Bitcoin Short Term Speculators Blamed for the Investor Group Realizing Most Losses
Bitcoin short term investors have been blamed for the primary culprits in the crash witnessed in the crypto market.
Bitcoin Mining Might Become More Easier and Lucrative Following China’s Crackdown
While Chinese authorities were intensifying the Bitcoin (BTC) mining crackdown, some crypto experts believe this might be a blessing in disguise to this sector.
Bitcoin Transaction Fees as a Percentage of Total Miner Revenues Hit Lowest Point Since June 2020
BTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.
How online users are turning to casinos for BTC wins
More and more online users are searching for ways to win big online, and betting with BTC has become the newest trend, read on for more
Bitcoin Miners’ Outflow Volume Hit a Monthly Low
Bitcoin miners are not yet out of the woods because their outflow volume reached a monthly low of 47.163 BTC.
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High
BTC addresses holding between 100 and 10,000 BTC have been on a spending spree, given that they have added 90,000 BTC to their portfolio, as acknowledged by on-chain metrics provider Santiment.
Bitcoin Needs Momentum to Hit $43,000 For Recapturing the 200-Day Moving Average
Market analyst Lark Davis suggests that BTC needs momentum to push forward until the $43,000 level to regain the 200-day moving average.
Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022
Billionaire Tim Draper said he remains optimistic about Bitcoin and expects its price to reach $250,000 by the end of 2022 or early 2023.
Bitcoin Needs to Push Above $40,000 for Bulls to Construct Confidence
Chris Weston, the head of research at Pepperstone Financial Pty, believes that Bitcoin ought to trade above the top of the present range of $40k for bulls to feel that they are out of vulnerability.
A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst
Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.