Bitcoin buy-to-sell ratio has skyrocketed

Bitcoin buy-to-sell ratio has skyrocketed

The coefficient estimating the ratio of purchases to sales for bitcoin has risen sharply on several major exchanges at once. This indicates renewed bullishness near the $29,000 area. According to South Korean analytics platform CryptoQuant, by Aug. 1, ByBit had...
Blockstream CEO Predicts Bitcoin at $100,000 Before Halving

Blockstream CEO Predicts Bitcoin at $100,000 Before Halving

Crypto industry pioneer and Blockstream CEO Adam Back bet one million satoshis (0.01 BTC) that the price of bitcoin will reach $100,000 before the halving. Back agreed to a bet with an X (formerly Twitter) user named Vikingo. According to the latter, digital gold...