Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into […]
Tag: btc
Ethereum Gains Momentum Surpassing Bitcoin In Holder Numbers Amid Buterin’s Roadmap Update
Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]
Tether’s BTC Holdings Surge As Bitcoin NFT Sales Achieve New Heights
Tether, a major player in the crypto space, which is recognized for its fiat-backed stablecoins, has recently made a significant move involving the leading cryptocurrency, Bitcoin. This is coming as the continued craze around BRC-20 tokens is still very much in play. Many traders and investors are making arguments on […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (December 31) – ORDI Resurges This Week Despite Crypto Market Meltdown
ORDI advanced buying pressure this week and broke through previous resistance to reach a new milestone today. It currently shows no signs of weakness as it continues to gain traction. It remains one of the most traded BRC-20 tokens so far. For almost two months, ORDI has been on a […]
BITCOIN PRICE ANALYSIS & PREDICTION (December 30) – BTC Trades Sideways Amid Low Volatility, Where Is It Heading Next?
Bitcoin continued to suspend bullish to a sideway trend. Although it currently looks weak following a 1% loss in the past hour. It appeared to be gathering momentum for a big price movement. Since the price fell from $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]
Bitcoin SV’s $BSV Surges To New Heights With 82% Price Increase, Defying Market Trends
While Bitcoin maintains a relatively steady position this week, its fork, Bitcoin SV ($BSV), has emerged as a notable player with significant upward momentum. Of course, this is despite Bitcoin experiencing a correction around the $44K mark. Also, Bitcoin SV has seized the spotlight with remarkable breakthroughs in the market. […]
BITCOIN PRICE ANALYSIS & PREDICTION (December 19) – BTC Signals Correction After Losing 7% Weekly, Is $40k Next Target?
The overall crypto market is down 1% today with Bitcoin dropping to its lowest level in two weeks. It has recovered briefly in the past hours but is likely to resume selling soon. Its dominance against altcoins currently stands at 52.1%. Bitcoin appeared to have finally suspended bullish after rejecting […]
Bitcoin Inscriptions Trigger Surge In Arbitrum Network Fees
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended […]
Bitcoin Faces Decline Below $41,000 Price Level Mark Amid Hash Rate Surge
Bitcoin ($BTC) has encountered a noticeable setback in its growth trajectory over the past month, raising concerns about the sustainability of its recent climb to $44,000. Based on Ali’s chart on X, Bitcoin’s price has dipped below a critical supply zone, ranging from $41,200 to $42,400. Within this range, 1.87 […]
Bitcoin Ordinals Token $SATS Skyrockets Over 200% After Binance Exchange Listing
In a rapid turn of events, the Bitcoin Ordinals token $SATS has experienced a significant surge in value shortly after being listed on the renowned cryptocurrency exchange Binance. The recent bullish momentum is not isolated to $SATS alone, as Ordinals Brc-20 tokens have been witnessing substantial price gains, creating a […]
Bitcoin Achieves New Milestone, Surpassing Recent Yearly High, As It Hits $44,000 Level
Despite the notable sell-offs witnessed as Bitcoin breached the $40,000 threshold over the past weekend, the leading cryptocurrency has sustained its bullish trajectory. In the face of significant declines in major tech stocks, a surge in Treasury yields, and a retracement in gold prices following a previous record high, Bitcoin […]
BITCOIN PRICE ANALYSIS & PREDICTION (December 4) – Bitcoin Breaks Higher After Weeks Of Contraction, Targets $44,000
As Bitcoin failed to provide a lower price discount, the price continued to break higher – registering a total of 50% gain in the last 30 days. More rallies are expected if it keeps breaking higher. Bitcoin advanced rally last week after staying in a three-week consolidation phase. It entered […]
Bitcoin Surpasses Expectations, Setting New Records as November Concludes, December Historically Poses More Surges For Bitcoin
As we bid farewell to a bullish November, Bitcoin ($BTC), the world’s leading cryptocurrency, achieved remarkable milestones, boasting a noteworthy 10% gain for the month and reaching a yearly high at $38,415 this week. ——————————————— New Record Bitcoin Hashrate———————————————490,000,000,000,000,000,000x Hashes Per Second pic.twitter.com/4eCTPhFT9U — Documenting ₿itcoin 📄 (@DocumentingBTC) November 29, […]
BITCOIN PRICE ANALYSIS & PREDICTION (November 29) – BTC Extends Consolidation Amid Low Volume, Signals Potential Divergence
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is […]
Mysterious Trader Spends $3.14 Million in Bitcoin Transfer Fees
Recently, an anonymous trader has caught the attention of the crypto community by racking up an astonishing $3.1 million in transaction fees while moving 139.42 Bitcoin. This eye-popping transaction fee has now etched its place as the eighth highest in Bitcoin’s 14-year history. Notably, back in 2016, the record for […]
Ethereum Layer 2 Blast Kicks Off With A Bang, Surpassing $109M In Total Value Locked (TVL)
In a notable stride towards enhancing Ethereum’s scalability, Ethereum Layer 2 Blast has made its debut in early access mode. With substantial financial backing of $20 million from investors such as Standard Crypto and Paradigm, Blast aims to set the stage as a frontrunner in Ethereum Layer 2 solutions, introducing […]
Make $MKR Sees Notable Whale Accumulation In Recent Days
The journey of Maker ($MKR) has been anything but predictable over the past few months. Despite hitting a yearly high at $1623, the market posed significant resistance, prompting the bears to take control. However, in a surprising turn, Maker seems to be gaining gradual momentum in recent hours, marked by […]
BITCOIN PRICE ANALYSIS & PREDICTION (November 24) – BTC Continues To Face Rejection Amid Low Volumes, Possible Correction?
Due to the latest price drops across the market, Bitcoin went red and lost over 4% in the last 24 hours. Still, its dominance stands at 51.8% as the fear and greed index drops to 67. More bleeding may surface! Bitcoin appeared to be losing ground again after a quick recovery […]