Investors who purchased Bitcoin in 2019 are back in profit, according to data analyzed by Glassnode and CryptoSlate. The average acquisition price can be derived by tracking exchange data and aligning the price of Bitcoin with the time of withdrawals. The below chart illustrates the average acquisition price of Bitcoin since its inception.

The price of Bitcoin rose above $23,500 at 4 p.m. UTC on Jan. 29. That value brought the asset’s market cap above $452 trillion. The change represents a price increase of 3.65% over 24 hours. It also represents a 5.3% increase from the asset’s lowest value today ($22,157). Bitcoin’s price gained nearly $1,350 by that measure.

Bitcoin hashrate is becoming highly centralized, with a few mining pools controlling most of the blockchain mining power. The latest data from Mempool indicates that 50% of the total hashrate is held by Foundry USA and Antpool.

Bitcoin price hits $23.5K today, after moving sideways near the $23K level for the last 9 days. However, the BTC price fails to hold the level and fell back to $23.3K. Legendary trader Peter Brandt has shared his prediction on Bitcoin price for a few days as Bitcoin enters a crucial week with the Fed rate hike decision and tech giants’ quarterly earnings.

Blockchain is commonly associated with Bitcoin and cryptocurrency and while that’s not wrong, there’s a lot more to the tech than digital currency. To get into it, we’re going to break down the three blockchain generations and how the technology is evolving.

Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed.

Despite failing to overcome $23,500 once again in the past 24 hours, BTC is still slightly in the green today and stands above $23,000.

The crypto strategist who nailed Bitcoin’s May 2021 collapse says BTC is flashing signals that suggest the king crypto is setting up for a massive move to the upside.

A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. Furthermore, 65% of institutional investors surveyed agree bitcoin could still hit $100,000 in the long term. Among them, 58% expect BTC to reach this price level within three to five years while 25% say it would take five or more years.

South African digital asset investors can now file complaints with virtual asset service providers (VASPs) with the country’s financial dispute resolution office.