The expenses of sending BTC from one address to another has been meagre since July 2021. However, there was a hike in the fees last week wherein the average transaction fees per day since the past 7 days to $691,000, which doubled since last Tuesday. Nonetheless, this hike was relatively insignificant as miners churned through …
Continue reading “Bitcoin Transaction Fees Briefly Doubled Yet Remain Exceptionally Low”
Being a very volatile currency market, the BTC price has witnessed a steady decline. However, as per these two key metrics, it is at rock bottom and preparing for a rise like a phoenix. Since the December 4 meltdown, BTC struggled to maintain even a mere $47,500 support level, which eventually wiped out almost a …
Continue reading “2 Key Bitcoin Trading Metrics Suggest BTC Price Has Bottomed”
As the world economy struggles with controversies, inflationary pressures, and the threat of an impending economic downturn in some of the world’s most developed economies, it appears almost inevitable that both large and small shareholders will begin to accumulate Bitcoin as a hedging instrument against financial chaos, driving the price higher. Glass node scientists determined …
Continue reading “Bitcoin Holders Are About To Spark A Run To New BTC Price Highs, Data Suggests”
In today’s era where everything is getting digital, cryptocurrencies have influenced the finance market. There is no way coming out of it as people are investing more and more and it is going to be one of the most successful financial assets in a coming couple of years. In most of crypto-friendly countries, almost eight …
Continue reading “Ether Is More Popular Than Bitcoin In Singapore, New Study Finds”
Cryptocurrency is the most trending topic worldwide, and there is a massive number of people who are investing in it. But in the past few months, the cryptocurrency world has gone through some huge ups and downs, which has made investors face gigantic losses. So, to minimize the risk of facing such losses in the …
Continue reading “UK FCA Will Spend £11M To Warn People About Investing In Crypto”
In the bitcoin 2021 meet, there was money in the air. Some of the major buzzwords that floated around included NFT, BTD, blockchain, and token. There was no dearth of energy in the meeting. There was the heat; there was the humidity, people were warned about the pandemic. But, the way thousands and thousands of …
Continue reading “Bitcoin Ubiquity And The Role Of Institutions”
The crypto world has left everyone amazed at understanding the volatility of it. We have seen a huge steep in the prices beginning from this year, i.e. January 2021. As per benzinga.com bitcoin’s market capital remain number 1 till April 2021. But, at the very beginning of May this year, Ethereum crossed the market capital …
Continue reading “Ethereum Could Go To $10k In 2021 And Outperform Bitcoin, Says Veteran Trader”
The year 2017 is considered to be the bitcoin condemnation period. Many analysts from Bank of America criticized BTC. It slammed bitcoin to be highly volatile and impractical. It is also known to be the asset that is disastrous. It is never considered as a wealth that can be stored or have an inflation hedge. …
Continue reading “Bank Of America Analysts Slam Bitcoin: Buying 1 Btc Is ‘like Owning 60 Cars’”
In the past week, a major drop came at the Bitcoin price wherein it fell to $16,000 from $19,500. No smooth corrections might occur since dropdowns are not certain and often occur suddenly. Not much difference is present in the past correction as dropdown came within a few hours. After that, a consolidation of about …
Continue reading “Bitcoin Relief Rally Is Underway — Can Btc Price Reclaim $18k?”
Elon Musk is a South African-born American businessman who is the co-founder of the PayPal digital payment company and developed SpaceX, a release vehicle and spacecraft manufacturer. He had been one of the first largest shareholders in the electric vehicle maker Tesla, and also is the CEO. In the year 2004, Elon Musk became one …