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Ordinal NFTs Push Bitcoin Network Activity to Near 2-year High – What This Means for the BTC Price?
9.2.2023
The 14-Day Exponential Moving Average (EMA) of the number of transactions taking place on the Bitcoin network hit its highest level since April 2021 earlier this month, according to data from crypto analytics firm Glassnode. The 14-Day EMA of transactions recently surpassed 300,000, with analysts...
Bitcoin Addresses With Non-zero Balance Hit New Record High – Will New Investors Pump the BTC Price?
9.2.2023
The number of Bitcoin wallet addresses holding a non-zero balance of the world’s first, most popular and largest cryptocurrency by market capitalization hit a new record high this week, suggesting the Bitcoin network’s global adoption continues to press ahead despite 2022’s challenging bear market...
Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip
9.2.2023
Bitcoin may go "hard lower" if it fails to preserve the area around $22,500, market participants say
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
9.2.2023
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens
9.2.2023
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move...
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
9.2.2023
The ex-BitMEX CEO announces a BTC deployment "over the coming days" amid hope that the good times will last for crypto until the middle of the year
Bitcoin and Ethereum Price Prediction: Will The Triple Bottom Of $22,350 Trigger A Bullish Bounce In BTC?
9.2.2023
Bitcoin rose today, but it decreased steadily. Today’s values are only marginally better than the all-time low hit on Wednesday, when bitcoin dropped by as much as 4.5%. Ethereum also fell with a value lower than yesterday’s high; this decline has been caused by inflationary concerns...
Ethereum and Bitcoin offer stability, Orbeon Protocol offers high returns
9.2.2023
Ethereum (ETH) and Bitcoin (BTC) have both seen strong price increases throughout January. Ethereum saw highs of $1645, while Bitcoin increased to $23,800. Going into February, both projects increased in price once again, but how much can the average investor capitalize on them? Due to the price...
Hut 8 merger would've happened even without FTX or crypto turmoil, says CEO
9.2.2023
Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter
Bitcoin Price Prediction as BTC Forms New Support at $23,000 – Here's Where BTC is Headed Next
9.2.2023
Bitcoin has been making headlines in recent months due to its rapidly increasing price and newfound mainstream popularity. As of writing this, BTC has formed a new support level at $23,000, leading many to speculate on where it will head next.
In this article, we will deep dive into the current...
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
8.2.2023
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number...
Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
8.2.2023
Bitcoin and major altcoins are witnessing a tough battle between the bulls and the bears, indicating indecision in the near term
BTC price metric which cued biggest Bitcoin bull runs brakes out at $23K
8.2.2023
Bitcoin's January performance has sparked an event which preceded the start of every macro bull market, data reveals
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes
8.2.2023
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could continue to hike rates, should the data show the need for action. Bitcoin was also boosted...
Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
8.2.2023
Bitcoin exposure may be down 77.5%, but Tesla still has the third-largest BTC holdings of a publicly listed company
Bitcoin bulls stumble at $23.4K as Fed's 'disinflation' sparks BTC price rally
8.2.2023
Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000
Bitcoin and Ethereum Price Prediction: BTC & ETH Are On The Rise, Where Will They Go Next?
8.2.2023
Bitcoin has been recovering strength and is now trading above the $23,000 mark, after the announcement on Tuesday by US Federal Reserve Chair Jerome Powell that inflation is beginning to decrease. On the other side, Ethereum has recently been able to maintain stability at the $1,650 mark. ...
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DCG offloads Grayscale shares to raise capital: Report
8.2.2023
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity
Bitcoin Investors Are Back in Profitability – Does this Mean the Bear Market Capitulation Phase is Over?
7.2.2023
In wake of a month of explosive upside, “Bitcoin is consolidating above the on-chain cost-basis of several cohorts,” crypto analytics firm Glassnode said in their latest weekly on-chain newsletter. As a result, this has put “the average BTC holder into a regime of unrealized profit,...
Bitcoin “Golden Cross” Confirmed – What Next for BTC Price?
7.2.2023
An important technical event just occurred in the Bitcoin market. For the first time in more than a year, Bitcoin’s 50-Day Simple Moving Average (SMA), now at $19,825 just moved to the north of its 200-Day SMA, now at $19,723. When the 50-Day SMA moves above the 200-Day SMA, technicians refer...