Bitcoin eyes $25K as BTC price nears best weekly close in 5 months
Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years. Go to Source Powered by WPeMatico
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Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows
A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. In addition, 65% of institutional investors surveyed agree that bitcoin could reach $100,000. ‘Strong Year Ahead for Bitcoin’ Nickel Digital Asset Management published the results of a survey Thursday showing how high institutional … Read more
Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate … Read more
US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $23,000 to Start the Weekend
Bitcoin started the weekend hovering near $23,000, as markets continued to react to personal consumption data in the United States. Figures released on Friday reported that spending fell by 0.2% last month, despite overall consumer sentiment moving higher. Ethereum remained close to $1,600 to start the day. Bitcoin Bitcoin (BTC) remained close to the $23,000 … Read more
Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics
Market analyst Cole Garner suggests that Bitcoin bulls are in for a treat amid an ongoing BTC price renaissance. Go to Source Powered by WPeMatico
Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout. Go to Source Powered by WPeMatico
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — forecast
Stochastic patterns leave the door open for 189% BTC price gains versus the current Bitcoin all-time high, according to one analyst. Go to Source Powered by WPeMatico
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown: How Faster Discovery is Impacting Bitcoin Difficulty In … Read more
Litecoin ‘head fake’ rally? LTC price technicals hint at 65% crash
LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential “head fake” recovery. Go to Source Powered by WPeMatico