Tag: Bitcoin

Bitcoin Realized Cap At All-Time High As Price Hits $77,000 For The First Time

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

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On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here’s whether this has been enough for a top in the past. Bitcoin Profitability Index Is Currently Sitting Around 221% In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the Bitcoin Average Profitability Index. The “Average Profitability Index” is an indicator for BTC that compares the asset’s spot value with its realized price. The “realized price” here refers to a measure of the cost basis or acquisition value…

Bitcoin Nears ATH As Miners Hold Back On Selling—Bullish Signals Flashing

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Este artículo también está disponible en español. Bitcoin has managed to maintain its footing above the $75,000 price mark following a new all-time high (ATH) of $76,872 recorded yesterday. At present, the cryptocurrency is trading at $76,587, reflecting a modest 0.9% dip from its peak while still marking a 1.7% daily increase. This stability signals resilience and has fuelled speculation regarding Bitcoin’s next price move. Related Reading Bitcoin Miners Hold Back On Selling, Why? As Bitcoin currently trades above $76,000, a CryptoQuant analyst identified as theKriptolik has pointed out a…

Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern

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On-chain data shows Bitcoin could currently be following a similar pattern as in a previous cycle in terms of this indicator. Bitcoin Could Now Be Entering Phase 2 Of The Bull Run In a CryptoQuant Quicktake post, an analyst has pointed out how the recent trend in the Bitcoin long-term holder supply has been reminiscent to what was observed in the 2017 cycle. The long-term holders (LTHs) make up for one of the two main divisions of the BTC userbase done on the basis of holding time, with the other…

Ex-Binance Chief Drops Major Bitcoin Guidance as BTC Smashes New Peaks

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Former Binance CEO CZ dropped powerful investing insights as bitcoin shatters records, delivering a must-hear message for the crypto world. CZ Speaks Out with Crucial Bitcoin Insight as BTC Shatters All-Time Highs Former Binance CEO Changpeng Zhao (CZ) shared investing insights on social media platform X Friday, cautioning investors to stay vigilant as bitcoin continues […] Original

Ether (ETH) Blows Past $3K, Outperforms Bitcoin (BTC) After Trump’s Election Win and Fed Rate Cut

ETH, the world’s second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CryptoX data. Prices have risen 23.39% this week, the biggest gain since May, outperforming BTC’s 11.2% gain by a significant margin. The total crypto market capitalization has increased by 13.5% to $2.5 trillion. Source CryptoX Portal

Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Binance Exec Predicts Crypto Surge With Bitcoin Poised to Reshape Global Finance

Bitcoin and crypto are at a pivotal moment, says a Binance executive, with record highs signaling growing adoption, stability, and expanding global financial influence. Beyond the Peak: Binance Reveals What’s Next for Crypto and Bitcoin’s Global Influence Binance’s head of regional markets, Vishal Sacheendran, offered his outlook for the crypto industry on Thursday, following bitcoin’s […] Source CryptoX Portal

Ethereum To Outperform Bitcoin, Fund Managers Set $8,000 Target

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Este artículo también está disponible en español. The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the decentralized finance (DeFi) ecosystem. Why Ethereum Could Outperform Bitcoin Raoul Pal, Founder and CEO of Global Macro Investor, articulated his perspective on ETH’s potential resurgence in a post…