| |

Bitcoin Network Fees Double as BTC Nears $70,000

Byadmin

Bitcoin [BTC] has been trending higher over the past week, and a rise in transaction fees has reflected this increase. However, the increase in rates cannot be attributed solely to rising prices; on the contrary, it is also influenced by a slight increase in ordinal transactions observed during the week. Double Bitcoin Fees Data from…

| |

Bitcoin Roadmap to $150,000: Why a 40% Correction Is Expected

Byadmin

Bitcoin price rose above $50,000 and mounted a sustained rally to $53,000 before falling again, something that took the market by surprise. However, with expectations increasingly strong for the cryptocurrency, this could signal the time for a possible correction and crypto analyst and market expert Michaël van de Poppe believes this correction could reach 40%….

| | |

Bitcoin Spot ETF outperforms 3,400 rivals with $2.3 billion weekly inflow

Byadmin

Last week’s influx by all ten spot Bitcoin ETF issuers, including Grayscale, put the new offerings ahead of the 3,400 ETFs that existed before the U.S. Securities and Exchange Commission (SEC) gave its approval to the new group of Bitcoin backers. BTC in the region. . Spot Bitcoin ETF attacks its traditional rivals An illustration…

|

Bitcoin Under $39K As ETF Debut Continues To Be a ‘Sell-the-News’ Event

Byadmin

The global cryptocurrency market cap has lost $40 billion over the past 24 hours amid the sustained market-wide turbulence that has seen several assets, such as Bitcoin (BTC) and Ethereum (ETH) drop by shocking margins. This downtrend, which started on Jan. 12 following the initial hype surrounding the spot Bitcoin ETF approval, has endured amid…

Market Shakeup: Bitcoin Falls Below $42,000 as Short-Term Holders Rush to Take Profits

Byadmin

Currently, Bitcoin is witnessing a drop in price, with its value falling below the $42,000 mark. This move follows a significant increase in the circulating supply of profitable Bitcoin, triggering a wave of profit-taking among investors. ETC Group’s head of research, André Dragosch, highlights this trend and observes an increase in the transfer of Bitcoin…

|

Bitcoin Breaks Past $44,000: Will $45,000 Be Next This Week?

Byadmin

Bitcoin (BTC) is having a moment again. The world’s largest cryptocurrency is enjoying a 150% surge this year as its price surpassed $44,000 on Wednesday, the first time this has happened in over 18 months. The rise is indicative of the cryptocurrency’s continued rise, which is supported by a number of elements such as a…

Standard Chartered maintains Bitcoin (BTC) target of $100,000

Byadmin

Although the value of Bitcoin (BTC) has doubled since the beginning of this year, Standard Chartered believes the leading cryptocurrency is on track to reach $100,000 by the end of 2024. Bitcoin Poised for 160% Resurgence The bank’s research note stated that “crypto spring is here” and reiterated the initial prediction made in April. In…

| |

South Korea Crypto Premiums Return, Bitcoin Trades Nearly $1,300 Above World Average

Byadmin

Recent data reveals that the crypto economy has seen notable growth in the last month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won represented 3.53%. of all bitcoin (BTC) transactions in the previous 24 hours. Bitcoin price rises $1,300 above…

| |

XRP Price Prediction: 1 Million Japanese Candlestick Leading to 900% Upside Is Back

Byadmin

Very often, historical formations and subsequent performance can be useful tools in determining the future performance of assets such as the XRP price. For this reason, the return of a formation that triggered a previous price rise can be very serious if history were to repeat itself again. Crypto Analyst Reveals Return of One Million…