Catenaa, Wednesday, March 12, 2025- Bitcoin tumbled below $80,000 on Monday night, extending a sharp decline as investors reacted to President Donald Trump’s bitcoin reserve plan, trade war fears, and recession concerns. Ether plunged to a 16-month low near $1,800, with the broader cryptocurrency market suffering heavy losses. Bitcoin briefly fell below $77,000 before rebounding […]
Catenaa, Friday, May 02, 2025-Bitcoin mining has become increasingly unprofitable, with energy and hardware costs now outpacing the cryptocurrency’s market value for many miners, according to data from CoinShares. While Bitcoin’s price has rebounded to about $95,000, the cost of mining a single coin has risen sharply. For large-scale mining companies, the average cost to […]
Catenaa, Wednesday, May 21, 2025-Bitcoin hovered near $102,750 Monday, shedding 4% on the day as traders brace for a potential golden cross, a bullish chart pattern where the 50-day moving average crosses above the 200-day. Analysts see the setup as a long-term buy signal, pointing to similar conditions in 2023 before Bitcoin surged past $100,000. […]
Catenaa, Thursday, May 22, 2025-Bitcoin broke above $110,000 for the first time Wednesday, surging to a record high of $110,774 on Coinbase amid accelerating institutional demand and favorable market conditions. The price climbed 3% to $110,387 by 9:05 p.m. ET, buoyed by large-scale acquisitions from corporate treasuries and continued ETF inflows. Analysts at Presto Research […]