Bitcoin

Bitcoin is relatively consistent on Wednesday at around $46,300 per coin, while rivals Ethereum and Dogecoin were trading around $3,220 and 26 cents per coin. The Bitcoin price broke past $46,000 on Monday morning. This happened after a high-stakes weekend for the crypto industry as the Senate discussed its part in the still expected infrastructure bill. Still, on Monday, Bitcoin traded as high as $46,465, the highest level it has accomplished since May 16, when it hit $49,770.33. Ethereum's London…

The BTC bulls continued to cement higher support on Aug 10 as the price touched $46K following a slight correction to the $43.5K zone. The strength of the bitcoin comeback was evident after the BTCUSD pair rallied from lows of $42,855 to reclaim the $45K support.  The world’s first cryptocurrency extended its gains during the European session and logged an intraday high near $46,500 before losing upward momentum. BTC is currently consolidating gains at its price of $45,450, per data…

Bitcoin price is continuing an upward movement this week with a massive gain compared to the past weeks. The price went to highs that the cryptocurrency has not reached after the collapse it underwent after it reached its record height above $63,000. Generally, the crypto market is recovering, with top coins gaining as much as 15% in a single day. Ethereum has been climbing aggressively and since June has surged about 80 % to get to $3,179.47. Bitcoin, on the…

The BTC price caught a sharp uptrend over the weekend and hit its highest level in months. The BTC/USD pair briefly crossed the $45K mark on Aug 8, hitting intra-trade highs of $45,363 before parrying some gains as investors rushed in to take profits off the table. The benchmark cryptocurrency has embarked on a remarkable run over the past week that has seen it gain over 20% from its low of $37.3K registered at the beginning of this month. The…

On August 6th, for the first time, Bitcoin hit the $42.9k mark after retracing with a super price surge from merely $39k. It's the first time bitcoin hit the mark in over two and a half months, and as seen, this bullish trend could continue for a while. This bullish trend could have a positive impact on the entire crypto space if it continues.  Bitcoin on a Bullish For the first time in over 80 days, bitcoin currency hit the…

According to the latest report, Bitcoin SV suffered a 51% attack on Tuesday morning. Unknown persons initiated the attack after compromising transactions to start three shadow forks.  Such attacks aim to secure cryptocurrency blockchains and block other transactions from getting confirmed. Let me explain how. After the attack, tokens overwhelm the network to reorganize transaction records. It then enables the attackers to double-spend and lowers their value as a result. The Attack Affects BSV's Price Forbes has it that the…

Per the latest data from analytics firm Glassnode, the number of addresses holding addresses 100-10,000 BTC have hit the 9.23M mark for the first time in history. The significant increase in active addresses comes as more whales move into trading the flagship cryptocurrency following a renewed bullish trend. The blockchain analytics platform shows that active BTC entities jumped 30% at the end of July to reach 325,000 active users, matching levels maintained in July of last year.  Santiment, a crypto…

Bitcoin is back above $40K after a dramatic fall below the long-held $30K support. The world's leading crypto has re-taken the highs of its current range after institutions rushed in to buy the dip as miners evicted from China sold off their holdings to finance their relocation to friendlier destinations. BTC is now trading comfortably above the $40K level after the general crypto market sentiment flipped bullish, suggesting that bulls are set to see more green days in the near…

Over the past 24 hours, BTC prices corrected lower below the $38K support level and even dipped toward $36,500. Despite bitcoin forming a low near $36,400, the bulls remained active, resulting in a clear break above several key resistance levels. Consequently, the world's first cryptocurrency hit highs of $40,520 on Tuesday night. The coin has now sealed eight straight green daily candles in a week as market sentiment flipped bullish, prompting quantitative trader Sam Trabucco to react. The prominent crypto…