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Bitcoin’s post-FTX performance in line with previous cycles

Quick Take Bitcoin’s (BTC) resilience is once again underscored by recent data showing a 113% rally from the cycle low, sparked by the fallout from the FTX collapse in November 2022. This rise, strikingly, is commensurate with the performance during previous cycles, indicating an enduring robustness in Bitcoin’s market resilience. дальше »

2023-10-31 23:00


Bitcoin price resilience hinged on short-term holder cost basis, on-chain analysis shows

Quick Take Bitcoin’s price dynamics are exhibiting a pattern of consistent reliance on the short-term holder cost basis as a support level, currently standing at $29. 1k. For the third time this year, Bitcoin has gravitated towards this price level, indicating its significance in the market’s perception of Bitcoin’s value. дальше »

2023-8-16 13:00


Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8. дальше »

2023-8-10 11:36


Bitcoin adjusts positively amid Texas heat wave, soaring energy costs

Quick Take Bitcoin’s positive difficulty adjustment of 0.12% marks the 12th of 17 such changes this year, demonstrating its resilience in the face of fluctuating energy costs. The positive adjustment comes at a time when Texas, a prominent hub of Bitcoin mining, grapples with soaring electricity prices resulting from an ongoing heatwave, as per CBS […] The post Bitcoin adjusts positively amid Texas heat wave, soaring energy costs appeared first on CryptoSlate. дальше »

2023-8-9 15:57


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Bitcoin Whale Watch As Bitcoin Briefly Makes A $30K Price Rebound

The recent rebound of Bitcoin above $30,000 and the continuous growth of Bitcoin shark wallets are indicative of the market’s resilience and the ongoing interest of institutional investors.  Increase In Number Of Large Addresses The increase in the number of large addresses, often associated with whales, signifies growing institutional involvement and their inclination towards holding […] дальше »

2023-7-24 09:30


Long-Term Bitcoin Holders Unfazed By Binance, Coinbase Lawsuits: Glassnode

Long-term Bitcoin holders are standing strong amidst the storm, undeterred by the recent lawsuit filed against Binance and Coinbase Exchange by the US Securities and Exchange Commission (SEC).  The resilience of these dedicated holders is evident as data from crypto markets analytics provider, Glassnode, reveals that the percentage of Bitcoin Long-Term Holder Supply sent to […] дальше »

2023-6-12 18:00


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Buckle Up! Bitcoin Bollinger Bands Signal An Impending Rollercoaster Ride

After weeks of going nowhere, Bitcoin price is gearing up for a massive move. Buckle up, because we are going to show you why, according to the Bollinger Bands, BTC is about to blow. Crypto Market Goes Calm After A Q1 2023 Comeback Bitcoin has managed to survive a brutal crypto winter and even show resilience throughout bleak macro conditions and rising interest rates from the US Federal Reserve. дальше »

2023-4-8 23:45