Bitcoin

How Bitcoin On-Chain Metrics Hint At A Long-Term Bottom –

admin2022-10-19T17:57:10+00:00

Predicting the bitcoin bottom is something that is done with much fervor by investors in the space since it often means more profit if they can accurately catch the bottom. It often proves to be a difficult task but using blockchain metrics can provide some guidance. Presently, these blockchain metrics have fallen to new lows, which could point toward a possible bottom for bitcoin.

Blockchain Metrics Bottom Out

Bitcoin on-chain metrics had been inching towards new lows in the last...

Bitcoin Beats 3 Of America’s Biggest Banks In Terms Of Market Cap –

admin2022-10-19T06:08:24+00:00

Bitcoin, the largest cryptocurrency in terms of market capitalization, will most likely enter next month having a trading price that is significantly lower than its $69,044 all-time high attained on November 10, 2021. Moreover, its average price for October 2022, which currently stands at $19,443, is nowhere near the $58,051 average it tallied in the same month last year. To say the highly touted “digital gold” was hit hard by the unpredictable volatility that is known to affect the crypto space...

LBank Exchange to list Spectre Chain (SPC) on 20 October 2022

admin2022-10-19T05:15:03+00:00

LBank Exchange, a global digital asset trading platform, will list Spectre Chain (SPC) on October 20, 2022. For all users of LBank Exchange, the SPC/USDT trading pair will be officially available for trading at 3:00 UTC on October 20, 2022. As a high-efficiency and energy-saving public chain, Spectre Chain (SPC) is ultra-fast and powerful for everyone to use, with the ability to be compatible with smart contracts and support high-performance transactions. Its native token SPC will be listed on LBank...

Bitcoin Whale Supply At 3-Year Low But Small Address Accumulate

admin2022-10-19T04:33:00+00:00

After showing some volatility last week, the world’s largest cryptocurrency Bitcoin has maintained a steady position at around $19,200 levels. The recent BTC price movement has confused investors as to in which direction it will swing next. On-chain data also shows an interesting exchange of hands between the whales and the smaller addresses. Crypto analytics platform Santiment explains that BTC whales are holding the lowest supply in the last three years. At the same time, the BTC supply with small...

Here’s what LUNC holders can expect from this key support level

admin2022-10-19T02:30:19+00:00

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra classic saw an expected reversal from its six-week trendline resistance, can it find reliable rebounding grounds? LUNC’s Social Dominance witnessed a downtrend.   Terra classic’s [LUNC] late-August recovery set the foundation for a solid bull run that pushed the alt toward its ATH post the alt’s rebranding. Here’s AMBCrypto’s price prediction for Terra Classic [LUNC] for 2023-24 This bull phase aided LUNC in recording an over...