Tag: Bitcoin News

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Bitcoin Short Positions Worth $32 Million Wiped Out as Price Briefly Spikes to Mid-$27,000s – Here’s Where BTC is Headed Next

Bitcoin (BTC) futures positions worth over $44 million were wiped out on Monday in choppy trade that saw the spot price of the world’s largest cryptocurrency by market capitalization swing more than $1000 (over 4%) between session lows around $26,400 and new highs for the month around $27,400. BTC was last trading in the $26,700s,…
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Bitcoin Price Prediction as BTC Spikes Up 6% – Time to Buy?

Bitcoin seems to be on an upward trend in the ever-fluctuating world of cryptocurrencies. Currently, Bitcoin is priced at $27,189, reflecting a nearly 3% rise in the last 24 hours and over 6% in the last seven days. The trading volume has reached an astonishing $10.4 billion. Cementing its top position, Bitcoin holds the #1…
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This Bitcoin Metric Continues To Retest Bear-Bull Junction, Will A Break Happen?

On-chain data shows a Bitcoin indicator has continued to retest the bear-bull transition point recently, but is yet to obtain a break. Bitcoin Short-Term Holder SOPR Is Retesting The Break-Even Level As pointed out by an analyst in a CryptoQuant post, the short-term holders have continued to sell at a loss recently. The relevant indicator…
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End Of The Road? Why A Bitcoin Price Surge to $28,500 Could Lead To A Crash

The crypto market is finally seeing some green during today’s trading session, with the Bitcoin price rising above $27,000 for the first time since late August. Similar to that occasion, the cryptocurrency stands at a crossroads, but bulls should remain cautious, new data suggests. As of this writing, the Bitcoin price trades at $27,200 with…
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Bitcoin Price Prediction: Kiyosaki’s Nod, FTX Recovers, Warren’s Bill Rises

In a vibrant start to the week, Bitcoin is registering a modest increase of nearly 0.50%, trading at $26,647. This uptick coincides with notable developments in the crypto landscape.  Financial educator Robert Kiyosaki has voiced his strong reservations about traditional fiat currency, going as far as to label it ‘criminal money,’ while throwing his weight…
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Bitcoin Price Prediction as Bulls Push BTC Above $26,000 – Will BTC Keep Rising?

Bitcoin’s bulls are demonstrating their might, driving the world’s premier cryptocurrency past the significant $26,000 benchmark. Today’s live price of Bitcoin stands at $26,553, having experienced a slight uptick of less than 0.10% in the last 24 hours. With a trading volume of $6.6 billion in the same period, the enthusiasm around Bitcoin remains palpable. ……
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Bitcoin Price Prediction as BTC Climbs Above $26,500 Level – Best Time to Buy?

The world’s most popular cryptocurrency, Bitcoin, has been steadily climbing over the past few weeks, surpassing the $26,500 level today. The Bitcoin price currently stands at $26,560, with a 24-hour trading volume of $9.6 billion. Bitcoin has experienced a 1% increase in value over the past 24 hours. Its live market cap stands at $517…
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Ethereum Surges Ahead Of Bitcoin In Active Addresses, What Does This Mean?

Since its inception, Ethereum has continuously been compared to Bitcoin with the former being hailed as a better option to the latter in some cases. As the years have flown by, the competition has gotten even fiercer, especially with ETH growing rapidly. Eventually, Ethereum seems to be catching up with Bitcoin, especially in terms of…
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Bitcoin Price Prediction as BTC Spikes Up 1.5% – Time to Buy?

In the constantly fluctuating world of cryptocurrencies, Bitcoin, the premier digital currency, has once again piqued investors’ interests. As of today, Bitcoin’s price stands at $26,413, experiencing a slight dip of 0.50% in the last 24 hours but reflecting a 1.5% surge over the past week. … Read More: Bitcoin Price Prediction as BTC Spikes Up…
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$500,000 Bitcoin Fee Blunder: Paxos Revealed as Responsible Party

The US-based crypto service provider Paxos has been revealed as the party responsible for massively overpaying fees on a recent Bitcoin transaction. The transaction, made on September 10 at 5.10 PM UTC, was for a payment of only $200 worth of BTC, but amazingly came with a transaction fee of around $500,000, setting a new record…
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