Bitcoin Is In a ‘Bore You to Death’ Phase, but Bottom Could Be Close, Analysts Say

BTC has been sliding since reaching an all-time high in March. Friday’s quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said. The lull could... Read more »

Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

Payments firm Block (SQ) has begun a dollar cost averaging (DCA) program to add to its already sizable bitcoin {{BTC}} stack. Led by CEO Jack Dorsey, the company in April began using... Read more »

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

By Amanda Cooper LONDON (Reuters) – Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead... Read more »

Shiba Inu Is Crushing Bitcoin in 2024, but Can It Reach $1?

In November 2021, the total market capitalization of all cryptocurrencies in circulation hit a record high of $2.9 trillion. That figure shrank by as much as 72% to just $829 billion in... Read more »

Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says

Bitcoin miners may shift towards AI due to the potential for higher revenue, CoinShares said. The average bitcoin production cost post-halving is about $53,000. Some miners are actively managing financial liabilities and... Read more »