Bitcoin has now broken the $31,000 mark with its latest rally. According to on-chain data, the level could be the next major milestone for BTC. Bitcoin Realized Price Of 2021 Holders Is $35,000 At The Moment In a new post on X, analyst James V. Straten has discussed the profit/loss situation of the different yearly…
The Bitcoin market dynamics have recently taken an interesting turn, suggests Alex Thorn, Head of Firmwide Research at Galaxy. According to his recent thread on X, the options market makers in BTC are currently operating in a position that could significantly amplify any upward movement in its price. “Options market makers in Bitcoin are increasingly…
Bitcoin price action has been known to go “parabolic” when speculation in the crypto market is in full gear. Prices begin to rise rapidly with very few pullbacks in between. According to evidence, a parabolic structure is possibly building that could cause BTCUSD to “double” in a short amount of time. And with the first…
The flagship cryptocurrency, Bitcoin, is fast approaching $31,000 following its gains over the weekend. Analyzing this price action, crypto analyst Ali Martinez has predicted Bitcoin’s future trajectory as he suggests that the bears could regain dominance soon enough. A Price Correction Imminent For Bitcoin In a post shared on his X (formerly Twitter) platform, Martinez…
The price of Bitcoin is maintaining an upward trajectory, catching many off guard this weekend. As of now, BTC has surged by 2.4% in the last 24 hours, and sustaining a 13% rally in the last week. At $30,865, according to data by Coingecko, the top crypto is just inches away from reaching the vaunted…
The price of Bitcoin is maintaining an upward trajectory, catching many off guard this weekend. As of now, BTC has surged by 3.0% in the last 24 hours, and sustaining a 12% rally in the last week. At $30,780, according to data by Coingecko, the top crypto is just inches away from reaching the vaunted…
Bitcoin price is gaining pace above the $30,000 resistance. BTC is showing positive signs and might rally further above toward the $31,200 level. Bitcoin started a fresh increase above the $28,500 and $28,800 resistance levels. The price is trading above $30,000 and the 100 hourly Simple moving average. There is a key bullish trend line…
Bitcoin price is gaining pace above the $30,000 resistance. BTC is showing positive signs and might rally further above toward the $31,200 level. Bitcoin started a fresh increase above the $28,500 and $28,800 resistance levels. The price is trading above $30,000 and the 100 hourly Simple moving average. There is a key bullish trend line…
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. xDay 2023: “No Time To Waste In…
In a recent CNBC report, Coinbase, the largest cryptocurrency exchange in the United States, expressed confidence in the approval of a US-based Bitcoin (BTC) exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC). Paul Grewal, Coinbase’s Chief Legal Officer, highlighted that the SEC’s recent court setback in the case of Grayscale’s proposed Bitcoin ETF…