Bitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere two weeks. Bitcoin Retakes the 8th Largest Asset […] Source: https://news.bitcoin.com/bitcoins-climbing-value-outshines-global-silver-market-in-historic-pre-halving-surge/
Month: March 2024
5 Best Stock Market Trading Apps in 2024
Are you a beginner who wants to explore what the stock market has to offer or an experienced trader looking to find the best stock market app to take your trading journey to the next level? Then, you’ve come to the right place. In this article, I will list all of the best apps for stock trading and investing. Which…
MicroStrategy 205,000 Bitcoin Treasury Is Bigger Than All Other BTC Treasuries Combined
With its latest purchase of 12,000 Bitcoin, MicroStrategy has now amassed 205,000 BTC. The software company’s Bitcoin treasury is worth approximately $14.7 billion at the current Bitcoin price. The list of companies with publicly disclosed Bitcoin treasuries has been growing quickly. But it’s hard to overstate just how dominant MicroStrategy has been in the realm of corporate Bitcoin stashes. Its…
Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024
Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with the mining pool Foundry USA at the forefront, delivering 204.41 EH/s. Bitcoin Edges Closer to Zettahash […] Source: https://news.bitcoin.com/bitcoins-hashrate-reaches-618-eh-s-establishing-a-new-7-day-sma-record-in-2024/
Explore the perks of owning a 2024 Williams Racing Collectibles+ Grid Pass
March 11, 2024 | NFT Kraken, the Official Crypto and Web3 Partner of Williams Racing, is excited to announce the 2024 roadmap for the Williams Racing Collectibles+ Grid Pass, powered by Kraken. Collect your free pass and unlock immediate, exclusive digital and physical perks plus access to unique Williams Racing experiences, powered by Kraken. In October 2023, we launched the…
Ethereum Technical Analysis: ETH Secures Position Above $4,000 Following Key Resistance
On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn, […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-secures-position-above-4000-following-key-resistance/
Bitcoin Technical Analysis: Oscillators and Averages Signal Strong Upward Momentum
Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $67,785 and $71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $1.4 trillion, with a notable 24-hour trading volume of $48.50 billion. Bitcoin Our […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-oscillators-and-averages-signal-strong-upward-momentum/
Why the Bitcoin Halving Is Sooner Than You Think
Sky-high Bitcoin ETF flows and several price rallies mean that the next Bitcoin halving is now projected to take place on April 15—not the meme-friendly 4/20 that it once was. That’s bad news for meme fans who liked the idea of celebrating the halving and their affinity for weed on the same day. But it’s also good news and a…
LBank Labs and BlockNews Host Web3 Summit Dubai 2024 with DIFC and DMCC as Official Partners
The highly anticipated “Web3 Summit Dubai 2024” is scheduled to take place on April 16th-17th, 2024, at the prestigious Atlantis, The Palm hotel in Dubai. This summit marks a significant milestone in the realms of cryptocurrency and financial technology, promising a profound exploration of the future of technology and collaborative industry efforts. Situated on the […] Source: https://news.bitcoin.com/lbank-labs-and-blocknews-host-web3-summit-dubai-2024-with-difc-and-dmcc-as-official-partners/
Bitcoin Flips Silver as It Breaks Above $71,000 for First Time Ever
Bitcoin, which has increasingly been referred to as “digital gold,” flipped silver’s market capitalization on its way past $71,000 and setting a new all-time high. It’s a milestone that Bitcoin has seen often since the beginning of March. On Friday afternoon, Bitcoin broke above $70,000 for the first time ever. Then early Monday morning, the Bitcoin price began climbing and…