Yearly Archives: 2022

Bitcoin (BTC) Has 4 Reasons To Continue Recovering: Details

Bitcoin (BTC) Has 4 Reasons To Continue Recovering: Details

Arman Shirinyan First cryptocurrency’s rally might be far from over, according to analyst The most recent unexpected Bitcoin pump launched the first cryptocurrency back in the bullish range for the market, but it was not random and there were many signs suggesting an upcoming bounce. The same signs now project a continuation of the rally. Bitcoin futures market The negative funding of open interest and Bitcoin futures backwardation were the two main reasons that caused such a volatile… Source link

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Ethereum Eyes $1.8K Days Before Merge, BTC Steady Above $21K (Market Watch)

After the recent volatility, bitcoin seems calmer today but still stands tall above $21,000. Tezos is among the best performers from the mid-cap alts, while Ethereum continues to march towards $1,800 ahead of the long-anticipated Merge. Bitcoin Saw New Weekly High The primary cryptocurrency had a tough week as it plummeted to a six-week low in the middle of it at just over $18,500. This continued the recent trend of losing a lot of value since it dumped below $20,000 at the… Source link

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Historically Accurate On-Chain Indicator Suggesting Bitcoin (BTC) Bottom Is In, Says Analyst Benjamin Cowen

Closely followed crypto analyst Benjamin Cowen says a historically reliable on-chain indicator is suggesting that the bottom is here or very close for Bitcoin (BTC). In a new interview with Kitco News, Cowen pulls out Bitcoin’s supply in profit and loss chart, which shows what percentage of BTC coins are giving their holders a profit or a loss. The popular analyst says that the supply in profit and loss metric for BTC has historically coincided with long-term tops and… Source link

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Litecoin Price Winning Streak May Break $65 Barrier, But There’s A Catch.

Litecoin Price Winning Streak May Break  Barrier, But There’s A Catch.

Published 11 mins ago A bull cycle within a rising parallel channel pattern strikes the monthly resistance of $65. This horizontal level has limited the bullish growth for the past three months, indicating a high possibility of price reversal. However, even if the Litecoin price breach resistance, the bullish path is filled with more significant obstacles.  Key points from Litecoin price analysis:  The LTC price responded to a parallel channel pattern The LTC price shows… Source link

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What Happens To Bitcoin When You Die – Bitcoin Magazine

This is an opinion editorial by Jenna Bunnell, senior manager for content marketing at Dialpad. No matter what your opinions are on bitcoin, it is obvious that it is here to stay and will continue to grow in use. As a virtual peer-to-peer currency bitcoin has become widely accepted in many countries. You can sell your bitcoin for cash, or trade them with peers across different networks and use it to invest in anything from art to property. However, as it is a virtual currency, the question… Source link

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XMR Three-day Uptrend Come end as Selling Congestion Rages.

Monero has been on an uptrend over the last three. The consistent increase started on Wednesday as trading conditions improved and most assets saw an influx of capital. Nonetheless, the surge started after it retested its seven-day low. It saw rebounds, prompting the bulls to push for more price action. XMR continued its slow rise with a more than 2% positive change the next day. The biggest surge happened during the previous intraday session. It opened at $152 and surged to $161 afterward…. Source link

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Why Ethereum’s Beacon Chain stands to be of utmost importance post-Merge

The Ethereum Beacon chain is a ledger of accounts that conducts and coordinates the network of stakers. It was designed to replace proof-of-work (PoW) mining on the current Ethereum Mainnet. Blockchain analytics platform Glassnode and crypto price tracking platform CoinMarketCap released a new report. The newly published report assessed the state of the Ethereum Beacon chain ahead of the Merge.  The final lap of the Ethereum Merge is scheduled to take place between 10… Source link

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Bitcoin (BTC) Price Prediction 2025-2030: Is BTC’s $937K by 2030 target too far off?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Are you a Bitcoin holder or a trader? Yes? Well, if you are, tell me – How happy are you? Well, chances are you’re more relieved than happy. Why? Well, because at press time, BTC was doing much better than it was a week ago. Even so, the crypto today is far from its ATH of $69,000 on the charts. While there… Source link

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