Bitcoin’s Hashrate Falls to a Yearly Low

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Ethereum Price to Hit $19,842 by 2025 According to 35 Experts

Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl.

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Here's what the average US adult knows about XRP, Cardano, Litecoin, Chainlink, DOT, BCH, USDT

In 2020 we witnessed institutional investors step forward in support of cryptocurrency; major companies like PayPal, MicroStrategy, and TIME put forward their bitcoin strategy to either suppThe post Here's what the average US adult knows about XRP, Cardano, Litecoin, Chainlink, DOT, BCH, USDT appeared first on AMBCrypto.

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MicroStrategy continues Bitcoin accumulation marathon, buys $15 million worth of Bitcoin

Apparently, the act of continuously accumulating Bitcoin is a practice that the software intelligence firm MicroStrategy has made a tradition. The company has just bought 253 Bitcoins, which is worth $15 million at press time, at an average price of $59,339.

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GBTC discount hit all time high, so where will Bitcoin's price head next?

Grayscale Bitcoin fund products have traded at average discounts of 4.66% and 4.34% compared to NAV (net asset value) throughout March. This comes at a time when Bitcoin's price has dropped over 8% inThe post GBTC discount hit all time high, so where will Bitcoin's price head next? appeared first on AMBCrypto.

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Ethereum (ETH) Skyrockets Above $2,000 for the First Time Ever

At the time of writing, ETH/USD is changing hands at $2,000, having gained over 5%, in the past 24 hours, and over 200%, since the start of the year. Ethereum’s market capitalization has surpassed $230 billion, while an average daily trading volume exceeded $40 billion.

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Crypto Exchanges Witness Second-Largest Traffic Volume in 3 Years

Despite an average December of almost 200 million, the number of people flocking to crypto exchanges has spiked 75% per month.    It’s the second time in three years that the crypto community has faced such a significant increase in user activity.

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Ethereum Transaction Fees Hit Record Highs as Ether, DeFi Coins Soar

The average Ethereum transaction fee has passed $20 for the first time.

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ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark

After the ether token surged past the $1,000 mark on January 3, the average transaction fee on the network similarly soared to a new all-time high (ATH) of $17.41, some 24 hours later. Although the average fee has since retreated, data on January 8 shows that the latest average fee at $9.79. This figure still […]

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Average ETH Gas Fee Reached new ATH Amid Trading Surge

With the price of ETH crossing the $1,000 mark for the first time since 2018, the average gas fee on the Ethereum network set a new all-time high (ATH) on Jan. 4. Ethereum Gas Fees Almost Touched $20 According to data from YCharts on Monday (Jan.

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Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […]

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Bitcoin supply at 22-month low: What's your plan?

Bitcoin active supply with a 1-day Moving Average has hit a 22-month low. The last time when BTC supply dropped to this level, the price was in the $3.5 to $3.7k range. Since the last week of SeptembeThe post Bitcoin supply at 22-month low: What's your plan? appeared first on AMBCrypto.

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Bitcoin Hash Rate Hits Record Average High With $12K Price in Sight

Bitcoin’s seven-day average hash rate passes 129 TH/s for the first time as the price continues to meet resistance at the $12K level.

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Ethereum's gas fee skyrockets, what's the DeFi link?

Ethereum gas fees hit a level seen 5 times in the last 4 years; why? The average gas fees on Ethereum blockchain has hit a level not seen in a long time. The average gas fees, at the time of writinThe post Ethereum's gas fee skyrockets, what's the DeFi link? appeared first on AMBCrypto.

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Are ETH’s Scalability Issues Finally Over? Buterin Says Ethereum’s Layer 2 Scaling Strategy Has ‘Basically Succeeded’

The ethereum network has been plagued with bottleneck scalability issues for the longest time due to increased usage. As a result, the network has faced severe congestions with the average transaction fees increasing significantly.

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Bitcoin Fees Reach Two Years High as Hashrate Sees Massive Drop

Bitcoin fees have now risen to their highest level since February 2018 during the very peak of prices. For the first time since, they have now reached on average $6.62... The post Bitcoin Fees Reach Two Years High as Hashrate Sees Massive Drop appeared first on Trustnodes.

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Bitcoin Yearly Moving Average Hits New All-Time High

Bitcoin’s yearly moving average just hit a new all-time high, exceeding the prior high set following a year of bullish price action in 2017. At around $9,600 at the time of writing, the actual price of Bitcoin remains a long way from its all-time high.

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$14,000: Bitcoin Could Set Fresh Post-2017 Highs if it Recaptures Key Moving Average

Bitcoin has been flashing signs of bourgeoning technical strength in the time following its recent dip to lows of $8,100. From this point, the cryptocurrency has been able to incur a steady climb higher that has since allowed it to once again surmount the $9,000 region.

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Bitcoin Price Yearly Average Nears All-Time High Above 9K Pre-Halving

The yearly average for BTC/USD is circling $9,000 for only the second time in history amid bullish halving sentiment.

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Bitcoin is range-bound: Next struggle will be the 200-DMA at $8,000

After struggling for more than a week, Bitcoin has managed to breach the 50-day moving average [yellow] and stay above it. In doing so, the price has lost momentum and was range-bound at press time.

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Litecoin price could retest $30-level as moving average's gauge expands

All is not well for the seventh-largest cryptocurrency, Litecoin, it has not been good for quite some time now. Soon after its scheduled block reward halving, LTC underwent a downward spiral. DesperatThe post Litecoin price could retest $30-level as moving average's gauge expands appeared first on AMBCrypto.

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Did not buy the dip? Dollar Cost Average Bitcoin your way back into the market

People from all walks of life who are interested in making money wonder, "When would be the best time to buy stocks, securities, bonds, a house, Bitcoin, etc?" However, when it is time to invest, tThe post Did not buy the dip? Dollar Cost Average Bitcoin your way back into the market appeared first on AMBCrypto.

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Bitcoin's volume drops to 2020 average as price flirts with $7K

The 9.38% surge Bitcoin's price recorded yesterday was followed by a correction that was represented by a huge red candle on the charts. At press time, the world's largest cryptocurrency was being traThe post Bitcoin's volume drops to 2020 average as price flirts with $7K appeared first on AMBCrypto.

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Q2 historically generated large gains for Bitcoin, but this time may be different

Historically, the Bitcoin price has tended to increase in the second quarter of every year. In the past six years, with the exception of 2018, BTC’s price has increased by 80 percent on average from April to June.

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Bitcoin to See Major Increase Based Off of Three Economic Signals

It’s been a difficult time for the stock market. S&P 500 and Dow Jones Industrial Average have lost over 30% value in march by far. These numbers also signal major volatility, with swings of more than 1,000 points.

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Dow Suffers Worst Week Since 2008 While Bitcoin Finds Support

The Dow Jones Industrial Average dropped 900 points on Friday to close the worst week in more than a decade. [CNBC] The week saw a 17% decline, just shy of the 18. 2% drop in October of 2008. The Dow is now 35% below its all time high in February—a remarkably rapid reversal.

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Binance CEO Isn’t Worried About Bitcoin, Says “Demand is Increasing”

On February 17, the Dow Jones Industrial Average was near its peak at 30,000, driven by the longest US economic expansion in history. During that time, bitcoin was trading above $10,000. Over the next thirty days, the coronavirus (Covid-19) burst out of China with major outbreaks in Italy, South Korea, France, Spain, Germany, the UK, […]

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Bitcoin’s Average Block Time Spikes to 13 Minutes for the First Time Since Late 2018

Bitcoin has been consistently processing blocks more slowly as of late. For the past few days, the block time on the network has been more than 13 minutes. Blocks times are slowing down on Bitcoin’s network.

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Bitcoin May See Substantial Increase Based on 3 Economic Signals

Last week was another harrowing time for stock traders. The Dow Jones Industrial Average lost 1%, and the S&P 500 shed 1. 7%. These numbers also belie the massive volatility, with swings of more than 1,000 points twice.

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Bitcoin (BTC) Golden Cross Detected. Time to Buy?

The 'Golden cross' is one of the simplest indicators in technical analysis. It is the situation where two moving average lines (50MA and 200MA) cross each other

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Huge XRP Rally Triggers Key Indicator to Light Up For First Time in a Year

XRP has been rallying throughout the last week, pushing through downtrend resistance and is potentially ready to reclaim former highs. The first step in an attempt at breaking above recent bear market rally highs is recapturing the 200-day moving average – a feat that XRP just achieved after the latest pump above.

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Top Analyst Who Called Bitcoin’s Rally to $9,500 Warns a “Hard Dump” May Happen

If you told investors in mid-January that Bitcoin would soon surmount $9,000, they might’ve thought you were crazy. At the time, the cryptocurrency had just been rejected multiple times from key resistances in the high-$8,000s — namely the ever-so-important 200-day moving average (seen as a “make or break” level) and the horizontal right around $9,000... The post appeared first on NewsBTC.

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Here’s How Many Hours the Average American Needs to Work to Earn 1 Bitcoin

The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more […] The post Here’s How Many Hours the Average American Needs to Work to Earn 1 Bitcoin appeared first on BeInCrypto.

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Bears In Control As Cryptocurrency Market Turns Lower

The broader cryptocurrency market came under pressure on the second trading day of 2020, as Bitcoin and other major cryptocurrencies slipped into negative territory for the month. The first cryptocurrency fell back towards $7,050 after being rejected from its 200-period moving average on the four-hour time frame.

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The Most Lucrative Signal in Bitcoin History Just Flipped Buy

Bitcoin is the best performing investment of the last decade, bringing investors who bought the asset early unimaginable returns. An important metric in Bitcoin has just signaled buy for the tenth time in the asset’s history, with each time the buy signal occurring in the past resulting in an average of 5,000% returns following.

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Bitcoin Prices Rise Again Above $7,000

Coinspeaker Bitcoin Prices Rise Again Above $7,000Bitcoin prices rise again above the psychological support level of $7,000 breaking the 200-day moving average for the first time since May.Bitcoin Prices Rise Again Above $7,000

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Key indicator shows its good time to accumulate as Bitcoin price touches $7800

As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to accumulate BTC. Since the Ecoinometrics team released its latest “Daily Bitcoin Mayer Multiple Report” citing the Mayer multiple, a ratio of the Bitcoin price to 200-day moving average, the Bitcoin price […] The post Key indicator shows its good time to accumulate as Bitcoin price touches $7800 appeared first on CryptoSlate.

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BloXroute Blockchain Distribution Network Test on Ethereum Network Shows A Possible Drop in Block Propagation Time By 50%

According to the test results, BDN’s integration with Ethereum blockchain reduces the time span of one block propagation by almost 50%. The network’s average is normally at 360 milliseconds but dropped down to a mere 172 milliseconds with the BloXroute solution.

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A Product Development Team Just Made ETH Block Production Twice As Fast

Blockchain advisory firm ran a test that shows it can cut the average block propagation time by more than 50% on the Ethereum network

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Bitcoin Has Been Dropping an Average of $110.43 per Day (Until Today)

The past few weeks have been a rough time for Bitcoin. On average, the leading cryptocurrency has dropped $110. 43 per day since October 25th. Where is Bitcoin heading going into 2020? Well, if you look at the weekly trends, it doesn’t look good—but a reversal may be on the horizon.

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Bitcoin’s Moving Average Crossover Indicates That the Bottom May Be Near

The Bitcoin price initiated another rapid decrease on November 22 — reaching lows close to $7000. According to long-term charts and moving averages (MAs), it may be nearing the end of the correction.

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Bitcoin Capitulation Near, Price to Plunge to $6,400 if History Rhymes

Last week, Crypto Twitter erupted with reports that “miners capitulated. ” Indeed, the Bitcoin Hash Ribbons — an indicator tracking the health of the network’s hash rate — saw a bearish crossover, with the short-term moving average crossing below a long-term one, signaling that miners have stopped expanding their farms.

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Investors Hoarding Cash in Anticipation of a Significant Drop in Stocks Next year But Bitcoin still the Best Option

For the first time ever, the Dow Jones Industrial Average closed above 28,000 while the S&P 500 index hit its fourth consecutive record. These bullish sentiments some market commentators believe are here to stay.

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Quick Take: Monday Dow to Open After First-Ever 28,000 Weekend

The Dow is set to continue its northward trajectory Monday after Friday’s record high. US retail sales rebounded in October. The big question is, can the momentum be sustained? The Dow Jones Industrial Average is set to open above 28,000 points for the first time ever in its history.

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Ethereum (ETH) Volatility Nears All-Time Low

Ethereum (ETH) is closing in on the smallest volatility of all times, show recent trading data. For the past few months, ETH has traded in a tight range, with a relatively predictable price. ETH Prices Stabilize Below $200 Based on Skew analysis, the price of ETH has budged little, with the volatility index at 1.

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Волатильность Ethereum приблизилась к историческому минимуму

Средняя волатильность торговой пары ETH/USD упала до 1,73% за последние 10 дней. Тем самым показатель приблизился к историческому минимуму. Ether volatility — getting close to all time lows. Moved 1.

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The Dow Jones Just Experienced a ‘Once-in-a-Decade’ Event

The Dow Jones Industrial Average closed completely unchanged on Tuesday after breaking records on Monday. The Dow ended flat despite action on trading day, including President Donald Trump giving a pivotal speech in New York.

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Bitcoin Falls 4.3%, Slipping Below $9,000 for First Time in Two Weeks

Bitcoin has fallen below $9,000 for the first time in two weeks after breaching its 200-day moving average, which had been seen as a price support by some traders using technical analysis.

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Dow Futures Spike 140 Points as China, US Agree to Slowly Nuke Tariffs

Dow futures rallied by over 100 points on expectation that easing trade tensions will boost the economy. Trump and Xi’s meeting has at the same time been pushed to next month. China disclosed the news but will the US be on the same page? The Dow Jones Industrial Average futures have jumped by over 100 […] The post Dow Futures Spike 140 Points as China, US Agree to Slowly Nuke Tariffs appeared first on CCN.com

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