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Bitcoin (BTC)

Bitcoin is Back Into Early Bull Market Territory: Glassnode

As Bitcoin returns to a 9-month high above $28,000, a growing number of on-chain signs show the asset may be entering an early bull market.  On Monday, blockchain analytics firm Glassnode said the Bitcoin market “appears to be shifting gears” amid turmoil within the traditional banking system.  Reclaiming Momentum According to the firm’s weekly report, Bitcoin’s monthly average transaction count reached 309.5k/day this week – its highest level since Bitcoin surged to $64,000...

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Here is What 2023 Holds for Bitcoin, According to BitMEX

The cryptocurrency exchange BitMEX outlined some possible scenarios that could unfold in the coming months for the cryptocurrency industry. It believes the Federal Reserve will most probably cease its interest rate hikes by the end of the year, triggering a flow of funds into global capital markets and risk-off assets. Cryptocurrencies, such as bitcoin and ether, could benefit in such cases. Scenario #1 According to BitMEX, the US Federal Reserve will most likely slow the...

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New Ordinals NFTs Are Bringing the Space Back from Disaster

Are non-fungible tokens (NFTs) making a comeback? According to the recent progress of the Ordinals series, the answer might be a resounding “yes.” Ordinals Are Making Their Marks NFTs are still relatively new to the crypto space. As pixelated art tokens, they’ve often been sold for hundreds of thousands of dollars, and by the end of 2020, the space had an overall valuation that stood in the billions. Things looked great for the NFT arena, and many investors thought there...

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Goldman Sachs Acknowledged Bitcoin as the Best Performer in 2023

One of the leading American banks – Goldman Sachs – highlighted bitcoin as the best-performing asset since the start of the new year.  The primary cryptocurrency surpasses Nasdaq 100, gold, S&P 500, and other investment assets and sectors.  The bank said bitcoin’s potential had outpaced that of traditional assets, precious metals, and other investments in terms of year-to-date (YTD) and risk-adjusted returns. Bitcoin Performance YTD, Source: Twitter Contrary to 2022,...

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Bitcoin Fear and Greed Index Spikes to 16-Month High as BTC Exceeds $28K

The Fear and Greed Index – a metric that shows the overall sentiment toward bitcoin – currently points at 66, the highest level since November 2021. One factor behind the investors’ predominantly bullish perspective could be the impressive price performance of the primary cryptocurrency, which has been up nearly 30% for the past week. Greed Among Investors  Most cryptocurrencies, including bitcoin, have recently shown remarkable resilience to the global economic issues...

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After Bitcoin’s Breakout, Will $30K or Correction Coming Up? (BTC Price Analysis)

Bitcoin’s price rallies after breaking above a significant resistance level. However, the 2022 bear market is not over yet until another critical level is broken to the upside. Technical Analysis By: Edris The Daily Chart On the daily chart, Bitcoin’s price had seen a massive uptrend over the past week, following a V-shaped rebound from the 200-day moving average located amid the $20K mark, followed by a decent breakout above the $25K resistance level. Currently, the price is...

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General Bytes Loses Over $1.5M to Crypto Hack

The ATM maker shuttered its cloud services to limit further compromise of sensitive user information. Bitcoin ATM maker General Bytes has reportedly lost BTC worth about $1.5 million to a crypto hack. The company reported a security incident between March 17 and 18 that allowed unauthorized access to compromising user information. According to the press release, the attacker gained remote access to the entire database, API keys, hot wallets, user names and passwords. Consequently, the...

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Als der Bitcoin-Preis in einem Tag um 20 % anstieg..

Als der Bitcoin-Preis ein einem Tag um 20% anstieg.. Der Bitcoin-Preis ist seit seiner Einführung im Jahr 2009 durch mehrere Höhen und Tiefen gegangen. Einer der bemerkenswertesten Anstiege des Bitcoin-Preises fand im Jahr 2021 statt, als der Preis in nur einem Tag um 20% stieg. Dieser Anstieg war einer der größten in der Geschichte des Bitcoin-Handels und wurde von vielen als Meilenstein angesehen. 24. April 2021 Der Anstieg des Bitcoin-Preises um...

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Bitcoin-Preis + 27.60 % in einer Woche

Bitcoin-Preis Der Bitcoin-Preis hat sich ziemlich positiv entwickelt, wenn man die letzten 7 Tage anschaut. Satte 27.60 Prozent liegt der Bitcoin-Preis im Plus über die letzten sieben Tage hinweg. Kommt jetzt die Wende? Die ganz grosse Frage lautet nun also, ist das endlich die Trendwende? Geht es endlich wieder einmal etwas nachhaltiger nach oben? Ein guter Zeitpunkt, jetzt einzusteigen? Wann steigt der Bitcoin-Preis? Es handelt sich um einen...

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Stellar Lumen (XLM) Price Could Rally If It Clears This Resistance

Stellar lumen price is facing a major resistance near the $0.090 zone against the US Dollar. XLM price is now trading above $0.082 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.0890 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.0890 and $0.090 resistance levels. Stellar lumen price is trading above $0.0820 against the US Dollar, similar to bitcoin....

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