Unique entities hit their highest weekly average since early 2018 as bullish network momentum snowballs. Bitcoin (BTC) is seeing a surge in interest this summer, as consumer awareness is reflected in unique network entities hitting more than two-year highs. Unique entity growth mirrors 2017 bull run More unique entities are joining the Bitcoin network as […]
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The price of Bitcoin is set for a weekly candle closure above $11,500 for the first time since August 2019. The price of Bitcoin (BTC) is hovering at $11,300 and is nearing a pivotal technical level, which some traders are arguing makes $11,500 “the most important” level to confirm a new bull cycle for BTC. […]
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In its latest weekly report, Glassnode warns that despite strong network fundamentals, Bitcoin remains at risk of a macro-induced plunge. Bitcoin (BTC) is showing all the signs of further price gains but macro markets could still bring the bull run to an end, says Glassnode. In its latest weekly update, The Week On-Chain, the analytics […]
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Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies. Ari Paul, CIO and co-founder at crypto hedge fund BlockTower Capital, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by the monetary policies of central […]
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The price of Bitcoin dropped 13% in 15 minutes on Sunday, and traders are seeing various scenarios playing out for BTC. The price of Bitcoin declined by more than 13% within 30 minutes on Aug. 2. The shocking short-term price action caused $1 billion worth of liquidations in futures contracts for Bitcoin (BTC) and Ethereum’s […]
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Bitcoin price continues to test the $11,400 level, leading top crypto analysts to believe a rally to $12,000 could occur soon. The price of Bitcoin surpassed $11,400 for the third time in three days, breaching a critical resistance level. Earlier today BTC price reached $11,444 but it quickly rejected back to the $11,250 range. Surprisingly, […]
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The price of Bitcoin spikes to $11,200 but three key factors suggest that a short-term pullback is likely as the BTC rally becomes overheated. The price of Bitcoin (BTC) has increased from $10,995 to over $10,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top […]
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Bitcoin balances on major exchanges drop to levels not seen since last summer’s bull run as demand and BTC price are on the rise. As July comes to a close, the amount of Bitcoin (BTC) held by major cryptocurrency exchanges has reached its lowest level since late May 2019. At that time, Bitcoin’s price was […]
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Billionaire investor and Gemini founder Cameron Winklevoss says the next Bitcoin bull run will be “dramatically different.” Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared to previous bull markets, Winklevoss noted that there is substantially more capital, infrastructure, and better projects. […]
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Blockfyre co-founder Simon Dedic says that the recent influx of money into the crypto space is evidence that a strong bull market has already begun. Recent months have seen a surge of fresh money entering the crypto markets, from oversubscribed token sales to 100%+ price gains for tokens like Cardano (ADA), Chainlink (LINK) and VeChain […]
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