitcoin

Ethereum Hits $2K For the First Time Since February; Breakout

Ethereum briefly crossed over the $2,000-level, a benchmark target for many bulls as they await a breakout price rally in the world’s second-largest cryptocurrency market. The ETH/USD exchange rate surged to $2,007 during the Asia-Pacific trading session Friday. The pair’s move uphill coincided with a drop in the Bitcoin Dominance Index — a metric that […]Read More

Bitcoin

Bitcoin Hits $60,000 on Coinbase and Morgan Stanley’s Street Swapping

Bitcoin briefly surged above $60,000 Friday as the focus shifted on Coinbase and its plans to go public this month alongside Morgan Stanley’s latest pro-crypto securities filing. First Coinbase Coinbase announced late night Thursday that it received approval from the US securities regulator, the Securities and Exchange Commission, to list its share on the Nasdaq […]Read More

Bitcoin

Number of Addresses Holding Bitcoin Hits New All-Time High

There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of 36,896,000 earlier this Friday. The figure has then dropped back to approximately 36,770,000 on Sunday afternoon, according to data from on-chain analytics site Glassnode.  This […]Read More

Bitcoin

Bitcoin Hits $100,000 in Turkish P2P Markets as Lira Plummets

The cost to purchase one Bitcoin in Turkey’s peer-to-peer crypto markets has surged to over $100,000. According to data fetched from LocalBitcoins.com, the minimum Ask price for Bitcoin has reached 509,840 Turkish Lira (~$64,000). Meanwhile, some offline exchanges demand as much as $100,000 in Lira for one flagship cryptocurrency, almost twice higher than its global […]Read More

Bitcoin

Bitcoin Ducks Nasdaq Correlation as Price Hits Two-Week High

Bitcoin stepped away from tailing price trends in the Nasdaq Composite, helped by more signs of institutional interest in the cryptocurrency sector. The BTC/USD exchange rate surged 3.96 percent to $54,489—a two-week high—after a report from Goldman Sachs revealed that 40 percent of its clients now have exposure to cryptocurrencies and 70 percent of them […]Read More

Market

What’s Next After Bitcoin Hits $50K? Another $1K Gain

Bitcoin’s momentum carried through overnight, pushing upward to a new all-time high above $51,000 just a day after passing $50,000 for the first time.  “It’s not exactly soaring, as it has with other major technical breakouts, but another 3% gain isn’t to be sniffed at,” Craig Erlam, senior market analyst for the foreign exchange broker […]Read More

Market

Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond

Bitcoin’s dizzying bull run is showing no signs of slowing down despite an uptick in U.S. government bond yields. The cryptocurrency market leader set a new lifetime high of $51,348 early Wednesday, having penetrated the psychological level of $50,000 on Tuesday for the first time, according to CoinDesk 20 data. Prices have risen by 53% […]Read More

Bitcoin

US Dollar Confirms Bearish Continuation as Bitcoin Hits Record High

Both the US dollar and Bitcoin enjoyed a period of strength at the beginning of 2021. But while the cryptocurrency continued its uptrend higher, led by a new wave of institutional adoption, the greenback endured a sharp pullback in the wake of unsupportive fundamentals. The US dollar index, which tracks the greenback’s strength against the […]Read More