This metric suggests Bitcoin price can go as high as $590K this bull run
Net Unrealized Profit/Loss returns to levels that in the past have triggered giant Bitcoin price rises, Glassnode notes. Source: https://cointelegraph.com/rss
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Ethereum flips Bitcoin’s node count
A surge of validators awaiting Eth2 staking has pushed Ethereum’s node count to 11,259 — surpassing Bitcoin by more than 100. Source: https://cointelegraph.com/rss
Bitmex parent 100x appoints German stock exchange exec as new CEO
Amid ongoing legal action from U.S. authorities, the company behind Bitmex — 100x — has announced a new CEO. Source: https://cointelegraph.com/rss
Authorities shut off electricity to Bitcoin miners in China’s Yunnan province
Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines. Source: https://cointelegraph.com/rss
4 key indicators reflect extreme optimism from pro Bitcoin traders
Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800. Source: https://cointelegraph.com/rss