Bitcoin Fee Shock: Network Charges Double Amidst Excitement Of $70,000 BTC

Posts Tagged Bitcoin

Bitcoin Fee Shock: Network Charges Double Amidst Excitement Of $70,000 BTC

By support on Monday, March 11th, 2024 | No Comments

Bitcoin transaction fees have experienced an unprecedented surge, doubling in just one week, as the market rallies towards the coveted $ 70,000 mark. This surge cannot be solely attributed to the upward trajectory of Bitcoin’s price but is significantly influenced by the sudden rise in Ordinals transactions. Ordinals: A Driving Force Behind Fee Escalation Amidst […]

JPMorgan Analysts Predict Bitcoin Crash To $42,000 Post-Halving – What You Need To Know

By support on Thursday, February 29th, 2024 | No Comments

Bitcoin, the world’s largest cryptocurrency, faces a potential downturn in its price following the anticipated halving event scheduled for April, according to analysts at JPMorgan led by Nikolaos Panigirtzoglou. This event occurs approximately every four years and is expected to slash miner rewards from 6.25 BTC per block to 3.125 BTC. As a result, JPMorgan […]

Top 10 Proof Of Work Blockchains Like Bitcoin

By support on Sunday, February 25th, 2024 | No Comments

Proof of Work blockchains stand as the cornerstone of cryptocurrency technology, first popularized by Bitcoin, the original cryptocurrency. At their core, these blockchains rely on a consensus mechanism called Proof of Work (PoW). This mechanism is essential for validating transactions and creating new blocks without the need for a central authority. In a PoW blockchain, […]

Analyst Predicts Bitcoin Rally To $45,000 Before Pullback

By support on Thursday, February 8th, 2024 | No Comments

Bitcoin (BTC) has started riding the recent bull market wave and rising with fresh gains after weeks of sluggish momentum, with crypto analysts predicting more potential gains for the leading cryptocurrency asset in the coming days. Bitcoin To See A Correction After Surging To $ 45,000 A cryptocurrency expert from Cheeky Crypto has made a […]

Expert Analysis: Bitcoin ‘Bottom Is Not In’, Potential $30K Retest On The Horizon

By support on Saturday, February 3rd, 2024 | No Comments

Bitcoin (BTC), the largest cryptocurrency by market capitalization, closed January above the $ 40,000 threshold, signaling positive price action. However, market expert Justin Bennett suggests that Bitcoin’s bottom has yet to be reached. Bennett’s analysis highlights the possibility of further price declines, with Tether’s stablecoin USDT dominance (USDT.D) chart indicating potential downward movements. Tether Dominance […]

Bitcoin Accumulation: USDT Issuer Tether Goes On Massive 8,888 BTC Buying Spree

By support on Friday, January 19th, 2024 | No Comments

In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 BTC, further diversifying its portfolio. Tether Increases Its Bitcoin Holdings Tether has recently made its third largest Bitcoin purchase, as the stablecoin issuer added a […]

Here Are The Reasons Bitcoin Price Could Drop To $37,000 Before The Halving

By support on Saturday, January 13th, 2024 | No Comments

The price of Bitcoin has been on a massive bullish momentum since the approval and launch of Spot Bitcoin ETFs. However, a crypto analyst, Jason Pizzino, predicts a temporary halt in the growing trajectory, citing Bitcoin’s proximity to a crucial resistance point that could result in a significant price drop. Analyst Foresees Bitcoin Price Correction […]

Bitcoin Erases $49,000 ETF Rally As Coinbase Users Take To Selling

By support on Friday, January 12th, 2024 | No Comments

Bitcoin had earlier shown a sharp rally toward the $ 49,000 mark, but the asset was quick to retrace the entire surge as the Coinbase Premium turned negative. Bitcoin Coinbase Premium Gap Plunged Into Negative During Past Day As pointed out by CryptoQuant Netherlands community manager Maartunn in a post on X, the Coinbase Premium […]

Analyst Predicts $570 Billion Inflow Amid Bitcoin Spot ETF Approval

By support on Monday, January 8th, 2024 | No Comments

Scott Melker, a cryptocurrency analyst and advocate has pointed out a massive inflow into Bitcoin following the approval of BTC Spot Exchange-Traded Fund (ETF). Bitcoin Might Be Poised For $ 570 Million Inflow The crypto analyst shared his projections with the entire cryptocurrency community on the social media platform X (formerly Twitter). Melker proposed that […]

Bitcoin Breaks Through Securities Barrier: Registered Funds Want Exposure To BTC

By support on Wednesday, January 3rd, 2024 | No Comments

An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise. This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which could be approved sooner than later. Other ETFs Considering Bitcoin As An Investment Option Crypto commentator […]

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Posts Tagged Bitcoin