“Most Profitable Buy Signal” Triggers As Bitcoin Consolidates Below ATH
Bitcoin is the best investment of 2020, up more than 150% year-to-date during a year filled with more uncertainty than ever before. That same uncertainty has helped bring the cryptocurrency back to prices near $20,000. And rather than rejection and bear market this time around, Bitcoin’s most profitable buy signal ever has just triggered, suggesting […]
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Welcome to the first episode of NewsBTC’s all-new daily technical analysis videos. In the first episode, we are looking at Bitcoin price action using the weekly BTCUSD price chart. Specifically, this episode looks at Bitcoin’s “most profitable buy signal” in its entire history: the hash ribbons. In addition, we analyze weekly momentum using the logarithmic MACD to try to understand if a bottom could be in. Take a look at the video below. VIDEO: Bitcoin Price Analysis (BTCUSD): August 22, 2022 All About The Hash Ribbons The Hash Ribbons were created by Bitcoin....
Jehudi Castro Sierra, Advisor To Iván Duque Márquez, The President of Colombia, Calls Bitcoin The “Most Brilliant Piece Of Software Ever”
Bitcoin price this week set a new all-time high price record, taking the leading cryptocurrency by market cap to right below $20,000 before a minor pullback began. And while there is always a possibility that the asset could see a stronger correction given how overheated it is and how profitable the year of 2020 has been, one indicator is pointing to significant upside from here instead. In fact, the cryptocurrency’s most profitable buy signal ever […]
Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, as the top miner raked in $79.53 per day in profits. Today’s top mining rig, with Ethereum out of the picture, accrues roughly $69.41 per day mining kadena. Today’s Top 7 Mineable PoW Algorithms Include Kadena,....
According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz assign each country a score in terms of the most profitable bitcoin trading by country.
Researchers Rank the Best Bitcoin Trading Nations and the Most Profitable Bitcoin Traders by Country
This week, invezz.com researchers published a study that looks at the most profitable bitcoin traders by country by....