Reading Time: < 1 minute Analysts have noted a decline in spot trading volumes and the potential for significant liquidations in the derivatives market.
Tag: Bitcoin
Bitcoin
Anthony Scaramucci: Bitcoin Will Enjoy a Bullish Trend
Reading Time: < 1 minute The founder of the SkyBridge Capital fund, Anthony Scaramucci, is confident that the cryptocurrency market is moving into a new phase.
Bitcoin’s Block Space is 100% Filled by NFT Ordinals: Report
Reading Time: < 1 minute According to Dune Analytics dashboard, the first cryptocurrency’s blockchain has been experiencing the longest period of maximum block loading since February.
Bitcoin’s Dominance Index is About to Grow: Matrixport’s Analyst
Reading Time: < 1 minute Matrixport’s Markus Thielen has suggested the BTC dominance index could continue to rise amid increased price decline risks for popular altcoins.
Base’s Activity Exceed’s Ethereum’s
Reading Time: < 1 minute For the first time ever, two Layer 2 networks have surpassed Ethereum in terms of transactions per second (TPS).
Open Interest in Bitcoin Futures Jumps by 16%
Reading Time: < 1 minute Open interest in Bitcoin futures rose by 16% on Monday as the value of digital currencies continued to increase.
Number of Active Users on Bitcoin Network Exceeds Ethereum’s: Report
Reading Time: < 1 minute The Artemis platform has found that, despite leading the blockchain rankings in terms of the number of DeFi protocols and NFT projects, Ethereum is second to Bitcoin in active wallet address numbers.
Arthur Hayes: Bitcoin Will Grow to $70K Next Year
Reading Time: < 1 minute Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, has predicted that the value of Bitcoin could reach as high as $70,000 by March 2024.
Bitcoin Volatility Hits Three-year Low
Reading Time: < 1 minute Bitcoin experienced a surge of economic activity on Wednesday, pushing prices up from $25,000 to over $26,000.
