Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that appear quite appealing to investors. According to a recent CryptoQuant analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active Address Momentum Signals Upward Market Structure Active addresses represent the number of unique addresses […]
Crypto trader misses out on $9 million windfall from $300 investment Paul L. Cryptocurrency Oct 18, 2024 Share A cryptocurrency trader has missed on a windfall after exiting their position in the Goatseus Maximus (GOAT) meme coin early, failing to capitalize on the token’s recent gains. The trade details indicate that the investor purchased 21.26 […]
Bitcoin (BTC) is set for a potential breakout as increasing institutional investment, growing miner holdings, and rising exchange-traded product (ETP) flows signal mounting demand, according to VanEck’s latest Bitcoin ChainCheck report. The report also highlighted that the growing influence of institutional adoption in the Bitcoin market has strengthened the correlation between ETP flows and BTC […]
Bitcoin ‘Angle Theory’ unlocks BTC’s next cycle top Aneena Alex Cryptocurrency Oct 18, 2024 Share As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle. Notably, an analysis by TradingShot leverages the so-called “Angle Theory,” previously […]
Bitcoin is showing signs of a robust recovery, with its price approaching the crucial $70,000 mark. During the past week, Bitcoin surged approximately 9%, indicating a strong bullish sentiment among investors. In a recent conference call, BlackRock’s CEO emphasized Bitcoin’s significance as a unique asset class. This article explores Bitcoin’s remarkable weekly performance and its […]
The price of Bitcoin has surged 10% in the past week and traded above $68,200 today, its highest level since late July. Despite its volatile performance over the past three months, experts suggest that Bitcoin is poised to make significant progress before the end of the year. Here’s what experts say about Bitcoin’s trend and […]
Here’s how much Trump’s crypto portfolio is up in 2024 Paul L. Cryptocurrency Oct 18, 2024 Share Former United States President Donald Trump’s cryptocurrency portfolio is soaring in value, with meme coins taking center stage. As of October 18, the portfolio was valued at $7.79 million, reflecting a whopping growth of 420% from $1.5 million […]
Bitcoin and gold are both booming in a global bull market that has seen Total World Indices soar a staggering 28% in the past 12 months. With both assets at or near all-time highs, many traders might understandably assume that they’re correlated. In reality, however, gold and bitcoin are less correlated than ever. Unlike gold, […]
Truflation and Scannit partner up to create more comprehensive data sets Marko Marjanovic Cryptocurrency Oct 18, 2024 Share Truflation, a real-time economic data leader, has announced a strategic partnership with Scannit, a user-driven data monetization pioneer, as detailed to Finbold on Friday, October 18. By integrating Scannit’s user-controlled data into Truflation’s analysis, the collaboration will […]
On Thursday, Bitcoin (BTC) network miners saw their total revenue surge to a two-month high. Notably, this uptick coincided with a remarkable day of HODLing, as miners refrained from selling their holdings for the first time in the past month. As Bitcoin approaches its all-time high of $73,764, the decline in miner sell-offs indicates a […]