Cryptocurrency Analysis and News Portal
Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin impresses with stability on GDP printData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the
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Bitcoin price is gaining pace above $20,000 against the US Dollar. BTC is showing positive signs and might rise further towards $22,000
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Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBears lose big as Bitcoin climbsData from Cryptox Markets Pro and TradingView showed the pair tackling $20,700 at the time of writing, up over 7% in 24
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While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months
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Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests.The rise in the correlation between Bitcoin and gold (XAU) is one of the major indicators demonstrating investors’ confidence in BTC amid the ongoing economic downturn, according to digital
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“We [will] just chop between.. let’s say $17,000 and $23,000,” said Brandt. “I think we will bottom here at some point in time, maybe early next year, but then I’m not looking for bitcoin really to become exciting again for another couple of years.” Original Source
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Fat fingers? A Bitcoin (BTC) user spent over $200 to make a transaction, paying astronomically above the average fee. In a transaction that entered Bitcoin block 760,077, a user paid 1,136,000 satoshis, (0.0136 BTC or $220.52) to move 3.8 BTC ($63,000). This extraordinarily high fee is a whopping 1,000 times the
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The Bitcoin mining industry has aroused controversial debates globally due to its energy rate consumption.The Bitcoin mining difficulty has scaled to a new all-time high, 36.84 trillion, after recording a spike of 3.44 percent in the previous adjustment. The current Bitcoin hash rate stands at 257.77 EHs. The rise in
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An army of small Bitcoin (BTC) investors has been fighting with their larger counterparts for months to keep the price above $18,000.Bitcoin accumulation strong among fishesNotably, there has been some on-chain divergence between so-called whales (entities that hold more than 1,000 BTC) and fishes (entities that hold relatively smaller amounts of
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According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social Media Platforms to Lure
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