Browsing: Bitcoin

Bitcoin’s year-to-date return rate in November stands at -12.39%, significantly lower than the historical average return rate of 42.49%. This disparity highlights the current performance of Bitcoin compared to its typical returns over time. Investors… (via Bpaynews real-time desk)

Bitcoin support level Community sentiment among cryptocurrency enthusiasts has shifted positively, with many now viewing $85,000 as a potential support level for Bitcoin. This change in attitude reflects broader optimism regarding Bitcoin’s future performance. Analysts… (via Bpaynews real-time desk)

Bitcoin rebound A rebound in Bitcoin above $97,000 may lead to a cumulative short-squeeze intensity of $5.91 billion across mainstream centralized exchanges. This potential surge indicates significant market activity and investor interest. A short squeeze… (via Bpaynews real-time desk)

XRP decline XRP experienced a decline of 4.3% following the launch of the XRPC ETF, as market conditions were influenced by weakness in Bitcoin. The downturn in XRP’s value comes despite the introduction of the… (via Bpaynews real-time desk)

BTC Holdings The founder of Equation has announced plans to increase Bitcoin holdings as a long-term investment, citing current market conditions as overdue for panic. This strategy reflects a belief in the potential of Bitcoin… (via Bpaynews real-time desk)

BTC money laundering case Qian Zhimin is identified as the mastermind behind a $60,000 Bitcoin money laundering case, having acquired the coins at an average price of 2,815 yuan per coin. A hearing will take… (via Bpaynews real-time desk)

Bitcoin social discussion volume Santiment reports that Bitcoin’s social discussion volume has reached a four-month high, indicating a significant possibility of a market reversal. Increased social engagement around Bitcoin often suggests heightened interest among investors… (via Bpaynews real-time desk)

Bitcoin has surpassed the $96,000 mark, marking a significant increase in its value. This surge is a notable event for investors and market observers alike. The cryptocurrency’s rise has attracted attention, as it continues to… (via Bpaynews real-time desk)

Bitcoin has fallen below $95,000, marking a 24-hour decrease of 0.7%. This decline reflects a broader trend in the cryptocurrency market. The recent drop is part of ongoing fluctuations that characterize the volatility associated with… (via Bpaynews real-time desk)

Glassnode reports that only about 5% of the altcoin supply is currently in profit, indicating a significant divergence between Bitcoin and other altcoins. This situation is described as unprecedented in the cryptocurrency market. The analysis… (via Bpaynews real-time desk)