Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

    Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk…

    Why is Bitcoin price stuck?

    Bitcoin price is stuck today, but several data points suggest it won’t be for too much longer The price of Bitcoin is stuck, fluctuating inside a narrow trading range with futures markets remaining flat nearing all-time lows. Why is Bitcoin price stuck? Bitcoin price is going through an unusually calm period, with several volatility indicators reaching…

    Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?

    Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory? Optimism is a layer-2 scaling solution that operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive…

    Worldcoin stuck after 70% drop from peak — More downside for WLD price?

    WLD price may get anchored to $2 until October, primarily due to its initial supply distribution. The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges. On July 29, the WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50….

    Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin

    Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin. Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term…

    Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low

    On-chain data and ETH price charts are beginning to hint at a possible rally to $3,000. thereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance between…