Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …

Bitcoin Open Interest Dropped Significantly – Investors Cautions Amid US Election Week?

Este artículo también está disponible en español. Bitcoin has faced significant volatility and uncertainty as it approaches a pivotal week, with tomorrow’s U.S. election expected to play a key role in determining its price action. BTC is holding steady above the $68,000 mark, a critical level that has shifted from resistance to a solid demand …

Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …

Bitcoin Price Poised For $75,000 As Trump-Harris Race Tightens: QCP

Este artículo también está disponible en español. The Bitcoin price has posted five consecutive red daily candles since it stopped just short of its all-time high at $73,620 last Tuesday. As a result, the BTC price has fallen by around 7%. This decline is evident on the weekly chart, which shows a major bearish weekly …

T-Mobile Parent Company Launches Pilot Project for Bitcoin Mining Infrastructure With Surplus Energy

Deutsche Telekom’s subsidiary, MMS, and Bankhaus Metzler are launching a pilot project to establish a Bitcoin (BTC) mining operation utilizing surplus energy. According to a new announcement from Deutsche Telekom – parent company of mobile giant T-Mobile – the intent of the operation is to power BTC mining with electricity from renewable energy sources. According …

Binance Research warns memecoins risk frenzy over fundamental innovation

A new report from Binance Research has raised red flags over the high risks in the memecoin market, revealing that 97% of these tokens have either failed or become inactive shortly after launch. The report also exposes widespread manipulation, where coordinated groups orchestrate pump-and-dump schemes that leave everyday investors bearing the brunt of losses. Although …

Crypto volatility stalls as investors await US election outcome – Bitfinex

Crypto market volatility remained low ahead of the US presidential election as investors adopted a cautious, wait-and-see approach, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin’s (BTC) implied volatility in the options market hovered around the low 40% range, reflecting restrained confidence in major price shifts and signaling cautious sentiment among traders. …

Bitcoin miners Marathon and Riot achieve record post-halving production

Two of the largest public Bitcoin miners — Marathon Digital and Riot Platforms — recorded their highest monthly Bitcoin production since the April halving event, despite the industry’s ongoing challenges with rising mining difficulty. On Nov. 4, Marathon Digital announced that it boosted its Bitcoin production by 2% to 717 BTC in October, marking its strongest …

Bitcoin open interest drops $2 billion ahead of US elections as investor caution sets in

Bitcoin investors appear to be adopting a cautious stance as the Nov. 5 US elections approach. Following weeks of heightened interest in leveraged trading, recent data from Coinalyze shows that the leading crypto has experienced a notable decline in open interest, shedding around $2 billion over the past few days. This was corroborated by data from Coinglass, …

VanEck counters skepticism, highlights Solana’s high transaction allure

VanEck said the Solana (SOL) network’s high user engagement and transaction volume largely reflect its low-cost, high-throughput design despite substantial revenues stemming from speculative memecoin activity. The firm’s latest analysis comes in response to speculation that Solana’s numbers are inflated by wash trading in memecoins. Many critics argue that this makes SOL’s growth less notable …

Michigan state pension fund reports $11 million exposure to Ethereum ETFs

The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing. As a result, Michigan became the first state to invest in Ethereum and currently holds a larger position in Ethereum ETFs, compared to the $7 million invested in spot Bitcoin ETFs …

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