A Syrian non-governmental organization has proposed a “Bitcoin Policy” for the country, urging the new government to adopt a bitcoin-based banking system. Syrian Transitional Authority Seeks Legitimacy A Syrian non-governmental organization (NGO) has urged the country’s new leadership to consider building a banking system that relies on the Bitcoin network and associated technologies. In its […]
10x Research and its CEO and Head of Research, Markus Thielen, have recently taken a more cautious stance on bitcoin (BTC), prompting a re-evaluation of market conditions. Has Bitcoin Peaked? Analysts Spot Ominous Signals In a market update published on Dec. 29, 2024, the firm acknowledges the cryptocurrency’s resilience, however, emerging technical patterns suggest the […]
Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power hit a jaw-dropping peak of 808 exahash per second (EH/s), smashing through previous limits. From 948,000 H/s to 808 Quintillion: Bitcoin’s 16-Year Evolution in Mining […]
QCP Capital observes that bitcoin (BTC) has faced erratic price fluctuations, largely attributed to the thin liquidity during the holiday period, which has limited any recent attempts at recovery. The Singapore-based crypto asset trading firm also shared its perspective for 2025, noting that analysts at QCP foresee a “key catalyst may come in January.” With […]
During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $ 100,000 mark for the first time in history. Two weeks later, its value climbed past the $ 108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life …