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A key technical indicator shows Bitcoin is highly undervalued despite selloff

Bitcoin has had a rough day, with the benchmark cryptocurrency plummeting towards the low-$9,000 region as bears gain full control of BTC’s price action. This intense downwards pressure seems to mark an extension of the selling pressure that was first incurred when Bitcoin faced a sharp rejection at $10,000 this past Sunday. дальше »

2020-2-27 23:35


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Bitcoin Addresses With Non-Zero Balances Hit All-Time High

The number of new Bitcoin addresses with a non-zero balance is at an all time high, surpassing the number of new addresses hodling BTC when prices hit $20K back in 2017. Bitcoin’s Richest addresses: Not as many as you might think Twitter user @IncomeSharks shared charts from Bitcoin onchain metrics API and Data site Glassnode Studio today, which show a logarithmic representation of address growth across a range of different metrics. One chart shows thatRead More дальше »

2020-2-22 01:00


Miners switching from BCH to BTC could be behind the 5 hour block time on Bitcoin Cash

Bitcoin Cash usage has been put to the test when the network failed to produce a single block in more than five hours earlier this week without causing any transaction backlog. While many saw the declining hash rate as a consequence of low usage, the low usage might have been caused by an unstable hash […] The post Miners switching from BCH to BTC could be behind the 5 hour block time on Bitcoin Cash appeared first on CryptoSlate. дальше »

2020-1-31 15:39


Bitcoin bulls defend against massive selling pressure; how long will they sustain?

Bitcoin’s recent sell-off was further perpetuated by bears last night when they garnered enough strength to push BTC back down to its key short-term support level that currently exists at $8,500. The cryptocurrency’s bulls have been able to defend this level over the past 24-hours and have begun to gain some upwards momentum as they […] The post Bitcoin bulls defend against massive selling pressure; how long will they sustain? appeared first on CryptoSlate. дальше »

2020-1-21 14:10