There is a spike in crypto on-chain activity if transaction fees lead. According to IntoTheBlock data on December 8, Bitcoin transaction fees are up by over 60%, while “gas” in Ethereum has climbed by nearly 50% in the past week. Bitcoin And Ethereum Transaction Fees Rise By Double-Digits This surge in activity can be pinned to…
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Bitcoin has encountered a critical resistance level going into the weekend and could move sideways following a massive rally. According to an expert, the cryptocurrency has been breaching every major obstacle, making it one of the best-performing assets. As of this writing, Bitcoin (BTC) trades at $43,600 with sideways movement in the last 24 hours.…
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Bitcoin price corrected lower and tested the $42,800 support zone. BTC is now showing positive signs and might attempt a fresh surge above $44,000. Bitcoin is holding gains above the $42,500 pivot level. The price is trading above $42,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming with…
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Recently, Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin (BTC) proponent, took to social media to gauge the Bitcoin community’s sentiment on the future price of the digital asset. Saylor, who has transitioned from CEO to head of Bitcoin strategy at MicroStrategy, posed a significant question to the Bitcoin community on X. Saylor’s inquiry…
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The price of Bitcoin slowed down its ascend following a week of smashing critical resistance levels. However, the rally is likely in its early stages, with BTC preparing to see further profits in the coming months. As of this writing, the cryptocurrency trades at $43,300, reclaiming levels last seen in 2022 before the crash to…
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A crypto pundit and Bitcoin maximalist, Mark Harvey, has explained why he believes the foremost cryptocurrency Bitcoin, is far off from its true potential. According to him, the crypto token could be worth close to $17 million in the future. Why One Bitcoin Could Worth $17 Million In a post shared on his X (formerly…
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Bitcoin has seen a pullback but not to the extent that bears have been expecting. Nevertheless, as a result of this, a lot of traders have incurred massive losses due to Bitcoin staging another unexpected recovery. The loss volumes have quickly risen to $190 million in one day as uncertainty remains the order of the…
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Bitcoin price started a strong increase above the $42,000 zone. BTC is now consolidating gains and might rally further toward the $45,000 zone. Bitcoin gained pace above the $42,200 and $43,200 levels. The price is trading above $43,000 and the 100 hourly Simple moving average. There are two bullish trend lines forming with support near…
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According to @RiggsBTC on X, Bitcoin (BTC) is poised for an “unprecedented” surge that could lift it to above $9 million in the next two years. Taking to X on December 6, @RiggsBTC asserted that the current Bitcoin bull run, which began in late 2022 when prices dumped to as low as $15,000, marks the start…
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As the eagerly awaited Bitcoin (BTC) exchange-traded fund (ETF) verdict approaches, excitement and anticipation continue to grow in the cryptocurrency market. According to a report by K33 Research, the upcoming decision, expected between January 8 and January 10, has been a significant factor behind Bitcoin’s positive momentum since October. Institutional demand remains robust, with traditional…
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