Tag Archives: Bitcoin news

Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report

Posted on by — No Comments ↓

Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure… Continue reading Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report→

BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target

Posted on by — No Comments ↓

BlackRock, the prominent American multinational investment management corporation, has once again emphasized the enduring belief surrounding the Bitcoin potential as a strategic asset. In a recent statement, the firm reiterated a school of thought that has been gaining momentum within the financial world for years. According to the investment company, BTC is a good tool… Continue reading BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target→

Time To Convert Bitcoin To Ethereum? ETH/BTC Charts Gears Up For 180% Surge

Posted on by — No Comments ↓

Crypto investors may need to start paying attention to Ethereum (ETH), as the cryptocurrency’s price could be gearing up for a major rally against Bitcoin. A crypto analyst predicts a potential 180% surge in the ETH/BTC trading pair, signaling that now might be an opportune time for investors to consider converting their BTC holdings to… Continue reading Time To Convert Bitcoin To Ethereum? ETH/BTC Charts Gears Up For 180% Surge→

MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion

Posted on by — No Comments ↓

Business intelligence company MicroStrategy has made big headlines again with its latest acquisition of 18,300 Bitcoin, valued at approximately $1.11 billion.  The purchase, the largest by the company in over three years, was disclosed in a recent filing with the US Securities and Exchange Commission (SEC), which took place between August 6 and September 12,… Continue reading MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion→

Legendary Bitcoin Puell Multiple Finally Enters ‘Buy’ Territory

Posted on by — No Comments ↓

On-chain data shows the Bitcoin Puell Multiple has recently declined into the historical bottom zone as BTC’s continued consolidation. Bitcoin Puell Multiple Is Now Under The 0.4 Level As an analyst in a CryptoQuant Quicktake Puell Multiple” here refers to a popular on-chain indicator that keeps track of the ratio between the daily Bitcoin miner revenue and… Continue reading Legendary Bitcoin Puell Multiple Finally Enters ‘Buy’ Territory→

Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move

Posted on by — No Comments ↓

Recent analysis from CryptoQuant highlights that Bitcoin price may soon undergo a significant move, according to an indicator known as the Coinbase Premium. A CryptoQuant analyst under the pseudonym ‘Avocado Onchain’ noted earlier today that the Coinbase Premium, which measures the price gap between Bitcoin on Coinbase and Binance, is showing signs of convergence. The… Continue reading Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move→

Bitcoin Forms Golden Cross On 2-Month Chart, Here’s What Happened Last Time

Posted on by — No Comments ↓

Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a significant price rally soon enough.  Golden Cross Forms On The Bitcoin Chart Titan of Crypto revealed in an X (formerly Twitter)… Continue reading Bitcoin Forms Golden Cross On 2-Month Chart, Here’s What Happened Last Time→

Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered

Posted on by — No Comments ↓

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000… Continue reading Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered→

Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High

Posted on by — No Comments ↓

A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners.  On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining tracker CoinWarz. This metric, which has been climbing steadily, often aligns with market expectations for Bitcoin’s price movements. Post-Halving Challenges… Continue reading Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High→

Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?

Posted on by — No Comments ↓

The Bitcoin derivatives market has reached a notable milestone, as the estimated leverage ratio for the asset has surged to its highest level of the year, latest data from CryptoQuant shows. This metric, which tracks the ratio of open interest to coin reserves on exchanges, signals increased leverage use among market participants. The growing trend… Continue reading Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?→