More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K
Bitcoin’s network just got a lot tougher to mine while its price took a hit. According to data from CoinWarz, mining difficulty climbed to a record 127.6 trillion this week. At the same time, Bitcoin fell by 3%, touching an intraday low of $113,005 before edging back to $113,250 by 7:30 pm ET. Mining Difficulty…
Solana Brewing Cup-And-Handle Pattern Suggests Drop To $140 – Details
Popular market analyst and key opinion leader (KOL), Ted Pillows, shares an insight into the Solana (SOL) market, stating the altcoin is likely to experience further price corrections in the short term. This price forecast comes amid a general crypto meltdown during which Solana prices have crashed by over 15% in a week. SOL Charts…
Bitcoin Enters Wyckoff Distribution — Time For Altcoins To Shine?
The Bitcoin market has been showing signs of increasing selling pressure, with its recent price action hinting at an even deeper distribution phase unfolding beneath the surface. Wyckoff Pattern Reveals Imminent Breakdown In an August 2 post on the social media platform X, crypto analyst Joao Wedson explained how the Bitcoin price may be at…
Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts
According to a report by digital asset firm CoinShares, Bitcoin could see a surge of more than 65% from today’s price if it wins just a small slice of major monetary pools. At its current level just above $113,500, that jump would take BTC up to about $189,000. It’s a simple idea with big implications.…
Bitcoin Analyst Builds BTC’s Bullish Case After Binance Volume Spike, Fed Liquidity Surge
The price of Bitcoin started the weekend—and the new month—in the worst possible way after falling below the $115,000 mark on Friday, August 1. This price decline seems to be worsening, as the premier cryptocurrency now sits beneath the $113,000 level following United States President Donald Trump’s recent nuclear threat. This recent movement has sparked…
Slow And Steady: Bitcoin’s Current Rise Feels Different—Study
Bitcoin’s recent climb has been calm and measured, a sharp contrast to the explosive rallies of the past. It’s trading above its historical growth path, but far from overheating. Long-time holders remain mostly inactive, while the bulk of trading activity is coming from fresh faces in the market. Bitcoin Growth Remains On Track Based on…
SharpLink Buys the Dip and Adds $100M-Worth of $ETH to its Treasury as $BEST Stands to Gain
SharpLink bought the dip and added another $100M-worth of $ETH to its Ethereum treasury. Arkham pointed out that the address that moved the $ETH already bought another $800M previously for SharpLink Gaming, with the latest transaction of $108.6M going to Galaxy Digital OTC. Data from Strategic ETH Reserve places SharpLink Gaming second on the list…
Bitfinex Whale Buys 300 $BTC Per Day During Crypto Market Crash
The crypto market is on the back foot after Bitcoin retreats below the $113K threshold, losing over 21% in trading volume over the past 24 hours. The community sentiment is also pushing into the bear zone as the Fear and Greed Index retreats to neutral. Despite the looming trend, one Bitfinex whale decided this is…
Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation?
Bitcoin has broken below the critical $115K support level, reaching a new local low of approximately $112,700. After spending over two weeks consolidating in a tight range, BTC has now exited this phase with bearish momentum, raising concerns across the market. Traders and analysts are closely watching to see if Bitcoin can find strong demand…
Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why
The long-standing debate over XRP’s price ceiling is still a strong discussion. In a recent post on social media platform X, fintech analyst Armando Pantoja argued that the notion of market capitalization limiting XRP’s rise to $1,000 is fundamentally flawed. His comment came alongside a short video clip in which he draws comparisons between crypto…