
Bitcoin Traders Target $80,000 Amid DXY Surge and Economic Uncertainty
Bitcoin's price is facing downward pressure, currently at $92,500, with critical support at $90,000, while analysts anticipate potential recovery if it surpasses $95,180.
Bitcoin's price is facing downward pressure, currently at $92,500, with critical support at $90,000, while analysts anticipate potential recovery if it surpasses $95,180.
Bitcoin faces challenges from complacency among supporters and vulnerabilities introduced by merged mining and layer-2 solutions, which threaten its decentralization and security.
Phoenix Group, a UAE-based cryptocurrency leader, launched a 50MW Bitcoin mining facility in North Dakota, boosting its hash rate by 2.7 exahashes.
Alexander Surin, a convicted drug trafficker, has lost $4.3 million in Bitcoin after UK authorities proved his cryptocurrency was linked to illegal activities.
Terezie Tománková hosted Aleš Michl, who outlined the CNB's gold reserve increase and expressed skepticism about euro adoption, while acknowledging Bitcoin's potential for diversification.
Bitcoin reached $102,180 on January 6, driven by ETF investments, then corrected below $98,000, with significant outflows indicating potential accumulation and bullish sentiment.
Rostin Behnam resigned as chair of the U.S. Commodity Futures Trading Commission, focusing on digital asset regulation, enforcement actions, and carbon offset trading during his tenure.
The Web3 gaming industry anticipates 50 million monthly active users in 2025, with significant titles like "Off The Grid" projected to achieve over 1 million daily active users.
Bitcoin miners saw a 10% increase in daily revenue per exahash in December, despite profitability remaining significantly lower than pre-halving levels. Hashrate rose by 6%.
Justin Trudeau may resign soon, potentially leading to a government more supportive of Bitcoin, with Conservative leader Pierre Poilievre advocating for a "Strategic Bitcoin Reserve."