Bitcoin miners spent $3.6B on hardware, data centers, and infrastructure in 2024, nearing record quarterly investments last seen in Q1 2022. Since the beginning of 2024, publicly traded Bitcoin mining companies have collectively spent more than $3.6 billion on property, plant, and equipment (PP&E). This includes money spent on mining...
Calm Before the Storm: Is Bitcoin About to Explode Above $100K? (BTC Price Analysis)
Bitcoin’s price has yet to hit the $100K milestone, but considering the market’s current state, it seems only a matter of time. Bitcoin Price Analysis By Edris Derakhshi (TradingRage) The Daily Chart The daily chart demonstrates a clear picture of the last 9 months of Bitcoin’s price action, where the...
Will $9.5B Bitcoin Options Expiry Drive Markets Higher?
Another Friday has arrived, and a huge batch of Bitcoin options are set to expire as the asset starts to recover from its correction. Approximately 98,500 Bitcoin options contracts will expire on Friday, Nov. 29, in a large end-of-month expiry event. They have a notional value of $9.48 billion, which...
Bitcoin En Route to $100K, Ripple Explodes 66% Weekly, Cardano Eyes $1: This Week’s Crypto Recap
Here's the most important things that happened in crypto in the past week. This week, the total cryptocurrency market exploded above $3.4 trillion for the first time in history, adding close to $400 billion in the process. This comes on the back of considerable gains across the board, including Bitcoin,...
