Crypto Currency

Flying High: Why Bitcoin Fans Are Buzzing About Hitting $42,069

“We believe that we invent symbols,” the author Gene Wolfe once wrote. “The truth is that they invent us; we are their creatures, shaped by their hard, defining edges.” Many creatures of the crypto ecosystem, then, rejoiced Tuesday upon news that Bitcoin had pushed past a powerfully symbolic price: $42,069…

Published 2 years ago in
Flying High: Why Bitcoin Fans Are Buzzing About Hitting $42,069

“We believe that we invent symbols,” the author Gene Wolfe once wrote. “The truth is that they invent us; we are their creatures, shaped by their hard, defining edges.” Many creatures of the crypto ecosystem, then, rejoiced Tuesday upon news that Bitcoin had pushed past a powerfully symbolic price: $42,069…
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Crypto Currency

Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC

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Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC
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Crypto Currency

CryptoQuant Says Bitcoin Price Rebound Above $703k Is Relief Rally

TLDR CryptoQuant says Bitcoin remains in a bear market Bull Score Index stands at 10 out of 100 Spot demand contraction narrowed from -136K to -25K BTC Long term holder selling dropped to 276K BTC Bitcoin price has climbed above $73,000 earlier Thursday, drawing renewed attention from traders…

Published 3 hours ago in
CryptoQuant Says Bitcoin Price Rebound Above $703k Is Relief Rally

TLDR CryptoQuant says Bitcoin remains in a bear market Bull Score Index stands at 10 out of 100 Spot demand contraction narrowed from -136K to -25K BTC Long term holder selling dropped to 276K BTC Bitcoin price has climbed above $73,000 earlier Thursday, drawing renewed attention from traders…
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Crypto Currency

XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback.  The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next…

Published 3 hours ago in
XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback.  The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next…
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Crypto Currency

Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets. The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…

Published 3 hours ago in
Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets.
The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…
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