Bitcoin Mining Profitability Improved in November, JPMorgan Says

By |2024-12-02T15:29:00+00:00December 2, 2024|Liquidity Pools|

Bitcoin (<a href="https://www.coindesk.com/price/bitcoin/ " target="_blank">BTC</a>) daily mining revenue and gross profit rose in November as the world's largest cryptocurrency hit record highs, but it is still about 50% below <a href="https://www.coindesk.com/tech/2024/04/20/bitcoin-blockchain-has-fourth-halving-in-15-year-history-in-show-of-monetary-policy-set-by-code" target="_blank">pre-halving</a> levels, JPMorgan (JPM) said in a research report Monday. "We estimate that bitcoin miners earned an average of [...]

XRP Tops $100B Market Cap, Reaches 2018 Levels, as Ripple’s RLUSD Close to Approval

By |2024-12-01T11:20:03+00:00December 1, 2024|Liquidity Pools|

XRP flipped a $100 billion market capitalization late Saturday as a multiweek rally showed no signs of pausing amid multiple catalysts over the past weeks. XRP zoomed nearly 10% in a 24-period from Friday to Saturday, reaching a local high of $1.92 to set prices previously seen in January 2018, [...]

XRP Surges 14%, Nears $1.70 Level Last Seen in April 2021

By |2024-11-29T11:11:34+00:00November 29, 2024|Liquidity Pools|

Several fundamental and regulatory developments have pushed the <a href="https://www.coindesk.com/price/xrp" target="_blank">XRP price</a> to levels not seen since April 2021, with bulls now <a href="https://x.com/search?q=xrp%20%242&src=typed_query&f=top" target="_blank">eyeing the $2 mark</a> in a sign of renewed strength for the previously embattled token. XRP surged 14% in the past 24 hours, outpacing bitcoin and [...]

The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum’s Blob Mob

By |2024-11-27T18:35:04+00:00November 27, 2024|Liquidity Pools|

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards. IN THIS ISSUE: Ethereum's blob mob Staking on Starknet Avalanche's big upgrade L2 teams beam over Beam Chain Sui suffers a brief outage [...]

Bitcoin Bull Market Is Far From Over, Galaxy Research Says

By |2024-11-27T15:03:40+00:00November 27, 2024|Liquidity Pools|

The bitcoin (BTC) bull market has further to run, and the world's largest cryptocurrency is expected to punch through the $100,000 level in the near term, Galaxy Research said in a note on Tuesday. Galaxy said bitcoin will continue to rise for several reasons. Increasing institutional and corporate adoption, the [...]

Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten

By |2024-11-27T12:01:56+00:00November 27, 2024|Liquidity Pools|

Bitcoin (BTC) volatility is back and investors have two choices either embrace the volatility or have no part of it. However, the current bitcoin cycle has been rather muted in terms of realized volatility and drawdowns compared to previous ones. The recent drop from nearly $100,000 to almost $90,000, just [...]

This Hedge Fund Now Has a 1,000x Profit on Bitcoin

By |2024-11-26T20:12:06+00:00November 26, 2024|Liquidity Pools|

Pantera Capital Management’s Bitcoin Fund just hit a milestone: a 1,000-fold gain in the value of its crypto holdings since launch. Started in 2013 as one of the first investment products exposing customers to crypto, the fund has returned 131,165% after expenses and fees. As noted by founder Dan Morehead [...]

Bitcoin Slides Near $94K, but Short-Term Bullish Target of $100K BTC Unchanged

By |2024-11-26T04:52:17+00:00November 26, 2024|Liquidity Pools|

A bitcoin (BTC)-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours, nearing $94,000 a week after it came within touching distance of the landmark $100,000 level for the first time. BTC has pared weekly gains from over 10% [...]

Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another ‘Long Island Iced Tea’ Fad?

By |2024-11-25T17:54:48+00:00November 25, 2024|Liquidity Pools|

What does the ragtag group including a fitness equipment maker, biopharmaceutical company and producer of battery materials have in common? Bitcoin, of course. As the cryptocurrency skyrockets to unheard-of levels this month, at least 12 publicly traded companies that previously had nothing to do with crypto announced they plan to [...]

Go to Top