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New Bitcoin Address Momentum Looking Bullish, What This Means For BTC Price
19.1.2023
A shift in new Bitcoin address momentum is sending a signal that the world’s largest cryptocurrency might be in the beginnings of a new bull market, data from crypto analytics firm Glassnode reveals. According to Glassnode, the 30-Day Simple Moving Average (SMA) of New Addresses has now been above...
Crypto Crowd Sentiment Surges as Bitcoin Bulls Bet the Bottom is In
19.1.2023
Prior to the recent DoJ FUD (fear, uncertainty and doubt) and US equity market weakness-induced pullback in Bitcoin and broader cryptocurrency markets on Wednesday, the crypto trading crowd was having its second most bullish week in terms of sentiment in the past 14 months, crypto analytics firm...
Bitcoin Whales Show Confidence in Latest Rally as They Refuse to Sell, On-Chain Data Reveals
18.1.2023
Despite the rally in Bitcoin that has seen prices jump around 27% since the start of the year, on-chain data suggests that Bitcoin whales are not using the pump as an opportunity to sell their holdings. According to some analysts, this is a sign of confidence that the recent rally signals the start...
Has Bitcoin Entered Its Next Bull Market Cycle? This Analyst Thinks It Might Have
18.1.2023
Bitcoin may be at the start of a bull market that could last another nearly 1000 days, according to chart analysis from the pseudonymous crypto-focused Twitter account @CryptoHornHairs. According to a chart shared by CryptoHornHairs on the 11th of January, Bitcoin is at the beginning of a near...
Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected
18.1.2023
Bitcoin and wider crypto prices are getting a strong tailwind today after the release of the latest US economic data shows softening inflation and slowing retail sales.
Bitcoin at the time of writing is priced at $21,565, up 0.9% and Ethereum is currently 0.85% higher at $1,602.
The closely...
Researchers Say These 7 Factors Will Determine Bitcoin Prices in 2023
18.1.2023
Researchers at the South Korean crypto exchange Bithumb have named seven factors they believe will affect bitcoin (BTC) and crypto prices in 2023 – and determine whether the bear market will give way to bullish forces for a sustained period.
The crypto exchange’s researchers claimed that bitcoin...
Why Pay Market Price for Your Bitcoin? Do This Instead
18.1.2023
As we enter 2023, how about making your new year’s resolution to earn a better profit from digital currencies?
One of the best ways you can do this is with an innovative new program from the ever reliable ArbiSmart project. The popular EU authorized interest-bearing wallet and financial services...
Bitcoin Transactions Surge to 21 Month High – What This Means For BTC Price
17.1.2023
The number of transactions recorded on the Bitcoin blockchain jumped to nearly 300,000 on Saturday the 14 of January, its highest level since April 2021, according to data from crypto analytics firm Glassnode. Just a few weeks ago, daily transactions had been as low as 240,000....
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Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines
17.1.2023
Though the price of bitcoin (BTC) is up 23% in a week, institutional investors are "just watching" for now, found the blockchain analytics firm CryptoQuant.
After two months of its price hovering around $16,000-$17,000, bitcoin is seeing green fields again. It went up 2% over the past 24 hours...
Skybridge Capital is Predicting Bitcoin Gets to $35k This Year But is That Hope Over Realism?
17.1.2023
Global investment firm SkyBridge Capital is betting on Bitcoin reaching the $35,000 price level by the end of 2023 on the back of a sustained turnaround in the crypto market.
While admitting this view was "overly bullish," SkyBridge Capital founder Anthony Scaramucci said the recent crypto rally...
What Bitcoin Price Models Flashing Green Reveal - Is Crypto Winter Turning to Spring
16.1.2023
Bitcoin has been pumping since the start of 2023. The world’s first and largest cryptocurrency by market capitalization was last changing hands close to $21,000, up a stunning 27% so far on the month. That means Bitcoin is on course for its best monthly gain since October 2021, despite the month...
Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls
16.1.2023
The difficulty of mining a bitcoin block has increased by around 10% during the latest adjustment, suggesting that more miners are coming back online as prices continue to recover.
The adjustment at block height 772,128 is the biggest downward change since October 10, 2022, when the metric rose...
Bitcoin (BTC) registers profit booking near 200 EMA!
16.1.2023
With Bitcoin’s market capitalization still being larger than the combined value of the top 8 cryptocurrencies, the dominance of BTC can easily be threatened. Bitcoin is considered the original and most well-known cryptocurrency since it has been around since 2009. Bitcoin is a highly stable...
Why Crypto Prices Are in For A Strong Week Ahead as Bitcoin Strengthens Above $20k
16.1.2023
After over a year of bear market, with the Bitcoin price falling from the highs of $69k to lows of $15k, there finally appears to be some bullish sentiment, with the Bitcoin price appreciating once more and the rest of the market following suit.
Ethereum has also managed to reclaim $15k,...
Hive Blockchain Shares Are Up 100% YTD, Deploys Intel’s Blockscale Chip For Bitcoin Mining Machines
16.1.2023
The shares of Bitcoin (BTC) mining firm Hive Blockchain (HIVE) are up more than 100% since the year began, while it just recently deployed its first machines based on Intel's (INTC) Blockscale chips.
Between Tuesday, January 3 and Friday, January 13, 2023, HIVE shares jumped 104.6%.
On January...
Bitcoin Price Takes Breather at $21k Two Month High - Is $30k by End of Month Possible?
14.1.2023
Bitcoin price is extending the week-long rally that has seen it blast past $20,000 for the first time since early November. Bulls have $24,000 in sight, but first, they must disperse the stubborn seller congestion zone at $21,000.
Over the last two weeks, Bitcoin price has disapproved calls...
Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw a 300% Spike in Sales
12.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw...
El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
12.1.2023
El Salvador’s congress has passed a digital securities law that would allow the nation to issue Bitcoin-backed bonds, also known as Volcano Bonds.
The Legislative Assembly of El Salvador approved the bill by 62 votes to 16 on January 11. The bill will become law after being ratified by President...
Mark Cuban Wants to Buy More Bitcoin and Thinks Gold Buyers Are Dumb
11.1.2023
Billionaire investor and TV personality Mark Cuban is looking to buy more bitcoin (BTC) despite the asset being down 75% from its peak.
“I want Bitcoin to go down a lot further so I can buy some more,” Cuban said in a recent podcast interview with talk show host Bill Maher.
Bitcoin is down...
Group One “Beneficially” Owns 13% of MicroStrategy in Big Bitcoin Bet - Is the BTC Bottom In?
11.1.2023
Chicago-based trading firm Group One Trading has taken a massive bet on bitcoin (BTC) by taking a “beneficial” position representing 13% of bitcoin bull Michael Saylor’s company MicroStrategy.
The bet on MicroStrategy’s stock included bullish options that gives the trading firm the right to...