Cryptocurrency Analysis and News Portal
Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says.In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, revealed history repeating itself according to the RHODL Ratio metric.RHODL Ratiocreator on BTC price: "Zoom out"RHODL
Read More
On Tuesday, the transaction fees on bitcoin represented 75% of the current block reward, currently at 6.25 BTC, as opposed to the usual 2%-5%, said Tim Rainey, treasurer at Greenidge Generation Holdings (GREE). “This is approximately equivalent to the increase in mining revenue if the bitcoin price surged from the
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The price of bitcoin (BTC) has risen sharply since the start of the year and especially days after the banking crisis in the United States. Specifically, bitcoin strengthened as the Silicon Valley Bank (SVB) went bankrupt
Read More
As the Bitcoin Cash enthusiasts brace themselves for the much-awaited upgrade that vows to unleash decentralized applications, General Protocols revealed a complete production release of its decentralized hedging application, boasting a doubled contract size. Meanwhile, those utilizing the privacy-boosting protocol Cashfusion have fused over 17.4 million bitcoin cash since its
Read More
Millions worth of pepe tokens are held by a small number of wallets, with one such wallet seemingly a memecoin bull. Original Source
Read More
The price of silver fell 2.85% against the U.S. dollar last week. However, taking a broader perspective, the precious metal has made significant gains this year. Over the past six months, silver has risen more than 29% against the greenback, and as of April 22, 2023, it was hovering around
Read More
You might not have heard of the reserve risk multiple, but right now, it's signaling a continued bitcoin price rally in months ahead. Source
Read More
Per Bernstein, the new crypto cycle is still not fully appreciated, with a number of positive factors lining up. These include macro catalysts, a new bitcoin mining cycle, the continued successful upgrades of the Ethereum blockchain, and the success of Ethereum scaling ecosystems such as Arbitrum. Original Source
Read More
In traditional markets, the dollar index, which gauges the greenback's exchange rate against majors, rose to 101.80, extending Friday's 0.5% jump from 101.00. The yield on the two-year note gained nearly five basis points to 4.16%, extending the past week's 15 basis points rise. The yield on the 10-year note
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin has been bullish since the beginning of the year, making it above the $30,000 barrier for the first time since June 2022. However, some analysts believe that the rally is not over yet and that
Read More