[ad_1] Follow Nikolaus On 𝕏 Here For Daily Posts When Bitcoin was first launched by Satoshi Nakamoto, there was no price. It was literally worth $0.The price of bitcoin first broke over $100 in April of 2013 and was captured on film as it rose to an all time high of $111. Later that year in December, BTC rose dramatically higher hitting a new all time high over $1,000. Reacting to #Bitcoin reaching an ATH of $111 back in 2013 🤯 pic.twitter.com/qkBfdNJyjA— Bitcoin Magazine (@BitcoinMagazine) February 11, 2024 Four years later, Bitcoin rose to $10,000 and beyond in November during the…
Author: dfrancis36
[ad_1] Bitcoin price started a fresh increase and tested the $100,000 level. BTC is now showing many positive signs and might continue to rise. Bitcoin is gaining pace above the $96,500 zone. The price is trading below $98,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $97,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair tested the key milestone level at $100,000 and might extend gains. Bitcoin Price Hits $100K Bitcoin price started another increase above the $96,500 resistance zone. BTC was…
[ad_1] Bitcoin mining could be a win-win solution to countries like the United Kingdom that are having problems with their excess output from renewable energy. The executive of a US-based digital asset technology firm suggested that Bitcoin mining could be the best way to eliminate wastage and grid congestion on renewable energy. The Bitcoin Solution Marathon Digital CEO and Chairman Fred Thiel offered a solution to grid operators and renewable assets who find it difficult to address wastage and grid congestion. Thiel, a known crypto miner, suggested that Bitcoin mining could help them manage grid congestion due to excess energy.…
[ad_1] Singapore-based Crypto.com is offering $2 million to anyone who can find and report vulnerabilities as a sign of its confidence in its modern and updated security system. The bounty program is the biggest yet for the website and HackerOne, offering an open scope, fast payment, and fully compliant with platform standards. Crypto.com announced its partnership with HackerOne and the $2 million bounty program through a Twitter/X post and company update last December 2nd. The initiative is part of the company’s commitment to promoting security and compliance and is backed by different certifications, including ISO 27001, ISO 27017, ISO 27019,…
[ad_1] An analyst known as a “Master Trader” on the crypto exchange Bybit thinks an altcoin running on the Ethereum (ETH) network is ready to take center stage. Pseudonymous analyst Bluntz tells his 301,800 followers on the social media platform X that he thinks the Ethereum-based decentralized oracle Chainlink (LINK) is poised to spark a five-wave surge to a new all-time high. Bluntz relies on the Elliott Wave theory, a technical analysis approach that states a bullish asset often witnesses a five-wave rally. Says Bluntz, “Major breakout on LINK today, all you have to do is take one look at…
[ad_1] Este artículo también está disponible en español. The Bitcoin price has recently attempted to reclaim the $96,400 level as support after breaking above the bearish trend line. A crypto analyst has underscored why this support level is crucial for Bitcoin’s next price rally, as it could set the stage for a potential retest above the $100,000 All-Time High (ATH). Bitcoin Price Retests $96,400 To Trigger Surge To $100,000 Prominent crypto analyst Rekt Capital took to X (formerly Twitter) on December 4 to inform his over 518,000 followers about the current Bitcoin price action and future direction. The analyst suggested…
[ad_1] Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin’s recent price action and XRP’s. Dogecoin Price To Replicate XRP Rally? In an X post, Jacob Canfield suggested that the Dogecoin price could soon replicate the recent XRP rally. He stated that Dogecoin was trading similarly to XRP in the lower time frames. DOGE is holding former resistances as support and trading in a “pretty straightforward” way. Source: X Based on this, the Dogecoin price could pull an XRP rally and witness massive…
[ad_1] Este artículo también está disponible en español. A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3. Announcing the move on X, Arkham stated: “ALERT: US GOVERNMENT MOVING $1.5 MILLION OF SHIBA INU.” Specifically, the US government transferred 54,897,092,549 SHIB tokens to the Ethereum wallet ‘0x995’. Following the transaction, the sending wallet—associated with the US government—no longer holds any SHIB tokens. The recipient wallet, now with a total crypto portfolio valued at $33 million, has…
[ad_1] On-chain data shows that Bitcoin investors’ profit-taking has observed a huge decline since last month’s top, a sign that could be positive for BTC. Bitcoin Realized Profit To Exchanges Now Down To $277 Million Per Day According to data from the on-chain analytics firm Glassnode, trader profit-taking in the Bitcoin market has cooled off significantly during the last couple of weeks. For the purpose of tracking profit-taking, the analytics firm has made use of the “Realized Profit to Exchanges” indicator. This metric, as its name suggests, measures the total amount of profit that the investors are harvesting or ‘realizing’…
[ad_1] Este artículo también está disponible en español. The biggest cryptocurrency in the world, Bitcoin is losing its hold on market supremacy, therefore changing the crypto scene. Analysts believe cryptocurrencies may soon take the spotlight as their market share drops to 55.80% and a confirmed sell signal flashes for the first time since 2020. As Bitcoin’s price battles to sustain its momentum and falls below important trendline support, this sentiment picks traction. Related Reading Bearish Signals Trigger Altseason Conjecture The relative strength index (RSI) indicating Bitcoin’s dominance is trading below its midline, therefore reinforcing negative expectations. Such situations have historically…