Bitcoin Mining Faces Challenges Amid Market Turmoil
A recent report from JPMorgan highlights the struggles faced by Bitcoin miners, particularly in light of the recent halving event and the overall market downturn.
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XRP Price Surge: Market Reactions and Support Levels Under Scrutiny
XRP's price surged following Trump's announcement of a strategic crypto reserve, but market analysts caution about potential corrections and distribution phases.
Bitcoin and Altcoins: Navigating Cryptocurrency Market Volatility
Understanding Cryptocurrency Market Volatility
Cryptocurrency market volatility refers to the rapid and often unpredictable price fluctuations that characterize digital assets like Bitcoin and altcoins. This volatility stems from various factors, each contributing uniquely to the market’s dynamic nature. Understanding these causes is crucial for navigating the often turbulent cryptocurrency
Strategy CEO “No risk of company liquidation even if BTC crashes 98%”
Michael Saylor, founder of Strategy (formerly MicroStrategy), said in an interview with UBlockchain that even if BTC crashed by 98%, Strategy would not face the risk of liquidation. “I don't agree (that Strategy's average buy price for BTC in the future could exceed $150,000, which
BTC Short-Term Holder Profits Decline...Investor Sentiment Cools
“While the Short-Term Holder P/L Ratio is still dominant at 1.08, it has fallen below the 90-day average, signaling a general market correction,” on-chain analytics firm Glassnode analyzed via X. ‘The ratio of BTC short-term holders’ market value to BTC short-term holders' market capitalization has declined, cooling
DeFAI market capitalization down 80% from January...AI industry downturn in full swing
“The market capitalization of the DeFAI (AI+DeFi) sector is down 80% from January this year ($7 billion),” Cointelegraph reported, citing CoinGecko data. “DeFAI, which has been touted as a combination of decentralized finance (DeFi) and artificial intelligence (AI), emerged as a major player in the cryptocurrency market late last
ETH enters most severe undervaluation in years.
According to DeCrypt, crypto asset manager and Bitcoin spot ETF issuer Bitwise has released a report stating that Ethereum has entered its most severe undervaluation phase in years. “Ethereum has consistently underperformed Bitcoin since late 2022,” said Andre Dragosch, Head of European Research at Bitwise. ”I believe Ethereum is fundamentally