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Bitcoin On-Chain Data Shows Possible Undervaluation of BTC Price

A Bitcoin on-chain metric, the Puell Multiple, temporarily fell to the “undervalued zone” before snapping back as BTC prices recovered, data from GlassNode on July 5 shows. The Puell Indicator Falling in lockstep with Bitcoin Hash Rate According to a screen-grab, the indicator has been used by on-chain analysts to pick out bottoms on severalRead More дальше »

2021-7-5 14:00


Bitcoin Sell-Off Worsens as US Jobless Claims Hit Pandemic Low; What’s Next?

Bitcoin edged lower Thursday after the jobless claims in the United States reached their lowest level of the pandemic, confirming that the country’s economy is recovering at a faster rate. The benchmark cryptocurrency fell to as low as $50,305 ahead of the New York opening bell, continuing its decline from the previous five sessions as […] дальше »

2021-3-25 16:23


Bitcoin hash rate has boomed 64% since March’s lows in trend positive for price

When Bitcoin fell from $7,700 to $3,700 within 24 hours in March, investors were claiming that the cryptocurrency was toast. As with every other crash, discussions began to crop up about “miner capitulation” or a “miner death spiral,” which is the theory that suggests when BTC crashes, miners will stop mining, liquidate their cryptocurrency, then […] The post Bitcoin hash rate has boomed 64% since March’s lows in trend positive for price appeared first on CryptoSlate. дальше »

2020-4-21 10:00


If Bitcoin’s Price Follows BTC’s Mining Hash Rate, What’s the Significance of Snapping a 19 Month Dry Streak

Bitcoin Miners’ Gross Margins See an Uptake First Time since BTC Price Boom While the revenues of Bitcoin miners fell to the lowest since August 2017, this month did see a small uptake in the gross margins of miners’ first time since the price of Bitcoin boomed that has been getting squeezed until recently. Bitcoin […] дальше »

2019-3-11 01:22