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Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake...
Bitcoin Price Prediction as BTC Blasts Up 15% in 7 Days – Time to Buy?
19.2.2023
With Bitcoin surging 15% in just seven days, many investors are wondering if it's the right time to buy. In this article, we'll discuss the current state of the Bitcoin market and examine some Bitcoin price predictions for the future.
Let's take a closer look at the key fundamentals of...
Bitcoin continues to 'mirror' 2017 as weekend sees third attack on $25K
19.2.2023
A fresh burst higher into the weekly close for BTC price comes in tandem with suspicions over the motives of large-volume Bitcoin exchange traders
Bitcoin Price and Ethereum Prediction: Can BTC and ETH Reach New Highs After Breaking Out of Narrow Ranges?
19.2.2023
With Bitcoin and Ethereum stuck in narrow ranges for some time, investors are wondering whether the two leading cryptocurrencies can break out and reach new highs. Despite the recent volatility, there are several bullish indicators that suggest BTC and ETH may be gearing up for a significant move. ...
Bitcoin Price Prediction as BTC Spikes Above $24,000 – Where is the Next BTC Target?
19.2.2023
Bitcoin, the world's most valuable and well-known cryptocurrency, has once again seen a significant spike in price, surpassing the $24,000 mark for the first time in its history. This recent surge in Bitcoin's value has caught the attention of investors and traders worldwide, and many are...
The economics of cryptocurrency mining: Costs, revenues and market trends
18.2.2023
Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700, as Markets Rebound on Saturday
18.2.2023
Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was also back in the green, with prices nearing...
Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake
18.2.2023
Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February
Bitcoin Stock-to-Flow Model: What Is It & Can You Use It to Trade BTC?
18.2.2023
The crypto asset markets are constantly evolving, and with it, new tools and methods to understand and analyze the market. One such tool is the Bitcoin Stock-to-Flow (S2F) Model, which aims to predict the price of Bitcoin based on its scarcity.
In this guide, we'll explore what the Bitcoin...
Bitcoin Begins Bull Market? These Eight Key Indicators All Just Turned Green for the First Time Since Early 2021
17.2.2023
Earlier this week, eight out of eight key on-chain and technical indicators tracked by crypto analytics firm Glassnode’s “Recovering from a Bitcoin Bear” just signaled that the next Bitcoin bull market might be here. That was the first time that all eight indicators had been flashing a BTC...
Bitcoin Bears Beware – Yet Another Key Metric is Flashing a BTC Buy Signal
17.2.2023
Another key metric is flashing a Bitcoin buy signal. That’s according to a tweet by popular crypto analyst/influencer Mohit Sorout. According to Sorout, the so-called DCA Indicator, which he called “the mother of all BTC bullish signals” has flashed for only the fourth time ever....
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Bitcoin Price Prediction as BTC Sets New High for 2023 – Here's Where It's Headed Now
17.2.2023
During the US trading session, there is a bullish outlook for Bitcoin's price prediction as BTC has rebounded from the support level of $23,300. Bitcoin's price has been on a rollercoaster ride over the past few days, with significant price surges followed by steep drops. ...
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Bitcoin levels to watch as BTC price rejects at key $25K trendline
17.2.2023
It's all about a sea of Bitcoin resistance around $25,000 as the week draws to a close, but some favor the good times continuing
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge
17.2.2023
Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also dropped, after breaking into the $1,700 level on Thursday....
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
17.2.2023
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says...
Bitcoin metric prints 'mother of all BTC bullish signals' for 4th time ever
17.2.2023
The Bitcoin dollar cost average (DCA) indicator is firmly in "raging" bull market territory, while analysts consider whether its signals are too good to be true
Bitcoin Price and Ethereum Prediction: Will BTC & ETH Bounce Back After 38.2% Fibonacci Retracement?
17.2.2023
Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, experienced a significant bearish correction on Friday, with Bitcoin retracing 38.2% of its recent gains. Ethereum suffered a similar decline.
As a result, many traders and investors are now questioning whether this...
Bitcoin Margin Funding Rate Jumps Amid Latest Price Spike – Can New Investor Influx Keep Pumping BTC?
17.2.2023
Bitcoin funding rates on margin positions jumped to their highest levels in over two weeks in the past two days, according to data from the OKX and dYdX cryptocurrency exchanges and presented by crypto analytics website coinglass.com. Positive funding rates suggest that speculators are bullish...
Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month
17.2.2023
Galaxy Digital CEO Mike Novogratz says he wouldn’t be surprised if the price of bitcoin returns to $30,000 next month. “When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn’t surprise...
Bitcoin Shorts Get Obliterated as BTC Price Briefly Spikes Past $25K, Hits Eight Month High
17.2.2023
Bitcoin short-sellers have taken a battering in the past two days. That’s according to data presented by crypto derivative analytics website coinglass.com, which shows liquidations in short Bitcoin future positions worth around $100 million across major exchanges over the past two sessions, during...