Category: Bitcoin
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Why You May Want To Redeem Your Bitcoin From THORChain’s Lending Service
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Follow Frank on X. Two days ago, the atebites X account pointed this out THORChain Lending Service It currently does not have enough Bitcoin to pay its creditors. As of press time, the total amount of BTC to be repaid to depositors was 1,604, while the lending pool only contained…
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Spot Bitcoin ETF Approval Was The Most Important Moment In 2024
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Follow Nicholas on ? here for daily posts One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally caved and approved Bitcoin exchange-traded fund (ETF) trading to go live the next day. These ETFs will remain the best-performing ETFs in history, with BlackRock’s $IBIT ETF leading…
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Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible
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This article is also available in Spanish. Cryptographic analyzer Master Kenobi Identify a bullish pattern for Bitcoin price, which is similar to the pattern observed in the previous bullish cycle. Based on this pattern, the analyst explained why Bitcoin price rose to $169,000 this cycle. Bitcoin price may rise to…
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Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible
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This article is also available in Spanish. Cryptographic analyzer Master Kenobi Identify a bullish pattern for Bitcoin price, which is similar to the pattern observed in the previous bullish cycle. Based on this pattern, the analyst explained why Bitcoin price rose to $169,000 this cycle. Bitcoin price may rise to…
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Have Bitcoin ETFs Lived Up to the Hype?
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The launch of Bitcoin ETFs in January 2024 was heralded as a groundbreaking moment for the market. Many expected these products to open the floodgates to institutional capital and push Bitcoin prices to new heights. But now, a year later, have Bitcoin ETFs delivered on their promise? For a more…
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American Bitcoin Platforms Set New Record In Global Share
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On-chain data shows that US-based exchanges have recently seen their Bitcoin reserve dominance rise to a new all-time high (ATH). The reserve ratio of US Bitcoin to other currencies has increased recently As CryptoQuant founder and CEO, Ki Young Ju, pointed out in a new article mail On X, US-based…
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Bitcoin Exchange Net Flows Signal Continued Accumulation – Investors Favor Holding Over Selling
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Bitcoin has seen significant selling pressure recently, following its strong rise above the $100,000 mark. The flagship cryptocurrency briefly celebrated a major milestone before falling sharply to a low of $92,500 within three days. This rapid decline has raised concerns among investors and analysts about the sustainability of Bitcoin’s recent…
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Bitcoin Exchange Net Flows Signal Continued Accumulation – Investors Favor Holding Over Selling
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Bitcoin has seen significant selling pressure recently, following its strong rise above the $100,000 mark. The flagship cryptocurrency briefly celebrated a major milestone before falling sharply to a low of $92,500 within three days. This rapid decline has raised concerns among investors and analysts about the sustainability of Bitcoin’s recent…
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Bitcoin May Hit $1.5 Million By 2035 According To Metcalfe’s Law, Analyst Predicts
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This article is also available in Spanish. As Bitcoin (BTC) continues to retreat into the low-$90,000 range, analysts are divided on how far the top cryptocurrency can fall before a potential rebound. However, long-term market watchers remain confident, stressing that the short-term price action does not change their belief in…
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Bitcoin Miner Volume Has Plunged: What Does It Mean?
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On-chain data shows that the volume of Bitcoin miners has seen a sharp decline recently. Here’s what this could mean for the asset. The share of Bitcoin miners has declined sharply recently In new mail On X, market intelligence platform IntoTheBlock discussed the recent trend in Bitcoin miner participation volume.…
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Bitcoin Miner Volume Has Plunged: What Does It Mean?
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On-chain data shows that the volume of Bitcoin miners has seen a sharp decline recently. Here’s what this could mean for the asset. The share of Bitcoin miners has declined sharply recently In new mail On X, market intelligence platform IntoTheBlock discussed the recent trend in Bitcoin miner participation volume.…
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Bitcoin Price Under Pressure: BTC Struggles to Stay Afloat
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Bitcoin price extended its losses and was trading below the $93,500 area. BTC is correcting gains and may have difficulty recovering above the $95,000 level. Bitcoin started a new decline from the $95,500 resistance area. The price is trading below the $95,000 level and the 100 hourly simple moving average.…
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Bitcoin Price Under Pressure: BTC Struggles to Stay Afloat
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Bitcoin price extended its losses and was trading below the $93,500 area. BTC is correcting gains and may have difficulty recovering above the $95,000 level. Bitcoin started a new decline from the $95,500 resistance area. The price is trading below the $95,000 level and the 100 hourly simple moving average.…
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Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals
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This article is also available in Spanish. On-chain analytics company Glassnode has revealed the level to which Bitcoin must rise if it is to reach the historic upper zone in this pricing model. Bitcoin has not crossed the latest MVRV pricing range yet In new mail On MVRV pricing ranges…
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Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals
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This article is also available in Spanish. On-chain analytics company Glassnode has revealed the level to which Bitcoin must rise if it is to reach the historic upper zone in this pricing model. Bitcoin has not crossed the latest MVRV pricing range yet In new mail On MVRV pricing ranges…
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What To Expect After The Bitcoin Price Crash Below $100,000
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This article is also available in Spanish. The cryptocurrency market is facing renewed volatility and uncertainty following recent events Bitcoin price collapse Under the $100,000 mark. As a result, the cryptocurrency analyst did just that subscriber A very long X-shaped post (formerly Twitter) explaining what to expect after such a…
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The Future Of Home Bitcoin Mining Is Bright
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Follow Frank on X. Perhaps the best way to decentralize the Bitcoin network is through home mining, and things are moving in the right direction. yesterday, Solo Satoshi The company announced Bitaxe Touch, the latest device in the world of home Bitcoin mining. This new device will use the BM1370…
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The 5 Best Crypto To Buy as DOJ Prepares to Sell $6.5B Bitcoin
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Bitcoin has been on a rollercoaster ride lately. It finally broke through the $100k mark in early December and peaked at $108k on December 17. But BTC’s price has fallen slightly since then, starting this week at around $98,000. Now, the latest announcement from the US Department of Justice (DOJ)…
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The 5 Best Crypto To Buy as DOJ Prepares to Sell $6.5B Bitcoin
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Bitcoin has been on a rollercoaster ride lately. It finally broke through the $100k mark in early December and peaked at $108k on December 17. But BTC’s price has fallen slightly since then, starting this week at around $98,000. Now, the latest announcement from the US Department of Justice (DOJ)…