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Bullish for Bitcoin: Data Reveals Spike in Activity from New BTC Investors

Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike […] дальше »

2020-10-1 02:00


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Here’s How Low Ethereum May Need to Plunge Before it Can Rally Higher

Ethereum saw a massive price spike yesterday that allowed it to shatter its previous resistance at $400 From here, the cryptocurrency rallied nearly 10% higher until it hit the $430 region, which is where it found some short-term resistance Although being incredibly strong at the present moment, analysts are noting that it may first need to see a deep pullback before its price can push any higher This may lead it as low as $360 […] дальше »

2020-8-15 23:00


Bitcoin to See More Volatility as Indicator Foreshadows A Price Reversal; Could See a Big Spike

Today, Bitcoin is in the green, currently trading above $11,585. The recent price trend of the largest cryptocurrency suggests bitcoin is consolidating before making the next jump. This move could see us going back to $12,000, a resistance level that dates back to last August and was rejected this weekend. According to the 14-day relative […] дальше »

2020-8-5 16:06


Bitcoin Transaction Fees Surge as Demand for the Network Rockets Higher

Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency seeing a massive spike in its transaction fees, which have nearly reached the yearly highs that were set just after the mining rewards halving event […] дальше »

2020-7-30 05:00


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Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei. дальше »

2020-7-19 07:00


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Altcoin ‘Mass Extinction’ Will Likely Precede Next Bitcoin Rally, Crypto Whale Posits

Bitcoin has been one huge pillar maintaining the market balance in the crypto industry for years, and many have come around to look up to the top coin for clues about any impending market movements. Indeed, a spike in Bitcoin’s price has always caused a ripple effect across the vast industry. At the moment, there […] дальше »

2020-7-6 23:50


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Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run

The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run […] The post Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run appeared first on Bitcoin News. дальше »

2020-7-1 21:10


Bitcoin Abruptly Surges to $10,000: But Here’s Why a Brutal Rejection Awaits

Bitcoin price just broke out from the tight trading range its been trading it for days between $9600 and $9800, and moments later found itself tapping resistance at $10,000 once again. The spike was quickly rejected, but Bitcoin appears to be consolidating and ready for another attempt to breakthrough. Will the rejection force prices lower […] дальше »

2020-6-11 21:55