The "hash price," a statistic that is crucial to the profitability of Bitcoin mining, has recently fallen to previously unheard-of levels, raising fears among the mining community.
Read MoreThe "hash price," a statistic that is crucial to the profitability of Bitcoin mining, has recently fallen to previously unheard-of levels, raising fears among the mining community.
Read MoreAccording to new data, mining Bitcoin (BTC) may not be as profitable as it once was. Bloomberg reports that the profitability of mining Bitcoin is getting dangerously close to a record low, not seen since the days after FTX collapsed, which presents serious difficulties for those tasked with maintaining network security.
Read MoreThe cryptocurrency market has seen a significant change as well-funded investors, known as "whales," keep acquiring Bitcoin (BTC), pushing its price to all-time highs. Notably, a well-known Bitcoin whale has amassed 4,380 BTC in the last month, suggesting hope for an impending market recovery.
Read MoreAfter breaking over the $66,000 resistance level, the price of bitcoin began to stabilize. Currently, BTC is focusing on the next move over the resistance area of $67,200.
Read MoreBitwise CIO Matt Hougan has shared his thoughts on X on the International Monetary Fund's (IMF) research on Bitcoin (BTC) payments, which was released earlier this month.
Read MoreThe range for Bitcoin [BTC] was $73k–$60.7k. At $66.9k, this range's midpoint was located.
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