Bitcoin’s on-chain volume hit $1.21 trillion in January 2024, surpassing any month since September 2022. The volume tripled September 2023’s $400 billion total, according to data from The Block. Bitcoin’s transaction volume has risen consecutively for the fourth month since January, rebounding from a low of $550 billion in September 2023. The January 2024 total […]
Bitcoin has broken through the $42,000 barrier, signaling a notable recovery in the cryptocurrency market following the recent spot Bitcoin exchange-traded fund (ETF)-linked sell-off. As reported by CoinMarketcap, Bitcoin exhibited a rapid ascent from $39,645 on January 26, marking a 5% gain to reach a trading price of $42,200. Presently, the price of Bitcoin stands […]
In the fast-paced world of cryptocurrencies, all eyes are on the impending decision regarding the eagerly anticipated Bitcoin (BTC) exchange-traded fund (ETF). The cryptocurrency market buzzes with excitement and growing anticipation as the deadline approaches. A recent report from K33 Research has shed light on the ETF decision’s significant impact on Bitcoin’s positive momentum since […]