Price analysis 2/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK

Bitcoin (BTC) may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming.The latest data shows that Bitcoin network fundamentals — difficulty and hash rate — will hit new records this week.Bitcoin mining difficulty, hash rate refuse to slow downBitcoin’s 2023 recovery has been about more than just BTC…

The industry has amassed a historically large war chest, but little of it will be spent on the presidential clash between Trump and Harris.

Mai Fujimoto's Kizuna crypto donation platform is partnering with blockchain gaming platform Enjin to sell tokenized celebrity artwork. Early crypto evangelist, Mai Fujimoto, a.k.a. Miss Bitcoin, has partnered with blockchain gaming ecosystem Enjin to launch Japan’s first nonfungible token, or NFT, charity project.According to a Jan. 18 blog post, the project’s first initiative will be…

Bitcoin’s price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph. 4558 Total views 3 Total shares Bitcoin surpassed the record $85,000 mark for the first time in history, potentially setting the stage for a six-figure price tag

Long positions profit from rising crypto prices, while short positions profit from falling prices.

On June 2, 2021, Miami Mayor Francis Suarez tweeted that “MiamiCoin” will be the first “CityCoin” ever to be launched, representing Miami’s very own cryptocurrency. Fast forward about two months later and the anticipation surrounding the release of MiamiCoin has been on the rise. Initially, it may appear as if the Magic City’s digital currency will…

The two crypto mining operations stole almost $20,000 in electricity monthly. Officials in the Malaysian state of Johor shut down two crypto operations which had stolen more than $600,000 worth of electricity over three years. According to a Sept. 1 report from local news site The Star, Malaysia’s Energy Commission, power utility firm Tenaga Nasional Berhad…

Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of last year, according to a report by BeinCrypto on July 16.According to data gathered by Yuval Halevi, co-founder of crypto and…

Zhu Fa, co-founder of Poolin, a Chinese-based crypto mining pool, predicted that the Bitcoin (BTC) price could hit 5 million Chinese yuan ($738,000 (USD), crypto news outlet 8BTC reported on Feb.11.While Zhu noted that “it now feels more like a bear market,” he reportedly predicted that in the next bull run, prices will be 10–20…