Tag: Bitcoin

Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000

boss

Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year.  How Bitcoin Could Rise To $76,000 Martinez mentioned in an X (formerly Twitter) post that Bitcoin will likely rise to $76,610 if it can reclaim $64,290 as support. However, if it fails to climb above $64,290, the crypto analyst added that Bitcoin might retest support at $51,970. Martinez drew this conclusion…

Analyst predicts $52k Bitcoin amid declining whale activity

boss

Bitcoin (BTC) has gained bullish momentum amid declining whale activity while an analyst expects a downfall to the $52,000 mark could be possible. BTC is up by 3.5% in the past 24 hours and is trading at $63,170 at the time of writing. The asset’s market cap surged to $1.24 trillion with a daily trading volume of $21.5 billion. BTC price, RSI and whale activity – May 13 | Source: Santiment According to data provided by Santiment, whale transactions consisting of at least $100,000 worth of BTC have been consistently…

Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a potential Cardano partnership on the horizon, Bitcoin Cash may boost its network, while the emerging Rollblock token aims to enrich online gambling. Recently, the founder of the Cardano network announced a possible partnership with Bitcoin Cash. He hinted that this collaboration would boost the functionality and network of Bitcoin Cash, making it a significant player in the crypto market.  While the defi market awaits this potential collaboration,…

El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space

boss

In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it has provided a custom instance of The Mempool Open Source Project for the ONBTC. […] Original

El Salvador launches transparent Bitcoin investment data platform

boss

El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. According to the most recent mempool data, El Salvador presently possesses 5,748.76 BTC, worth more than $352.8 million. El Salvador’s latest move establishes a new benchmark for financial transparency in government operations. It also validated the much-hyped concept of an immutable public ledger, which has long been advocated by Bitcoin and cryptocurrency aficionados. On May 12, the Bitcoin Office, a Salvadoran…

Bitcoin Runes activity drops significantly, weeks after generating $135m in fees

boss

Activity on Bitcoin’s Rune protocol has dropped significantly, with data showing it reached its lowest level on May 11.  The Runes protocol has been making waves in the crypto space since its launch on April 19, coinciding with the latest Bitcoin (BTC) halving event. The protocol’s debut on April 19, which coincided with the latest Bitcoin halving, was nothing short of a blockbuster. It drove a surge in Bitcoin transaction fees, raking in a record $107 million in a single day and $135 million within the first week. However, the…

Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch

Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might start a recovery wave if there is a move above $440. Bitcoin cash price started a fresh decline below the $440 support. The price is trading below $440 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could start a decent upward move if it clears the $440 resistance…