After breaking out of the two-months ascending triangle, the price of Bitcoin (BTC) is firmly staying above $60,000. Current on-chain volume suggests investors are still strongly buying Bitcoin at current price levels.Furthermore, the current price is not even close to a short-term price top when comparing to historic network valuation multiples.BTC price bull run not … [Read more...] about Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000
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When will Bitcoin price rally end? Here is what’s backing the BTC bull run
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
Protocol upgrades and Google Cloud integration lift EOS price 245% in 2021
On April 16 EOS price soared to a new high at $8.49 and the current market structure for the altcoin suggests there is room for further upside.EOS initially made headlines during the ICO craze of 2018 when its parent company Block.one raised a record $4 billion in funding to create the EOSIO software and in the past three months, the altcoin has nearly tripled in value. Data … [Read more...] about Protocol upgrades and Google Cloud integration lift EOS price 245% in 2021
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
Price Analysis: Bitcoin, IOTA, Stellar
Stellar (XLM) and IOTA (MIOTA) recently reached new highs as Bitcoin rallied to prices above $64k Bitcoin rallied to an all-time high of $64,863 this week, as did Ether, which notched a new peak of $2,547. Elsewhere, Binance Coin (BNB) reached $637, Ripple’s XRP shot to prices near $2.00, and Dogecoin (DOGE) roared to $0.298 after yet another Elon Musk tweet about the meme … [Read more...] about Price Analysis: Bitcoin, IOTA, Stellar