Tag: Bitcoin (BTC)
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Analyst Sees Bullish Signs for BTC
Bitcoin (BTC) can still head towards the $13,000 line, and even higher as a series of ‘non-events’ leave bulls in a rather strong position. New data collected by Coin360 and Cointelegraph Markets showed the BTC/USD pair heading towards $11,500 on August 28th, and one analyst said that the line is vital to reclaiming for gains to keep going…
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Stablecoin Metric Suggests Bitcoin Price Will Surge as Investors Purchase BTC Positions
Bitcoin (BTC) price at $11,400 is perfect for a new increase because stablecoin investors started purchasing cheap coins, according to new data. Emphasizing the most recent readings from its stablecoin supply ratio (SSR) metric on August 26th, on-chain monitoring service Glassnode predicts an upside trend for the BTC/USD pair. SSR refers to the potential buying power…
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Possible Upcoming Bitcoin Rally as Whale Investors Number Increase
The number of Bitcoin whales has increased at a rapid pace in the last few months, as per data analysts, which could suggest the beginning of a new bull run. According to data from BitInfoCharts, which is a resource showing the addresses holding the most Bitcoin, the number of investors holding more than $1,000 Bitcoin…
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Bitcoin Price Analysis – We’re 600 Days Into the Current Bullish Cycle
Research into earlier Bitcoin bull and bear cycles may provide some information regarding how long the current cycle will last, which seems to be longer than previous ones so far. If we look at the Bitcoin price chart over the last ten years, it clearly shows that we are currently in what seems to be…
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Crypto Ransomware Attackers Use Binance to Exchange BTC for Cash
A new report that was just shared online says that Binance is unable yet to prevent ransomware attackers from converting their stolen Bitcoin into cash. As per a comprehensive report published by Forbes, cybercriminals using crypto-ransomware, such as the already popular Ryuk version, have been using Binance to exchange the funds they stole. A team of researchers,…
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Bitcoin HODLing Sentiment Registers 3-Year High – A Bullish Sign
Numerous investors have stopped trading Bitcoin but rather started to follow the traditional buy-and-hold strategy. Data collected by Glassnode showed that around 8 million Bitcoin tokens had not been transferred in at least three years. That makes up 44 percent of the total crypto coin supply, which is a level, as Glassnote also noted, we…
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A Peek Inside Turkey’s Bitcoin Bull Market
Turkish Bitcoin users are already well in the middle of a bull run, as partly depicted by increasing exchange volumes. BTCTurk CEO Ozgur Güneri, head of the largest crypto exchange in Istanbul, with the majority of Turkish banking access of any exchange in the area, said volumes almost quadrupled throughout the past year, appealing to…
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Two Altcoins Predicted to Surge as BTC, ETH and LINK Recalibrate
A renowned cryptocurrency strategist and trader says he is keeping his eyes wide open on two particular low-capitalization coins. Josh Rager stated he is optimistic about the new crypto projects, which were both built by a pseudonymous figure known as Bill Drummond. https://twitter.com/Josh_Rager/status/1297550758976663552 Tokens of Babel (TOB) is an Ethereum-based asset that comes with a…
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Cardano (ADA) – The Tortoise to the Hares of the Crypto World
In the race between crypto coins Bitcoin (BTC) and Ethereum (ETH) and Cardano (ADA), the latter would be the tortoise in Aesop’s classic tale, while the former two assets would likely be referred to as the hare. What is still to see is who will win the race in the end. Cardano has numerous top…
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Bitcoin Predicted to Hit $15,800 in Medium-Term
As Bitcoin tries hard to maintain its bullish momentum above the $12,000 line, an analyst still believes the king coin will be breaking above the $15,000 level. Josh Olszewicz, in his Monday tweet, depicted the Bitcoin uptrend on a popular trend channel tool known as Andrews’ Pitchfork. The chart expert said that the crypto coin…