Speculation about the duration of the current run is endless, with Bitcoin now a stable news item even in the mainstream press. But what’s keeping the BTC price up? Is it simply the relentless slew of good news, or are there on-chain indicators that can predict future price moves? Since retesting the $50,000 barrier in early March, the price of Bitcoin (BTC) has held pretty … [Read more...] about When will Bitcoin price rally end? Here is what’s backing the BTC bull run
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Bitcoin Whales Sold 50k BTC Worth $3B in the Last 5 Days
Bitcoin whales have sold roughly 50k BTC in the last 5 daysThis amount translates to roughly $3 billionThe Bitcoin whales include those holding 100 – 10,000 BTCBitcoin has entered what looks like a brief bearish window with $60k continuing to holdA breakdown of $60k could lead to accelerated of selling, and lower levels of supportBitcoin whales holding 100 to 10,000 BTC have … [Read more...] about Bitcoin Whales Sold 50k BTC Worth $3B in the Last 5 Days
BTC, ETH, BNB, XRP, DOGE, ADA, DOT, LTC, UNI, LINK
Dogecoin’s (DOGE) massive rally to $0.45 propelled it to a market capitalization of over $54 billion to make it the fifth most valuable cryptocurrency by market cap. This lofty market cap comes as a surprise to many since the project has no active developers and is only a meme coin, thus the current rally brings back memories of the excesses seen during the ICO boom in … [Read more...] about BTC, ETH, BNB, XRP, DOGE, ADA, DOT, LTC, UNI, LINK
New ‘inverse’ Bitcoin ETF now lets investors short BTC price
Bitcoin (BTC) investors in Canada have two more outlets for BTC exposure this week — and can now even bet on a price crash.In a press release on Wednesday, Horizons ETFs Management confirmed that its two new exchange-traded funds would start trading on the Toronto stock exchange on Thursday.Horizons: Bitcoin has “polarizing views”Already a pioneer in the regulated institutional … [Read more...] about New ‘inverse’ Bitcoin ETF now lets investors short BTC price
Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag
Bitcoin (BTC) has seen a classic indicator of a coming bull run pass a historic milestone as miners commit more and more resources to its future.According to data from on-chain monitoring resource Glassnode on Friday, Bitcoin’s network hash rate has passed total exahashes per second for the first time in its history.Hash rate underscores miner commitmentComing as a spike in a … [Read more...] about Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag