Bitcoin price target is $120K, says analyst as key metric flips bullish

On-chain transactions on the bitcoin (BTC) network hit fresh highs not seen since 2017 in April, industry newsletter Diar noted on April 30, quoting blockchain data provider TokenAnalyst.Continuing a trend that had already started at the end of March, on-chain transaction volume hit a 14-month high in April. This, Diar notes, is similar to the…

For crypto enthusiasts, choosing a location to live in that supports an ideal lifestyle extends beyond searching for a city with a high number of shops and retail outlets that accept crypto. Sure, any crypto enthusiast will benefit from living in an area with easy access to crypto-related amenities. However, as the world of crypto evolves…

Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBets that $20,000 will fail as support increaseData from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on renewed optimism as markets began trading.The atmosphere was…

A record "organic" price valuation based on long-term investors paves the way for uncharted price territory for Bitcoin, the statistician says. Bitcoin (BTC) has already hit an all-time high this week, according to one price measurement from popular statistician Willy Woo.In a series of tweets on Oct. 27, Woo added to his recent bullish prognoses…

The Free TON–Dune Network merger represents one of the first decentralized M&A deals. 733 Total views 5 Total shares Free TON, a community-driven blockchain promoting decentralized self-governance and freedom of speech, has acquired Dune Network through a community merger mechanism that was recently approved by both camps.An amended Dune community partnership proposal filed in January…

Major Ethereum (ETH) blockchain startup and incubator ConsenSys plans to streamline and toughen its business style amid an increasingly “crowded” competitive blockchain space. The shift in strategy was reported by online tech journal Breaker on Dec. 3.Breaker cites a letter to staff from ConsenSys CEO and Ethereum co-founder Joseph Lubin, reportedly sent late last Friday…

A giant repositioning since December 2017 is about to come to a close, claims Positive Crypto, leading to new price all-time highs. 7608 Total views 103 Total shares Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start.That is the opinion of…

Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.

It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021.The name change reflected the company’s growing ambitions to transcend past social media and into the world of Web3, crypto, NFTs, and the Metaverse — virtual worlds where consumers are likely to spend…