Crypto Market Forecast: 21st October - Bitcoin hits all time high

A mid-week summary of forward-focused crypto news that matters. Today, Bitcoin hits an all-time high, major alts follow it up, and the ProShares Bitcoin ETF breaks speed records to 1 billion AUM.

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On-Chain Data Suggests Ether Will Be Blazing Through New All-Time Highs Before Bitcoin

Earlier this month, Bloomberg revealed that Ethereum’s year-to-date performance has been significantly higher than Bitcoin’s for two years now. Bitcoin proponents, unfazed by the recent developments, have their eyes peeled for when Bitcoin finally hits $100,000; as they should, given that multiple indicators have validated the possibility of Bitcoin attaining said price this year. However, […]

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Bitcoin Has A Rare Opportunity Of Hitting $157,000; Here’s How The Magic Could Happen

The Bitcoin community has been clamoring for Bitcoin to close the year at $100,000 or above. But with the many negative hits the market has taken, the former is still just as attractive for investors and traders alike.

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Bitcoin Hits $56,000, What’s Next?

Bitcoin’s rapid price rise has brought it to another milestone. So, what could be next for the best performing asset of recent memory? The post Bitcoin Hits $56,000, What’s Next? appeared first on Bitcoin Magazine.

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Mike Novogratz Explains Why Crypto Adoption Is Here Now As Bitcoin Hits $48,500

Rigorous Bitcoin supporter Mike Novogratz has named a new major milestone for crypto adoption, while Bitcoin hits a new all-time high of $48,500

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What to expect if Bitcoin hits its floor price of $29,000

Over the past week, a couple of market contradictions shook the Bitcoin industry. After a rally that had been ongoing since Q4 of 2020, BTC finally recorded a weekly loss for the first time since SeptThe post What to expect if Bitcoin hits its floor price of $29,000 appeared first on AMBCrypto.

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Bitcoin futures volume hits an ATH of $100 billion

The bitcoin market hit a new all-time high at $40k on 7 January keeping up with its 'new-day, new- peak' motto. As traders saw this new price of the world's largest crypto, it resulted in large scale The post Bitcoin futures volume hits an ATH of $100 billion appeared first on AMBCrypto.

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Ether hits $500 for the first time since June 2018, outperforming Bitcoin YTD

Ether hits two-and-a-half-year highs and follows Bitcoin to reach significant psychological levels this week.

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Unstoppable Bitcoin inches toward $16K as Ethereum hits $445

The US election appears to have triggered a Bitcoin rally to near $16,000 as...

The post Unstoppable Bitcoin inches toward $16K as Ethereum hits $445 appeared first on Coin Journal.

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Bitcoin: Lightning Network strikes again as locked-in BTC hits 9-month high

Bitcoin is the undisputed leader of the cryptocurrency realm. Altcoins and tokens continue to follow the king coin's lead. Despite such dominance, however, the world's largest cryptocurrency remains aThe post Bitcoin: Lightning Network strikes again as locked-in BTC hits 9-month high appeared first on AMBCrypto.

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Bitcoin Price Hits $10,000 for the First Time in 2020 — Up 40% YTD

Bitcoin is delivering more surprises in 2020 as price action sees $10K return

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Crypto Tidbits: Bitcoin Nears $10,000, Tron CEO’s Warren Buffett Rendezvous, Ethereum DeFi Hits $1B

Another week, another round of Crypto Tidbits. Bitcoin saw quite the past week in terms of price action, rallying from a low of $9,100 to as high as $9,900 (a high just set hours ago as of the time of this article’s writing).

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Bitcoin Funding Rate Hits 0.12% on BitMEX: BTC Historically Fell 7% Afterwards

Over the past week, Bitcoin (BTC) has found itself in a steep rise higher, rallying from $9,100 to as high as $9,850 — a gain of 8.2% — in the span of four days. Although this sort of price action isn’t abnormal for the leading cryptocurrency, it has been underscored by a growing sense of... The post appeared first on NewsBTC.

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Bitcoin Hits New Yearly High For the Second Day in a Row

Bitcoin once again hit a new yearly high, for the second consecutive day. This morning Bitcoin reached a price of $9869 on BitMEX, the largest and most liquid crypto trading exchange. Bitcoin, has been having a stellar year so far It’s been another wonderfully good day for Bitcoin, and every other coin in the top ten by market cap, except Bitcoin SV which is in the red.

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Bitcoin Price Is Moving Up Again while Number of BTC Users Hits 23 Million

Coinspeaker Bitcoin Price Is Moving Up Again while Number of BTC Users Hits 23 MillionYesterday, BTC price was back to growing. Today, on Thursday, February 6th, the asset continues its growth mostly around $9,700.

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Bitcoin Cash Hits Seven-Month High as Altcoins Explode in Tandem

Bitcoin Cash (BCH) registered a mind-bending price rally on Wednesday as traders moved capital into the altcoin market en masse. The fourth-largest cryptocurrency surged by up to 12. 93 percent to establish a new yearly top at $428.

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Bitcoin Hits Weekly Low as Fears of a $37M Dump Grow

Bitcoin was heading lower on Tuesday as concerns over a potential $37 million dump grew over traders’ consciousness. The benchmark cryptocurrency hit a new weekly low at $9,116. 35 during the early European session, down 5.

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Bitcoin Futures: Volatility ‘Coming’ as BitMEX Hits $1B Open Interest

Bitcoin should see a “significant” price move on the back of futures strength, one analyst believes

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Bakkt open interest hits all-time-high as futures traders continue to bet on Bitcoin buy streak

As Bitcoin closed out its best January in seven years, open interest rocketed to a new all-time high on Bakkt’s physically-settled Bitcoin futures market, and institutional traders on CME Group looked to position themselves for higher highs.

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Bitcoin (BTC) Price to Hit $100,000 after Full Bull Market Begins: Crypto Trader Explains Why

Many hope that this year the BTC price will surge at least to $20,000, and a trader predicts that once BTC hits $20,000 it will then quickly move to $100,000

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Litecoin Hits 17-Week High and It Could Be Bullish for Bitcoin

Litecoin was trending higher on Saturday against an otherwise bearish intraday narrative in the overall cryptocurrency market. The seventh-largest crypto by market cap closed above its seven-week high to hit $72.

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Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High

Bitcoin price pulls back as bulls target $10,000

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Bitcoin Hash Rate Hits New High: Are Fundamentals Screaming ‘Bull Run?’

Bitcoin’s hash rate just hit another all-time high. The collective computing power supporting the network now stands at more than 123,011,832 terahashes per second. Although the hash rate has dropped a few times in Bitcoin’s history, the upwards trend is more pronounced — even than the price of the leading cryptocurrency.

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Bitcoin Hits $9.4K but a Bullish Breakout is Still Not Confirmed

A five-minute price rally took bitcoin above $9,400 on January 28. The move upside helped the cryptocurrency break above a long-term resistance area. Earlier in November, bitcoin had broken above the same price ceiling but failed to sustain its upside momentum.

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Bitcoin Price Jumps to $9,400 Levels, Hits Its New 2020 and 3-Month High

Coinspeaker Bitcoin Price Jumps to $9,400 Levels, Hits Its New 2020 and 3-Month HighBitcoin price surge continues as investors move to crypto on the outbreak of the deadly coronavirus in China.

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Bitcoin Hits $9,400 In Vertical Rally, But It’s At Risk of A Violent Pullback For This Key Reason

Bitcoin extended its rally above the $9,200 resistance against the US Dollar. BTC tagged the $9,400 area and now it could correct lower towards $8,800 or $8,500. Bitcoin price is approaching a couple of key resistances near $9,500 against the US Dollar.

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A Massive 500 Bitcoin Sell Order Hits Binance For First Time in a While, Here’s What It Means

Bitcoin’s recent movement up towards its 2020 highs at $9,200 caught some bears by surprise, as it appeared to elucidate a significant amount of strength amongst BTC’s bulls. Bears are currently fighting back, however, as one whale just put up a 500 BTC market sell on cryptocurrency exchange Binance, which could be one of the... The post appeared first on NewsBTC.

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Blockchain, not Bitcoin: China’s BTC Volume on LocalBitcoins Hits 2-Year Low

China’s Bitcoin trading volumes hit a two-year low despite president’s call to open doors to blockchain technology

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China BTC Volume on LocalBitcoins Hits 2-Year Low, Baidu Searches Dwindle

LocalBitcoins is showing its lowest volume in China in two years. Volume for the popular marketplace hovered at around 4.5 million yuan for the week of Jan 25. This has coincided with a drop in Bitcoin’s search volume on the Chinese search engine, Baidu, which has also hit a new low over the past 30 […] The post China BTC Volume on LocalBitcoins Hits 2-Year Low, Baidu Searches Dwindle appeared first on BeInCrypto.

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Tom Lee Insists 2020 Will Be Good for Bitcoin (BTC) Despite Recent Pullback

Fundstrat's Tom Lee doubles down on his bullish prediction as Bitcoin (BTC) hits a snag

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Rocketpot.io – Multiply Bitcoin with Three Progressive Jackpots

Popular Bitcoin gambling platform Rocketpot is one of the only crash games to offer progressive jackpots. Jackpots are triggered during any game round when the curve hits certain levels. Along with these jackpots, players also have the chance to multiply their bet on each round.

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CME Bitcoin Options Volume Doubles One Week After Launch, Hits $5.3M

Institutional interest seems all the more apparent as the latest Bitcoin options product sees higher volumes

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Crypto Tidbits: Bitcoin Hits $9,000, Institutional Cryptocurrency Investment Spikes, NBA Team Uses Ethereum

Another week, another round of Crypto Tidbits. The past seven days have been quite, quite exciting for Bitcoin and its ilk. Per data from Coin360, BTC has gained 11% in the past week, rallying as high as $9,000 as buyers have stepped in en-masse.

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Bitcoin’s Hash Rate Hits A fresh All Time High Signifying A Strong Network Before Halving

Bitcoin hash rate has hit a fresh all-time high (ATH) which shows that the king crypto has continued to gain on its technical ability. Fresh data from BitInforCharts shows that the total hashes have jumped to 126Eh/s.

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Bitcoin hash rate hits new ATH as third halving nears

Bitcoin has touched a new high, with respect to its hash rate. With just three months left for the upcoming halving event, the king coin's hash rate, a metric which essentially refers to the amount ofThe post Bitcoin hash rate hits new ATH as third halving nears appeared first on AMBCrypto.

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It’s Never Been Harder to Mine Bitcoin as Hash Rate Hits New Highs

Bitcoin’s hash rate and difficulty continue to surge higher as miner confidence appears unshaken in Q1 2020

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CME Bitcoin Futures See Open Interest Surge as Global Volume Hits $25B

CME Bitcoin futures are preparing for fresh highs in open interest as institutional attention continues

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Bitcoin Futures Open Interest Hits $3.5 Billion; Upward Trend to Continue?

The Bitcoin and wider cryptocurrency markets surprised observers yesterday as the market capitalisation of leading cryptos suddenly increased. January 14 started with the market at $217. 5 billion, today that figure stands at over $238.

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Bitcoin (BTC) Mining Difficulty Hits New Record High as Miners Become More Powerful

The Bitcoin (BTC) mining difficulty reaches a fresh record high of 14.78 trln

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Bitcoin Price Hits 2-Month High at $8.7K as 3 Bullish Factors Converge

Bitcoin seeks swift leg-up to $9K as markets rise 8% in 24 hours to reach $8.7K highs

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CME Bitcoin Options Trade $2.3M in Debut, BTC Price Hits 2-Month High

CME seals 55 contracts on the first day of Bitcoin options trading

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Bitcoin Options Launch Imminent as CME Open Interest Hits 7-Month High

Volume and open interest in Bitcoin futures are spiking as new options products come to market

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Bitcoin volatility anchors volume rise; Bakkt OI hits ATH

If the first full trading week of Bitcoin is a sign of things to come, then buckle-up, we're in for a ride! Within a week, Bitcoin waved away its December blues, rose to a new 2020 high, saw a voluThe post Bitcoin volatility anchors volume rise; Bakkt OI hits ATH appeared first on AMBCrypto.

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Bitcoin's options trading hits $1 million volume 2 hours after FTX's launch

The participation of new entrants in the industry has kept the space interesting for speculative trading. FTX has been making headway for a while; especially with the launch of Bitcoin Option tradingsThe post Bitcoin's options trading hits $1 million volume 2 hours after FTX's launch appeared first on AMBCrypto.

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Bitcoin Hash Rate Hits All-Time High Behind Price Rise, Private Pools in China

Bitcoin’s hash rate hit an all-time high of 117 EH/s in early 2020. But the reasons why are more nuanced than “the halving.” The post Bitcoin Hash Rate Hits All-Time High Behind Price Rise, Private Pools in China appeared first on Bitcoin Magazine.

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Crucial Indicator Shows Bitcoin Price 250% Higher in 2020

Bitcoin could establish a new all-time high above the $20,000 level in 2020 as it hits crossroads with a bias-defining indicator. The benchmark cryptocurrency’s latest move uphill prompted it to retest its 20-weekly moving average on Wednesday.

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Bitcoin Mining Power Hits Record Highs

Bitcoin (BTC) is seeing more computational power invested in coin generation than ever before. As of Jan. 6, Bitcoin’s mining network has reached a hashrate of 120 exahashes per day. This number has been growing steadily over the past decade, but it has grown significantly in recent months.

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Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack

Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly.

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As Ethereum Hits a Make or Break Level, This Factor Could Spell Doom for What’s Next

Ethereum has had a great week, as it has been able to post consistent gains that have allowed ETH to claim a stable position within the $140 region. Despite this, it has been woefully underperforming Bitcoin over the past 24-hours, and it is unclear whether it will soon begin a descent as investors transfer capital... The post appeared first on NewsBTC.

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