Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD.
Category: Market Analysis
Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022
The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions.
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin.
3 reasons why Near Protocol (NEAR) just hit a new all-time high
NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth.
BTC ‘likely’ to repeat Q4 2020 move — 5 things to watch in Bitcoin this week
Bitcoin price action has yet to impress in 2022, but bets are stacking up that things will soon get interesting again.
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Derivatives data suggests that, sentiment-wise, pro traders are still neutral on Bitcoin’s price prospects ahead of Friday’s $750 million options expiry.
Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
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The expanding Cosmos: Here’s why Osmosis (OSMO) hit a new all-time high
Aggregate trading volumes and TVL in the Cosmos ecosystem are lifting the same metrics at Osmosis DEX, resulting in OSMO price hitting new all-time highs.
Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies
ANY, KP3R and WEMIX lead Jan. 12’s altcoin charge after BTC price broke out of range higher with a surge to $44,000.
Traders say Bitcoin run to $44K may be a relief bounce, citing a repeat of December’s ‘nuke’
A sense of foreboding characterizes the market even after inflation data sparks solid intraday gains for BTC/USD.