Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak on Nov. 21, reaching 776 exahash per second (EH/s) for the very first time. Bitcoin’s Computational Power Hits Stratospheric Levels On Thursday, bitcoin (BTC) soared to a fresh all-time high, hitting $ 99,121 per …
Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges
Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $ 62.9 …
Lucky Block Price Prediction 2024-2030: Growth Forecast and Key Market Drivers
Lucky Block (LBLOCK) has grown popular as a decentralized lottery and gaming platform, leveraging blockchain technology for fairer, more transparent lottery draws. As a unique player in the cryptocurrency market, Lucky Block’s potential for growth is rooted in its appeal among crypto-enthusiasts looking for innovative DeFi applications. So, what are Lucky Block’s price predictions for […]
Bitcoin Closes in on Price Peak – $69K Resistance in Sight
On Friday, bitcoin reached its highest price since late July, coming within just $ 2 of breaking through the $ 69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $ 2.35 trillion, reflecting a 2.63% rise over …
Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price Surge
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $ 67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand …