Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US

Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.
Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on?
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait.
While Grayscale launches a new Aave investment fund, Polymarket users face wallet breaches linked to Google logins.
If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.
Discover the VTAP, a solution that allows financial institutions to issue and manage fiat-backed tokens securely on blockchain networks.
Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions.
According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.
It may be too early to judge Bitcoin’s performance for the rest of October as investors are “largely reactionary to macro events,” says a crypto analyst.
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.
