The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever. As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned: “How do people still not get it?” Bitcoin hashrate at an all-time
On-chain analyst Willy Woo has detailed the recent Bitcoin market situation and the impact of macroeconomic factors on the cryptocurrency. He pointed out that a liquidity crisis is approaching and the selling pressure from whales is increasing. According to Woo, Bitcoin’s structural fundamentals are weakening in the current bull market. He notes that while prices
Cryptocurrency analyst Joao Wedson has published a remarkable report on Bitcoin (BTC). Pointing to the Max Intersect SMA Model, which has claimed to have accurately predicted the peak of every cycle in the past, Wedson said that the current cycle has not yet reached its peak. According to Wedson, the model’s data currently stands at
Fears of a downside for bitcoin BTC$116,425.80 and ether (ETH) have eased substantially, according to the latest options market data. However, the pace of the next upward move in these cryptocurrencies will largely hinge on the magnitude of the anticipated Fed rate cut scheduled for Sept. 17. BTC’s seven-day call/put skew, which measures how implied
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition: a blockchain sleuth finds evidence of El Salvador’s bitcoin “reshuffling,” Meliuz begins leveraging an options‑based strategy to acquire more bitcoin, and Uruguay readies a study on digital‑currency implementation. Blockchain Sleuth Points out
A long-term Bitcoin holder who sold $4 billion of his holdings for Ether last month has started selling again as Bitcoin crossed $116,000 for the first time in three weeks. Two Bitcoin (BTC) wallets tied to an address that had held onto the cryptocurrency for over eight years deposited 1,176 BTC worth over $136 million
Bitcoin critic Peter Schiff said that the largest crypto is showing signs of topping out ahead of the much-awaited Fed rate cut this week during the September 17 FOMC meeting. BTC and the broader crypto market are showing signs of nervousness while facing selling pressure over the weekend. Despite gaining 4% on the weekly chart,
Bitcoin is set for a powerful fourth-quarter rally, with accelerating market momentum and bullish sentiment driving Fundstrat’s bold call for a $200,000 price by year-end. $200K Bitcoin Possible by Year-End, According to Fundstrat’s Tom Lee A bullish narrative is gaining traction in cryptocurrency markets as forecasts for bitcoin’s year-end potential become increasingly optimistic. Supporters point
According to a recent report by The Wall Street Journal, Mark Casey, an equity portfolio manager at Capital Group, is aggressively betting on Bitcoin despite being a follower of Berkshire Hathaway founder Warren Buffett, who is known as one of the critics of the original cryptocurrency. Casey is betting on Bitcoin because he is convinced
Bitcoin changed hands around $115,685 on Sunday afternoon, and derivatives desks were anything but sleepy as futures and options activity stacked up across venues. Spot markets don’t even need drama; positioning is doing all the talking for now. Bitcoin Open Interest Nears Cycle Highs Futures first: total bitcoin ( BTC) open interest (OI), according to