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 […]
BTCUSD Is Poised to Rise Above $28,000 Following a Historical Trend The market appears primed to replicate a historical pattern characterized by significant bullish momentum, observed in November before Bitcoin halving events. Similar occurrences transpired in 2015 and 2019. Presently, on the daily chart, the market is trading slightly above the 75-period Moving Average (MA), […]
BTCUSD Struggles to Rise Beyond $28,000 Bitcoin (BTCUSD) is struggling against a formidable challenge in surmounting the $28,000 resistance threshold. Bitcoin has recently achieved a degree of liberation by breaching the longstanding descending trendline that had constrained it for an extended period. It aims to navigate multiple resistance levels to reclaim its previous pinnacle. BTC/USD […]
