BTCUSD Is In the Hunt to Surpass $38,000 BTCUSD remains intent on surpassing the significant level of $38,000. The bullishness of the Bitcoin cryptocurrency during this period is well documented, having risen more than 40% in just about 6 weeks. Nevertheless, the market has met strong resistance since reaching $35,000. It has managed to bypass […]
Exchange-Traded Funds (ETFs): A Gateway to Bitcoin Investment Exchange-Traded Funds, commonly known as ETFs, are investment instruments that track specific assets or commodities. In the world of Bitcoin, ETFs serve as a seamless means for investors to engage with its price movements without directly holding the cryptocurrency. Instead of navigating the complexities of cryptocurrency exchanges, […]
BTCUSD Returns to an Ascending Channel Bitcoin (BTCUSD) rises back into its ascending channel. The coin staged a bullish move, reclaiming its position within a previously established ascending channel. The year 2023 has marked a significant period of recovery for this cryptocurrency, transitioning from a bearish trend at the beginning of the year, starting at […]
BTC/USD Suffers Rejection on first contact with the $38,000 resistance Bitcoin (BTC/USD) suffers initial rejection upon coming into contact with the $38,000 resistance level. The cryptocurrency has witnessed an incredible price increase over the past four weeks, beginning in mid-October. The coin was able to bypass the different key levels in different ways, either sharply […]
Active Wallet Addresses: The Driving Force of Crypto Investments Success In an extensive study spanning from 2010 to 2023, researchers scrutinized the top 100 cryptocurrencies, unraveling key insights into the factors steering long-term crypto prices. A groundbreaking revelation emerged: a staggering 94% of crypto investments witnessed a surge in value correlated with the number of […]
Introduction In the evolving landscape of cryptocurrency mining, the focus has shifted from Bitcoin to alternative digital currencies. While large-scale operations dominate Bitcoin mining, standard PCs can still mine several smaller cryptocurrencies. This guide delves into the best cryptocurrencies suited for PC mining in 2024. Æternity (AE): A Scalable Blockchain Platform Introduced in 2017, Æternity […]
Bitcoin’s decline looms as surging transaction fees weaken investors’ interest. In recent days, Bitcoin (BTC) network transaction fees have surged tenfold, compelling investors and crypto users to explore other cryptocurrencies. This spike in fees, reaching an average of $12.12 in the few hours on November 9–10, sparked a disposition favoring cheaper altcoins over BTC. CRYPTO […]
Bitcoin Faces Increasing Pressure Despite Rally Bitcoin encounters bearish resistance on the path to $38,000. Despite a recent rally, the coin is currently grappling with increasing bearish pressure as it endeavors to attain a significant level of $38,000. BTC buyers have maintained control of the market, propelling the coin to a remarkable 43% price increase […]
Introduction The 52-week high/low serves as a critical metric for investors, offering insights into a security’s performance over an extended period. This guide explores the intricacies of this measurement, its calculation, its significance, and how investors leverage it to inform their decision-making. Defining the 52-Week High/Low The 52-week high/low encapsulates a stock’s highest and lowest […]
