While bitcoin’s price has remained above $ 68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $ 1, but two days ago on Oct. 17, the average transfer fee hit a peak of $ 6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), …
Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience
Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $ 61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong …
Ethereum Technical Analysis: ETH Trades Above $2,600 Amid Strong Market Activity
QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles
QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $ 60,000 range after a sharp drop below $ 50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing. QCP Capital Reports Bitcoin’s Resilience Amid …
Brett Price Rises Above $0.1 as Base Dawgz ICO Nears $3M
Investors are going mad for meme coins again, and this time, Brett (BRETT) is benefiting. This Base chain meme coin has soared past the $ 0.10 level this week. Meanwhile, a newer contender, Base Dawgz (DAWGZ), is already building a strong position in its ICO – raising over $ 2.8 million from early …