Bitcoin Bulls Reignite as On-Chain Supply Dries Up

Cathie Wood, CEO of ARK Invest, has been making waves in the investment community with her bullish stance on Bitcoin. In a recent podcast, Wood comparHive Blockchain, a Canadian-listed cryptocurrency mining company, has seen its debt rise as the difficulty of bitcoin mining has surged. According toThe cryptocurrency market has seen a positive trend in the past 24 hours, with Bitcoin (BTC) and Ether (ETH) leading the charge. According to CoinDeskDespite recent declines, bitcoin's dominance in the cryptocurrency market remains strong, with a macroeconomic environment that favors the asset. AccoThe world's most valuable cryptocurrency, Bitcoin, has long been considered a store of value and a hedge against inflation. However, the recent surgeBitcoin surged to a new high of $10,000 on Monday, as investors shrugged off concerns about the COVID-19 pandemic and the impact it may have on the glThe much-anticipated Ethereum Merge has finally arrived, and it's causing a stir in the crypto market. Ethereum (ETH) has surged to $57, with other crThe cryptocurrency market has seen a shift in sentiment this week, with a positive outlook despite price volatility. According to data from Santiment,BitFlyer, a leading cryptocurrency exchange, has announced that it will comply with the Financial Action Task Force (FATF) requirements for crypto traRipple's XRP token has surged over 70% in the past week, bucking the trend of a broader crypto market downturn. The gains come as the Securities and E