Tag: High

Why The Bitcoin Price Has A High Chance Of Resting At $16,000

The Bitcoin price is trending to the downside and seems on track to retest its yearly lows at $15,550. The nascent asset class is facing the fallout of the FTX’s collapse. Once the world’s second-largest crypto trading platform, the company filed for bankruptcy protection.  As of this writing, the Bitcoin price is seeing massive selling pressure. The cryptocurrency trades at $15,900 with a 4% and 2% loss in low and higher timeframes. BTC has been more stable than other assets in the crypto top 10 by market cap.  In contrast,…

Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News

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On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty Reaches All-Time High Nearing 37 Trillion, Leading Crypto Asset’s Fiat Value Sinks Lower Today it is 0.51% more difficult to find a Bitcoin (BTC) block reward than it was for the last two weeks or 2,016 processed blocks. The…

LTC Rallies to 1-Week High, as UNI Snaps Recent Losses – Market Updates Bitcoin News

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Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses. Litecoin (LTC) Litecoin (LTC) was a notable gainer on Friday, as the token surged by as much as 8% in today’s session. Following a low of $60.29 on Thursday, LTC/USD raced to an intraday high of $63.61 earlier in the day. As a result of…

Voxel Crazy Head and Metaspace․game Represent a Combination of Reality, Game Development, and High Technology – Press release Bitcoin News

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press release PRESS RELEASE. Voxel Crazy Head and Metaspace.game invite users to create their own avatars and take part in a thrilling metaverse adventure. What Is Voxel Crazy Head? Voxel Crazy Head is a blockchain-based collection of 10,000 unique NFT heads that also function as keys to the metaverse. The voxel head becomes a digital avatar, gaining access to the Metaspace.game meta platform. Each head’s unique DNA code impacts the character’s fate. The collection contains 12 attributes with 324 possible values; and the number of combinations is 40778090496000. Gain Access…

Ether Staking Yields Jump Up to 25%; All-Time High Since Merge

“Recently, the liquid staking protocol also had to increase rebasing oracle limits from 10% to 17.5% to let the increased rewards flow to stETH token holders,” analysts at Delphi Digital said in a Friday note. Rebasing, or elastic, tokens are cryptocurrencies that automatically adjust supply levels to maintain a constant value. Source

BCH Climbs to 1-Week High, DOT Declines – Market Updates Bitcoin News

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Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided with a key support point. Bitcoin Cash (BCH) Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower. Following a low of $103.09 on Tuesday, BCH/USD surged to an intraday peak of $109.09 earlier in today’s session.…

UNI Hits 1-Week High, XRP 10% Higher – Market Updates Bitcoin News

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Uniswap rose to a one-week high in today’s session, as crypto markets seemed to have settled following recent turbulence. The last seven days were filled with increased levels of fear, uncertainty, and doubt in the marketplace, as participants moved to shelter following the FTX collapse. Xrp was another notable mover, climbing by over 10% on Nov. 15. Uniswap (UNI) Uniswap (UNI) rose for a third straight session on Nov. 15, pushing the token to a one-week high in the process. UNI/USD surged to an intraday high of $6.36 in today’s…

It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO

Speaking on CNBC’s “Closing Bell” Thursday, Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.” The CEO and co-founder of crypto exchange Blockchain.com noted that there is a need for crypto investors to go back to the drawing board and hold their assets on their own private keys. Smith explained: “Crypto is one of the very few assets in the world that you can custody yourself, and I think we’re going to see folks increasingly move back to that model as…

Bitcoin (BTC) Loses Previous All-time High Of $18,000; Here Is What To Expect

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 BTC’s price loses its $18,000 all-time high support as the price trades to a region of $17,000 before bouncing off this region.   BTC’s price continues to look bearish with the market’s current state, as things will look uncertain for most traders and investors.  BTC’s price remains weak across all timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). Previous weeks saw the price of Bitcoin (BTC) most altcoins trend higher as many produced gains of over 200%, including the price of Bitcoin (BTC) rallying from…

Supply Reaches All-Time High HODLing Levels

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Data shows the Bitcoin supply has now reached all-time high HODLing levels, a sign that could be bullish for the price of the crypto. Bitcoin HODLed Or Lost Coins Metric Has Hit A New ATH As per the latest weekly report from Glassnode, investors have been showing some aggressive accumulation behavior recently. There are a couple of relevant indicators here. The first is the “HODLed or Lost Coins,” which measures the total number of coins that have been sitting dormant on the blockchain. Such coins either belong to the HODLers,…