Bitcoin has once again cleared expectations for the month of October. The price of the digital asset had grown from its $40K lows to over $57K at the time of this writing. Its recovery trends have put it on a path of least resistance towards the previous $64K all-time high. But on-chain metrics have shown … Read moreNumber Of Bitcoin Active Entities Grows 19% To Hit 2020 Bull Levels, Set Up For New Highs?
Bitcoin’s rally looks to have legs as the ascent is backed by a pickup in blockchain activity and a long-term technical indicator which is about to turn bullish. While bitcoin has gained 30% this month, the user activity on the network, as measured by the seven-day average of the number of active entities, has increased … Read moreBitcoin Eyes $60K as Active Entities Surge, Price Chart Shows Impending Bull Cross