[ad_2][ad_1] The price of Bitcoin (BTC), which is currently $ 16,320, has been at this level or above for only 12 days in the coin’s entire 4,332-day history, accounting for just 0.28% of the cryptocurrency’s life. Crypto analytics platform Messari has released data stating that the closing price exceeded $ …
Read More »The imminent closing of the CME gap could push Bitcoin’s price to $ 18,000
[ad_2][ad_1] Over the past hour, the price of Bitcoin (BTC) has risen to the $ 16,200 level to secure a new 2020 high of $ 16,473. BTC / USDT daily chart. Source: TradingView The 6.62% move brings the tier 1 digital asset closer to bridging a CME gap in the …
Read More »Bitcoin’s whale sell-off could reverse BTC’s trip above $ 16,200
[ad_2][ad_1] The price of Bitcoin (BTC) is proving relatively stable around the $ 16,000 level, significantly outperforming both safe haven and risky assets, including gold and stocks. But in the short term, the digital asset faces a major hurdle in the form of whales. On November 12, the price of …
Read More »98% of Bitcoin’s “unspent output” is worth more than when it is produced
[ad_2][ad_1] An on-chain bitcoin metric rose to three-year highs, suggesting a potential supply shortage and low odds of a significant price pullback. Although there are conflicting interpretations on this latest signal, many market watchers believe it is good for the cryptocurrency. The percentage of unspent bitcoin outgoing transactions (UTXOs) in …
Read More »Bitcoin’s parabolic growth points to $ 20,000, the market bullish cycle continues
[ad_2][ad_1] Bitcoin price hit $ 16,000 before retreating to confirm support at $ 15,800 before a possible take off. Ethereum’s bullish trend pauses as selling pressure builds, downside target of $ 440. Ripple is stuck in 50 SMA and 100 SMA but appears to be approaching a breakout. Cryptocurrencies are …
Read More »Blockchain Bites: Bitcoin’s Path to $ 20K, Ethereum’s “ Unannounced ” Fork, and Biden’s Crypto-Friendly Choices
[ad_2][ad_1] The Ethereum Infura fell, causing a break in the chain. The second largest bank in the world will issue $ 3 billion in blockchain bonds. President-elect Joe Biden’s transition team includes some well-known cryptocurrency commentators. Upper shelf Split chainOn Wednesday morning, around 08:00 UTC, the Ethereum infrastructure provider Infura …
Read More »Bitcoin’s path to $ 20K, Ethereum’s ‘unannounced’ fork, and Biden’s crypto choices
[ad_2][ad_1] The Ethereum Infura fell, causing a break in the chain. The second largest bank in the world will issue $ 3 billion in blockchain bonds. President-elect Joe Biden’s transition team includes some well-known cryptocurrency commentators. Upper shelf Split chainOn Wednesday morning, around 08:00 UTC, the Ethereum infrastructure provider Infura …
Read More »Bitcoin’s takeoff at $ 16,000 to trigger the next bull run
[ad_2][ad_1] Bitcoin holds between the resistance at $ 15,500 and the support at $ 15,000 as the consolidation carries. Ethereum is crucial at $ 460 for the drive to establish higher support and avoid potential losses at $ 430. Ripple’s side trading action could last longer, especially with the strong …
Read More »Bitcoin’s side price allows DeFi, Ethereum and altcoin to rise
[ad_2][ad_1] Over the past two days, Bitcoin’s price has been trading between $ 14,800 and $ 15,500, but the flagship digital asset has struggled to flip $ 15,500 to support. On the positive side, BTC continues to make higher lows and at the time of writing the price is trying …
Read More »Bitcoin’s hash power increases by 42% in two days
[ad_2][ad_1] The hash power of the Bitcoin (BTC) network has increased by around 30% in the past 24 hours, which, if argued, suggests that a major fix may be on the way soon. According to Coinwarz, Bitcoin’s hash rate currently stands at 157.5 exahashes per second (EX / s) after …
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