Tag: Bitcoin Price
Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low
Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
The Future of Bitcoin and Crypto in the Trump-Musk Space Era
Elon Musk and former President Donald Trump recently had a two-hour long interview that covered topics such as illegal immigration, the economy, AI, and global warming. Even though the interview attracted over 1 million...
Analysis: Short-Term Holders Hold 2.5M BTC at Loss
Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling
Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
Santa Monica Bitcoin Office Boosts Cryptocurrency Adoption in California
The city of Santa Monica in California has taken a significant step towards embracing cryptocurrency by launching a Bitcoin Office. The main objectives of this office are to educate the local community about Bitcoin...
Bitcoin Reaches $125 Trillion in Transaction Volume: A Milestone in Cryptocurrency History
Bitcoin's transaction volume has reached an impressive milestone, hitting $125 trillion in FIAT terms, according to recent data. This marks a significant increase from the $114 trillion recorded at the beginning of the year,...
Bitcoin Volume Hits Record High After FTX Collapse: What It Means
Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
Bitcoin Profitability Before and After Halving: A Detailed Analysis
Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal
Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
Bitcoin Volatility Impact on Unrealized Profits and Strong Hands (STHs)
Bitcoin has been making headlines for its extreme volatility in recent months, with prices soaring to new highs and then plummeting just as quickly. This rollercoaster ride has left many investors wondering how it...