Cryptocurrency Analysis and News Portal
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The number of addresses that acquired the cryptocurrency within 20% of the all-time high price climbed six-fold to a record 116,560 in the eight days to Nov. 2, amounting to 12% of the total count of non-zero addresses, according to data provided by blockchain analytics firm IntoTheBlock. Original Source
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Bitcoin remains range bound in lower timeframes trading at $54,277. The first cryptocurrency by market cap records almost no gains in the daily chart, but a massive 23.9% in the 7-day chart. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview The general sentiment in the market has flipped bullish, as
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sponsored Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute nightmare. From brokers screaming at each other across trading floors to the modern electronic trading systems of today, money talks in Wall Street. However, while the
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Bitcoin (BTC) headed lower on Aug. 5 after an attempt to reclaim $40,000 failed to garner buyer support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAccumulation recalls October 2020Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows of $38,700 on Bitstamp, down around 1.5% in several hours.The largest cryptocurrency
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Bitcoin (BTC) shot to new highs of $42,400 on July 31 in a surprise attack on range resistance which sellers failed to squash.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin seals 10 green candles in first since 2012Data from Cryptox Markets Pro and TradingView showed BTC/USD gaining for a tenth straight day
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The cryptocurrency market started the week on a good note with Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization breaking past the $50,000 psychological level, a great rebellion from the bear forces that has kept it down for days.The market has received renewed energy, and the appropriate palliatives to
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Despite the current performance of Tesla, analysts, including those bullish on the stock, are projecting a moderate price target.The shares of electric vehicle manufacturing company Tesla Inc (NASDAQ: TSLA) is down in the pre-market today stirring speculations that the shares of the most valuable automotive company in the world may
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The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.In it, Ferguson argues that bitcoin’s sovereignty and “built-in scarcity in a virtual world characterized by boundless abundance” are driving its adoption. He also argues that rather than adopt a China-style central bank digital currency, incoming
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Bitcoin price has been showing significant strength as Bitcoin (BTC) rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind.These investors were waiting for the close of the CME gap at $9,600, which didn’t occur. However, can the markets expect
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