Tag: High

Bitcoin Hashrate Hits New All-Time High — Can Price Reclaim $100,000?

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Este artículo también está disponible en español. According to recent blockchain data, the Bitcoin hashrate has been on the rise as it touched a new all-time high on Friday, January 3rd, 2025. This new peak comes as the premier cryptocurrency continues to recover after a disappointing end to the year 2024. Positive Correlation Between Bitcoin Price And Hashrate The “hashrate” is a metric that measures the total amount of computing power that secures a Proof-of-Work blockchain network (Bitcoin, in this case). It is used to determine the mining difficulty of…

Volumes on Decentralized Exchanges Soar to an All-Time High of $478,838,000,000 in December: On-Chain Data

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Monthly trading volume on decentralized exchanges (DEXes) has reached new all-time highs, according to the latest on-chain data. According to blockchain data aggregator DefiLlama, DEX volume for December was $422 billion, the highest ever on record. The month of November was also an all-time high, according to DefiLlama. Source: DefiLlama Uniswap, Ethereum’s (ETH) biggest DEX, recorded the most amount of volume while Raydium (RAY), the largest DEX on Solana, placed second. Most other chains saw an increase in volume, and DeFI as a sector is growing, perhaps getting a boost…

Bitcoin To End 2024 On A High Note? This Level Is Key

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Este artículo también está disponible en español. As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC’s price to new highs. Related Reading Bitcoin’s Red Week, Green Year Since breaking past the long-awaited $100,000 barrier in early December, Bitcoin has seen two significant corrections to the lower zone of its one-month range. Throughout the month, the flagship crypto’s price has traded between $90,000 and $108,000,…

New All Time High Before 2025?

Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, recently experienced a significant price correction, dropping below $3,100 for the first time in 29 days. This marks a notable shift from its peak performance in December, when it reached this year’s high of $4,106 on December 16. However, the all-time high for ETH, set at $4,877 on November 8, 2021, remains unbroken. Since reaching that high, Ethereum has been forming lower highs and lower lows, indicating bearish momentum in the market. Ethereum Market Sentiment…

Historical Data Shows How High DOGE Will Go This Bull Cycle

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Este artículo también está disponible en español. Crypto analyst Dima James has again raised the possibility of the Dogecoin price rallying above $10 in this market cycle. The crypto analyst alluded to historical data to show how high DOGE could go in this bull cycle.  How High Dogecoin Price Could Go In This Market Cycle In an X post, Dima James shared a chart that showed that the Dogecoin price could reach as high as $80 in this market cycle. The analyst also predicted that the cycle top for Dogecoin…

Is $210,000 Bitcoin’s next high? Institutions think so

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What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17, BTC climbed to an all-time high of $108,260, pushing its post-U.S. election gains to over 50%. As of this writing. 17, it is trading around $106,663 levels. BTC 5-month price chart | Source: crypto.news BTC’s rally follows President-elect Donald Trump’s proposal to establish a U.S. Bitcoin strategic reserve, a concept…

Ethereum Gears Up for a Record High: Can It Break Through?

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Este artículo también está disponible en español. Ethereum price started a decent increase above the $3,950 zone. ETH is consolidating gains and might aim for a move above the $4,150 resistance zone. Ethereum started a decent increase above $3,950 and $4,000. The price is trading below $3,980 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,940 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $4,080 and $4,120 resistance…

Bitcoin ETFs Rack in $2.17 Billion With Ethereum ETFs Hitting New Weekly High

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U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S. spot bitcoin ETFs had a net […] Original

Bitcoin hits new record high with surge to $107k

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Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase. The flagship digital asset rose to this new ATH as the world’s largest corporate holder of BTC purchased another $1.5 billion worth of the asset. Bitcoin broke to above $104 on December 5, 2024. However, profit-taking saw it dip to lows of $97,044, where it struggled for upward momentum over the next nine days. On…