BTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom
Fresh investments into mining equipment by smaller companies signals an optimistic outlook for the future of Bitcoin. Go to Source Powered by WPeMatico
Bitcoin Price
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Bitcoin Gold Copycat Rally ‘Just Started’ Amid Worries of March Repeat
Growing belief in Bitcoin following gold higher contrasts with chart analysis, which shows multiple weaknesses remain. Go to Source Powered by WPeMatico
‘Fireworks Are Coming’ — FX Markets Will Boost Bitcoin, Says Analyst
Coinbase analyst Max Bronstein says “fireworks” in the global currency market might positively affect the value of Bitcoin. Go to Source Powered by WPeMatico
Bitcoin Price Stalls at $9,300, Altcoins Rally to New Multi-Year Highs
As Bitcoin price stalled at $9,300 again, altcoins capitalized on the sideways price action to rally to new multi-year highs. Go to Source Powered by WPeMatico
Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021
Traders are placing large bets on $50,000 Bitcoin options for June and December 2021, but what are the chances of BTC price reaching this level by then? Go to Source Powered by WPeMatico
The Three Most Controversial Bitcoin Price Models and What They Predict
Many are highly critical of the three highly popular models used widely by Bitcoin analysts — stock-to-flow, Hyperwaves, and Elliott Waves. Go to Source Powered by WPeMatico
Bitcoin Hash Rate Hits Record Average High Defying BTC Price Bears
Seven-day average hash rate passes 123.4 EH/s for the first time as network fundamentals defy bearish price action. Go to Source Powered by WPeMatico
South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the CEO of the defunct Vaultage Solutions (VS), the company at the center of the alleged cryptocurrency scam. According to South … Read more
Price Analysis 7/6: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, CRO, EOS
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal. Go to Source Powered by WPeMatico
A New Price Valuation Model Says $10,670 Fair Value For Bitcoin
Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100. In a blog posting this past Thursday, Seba says the model’s estimate relies on the same concepts as other valuation … Read more