10 / 27 Relevant items tagged with #BitcoinBTC
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Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain
[Mar 10 10:00 AM] An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling key aspects…
Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns
[Mar 9 2:30 PM] In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market…
Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone
Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain
Financial Journalist Alan Kohler: Bitcoin Is an ‘Insurrection’
‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack
Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows
[Mar 8 4:30 PM] The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets…
Anthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold
[Mar 8 12:05 PM] In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days…
Bitcoin Sets New Record, Climbs Above $70,000 Mark; Ethereum Hits $4K Milestone
[Mar 8 9:47 AM] Bitcoin has once more surpassed its previous highest point of $69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $68,000 mark, having outdone its prior peak and ascended to…
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion
[Mar 8 8:05 AM] The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of…
Bitcoin’s Warm-up Phase: Analyst Predicts a Market Evolution That Could ‘Shock’ Traditional Finance
[Mar 7 11:00 AM] As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will…
South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K
[Mar 7 9:30 AM] The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and…
Bitcoin’s Hash Price Soars as Average Network Fees Spike by 288%
[Mar 7 7:30 AM] According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level…
The March Revival — Unprecedented Movement of Early Bitcoin Hoards Move for the First Time in Years
[Mar 6 7:30 PM] As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in…
Bitcoin Technical Analysis: BTC Bulls Regain Strength After Recent Pullback
[Mar 6 6:38 AM] In the last day, bitcoin exhibited a dynamic display, marked by significant fluctuations and upward movements across different periods. Upon hitting a peak at $69,210 per unit on Mar. 5, the cryptocurrency dipped below the $60,000 threshold, only…
Bitcoin’s Leap Beyond Its Former Price Record Signals New Positive Market Cycle, Says Chainlink’s Sergey Nazarov
[Mar 5 2:30 PM] Having achieved its highest value ever on March 5, 2024, precisely at 10:03 a.m. Eastern Time (ET) on Tuesday, the price of bitcoin has declined by more than 11% against the greenback at 3:00 p.m. ET. Currently, bitcoin boasts a global trading…
Bitcoin Shatters Lifetime Price High Breaking the $69K Barrier
[Mar 5 9:06 AM] On March 5, 2024, at 10:03 a.m. (ET), bitcoin’s value eclipsed its previous lifetime peak against the U.S. dollar, ascending beyond the $69,000 threshold on Tuesday. This breakthrough in valuation marks a new all-time high (ATH), occurring…
Bitcoin Soars to 2024 High Surpassing $66,000, Nearing All-Time Peak as Halving Approaches
Bitcoin’s Leap Past $65K Ignites Speculation of Qatari Billionaire’s Big Buy Post-Atlantis Conference
[Mar 4 9:00 AM] Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference in Madeira. A sighting of a Qatari…
Bitcoin Technical Analysis: BTC Hits $65K, Edging Closer to Peak Valuation
[Mar 4 6:47 AM] In a powerful demonstration of resilience, bitcoin’s value climbed past the $65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $61,769. This climb is supported by a robust trade volume of $42.41…
Former Coinbase CTO Balaji Srinivasan: Bitcoin Is a ‘Political Revolution’
[Mar 3 5:30 PM] Balaji Srinivasan, venture capitalist and former CTO of Coinbase, has highlighted the real purpose of Bitcoin and its implications for geopolitical and financial issues. Srinivasan stated that Bitcoin at its core is a “political…
In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line
Marathon Announces Anduro Layer Two Platform to Advance Bitcoin’s Capabilities
[Mar 2 6:30 AM] Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains…
Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism
[Mar 1 5:00 PM] This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that…
From Low to High — Bitcoin Fees Jump Over 129% in 4 Days
[Mar 1 11:00 AM] After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207…
Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism
[Mar 1 6:59 AM] Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap touching…
Ordinals Market Registers Record Sale: Bitcoin Budgie Changes Hands for Over $1.1 Million in BTC
[Feb 29 11:30 PM] Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second inscription on the Bitcoin…
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
[Feb 29 12:10 PM] As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their…
Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally
[Feb 28 11:30 AM] On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such…