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Bitcoin Price Prediction as MicroStrategy Buys an Additional 155 BTC – Can BTC Reach $40,000 Soon?
2.11.2023
In a market where uncertainty is the only certainty, Bitcoin has surged past the $35,000 mark, a price point that has eluded it since the halcyon days of May 2022. This resurgence can be attributed to a confluence of strategic corporate maneuvering and monetary policy. MicroStrategy, under...
SUSHI and BDX Spearhead Market Surge as 2 Dozen Cryptos Witness Double-Digit Gains
2.11.2023
On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital assets have experienced double-digit growth this...
Bitcoin Price Prediction as Bernstein Says Bitcoin Could Hit $150,000 by 2025 – Best Time to Buy BTC?
2.11.2023
In a financial landscape where certainty is a rare commodity, Bitcoin price, which has crossed over $35,000 mark, has once again captured the attention of the market. Bernstein, a leading investment research firm, has projected a bold price target for the pioneering cryptocurrency, suggesting...
Bitcoin’s Climb to $35,000 Fuels Surge in Crypto Trading Activity – Is the Bull Market Starting?
30.10.2023
The cryptocurrency market has found new momentum by a recent rally that propelled Bitcoin’s value towards the $35,000 mark. The surge in price has not only caught the attention of investors but has also sparked a renewed interest in crypto trading, leading to a significant increase in daily...
Finder’s Experts Predict Bitcoin to Reach $87K by 2025, Settling at $30K by Year’s End
27.10.2023
Bitcoin (BTC), the leading crypto asset by market cap, has captured considerable attention within the realm of digital currencies, demonstrating robustness and a pronounced market dominance. As it currently stands, its value hovers slightly beneath the $34,000 mark. The latest bitcoin price...
Bitcoin Price Prediction as BTC Builds New Support at $34,500 – When is The Next Leg Up?
26.10.2023
Bitcoin , the pioneering cryptocurrency, remains strong on Thursday morning, comfortably hovering around the $34,000 mark. The total market cap of all digital currencies has climbed to an impressive $1.27 trillion, reflecting a 1.33% increase over the last 24 hours. Over the past week, Bitcoin...
Bitcoin’s Mempool Congestion: Unconfirmed Transactions Approach 700,000 in September
15.9.2023
Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “memory pool,” has not completely cleared...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 3-Month Low, as Bulls ‘Buy the Dip’
12.9.2023
Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its lowest level since March. Bitcoin Bitcoin fell...
Bitcoin, Ethereum Technical Analysis: BTC Starts Weekend Trading Close to $25,000
2.9.2023
Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red. Bitcoin...
Bitcoin’s Transaction Backlog Surges Past 400,000
20.8.2023
A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...
Idle No More: $11.4 Million in ‘Sleeping Bitcoins’ Wake up After Years of Dormancy
13.8.2023
Hovering just above the $29,000 mark, bitcoin’s value remained relatively stable while an interesting event occurred on Saturday afternoon: a dormant cache of 195.79 bitcoins, untouched for over seven years, was transferred for the first time since 2016. This action was followed by another...
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
31.7.2023
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each...
Bitcoin, Ethereum Technical Analysis: BTC Hangs on to $29,000 Level, Despite Increased Market Volatility
28.7.2023
Bitcoin remained above a key support point on Friday, despite bears attempting to push the price below $29,000. Today’s session saw sentiment once again shift bearish, as U.S. consumer sentiment data looms. Ethereum was mostly unchanged in today’s session. Bitcoin Bitcoin (BTC)...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000, Following Latest US Retail Sales Report
19.7.2023
Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient, climbing back above $1,900. Bitcoin Bitcoin (BTC) slipped...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
17.7.2023
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a weekend of profit taking. Ethereum was also down...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits 14-Month High, Following Ripple Ruling
14.7.2023
Bitcoin rose towards the $32,000 mark late on Thursday, as markets reacted to the news that a U.S. judge ruled that XRP was “not necessarily a security on its face.” The ruling was well received by the crypto world, and raised optimism that other crypto companies who are currently...
Bitcoin Price Skyrockets by Over 20%, Crossing $30,000 Mark: What Lies Ahead for BTC?
22.6.2023
The price of Bitcoin has witnessed an astonishing surge, soaring by over 20% in the last seven days and breaking through the significant milestone of $30,000.
This remarkable rally has attracted widespread attention, with investors and analysts eagerly anticipating what lies ahead for BTC. ...
Bitcoin Price Prediction: BTC Surges by Over 11%: Are We Heading Towards the $30,000 Mark?
21.6.2023
Bitcoin is grabbing attention once again, as it has witnessed a remarkable surge of over 11% in the past week.
Adding fuel to the fire, the launch of EDX, a new digital exchange, coupled with increasing institutional interest in cryptocurrencies, is creating a favorable environment for Bitcoin's...
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000, as Bulls Make a Comeback
17.6.2023
Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was also higher, closing in on $1,800 on Saturday. Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High
5.6.2023
Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high. Bitcoin Bitcoin (BTC)...