Bitcoin

“Most simply, to derive total industry value, we multiply coins to be mined times current BTC price plus transaction fees. Today, this value is approximately $92B,” he said, using a bitcoin price of $38,000. As of this writing, the price of bitcoin was back up to $44,000. Source link

The total crypto market cap has crossed $2 trillion as major tokens surged despite macro headwinds. Crypto analysts break down the bullish catalysts that have fueled recent price actions.  They also share why ethereum’s merge could lead to an “inevitable speculative bounce in price.” Global financial markets have been mired in bearish sentiment amid geopolitical… Source link

Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation often caused by geopolitical tensions. In light of recent events such as the COVID-19 pandemic and, more recently, the military crisis between Russia and Ukraine, many investors have sought alternatives to gold and other precious metals as hedging options. As we approach a digitized age, it is a prerequisite that alternatives… Source link

Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex whale flips to sell mode Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting multi-week highs of $45,137 on March 25 as Wall Street got underway. As $45,000 reappeared for the first time since the start of the month, however, so did all-too-familiar behavior among some… Source link

Text size Russia’s Vladimir Putin said he wanted “unfriendly” nations to pay for energy in rubles. Alexey Nikolsky/SPUTNIK/AFP via Getty Images … Source link

Bitcoin (BTC) closed in on its highest level of the month on March 25 with traders hoping for an end to months of consolidation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra BTC stash nears $1 billion Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cementing recent gains to hit $44,698 on Bitstamp Friday.  With that, the pair was under $1,000 away from cracking the monthly high around $45,330. For traders, the yearly open at $46,000 was now of increasing… Source link

Text size The prices of bitcoin and other digital assets rise Friday. Dreamstime Source link

Text size The prices of bitcoin and other digital assets rise Friday. Dreamstime Source link

Analysts remain confident of the near-term prospects. “We are at the upper band of resistance currently as BTC approached 2022 highs. With the spot flow we have been seeing, we are cautiously optimistic that there will be a continuation of the medium-term uptrend and a run to $50,000,” Matthew Dibb, COO and co-founder of Stack Funds, said. Source link

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