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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Bitcoin to close April above $90K? When & where this bull wave will top
The cryptocurrency markets experienced a monumental green wave this week. Bitcoin and Ether calmly made new all-time highs on the back of Coinbase’s direct listing and the Berlin hard fork. Meanwhile, meme-cryptocurrency Dogecoin blasted off to more than 400% gains, briefly claiming a spot as a top 5 cryptocurrency by market capitalization. Despite the media hype and market … [Read more...] about Bitcoin to close April above $90K? When & where this bull wave will top
Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ
Traders appear to be waiting for a trigger to start the next leg of Bitcoin's uptrend and if that happens, XLM, MIOTA, XMR and XTZ could join the party. Source link … [Read more...] about Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ
Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining
For the very first time in a Bitcoin (BTC) bull market, not only long-term investors but also short-term speculators who usually add to the daily sell pressure toward the end of a market cycle have become increasingly confident of higher prices as they hold on to their Bitcoin.This only adds to the already existing supply shock. If demand remains strong, this is a recipe for … [Read more...] about Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining
CryptoPunk sales exceed NBA Top Shots
Two of the most popular non-fungible token (NFT) projects have been CryptoPunks and NBA TopShots in recent times. And the sales battle between the two is heating up.NFT auctionsThe former is the “earliest” NFT projects to have even been conceived and minted on the Ethereum network (early 2017) by Larva Labs, while the latter is a collaboration between Dapper Labs and the … [Read more...] about CryptoPunk sales exceed NBA Top Shots