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Bitcoin Nears $21,000 Level, Rallies 24% In Last Seven Days Post-FTX Mess

Bitcoin is showing some renewed energy. As of writing, the top cryptocurrency is trading at $20,883, leading the crypto market to rally as optimistic investors enter the market. This may seem as a surprise, but with the Consumer Price Index (CPI) data showing an improving economic trend, a further upwards break is possible for BTC.  […] дальше »

2023-1-15 15:23


Bitcoin Educated: Over 65% Of Oman’s Crypto Owners Have College Degrees, Study Shows

According to the conclusions of a new Souq Analyst survey, about 65,000 of the people in Oman possess bitcoin and other forms of cryptocurrency. Despite the seemingly modest proportion of crypto holders (almost 2% of the country’s adult population), the statistics indicate that crypto knowledge in the Arab state is significantly high. Souq Analyst provides […] дальше »

2023-1-15 11:02


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Bitcoin Holders Who Bought In Last 5 Months Are Now In Profit On Average

On-chain data shows that the average Bitcoin short-term holder is back in profit as BTC continues the sharp upwards momentum. Bitcoin Is Now Above Short-Term Holder Realized Price As per data from the on-chain analytics firm Glassnode, the BTC price is now above the average cost basis of the short-term holders. The relevant indicator here […] дальше »

2023-1-14 22:12


Peter L. Brandt Claims Bitcoin Is Putting In Its Cycle Low “Now”

Career commodities trader Peter L. Brandt is now claiming that Bitcoin is putting in a “low for this cycle now,” according to a new TradingView post. This call for a bear market bottom is already being met with skepticism, but given the chilling accuracy at which Brandt had made related to his cryptocurrency bets in the past, there could be more validity than investors are ready to accept. дальше »

2023-1-14 22:09


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Bitcoin Price Now Retesting Cost Of Production, Will Miners Finally Find Relief?

On-chain data shows Bitcoin is now retesting the cost of production price for miners, suggesting that this cohort may soon finally find some relief. Bitcoin Miners Might Find Relief After A Period Of Immense Pressure According to data from the on-chain analytics firm Glassnode, the average cost of production for miners is now around the […] дальше »

2023-1-13 16:35