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Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView"So near yet so far" for BTC price all-time highData from Cointelegraph Markets Pro and TradingView showed BTC/USD drawing little attention as it tracked sideways
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Bitcoin's (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops.Dubbed MVRV, the risk metric represents the ratio of Bitcoin's market value to its realized value — similar
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Bitcoin (BTC) may be over seven times higher than at its last halving, but if history repeats, that number could grow another 300% and more.As tracked by on-chain data source Ecoinometrics this month, BTC/USD has the potential to eclipse estimates simply by following historical precedent.Bitcoin: Compared to 2017, you ain’t
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Despite Bitcoin reaching new highs, the BTC SOPR data may suggest current market activity resembles that of an early bull run. Bitcoin SOPR Shows Profit Taking Is Mild Despite New ATH As per the latest weekly report from Glassnode, the BTC SOPR shows that the current profit taking behavior of the market
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Join Cryptox host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: After the markets news update, special guest Eric Balchunas discusses the recently launched
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The product comes at a time when bitcoin mining has become a lucrative business with high profit margins thanks to a rally in the price of the world’s biggest cryptocurrency by market value. However, the challenges of setting up machines and the lack of access to cheap electricity have made
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The crypto exchange is adding to its growing list of sports-related ad buys with a commercial during the biggest sporting event of the year. Oct 26, 2021 at 8:06 p.m. UTCUpdated Oct 26, 2021 at 8:13 p.m. UTC2021 Super Bowl MVP Tom Brady (Getty Images) Original Source
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Zimbabwe’s increasingly pro-crypto finance minister, Mthuli Ncube, recently told his colleagues in government that it is now impossible to run away from cryptocurrencies. Ncube said this after revealing that some 30% of the country’s youth are now invested in cryptocurrencies. Zimbabwe Ready to Make Concessions on Cryptos According to a report
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Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next?After an encouraging weekend, BTC/USD faces an increasingly bullish macro climate and a host of expectations from analysts who demand that October changes the game.Q4, they say, should
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Bitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on the other hand,
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