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Bitcoin Price May Consolidate From Here And Resume Powerful Uptrend In Q4, Says Billionaire Mike Novogratz

Bitcoin’s 32% rally over the past month seems to be a bit exhausted. BTC was abruptly rejected after its attempt to conquer the $51,000 zone a few days ago. The rejection from the critical resistance level saw the world’s largest cryptocurrency by market cap pause for thought, initiating what some pundits had predicted would be […] дальше »

2021-8-26 00:40


Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level

Breaking above $50k, Bitcoin price has recovered from the $29,760 low in July. As of writing, BTC/USD is trading around $47,500, about 26.7% down from its peak four months back. Just like price, other data metrics suggest that the leading cryptocurrency is on a path to recovery after the market-wide sell-off just three months ago […] The post Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level first appeared on BitcoinExchangeGuide. дальше »

2021-8-25 17:23


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BTC Price Plunges Shortly After MicroStrategy Announcement of 3,907 Bitcoin Purchase for Roughly $177M

On August 24th, MicroStrategy acquired some extra 3,907 bitcoins at about $177 million in cash. MicroStrategy Incorporated CEO Michael Saylor made this announcement via Twitter. MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash at an average price of ~$45,294 per #bitcoin. дальше »

2021-8-25 06:00


Bitcoin On-Chain Activity Lags Behind Price Action, But Why?

Data reveals that while Bitcoin’s price is shooting up, the on-chain activity hasn’t improved much in the past week. What could be the reason behind this behavior? Bitcoin Breaks $50k, But Activity Lags Behind As per this week’s edition of the Arcane Research report, on-chain activity seems to be slow to recover despite the price of the cryptocurrency jumping high. дальше »

2021-8-24 22:00