Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts… Continue reading Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?

On-chain data shows the Bitcoin Hashrate has seen a setback recently, a potential indication that miners may not believe the asset’s run would last. Bitcoin Mining Hashrate Has Declined Since Its All-Time High The “Hashrate” refers to a metric that keeps track of the miners’ total computing power currently attached to the Bitcoin network. This… Continue reading Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?

Bitcoin Crosses $93,000 – Is There More Room for Gains or Are We Nearing a Peak?

Bitcoin has continued with its strong bullish momentum, trading at highs that have never before been seen. Today, the asset has achieved a new all-time high of roughly $93,477. This ATH was achieved not long ago following an earlier dip today to $85,000. However, at the time of writing, BTC has seen a slight pullback,… Continue reading Bitcoin Crosses $93,000 – Is There More Room for Gains or Are We Nearing a Peak?

Bitcoin Hash Ribbons Form Capitulation Signal: What It Means

On-chain data shows the Bitcoin Hash Ribbons have recently gone through a crossover. Here’s what it could mean for the cryptocurrency. Bitcoin Hash Ribbons Suggest Miner Capitulation Is On As explained by CryptoQuant community manager Maartunn in a Quicktake Hash Ribbons indicator is to be believed. This on-chain metric is generally used to determine whether… Continue reading Bitcoin Hash Ribbons Form Capitulation Signal: What It Means

Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains

The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about… Continue reading Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains