News WordPress Theme

Are Bitcoin miners bullish? BTC mining difficulty sees biggest bump in 3 months

Total BTC outflows from miner addresses. Source: CryptoQuant. Given that the halving in May, the overall outflows of BTC from miners have been gradually reducing usually– the opposite of BTC/USD. For this reason, miners are still showing no indications of major selling despite the cost of Bitcoin escalating to over $41,000 in the previous week.. Whats more, the Miners…

Read More

Bitcoin price volatility spikes as BTC whales sell each new high

Bitcoin price has actually re-established the $40,000 level as support however as bull push towards a brand-new all-time high the possibility of another sharp sell-off looms. According to experts at Material Indicators, a crypto analytics business, mega-whales offered off steeply when Bitcoin struck $40,000 on Jan. 7. This caused a fast 10% drop to the $36,000 area over the…

Read More

Bitcoin price now within 10% of $40,000 after ranging flips to new highs

Bitcoin (BTC) reached fresh all-time highs on Jan. 7, coming within striking distance of $40,000. Cryptocurrency market summary. Source: Coin360 BTC cost reaches $37,800. Information from Cointelegraph Markets, Coin360 and TradingView showed Bitcoin getting yet another increase over night on Wednesday as protestors stormed the Capitol in Washington D.C . After revealing indications of continuing strength during trading the…

Read More

What’s next for Bitcoin price after $35K? Bulls and bears speak out

Bitcoin NVT is determined by dividing the marketplace capitalization of Bitcoin by the daily volume of transactions processed on the blockchain in U.S. dollars. The indicator is typically used to identify whether Bitcoin is miscalculated or underestimated at the offered time. Woo said that the greater speculative premium in the area market, which happens due to real purchaser need,…

Read More

Dem candidate beats former Bakkt CEO Kelly Loeffler in tight senate race

Senator Kelly Loeffler, formerly the CEO of Bitcoin (BTC) futures exchange Bakkt, will not be going back to Washington, at least not as a legislator.. According to AP News on Jan. 6, Democratic prospect Raphael Warnock has actually won one of the firmly contested overflow elections in the Southern state of Georgia.. The runoff elections have actually been carefully…

Read More