Bitcoin remains the focus as outflows hit March highs
Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a report by CoinShares. CoinShares’ latest weekly report on digital asset investment flows shows that the market witnessed its largest funds outflows in nearly six months […]
What is the Bitcoin hash rate? And why is at all-time highs?
Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes miners’ profitability, at a time when electricity costs have risen and the Bitcoin price has fallen Overall, a high hash rate implies a healthy and more secure Bitcoin network […]
Bitcoin bulls push BTC to highs of $23,300
Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline to $15,500 lows. Short liquidations were around $376 million in the past 24 hours. Bitcoin price roared to highs above $23,000 on Saturday morning, rising […]
ApeCoin (APE) makes higher highs and higher lows but will buyers remain relentless
ApeCoin had added 20% in a week Yuga Labs NFTs had great success last year The cryptocurrency has overcome resistance at $4.2 but faces a correction As most cryptocurrencies generate relief rallies, investors could turn to ApeCoin (APE) for some quick bucks. Since the onset of Ape staking, bullish investors have been trying to break a […]