#BTC
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Bitcoin Surges 100%, But Altcoins Lag Behind. Why Is That?
Between October 2023 and February 2024, Bitcoin embarked on an impressive rally, reaching a new annual high above $48,000. The crypto community expected altcoins to follow in Bitcoin's footsteps and achieve similar feats. However, the anticipated surge did not materialize. CleanSpark: How to Profit from Bitcoin Halving?
CleanSpark СЕО Zachary Bradford admits that the upcoming Bitcoin halving poses both a significant challenge and an exceptional opportunity for public mining companies. He shares his company's strategy designed to navigate these upcoming trials successfully.
According to financial services firm Cantor Fitzgerald, the forthcoming Bitcoin halving could render at least eleven prominent mining corporations, including names like Marathon Digital and Riot Platforms, unprofitable under the current BTC prices. The most severe impacts are anticipated for Argo Blockchain and Hut 8.
In a low-key yet significant move, Tether, the company behind USDT stablecoin, added 8,888.88 BTC (approximately $380 million) to its reserves in the previous quarter. This acquisition increased its Bitcoin stash to a hefty 66,465 BTC, valued at $2.8 billion, adhering to its policy of monthly Bitcoin purchases since September 2022. BTC, ETH and PAXG Price Analysis for February 5, 2024
The cryptocurrency market had a tranquil weekend, with Bitcoin (BTC) and other cryptocurrencies not experiencing significant volatility. Here’s an analysis of the market situation for Bitcoin (BTC), Ethereum (ETH), and Pax Gold (PAXG) as of Monday, February 5. BTC, ETH and PAXG Price Analysis for January 22, 2024
Over the weekend, the cryptocurrency market experienced minimal volatility, with only a modest correction in Bitcoin on Monday morning, now trading near the $41,000 mark. Here's an analysis of the market situation for Bitcoin (BTC), Ethereum (ETH), and Pax Gold (PAXG) as of Monday, January 22. 












