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Latest Bitcoin News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Bitcoin news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Bitcoin trends and market movements.
Bitcoin Mining Difficulty Signals Potential Price Bottom: Bullish Era Ahead?
Jul 10, 2024
The Bitcoin mining industry is facing challenges. This could be a bullish sign for Bitcoin's price, based on historical data. Bitcoin's total hash rate has declined. It dropped from 658 exahashes per second (EH/s) in late May to 556 EH/s on June 28. This data comes from Hashrate Index. Hash rate m
ZKM to Launch Bitcoin Layer 2 Solution GOAT Network to Unite Web3 Universe
Jul 08, 2024
Interoperability protocol ZKM has announced plans for a new Bitcoin Layer 2 solution named GOAT Network. It aims to be the first decentralized Bitcoin Layer 2 with shared network ownership. You've probably never heard of Layer 2 solutions of this kind, and yet it is set to launch in Q3 this year K
Bitcoin Whales Suddenly Dump $1.7 Billion, Fueling Bearish Trend
Jul 08, 2024
On-chain data reveals significant selling activity by Bitcoin whales. This movement potentially contributed to BTC's recent bearish trend, at least that seem to be the most plausible explanation. Analyst Ali highlighted the trend on social media platform X. He referenced Santiment's "Supply Distr
Bitcoin Novices Sell Amid Market Dip, Data Reveals: A Lesson in Crypto Dynamics Unlearned?
Jul 05, 2024
Recent Bitcoin investors are exiting the market as prices stagnate. This trend is evident in the latest downturn. Novice investors are not familiar with market traditions and sentiments, so they are selling the dip instead of buying it. On-chain data shows significant selling from investors who ent
Mt. Gox's $8.2B Bitcoin Repayment Could Trigger Market Sell-off: Analyst
Jul 05, 2024
Finance analyst Jacob King warns of potential Bitcoin price pressure. He predicts most Mt. Gox creditors will sell their repaid Bitcoin. King estimates $8.2 billion in additional selling pressure. On-chain movements suggest creditors have already begun selling. "No Bitcoiner will say this out loud
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