Bitcoin Price Could Reach $100,000 In 1-2 Weeks — Blockchain Firm Explains How
The Bitcoin price action has been quite outstanding going into the weekend, reflecting the positive market climate over the past week. According to blockchain analytics firm Santiment, here’s how different groups of investors and market participants are reacting to the recent bullish momentum and how it could impact price over the coming weeks. Can BTC […]
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Bitcoin has done it again. In just a matter of days, the world’s favorite virtual currency has shot up in price by another $40 USD and is now hovering at around the $579 USD range at press time. Bitcoin Continues to Rise. As several fans and analysts proclaim, this rally is undoubtedly huge, and could likely spark a whole new era for bitcoin and digital currency. We are now just around the corner from $600 USD, and many feel that bitcoin could easily reach $680 USD within the coming weeks. Initial reports claim that 2016 is fast becoming “bitcoin’s year.” According to blockchain.info, the....
One of the largest Bitcoin miners in China has suggested that the price of Bitcoin could reach $10,000 or even as high as $1 mln. Speaking to ether.camp at the Clare Hall of the University of Cambridge, on the sideline of the Internet-of-Value: Digitising Social Conscience - roundtable debate, Chandler Guo emphasised that all an individual needs to do is invest in just one Bitcoin - as most people don’t invest in it and yet they want to know more about proof of work, how the Blockchain works, why do blocks require 10 minutes, etc. Guo says in the Youtube video: “But finally, I tell them,....
Like the general crypto market, the price of Solana (SOL) witnessed significant growth over the past week. According to the latest on-chain data, this might only be the beginning for SOL’s price, with several indications of further upside potential for the altcoin. What’s Behind Solana’s Recent Price Climb? In a new report, blockchain intelligence firm Santiment offered insight into the recent price of Solana. According to the analytics platform, the price of SOL has swung upward by more than 33% since the 4th of July, rewarding investors who continued to bet big on it despite the sluggish....
Ernst & Young (EY), the third largest multinational professional services firm, believes blockchain technology is poised for critical mass. In its latest report, “Blockchain Reaction: Tech companies plan for critical mass,” the company explains how tech firms will experience impact through the blockchain’s “potential-rich, but still immature,....
According to a CryptoQuant analyst, the Bitcoin price top isn’t in yet if the pattern of past bull cycles holds any weight. Bitcoin Might Reach A New ATH In This Cycle As per a CryptoQuant post, it’s possible that Bitcoin hasn’t yet reached the cycle top, and that a new all time high (ATH) might be achieved soon. There are two ways to define a cycle. The first is to make the initial point the BTC halving. Here is a chart that shows how the price of the coin moved in the 2012, 2016, and 2020 bull cycles based on this criterion: Price vs the number of days after halving in....