[ad_1] Institutional crypto firm ETC Group, in its annual report, discussed a bullish outlook for the ether-bitcoin ratio and explained that despite 2023’s inscriptions-led boom in Bitcoin’s network activity, Ethereum remains the dominant chain for building decentralized applications, NFTs, and tokenized assets. [ad_2] Source link
[ad_1] Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.” [ad_2] Source link
[ad_1] The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24. [ad_2] Source link
[ad_1] Bitcoin price extended its decline below the $41,450 support zone. BTC is showing bearish signs and might struggle to stay above the $40,000 support zone. Bitcoin price is gaining bearish momentum below the $42,500 zone. The price is trading below $42,000 and the 100 hourly Simple moving average. There is a key bearish trend … Read more
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[ad_1] The Bitcoin price has been moving steadily at its current but failed to meet general expectations. Following the approval of the spot Bitcoin Exchange Traded Funds (ETFs), market participants were expecting potential scenarios. In these potential scenarios, Bitcoin pushed through critical resistance at $48,000 and continued making new highs, or the cryptocurrency retraced to … Read more