On-Chain Data Tips Bitcoin To Peak At $120,000 – But On This Condition
Bitcoin prices have registered impressive gains in recent weeks amidst an ongoing price rebound. Since dipping below the $75,000 mark in mid-April, the asset’s price has jumped by over 37.5% to trade as high as $105,490. While the BTC market appears to be cooling off, renowned crypto analyst Ali Martinez has tipped the premier cryptocurrency to hit a market top of $120,000 before the current bull cycle runs out. Related Reading: Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now CVDD Metrics Hint At $120k Peak, But Only If $90k Support Holds The Cumulative....
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On-chain data shows Bitcoin is currently not satisfying a condition that has historically occurred alongside major bottoms in the price. Bitcoin Supply In Profit Is Still Greater Than Supply In Loss In a new post on X, James V. Straten, a research and data analyst, has pointed out how BTC isn’t fulfilling the bottom condition for the supply in profit and loss metrics. The “supply in profit” here naturally refers to the total amount of Bitcoin supply currently carrying an unrealized profit. Similarly, the “supply in loss” keeps track of the number of underwater....
Social media platform Twitter has expanded its Bitcoin Lightning Tips feature for Android users. Launched in September 2021 for iOS only, the feature allows users to set up a BTC Lightning address to receive tips from their followers. Related Reading | Why Hillary Clinton Thinks Bitcoin Undermines The U.S. Dollar As Bitcoinist reported a month ago, […]
ChangeTip, the bitcoin based microtipping platform has now come up with an option that will help the souls who receive tips to convert it into actual real life physical goods. That's great news for all ChangeTip users who have been receiving tips for all the great things they do. ChangeTip has partnered with Gyft to allow its users covert their digital currency tips into gift cards which they can use to buy stuff either from brick and mortar or online stores. Gyft is a leading rewards and loyalty program management company that also allows people to buy, redeem and manage their gift cards.....
Twitter has begun rolling out “Tips,” a feature that allows users to send bitcoin or cash tips. The rollout begins with iOS users with Android coming soon. The company is also planning support for non-fungible token (NFT) authentication.
Twitter Rolls Out ‘Tips’ With Bitcoin
Twitter Inc. announced Thursday that it is rolling out the bitcoin tipping feature starting with iOS users. The company tweeted: “Tested the Tips feature, turns out people love money. Rolling out on iOS with Android coming soon.” Twitter described:
Tips allows....
Bitcoin Tips @ Starbucks in Torrance #bitcoin pic.twitter.com/alGm59C58a. - Bit (@BitVenice) January 7, 2014. Here's an interesting tweet I stumbled upon. Seems that there's a Starbucks in Torrance, California that accepts Bitcoin tips. Whether or not the store accepts Bitcoin for the actual purchase is unknown, but it's unlikely since that would probably have to be approved by Starbucks' corporate headquarters. Regardless, it's pretty cool, and it's great to see more places accepting Bitcoin, especially such well-known places like Starbucks.