Hash rate has also tumbled on the Bitcoin network. The Bitcoin network has slowed down amid Bitcoin’s (BTC) new price highs, causing a large number of unconfirmed transactions. According to mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27. This is the highest number of unconfirmed Bitcoin transactions […]
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A record “organic” price valuation based on long-term investors paves the way for uncharted price territory for Bitcoin, the statistician says. Bitcoin (BTC) has already hit an all-time high this week, according to one price measurement from popular statistician Willy Woo. In a series of tweets on Oct. 27, Woo added to his recent bullish […]
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With Bitcoin’s rises past $13,700, the company’s BTC holdings are currently worth more than $525M. Business intelligence firm MicroStrategy’s Bitcoin investment is paying off in a big way, with an estimated $100 million in profit. According to data published Oct. 27 by independent crypto researcher Kevin Rooke, MicroStrategy has earned more from its Bitcoin (BTC) […]
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Bitcoin price is moving toward $14K but traders expect the $13,875 resistance to be a critical level for the short term. The price of Bitcoin (BTC) has surpassed $13,745 and is now en-route to the next major resistance level. Traders have suggested that $13,875 is the nex key short-term area for BTC for two major reasons. […]
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Reports of a fresh market entry from a Singapore bank buoys Bitcoin price as Raoul Pal sees hardly any resistance below $20,000 all-time highs. Bitcoin (BTC) hit new highs of $13,480 on Oct. 27 as fresh news that a bank was entering the cryptocurrency space fuelled already bullish markets. Cryptocurrency market daily overview from Coin360 […]
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An abrupt u-turn in liquidity is apt to take the Bitcoin spot price almost $2,000 lower, on-chain analyst Cole Garner predicts. Bitcoin (BTC) stayed above $13,000 on Oct. 27, but one analyst is warning that the largest cryptocurrency is due for a major correction. In a tweet on Tuesday, on-chain analyst Cole Garner forecast that […]
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Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur. Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P 500 is 0. Pomp stressed that the lack of correlation shows that Bitcoin is a […]
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Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback. The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend […]
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The price of Ethereum’s Ether is continuing to show weakness against Bitcoin despite its latest rally above $400. While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum’s Ether (ETH) shows weakness, particularly the ETH/BTC pair. ETH weakness is also a clear indication that most altcoins are not […]
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Another bullish start to the week comes as macro markets falter and one analyst says price growth will go “vertical” in early 2021. Bitcoin (BTC) starts a new week still at $13,000 and wholly unfazed by problems in the global economy — what’s in store next? Cointelegraph takes a look at the potential issues at […]
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