With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $ 50 and hovering just above $ 47 per …
Bank of America (BOFA) forecasts a bullish trend for silver, anticipating an increase in prices through the latter half of 2024 into 2025. BOFA analysts project silver prices to average $ 35/oz by 2026, compared to the current spot price of $ 29.19/oz. This optimistic outlook is driven by expectations of an end …
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $ 60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining Highs …
While gold reached a record high in May at $ 2,450 per ounce, it has since settled at $ 2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst …
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge (PLAY), the nostalgic gaming token, has now raised over $ 4.2 million in its ongoing presale as retail investors pile in. Meme Coin Mania Cools as Market Turns Red It’s been a …