bitcoin rally

New York, Mar 10, 2024 -Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Launched in 2015, Ether, also known as Ethereum, is by far the second-largest digital currency in terms of total value, now estimated at over $460 billion.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Professional…

Hiring in crypto isn't heating up as fast as the recent rally the space has seen on expectations of an imminent approval of a US exchange-traded fund investing directly into Bitcoin. Crypto job postings on LinkedIn declined 57% year-over-year in December, less than the 71% year-over-year drop in November, according to the professional networking site. Between November and the end of the year, Bitcoin's price rose 57%, according to data compiled by Bloomberg. At jobs board CryptocurrencyJobs.co, which charges for job…

Crypto trading volumes seem to have surged last quarter as token prices spiked higher. But looking at the data more closely paints a different picture.When looking at overall trends, Bitcoin trade volumes seem to have spiked, with two trading pairs standing out during that stretch — Bitcoin-Tether and Bitcoin-BUSD, a relatively little-known stablecoin trading on the Binance platform that has since halted issuance, according to crypto market data provider Kaiko. Those two were the top-traded duos on that exchange in the…

Bitcoin's new year rally is resuscitating many crypto-mining companies seeking to escape from near financial ruin after one of the most devastating quarters ever for the nascent industry. Whether they succeed in making a comeback remains in question.High electricity costs, a plunge in digital assets prices and persistent network competition in the fourth quarter slashed mining profit margins and made it difficult for miners to stay afloat. Core Scientific Inc., the largest public Bitcoin mining company by computing…

Bitcoin’s four-day streak above $20,000 has invigorated crypto traders as they bet the token is due for a resurgence after a brutal year. Bitcoin's four-day streak above $20,000 has invigorated crypto traders as they bet the token is due for a resurgence after a brutal year. On Tuesday, the largest cryptocurrency by market value advanced above $20,000, and as of Friday morning in New York it had yet to fall below that threshold. The breakout marked the end of a nearly three-week slump that saw Bitcoin trading below the…