Bookmarking Crypto Insights
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Wallets holding 10 or more Bitcoin have collectively reached their highest level of holdings since two years ago. This milestone comes in the wake of significant changes in the cryptocurrency market, including a remarkable 226% increase in Bitcoin’s market value. Speculation abounds that FTX was actively suppressing cryptocurrency prices in the second half of 2022. … Read more
Bitcoin is facing intense selling pressure, but charts suggest strong support at $64,500 and again at $60,000. Go to Source
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining Highs Amid Market … Read more
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving. Go to Source
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear downward trend following a recent peak, with key resistance and support levels … Read more
Stacks said a Bitcoin reorg and “unexpected mining behavior” caused its nine-hour outage, and China’s Coolpad Group is buying 2,700 more crypto miners. Go to Source
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty … Read more
Bitcoin’s second dip below $67,000 on Thursday triggered the second largest spike in crowd buying interest over the past two months. This surge reflects the Fear of Missing Out (FOMO) and greed that traders experience in volatile markets. There are two primary ways FOMO and greed manifest in Bitcoin trading: 1. Price Surges: Traders rush … Read more
Bitcoin whale watching is “good for social media” but not for valuable analysis, according to traders. Go to Source
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy bitcoin despite the cryptocurrency’s high prices. “I become frustrated encouraging people to buy bitcoin. I receive so many lame excuses,” he said, emphasizing that although the current price is high, it is not as high as it will be in the future. ‘I … Read more
