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Bitcoin (BTC) buyers should enjoy the chance to add to their stack below $40,000, says one of the crypto industry’s household names.In a post on X (formerly Twitter) on Nov. 24, PlanB, creator of the stock-to-flow family of BTC price models, hinted that current levels would not be around long.PlanB:
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Lucy Hu, a senior analyst at Metalpha, told CryptoX that the new peak in mining difficulty, driven by the recent price surge and the halving's proximity, will lead to the dominance of advanced rigs like the Antminer S21, benefiting firms with the latest equipment. Source
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Bitcoin briefly touched $38,000 on Friday morning for the first time since May 2022 amid quiet trading in traditional markets on the day after the U.S. Thanksgiving holiday. The cryptocurrency has since retreated slightly, but remains 1.5% up on the day, with some observers predicting it will climb higher in
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Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking.BTC/USD 1-hour chart. Source: TradingViewBitcoin fights for new 18-month highData from Cointelegraph Markets Pro and TradingView showed the BTC price trajectory heading upward into the Wall Street open.The largest cryptocurrency saw increasing momentum
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"Bitcoin bounces around in an ascending channel, hitting its three-week upper resistance of $37.8K on Wednesday evening. An intensifying sell-off thwarts attempts to heat the price, but the pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment," Alex Kuptsikevich, a senior market
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Bitcoin (BTC) may not see a $40,000 BTC price reclaim despite increasing excitement over a spot exchange-traded fund (ETF).In recent analysis, crypto market participants have started to reconsider just how bullish the ETF narrative really is for BTC price action.Trader: "Not sure" BTC price will reach $42,000The dust continues to
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is an award-winning media outlet that strives for the highest journalistic standards and abides by
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A Bitcoin user paid 83.7 Bitcoin (BTC), worth $3.1 million, in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the eight-highest in Bitcoin’s 14-year history.The BTC wallet address bc1qn3d…wekrnl tried transferring 139.42 BTC to bc1qyf…km36t4 on Nov. 23, only to pay more than half the
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On Nov. 23 an unknown Bitcoin owner sent 139.4 BTC to AntPool, triggering over $3 million in fees. According to journalist Colin Wu, the transaction fee was 83.65 BTC. According to mempool, today bc1qn3d…wekrnl paid a fee of 83.65 BTC (approximately $3.136 million) when transferring 139.42 BTC to bc1qyf…km36t4, and finally
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by
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