BTCUSD Attempts to Surmount $35,000, Presses Hard Against It Bitcoin (BTCUSD) is pressing against the critical $35,000 resistance level as it strives to overcome this formidable barrier. The current bullish surge is reminiscent of the last time we witnessed such high activity, which was back in June, after which Bitcoin experienced a sharp decline, falling […]
BTCUSD Maintains Its Push to Rise Above $35,000 Bitcoin remains steadfast in its endeavor to surmount the formidable $35,000 resistance level, exhibiting a determined push toward higher price levels. This bullish resurgence has followed an extended period of consolidation beneath the $28,000 threshold. BTCUSD Key Levels: Supply Levels: $35,000, $38,000 Demand Levels: $30,000, $28,000 The […]
BTCUSD Achieves a Price Increase of 30% in 2 Weeks BTCUSD has achieved a major price increase over the past two weeks. The coin has seen a remarkable surge in price, exceeding 30%. After sliding below the $30,000 price threshold, the cryptocurrency struggled to regain momentum and slowly retreated to $25,000. It was at this […]
BTCUSD Is Traversing the $35,000 Resistance Level BTCUSD is traversing just below the $35,000 resistance level, marking a significant juncture in its recent price trajectory. In just over two weeks, we’ve witnessed an astounding surge in the BTC market. This rally kick-started by a breakthrough from beneath the $28,000 resistance, which ultimately unleashed the bullish […]
Chainlink’s native token, LINK, skyrocketed by 35% in a week, achieving its highest close in 18 months at around $11 per token. This surge, reaching levels last seen in May 2022, resulted from the anticipation of Chainlink Staking v0.2’s launch later this year. The new version promises flexible withdrawals, liquid rewards, modular architecture, and dynamic […]
BTCUSD Violates $28,000 and Could Rally to $30,000 Bitcoin has successfully broken through the significant resistance level of $28,000, marking a notable achievement after several attempts. This breakthrough was achieved yesterday, propelling the price to $30,000 before experiencing a corrective pullback to $28,000. Current market indicators suggest that Bitcoin may continue its upward trajectory, potentially […]
BTCUSD Pumps Further Upward Towards the $30,000 Mark BTCUSD pumps by more than 7% to reach the $30,000 significant level. The market has been displaying bullish tendencies since it jerked off the $25,000 support level. This is an emulation of previous trends that occurred in November 2015 and 2019, just before the Bitcoin halving events. […]
Bitcoin’s recent uptick in whale activity sparks optimism, thereby indicating a growing trend. This surge aligns with smaller investors moving up, showcasing a broadening interest in cryptocurrency. According to Glassnode data, whales sent about 21,000 BTC to exchanges within 48 hours. This coincided with a market rally that pushed Bitcoin above $26,000. Check out for […]
Transforming Challenges into Opportunities: Bitcoin Miners and Renewable Energy Bitcoin mining has long been criticized for its significant electricity consumption and carbon footprint due to the energy-intensive proof-of-work (PoW) method it employs. However, a recent study conducted by researchers Juan Ignacio Ibañez and Alexander Freier presents an intriguing outlook on this matter. Their findings suggest […]
