Bitcoin Hash Rate Approaches All-Time High
[ad_1] On Saturday, Bitcoin dipped below $29,000 for the first time in June 2022 after a price drop of approximately 5% on 10 June. While BTC’s price is struggling to gain any sort of momentum, its hash rate is eyeing another all-time high above 230 Exahash. According to the...
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Bitcoin Marks First Green Weekly Close After Two Months In The Red
[ad_1] Bitcoin has been marking multiple weeks of consecutive red closes. This has been the case for the last two months when the leading cryptocurrency had seen 9 consecutive weeks of red closes. Unsurprisingly, this had pained a very bearish image for the digital asset. However, it seems the...
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Bitcoin long-term hodlers begin ‘distribution’ which preceded BTC price bottoms
[ad_1] Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-term holders begin ‘distribution’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend. The...
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Arthur Hayes Says Bitcoin And Ethereum May Not Be Ready To Recover Drastically
[ad_1] The recent crash in the crypto markets took everyone by surprise, especially Bitcoin. Many coins lost value drastically and very fast at that. Even the number one crypto Bitcoin took a big hit when investors kept selling out in panic. While many are hoping for a recovery, the...
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Bitcoin Rests Tentatively Above $31,000, Bull Rally Or Trap?
[ad_1] The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, the position where the digital asset currently resides is one that is unstable....
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Bitcoin Taker Buy/Sell Ratio Approaches Bullish Cross
[ad_1] On-chain data shows the Bitcoin taker buy/sell ratio is now approaching a crossover with the “1” level, a sign that could be bullish for the crypto’s price. Bitcoin Taker Buy/Sell Ratio Observes Rise, Almost Reaches A Value Of 1 As explained by an analyst in a CryptoQuant post,...
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Cosmos (ATOM) Skyrockets 12% Following Bitcoin And Ethereum Recovery
[ad_1] The crypto market is showing signs of recovery, and it seems Cosmos has also been pulled in the same direction with an increase of 12% in the last 24 hours. Cosmos (ATOM), the 27th biggest cryptocurrency, has a total market cap of $3.2 billion. ATOM, the token that...
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PizzaDAO celebrating Bitcoin Pizza Day with 100 parties worldwide
[ad_1] Pizza DAO, the decentralized blockchain project seeking to unite the global community of pizza fanatics with the technological potential of Web3, are celebrating Sunday’s Bitcoin Pizza Day in authentic style. On Sunday, the project will host commemorative events at 100 pizzerias in over 75 countries around the world,...
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Is It Time To Buy Bitcoin?
[ad_1] Data shows the Bitcoin market has again fallen back into a state of extreme fear as the price has plummeted down over the past week. Bitcoin Fear And Greed Index Says Market Is Extremely Fearful As per the latest weekly report from Arcane Research, extreme fear has returned...
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Bitcoin Exchange Inflows Hit Three-Month High As Market Braces For More Downside
[ad_1] Bitcoin exchange inflows have been on the rise recently. Although there was a period where it had tapered off, it had continued to rise once more. The culmination of this has been a massive inflow into various centralized exchanges, presumably for investors to sell off their coins. Now...
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