Bitcoin could see a volatile phase within the $40k and $22k price range, James Check, lead on-chain analyst at Glassnode says. BTC’s sell-side risk ratio is approaching an all-time low, with traders on both sides showing exhaustion after recent price action. The flagship crypto traded
Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal.” He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin price struggled to stay above $26k on Wednesday. Binance CEO Changpeng Zhao, popularly known as
Bitcoin price has recovered from its dip to $25,800, with price currently above $27,400. BTC could continue to bounce into the $28,000-$30,000 range as broader market sentiment improves. However, an analyst’s Bitcoin price prediction suggests bad news for BTC if $27,600 becomes new resistance level.
Key Takeaways Number of addresses containing one Bitcoin or more crosses one million Bitcoin relatively subdued despite trading at 2-month low Two prominent market markers are scaling back activity in the space Active addresses show notable decline in last week We wrote last week
Retail investors would prefer Bitcoin over the dollar in case of a default, a new survey says. A US default could be here as early as June 1, experts have warned. Standard Chartered analyst Geoff Kendrick previously predicted a 70% jump for Bitcoin price in
The Ordinals Marketplace will offer features that include minting and trading of Bitcoin Ordinals OKX Wallet to support Lightning Network and staking for Stacks (STX) and BRC-20 tokens OKX to attend the Bitcoin Builders Conference in Miami OKX, one of the leading cryptocurrency exchanges and
Bitcoin wallets with less than 1 BTC now hold an all-time high of 1.31 million coins. Shrimps have been adding an average of 26,000 BTC every month, data shows. The growth of the shrimp cohort is a positive development for the Bitcoin network. The amount
Pompliano argues that Bitcoin’s unique properties make it an attractive insurance asset for a variety of reasons. He says Bitcoin provides insurance against a variety of risks, including, currency debasement and sovereign default. Bitcoin critics however point to things like the volatile nature of crypto