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Analysts explain why Bitcoin price can continue to rally with the next immediate target in sight being $40,000. The number of blockchain addresses holding at least $1,000 worth of Bitcoin (BTC), equivalent to 0.028 BTC at the current price of $35,115, has reached an all-time high of 8 million, as
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On-chain data shows the Bitcoin spot and derivative exchange reserves have both shot up recently, a sign that could be bearish for the price. Bitcoin Spot And Derivative Reserves Register Growth As pointed out by an analyst in a CryptoQuant post, the open interest and the funding rates are also heating up
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Bitcoin (BTC) will top $100,000 next year but a record-breaking bear market will follow, a popular trader believes.In a Twitter discussion on Oct. 22, Credible Crypto endorsed a theory that Bitcoin’s next halving will also see macro lows of just $10,000.BTC bulls need only wait a year for $100,000With consensus
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Bitcoin and other major altcoins have displayed a correlation between macroeconomic factors and virtual currencies. After the August CPI data release, almost
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In a major win for decentralization, members of MakerDAO, the lending protocol behind the Dai (DAI) stablecoin, have rejected a series of proposals that would have seen the protocol’s governance structure become more centralized. On Monday, the members of MakerDAO showed up to consider three proposals that would have reorganized the
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Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour.The year-long season sees golfers compete for the top spot on Sunshine Tour’s overall leaderboard, the Order of Merit. Crypto platform Luno,
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The king of cryptocurrency, Bitcoin, has slumped below its price support following crucial development on EPA environmental issues and other factors. Bitcoin price is now at $38,832.74 as of this writing. Now, many bitcoin experts are worried that Bitcoin’s price could plummet further as it struggles to hold onto the $38,000
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