Bitcoin price has been wavering around $52700 and $56.000 in the previous 24 hours. The weakening price caused the dominance index decline which went as low as 50.98%. When BTC loses its dominance to altcoins, then alt season begins. Statistics show that whenever this happens, altcoins began to...
The price of BTC has seen around a 5% increase in a day reaching a new all-time high of over $63.250 with a market cap of around $1.1 trillion. This surge happens ahead of the crypto exchange Coinbase's going public on Nasdaq, which will be on April 14. Generally, the majority of cryptocurrencies...
Large investors or so-called "whales" continue to hoard bitcoins. Analysts have found that at the moment they have accumulated up to 2.2% of the total market supply of the cryptocurrency. We are talking about investors controlling 100,000 or more BTC, according to the team's report. The...
BTC mining difficulty has gone up to new highs after a comparatively slower period of few months. Data reveals that the Bitcoin network's mining difficulty indicator reached 23.14 Trillion on April 1, 2:00 UTC. This is 5.82 higher than the previous record set on March 20. In terms of the...
BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...
Mining Bitcoin became more rewarding. Data from blockchain analytics protocol Glassnode shows that a few days ago the revenue hit a new all-time high of $52.3 M daily. Glassnode wrote that this amount is a positive indicator of Bitcoin network security. On-chain transfer fees paid based on...
American stockbroker, the CEO of Euro Pacific Capital Inc., Peter Schiff announced on Twitter that his son Spencer Schiff moved 100% of his portfolio investments into Bitcoin. My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He...
Business analytics and mobility software MicroStrategy, which is a big Bitcoin investor bought 205 Bitcoins for $10 M, paying around $48,888 per coin. The CEO of the enterprise Michael Saylor posted about the trade on Twitter. MicroStrategy has purchased an additional ~205 bitcoins for ~$10.0...
The leading cryptocurrency continues to reach new highs. It has already surged above $58.000. Thus, the cost of 1 Bitcoin exceeded the price of 1 Kilogram of gold. Along with this its market cap soared over $1 trillion. At the very start of the year, on January 2, Bitcoin reached $30.000. On...
In a chat session of the social media application Clubhouse, business magnate Elon Musk told the community he assumes BTC is about to receive broader adoption by conservative financiers. The conversation took place on Sunday. Musk also added he doesn't have a strong belief in other crypto assets....
BTC miner profits measured by terahash in a second (TH/s) has surged to a new high. TH (tera, 1 trillion) is one of the Bitcoin hash rate units. And hashrate is a scale of the computational power per second used during mining. Simply putting, it is the speed of the mining process. The latest...
Bitcoin gets closer and closer to $30.000. Today, on Dec. 28, it reached another all-time high surpassing $28000. Its market cap is above $524 B. This means the BTC price increased around $4000 within two days and 20% during the last week. The growth of the BTC price started in October when the...
After hitting $24,000 about a week ago, now Bitcoin makes another record, surging $25000. Community members celebrated the event. Many Bitcoiners were waiting for the new heights as recent months have been pretty bullish for the cryptocurrency. Bitcoin proved itself to be resilient to...
First time in history BTC price surpassed $20.000. Now it trades for around $20800. The leading cryptocurrency's hash rate has been displaying stability for several days. Crypto analytics firm Glassnode informs that along with this, the amount of liquidations of short positions on Binance has gone...
Following the price growth up to $19,500 during the day’s trading, Bitcoin saw a period of bearish uncertainty that resulted in a sharp sell-off. Bitcoin then rated $17,075 with daily losses of around 5%. The sudden price drop came in tandem with large-volume investors depositing BTC to exchanges...
Justifying the expectations of the community, BTC today scored $19000 for the first time since mid-December 2017. Since November 18, it has been trading for about $18.700, sometimes felling lower than $18.000 then going up again. At the time of writing the price is about...
Bitcoin price has been fluctuating in the past several hours. The crypto asset went up to $18.500 reaching a new 3-year high. Then began retracing and going up again. At the time of writing the rate is about $17.800. Many analysts expressed their opinions concerning his on social media. Antoni...
The number of addresses with non-zero balance continues to grow in the Bitcoin network. That is evidenced by the latest data from the Glassnode service. In the middle of this week, it became known that 3.141 million wallets own 0.1 BTC or more. If you look at the graph provided by analysts, you...