Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions. The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem […]
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Tag: crypto market
Bitcoin Holders ‘Only Halfway’ to Selling BTC after New $500K Price Prediction
RHODL adds to the indicators demanding much more upside for Bitcoin price action before the macro top sets in. Bitcoin (BTC) investors will resist selling their coins for a lot longer and the bull run will continue, new analysis argues. In a Twitter debate on Oct. 28, data analyst Mitch Klee delivered fresh evidence that the current […]
Bitcoin Volatility Continues as BTC Price Closes in on Critical Weekly Close
It’s all about what happens to Bitcoin price action by the end of the week as $1,000 swings up and down remain, the Cointelegraph reported. Bitcoin (BTC) briefly fell below $42,000 on Sept. 25 as the weekend looked set to deliver an unimpressive weekly close. Trader: Bitcoin “fine” above $38,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD […]
Betting on Tax Bill FUD: 5 Things to Watch in Bitcoin this Week
Fresh hurdles to overcome for Bitcoin sentiment come as fundamentals stay solid and $40,000 refuses to go without a fight. Bitcoin (BTC) is at a crossroads as it starts a new week, hovering around $40,000 but with serious headwinds keeping it from bouncing higher. After an impressive weekend that saw highs above $42,500, a comedown […]
Bitcoin Mining is Becoming Vastly More Decentralized in 2021
Data shows anonymous entities becoming an ever larger force on the Bitcoin mining scene this year and last. Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing. According to data from on-chain data resource Blockchain.com, hash rate distribution is increasingly favoring small, unknown miners. Small […]
3 Altcoins Showing Signs of Accumulation, while Bitcoin Price is Down
DeFi and NFT-related tokens such as GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48 hours. Crypto markets faced another day of struggle on Thursday as the price of Bitcoin (BTC) dropped to its “final support zone” near $31,000, which prompted traders to issue dire predictions about the […]
Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days, the news.Bitcoin.com writes. Crypto Market […]
Bitcoin Dominance Cycle Suggests the 2017 Crypto Rally Could Repeat
Bitcoin dominance patterns are showing similar lows and an eerie resemblance to 2017. So what does this suggest for BTC price? For the purposes of historical comparison, it’s also worth noting that the pattern of the dominance chart currently looks much like it did during the earlier part of 2017. As the markets have gone […]
Market Enters a ‘Wait-and-See Phase’ as Bitcoin Struggles Below $40,000
Traders remain cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity while the crypto market awaits the next major move. Price action for Bitcoin (BTC) and the wider cryptocurrency market was relatively subdued on May 27 as nervous traders remain unsure of what comes next following last week’s […]
Why Bitcoin Price Rebounding to $40K is Anything but a ‘Dead Cat Bounce’
BTC price action effectively knocks down and rebuilds the market, while holding onto its $10,000 gains, the Cointelegraph reported. Bitcoin (BTC) saw a dip like no other on May 19, falling to $30,000 in a frantic three-hour shakeout which upended the market. As the dust settles, however, it’s no longer about the dip, but rather […]