Bitcoin realized price rejections hint BTC price ‘weakening’ — Analyst
Bitcoin hodlers’ realized cap sees a snap drop while speculators get more confident in market trajectory.
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Bitcoin hodling activity resembles previous market bottoms: Glassnode
Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode.In a July…
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Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop…
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Bitcoin support levels to watch as BTC price aims at $28K
Bitcoin (BTC) is struggling to avoid further losses this week as an extended sideways trading period risks ending in a breakdown.BTC price action, long constricted by resistance above $30,000, is looking increasingly unstable, data from Cointelegraph Markets Pro and TradingView shows.The latest Federal Reserve minutes served to sharpen Bitcoin bears’ game on their release on Aug.…
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PayPal Letter Seems to Confirm Crypto Capability Rumors
Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows. 2900 Total views 31 Total shares PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission.Originally submitted on March 20, the document was intended as a response to the European Commission’s…
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Political correctness in AI systems is the biggest concern: Elon Musk
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What is Moore’s law, and how does it impact cryptography?
Moore’s law, explained A fundamental concept in the technology sector, Moore’s law foretells the exponential rise in computing power over time and is named after Gordon Moore.Gordon Moore, the co-founder and emeritus chairman of Intel Corporation, proposed Moore’s law in 1965. According to him, the number of transistors on microchips — the fundamental building blocks
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BTC could drop to $30K in 2 weeks, trader warns as gold goes for $2K high
Bitcoin (BTC) is in line for a relief bounce but still risks dropping all the way to $30,000 before May, a new analysis warned on April 18.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$30,000 dive is April "risk"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $39,000 on April 18 as bearish prognoses for the…
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Out of the Ordinal-ry: Bitcoin average block size hits all-time high
Bitcoin’s average block size has hit an all-time high of 2.5MB following the creation of the Ordinals protocol in January 2023. 116 Total views 5 Total shares Own this piece of history Collect this article as an NFTBitcoin’s average block size has hit all-time highs above 2.5MB for the first time since its inception in…