BTC Price

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BTC`s Hashrate Hits New Records as Prices Test New Lows

It is more difficult recently to perform a 51% attack within the Bitcoin network. A 30d EMA’s measurement of BTC`s Hashrate is at an all-time high. With a 24-hour trading volume of $15,932,234,318 USD, the price of one bitcoin is currently $19,161.35 USD. The Hashrate is hitting new highs as Bitcoin’s (BTC) values are reaching new lows due to a more substantial negative drive. As miners continue to make significant investments in the infrastructure of the Bitcoin ecosystem throughout the bear market, network fundamentals are still strong. As a result, it is more challenging to conduct a 51% assault within

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Bitcoin Whale Moves 132K BTC, Triggers FOMO vs FUD Debate
August Bitcoin Close Opens Door to High Future BTC Returns

Bitcoin closed at $20,059 in August 2022.  From the performance of BTC price since 2010, many do not expect an ATH in 2022. Instead, the charts point at new Bitcoin price surges for the next three years. The crypto Twitter space was in a heated discussion over the future price of Bitcoin. One tweet highlights the fact that Bitcoin closed at $20,059 in the month of August, 2022. This tweet was accompanied by a Bitcoin Stock-to-Flow model chart. As we can see from the tweet above, the discussion sparked from a renowned Bitcoin and crypto trader and investor. The tweet

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Whales Boost Holdings As Bitcoin`s Price Escalate

The Bitcoin bulls continued to stand out in the market. Addresses holding 100 to 10,000 BTC coins are at their highest level since June 11. The price had to test the bottom support of the triangle due to recent price action. The selling pressure has caused the price of Bitcoin to decline more dramatically over the last few days, which has caused an exceptionally pessimistic trend. The bulls continue to stand out as they seem to be watching for the ideal moment to reenter and seize power. As the Whales have been continuously accumulating recently, the BTC price is anticipated

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Bitcoin Back Over $24K, Less Than 2M BTC Left Unmined

Crypto Twitter is a buzz as the price of Bitcoin (BTC) is back up over $24,000. The price of Bitcoin (BTC) has gone up by 37% in just 8 weeks alone.  The number of Bitcoin ATMs worldwide has increased by 40x since 2017. The crypto Twitter community is in a complete frenzy as the industry is overjoyed by Bitcoin (BTC) finally kicking into bullish gear. After a couple weeks of steady price increase, the pioneer cryptocurrency has finally broken through the $24,000 threshold.  At the time of writing, the price of Bitcoin (BTC) is $24,136.7. This is an increase of

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Bitcoin is Up Amid FED Rate Increase and Recession

The FED announced another rate hike increase on Wednesday. The US enters a “technical” recession. Yet, Bitcoin’s price is holding at the $23k mark, up 2.65% in the last 24 hours. The crypto market was expected to be shaky this week, especially after the US entered recession and the US Federal Reserves raised interest rates by 0.75% on Wednesday.  The Federal Reserve announced on Wednesday another increase of its interest rate in an effort to fight inflation. According to the government’s press release, the unemployment rate has remained low in recent months. However, the elevated inflation has caused imbalances in

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Cynthia Lummis is Still Bulish on Bitcoin

Cynthia Lummis mentioned that she is still bullish on Bitcoin. The senator is not alone in her bullishness on Bitcoin. She thinks that the long-term prospects for bitcoin are excellent. Reports have arisen with a US senator, Cynthia Lummis mentioning that she is still bullish on Bitcoin because she believes in the long-term potential of the technology. While the short-term price movements are always hard to predict, She thinks that Bitcoin has a lot of upside potential in the long run. With more and more people becoming aware of Bitcoin and its benefits, the senator believes that the Bitcoin price

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Chance at Bitcoin and Crypto Recovery Seems Closer Than Expected

Twitter’s crypto community holds its breath as Bitcoin (BTC) charts approach MACD cross. The community hopes to see a speedier recovery for the crypto market.  Bitcoin (BTC) seems to be in better sentiment since the reigning FUD last month. Bitcoin could head into a stronger bullish signal if it can hold its present momentum. This observation comes from Lark Davis, active crypto trader and investor, who holds popularity in the Twitter crypto community.  In detail, Davis points to the Bitcoin price charts as we can see from the tweet above. He states that Bitcoin (BTC) is growing closer to hitting

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Bitcoin Recovery Streak Falters at 50-Day Moving Average

Bitcoin’s initial price recovery seems to have hit a snag.  The BTC price fell after failing to retake the 50 day moving average.  Presently, the price of Bitcoin (BTC) is staggering closer to below $21,000. It seems the crypto sector popped their champagne bottles a little too early last week, at least, it seems so according to Lark Davis. The popular crypto investor and trader highlighted Bitcoin’s (BTC) feeble attempt at recovery on Twitter.   As we can see from the tweet above, Lark Davis mentions how the recent surge in the price of Bitcoin (BTC) is already falling. Indeed, it

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MicroStrategy, Tesla, and Block Lose $5 Billion From BTC  Drop
MicroStrategy, Tesla, and Block Lose $5 Billion From BTC  Drop

Bitcoin drop also affects the stock market of the three company stock. According to Coinmarketcap, the price of Bitcoin sits at below $25k. Tesla, MicroStrategy, and Block lost $5 billion in BTC dip. According to recent reports by a financial analyst, Tesla, MicroStrategy, and Block have all lost $5 billion from the recent drop in Bitcoin.  The toll reflects the risk that companies encounter when they put a portion of their cash into Bitcoin. MicroStrategy has been the most aggressive company in buying Bitcoin(BTC). Although bitcoin has dropped slightly from its lows of just over $18,000 last month, there is

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Bitcoin Halving: Why Bitcoin Halving Matters
Bitcoin Halving: Why Bitcoin Halving Matters

A Bitcoin halving occurs when the mining incentive for Bitcoin transactions is cut in half. Analysts are counting the days before the fourth halving event of BTC. Halving maintains steady and predictable supply new BTC entering the market.   Bitcoin halving is an event where the bitcoin blockchain reward gets cut in half. This happens roughly every 4 years. The last Bitcoin halving occurred on 11th May in the year 2020. In a post on Twitter today, Lark Davis tweeted saying that there are 684 days left until the next Bitcoin halving which is expected to occur on  April 4, 2024.

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