The Bitcoin Network Value to Transactions (NVT) Golden Cross has plunged to a two-month low, signaling a potential bottom for BTC's price. The NVT Golden Cross compares the short-term and long-term trends of the NVT Ratio, which gauges the relationship between Bitcoin's market cap and transaction volume. When the NVT Golden Cross is high, it suggests the asset may be overvalued, while low values indicate undervaluation and potential for a bullish rebound. The NVT Golden Cross has recently entered a historically undervalued zone below -1.6, which has often coincided with BTC price bottoms. The indicator's current value of -2.21 is the lowest in 60 days. Historically, this undervalued zone has preceded bullish outcomes for Bitcoin. While BTC's price is currently sideways, the NVT Golden Cross's plunge into the undervalued region suggests that a price bottom may be approaching, if not already reached.

Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting 929 exahash per second (EH/s), a horsepower figure that illustrates just how fiercely miners are competing to add the next block. Miners Power Up: Bitcoin Network Reaches Record 929 EH/s Bitcoin’s hashrate surged roughly 3 […]

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.

Maestro has released Symphony, the first audited, open-source bitcoin indexer that offers enterprise-grade performance and security for layer two solutions. Designed for Large-Scale Applications Bitcoin finance infrastructure provider Maestro has announced the open-source release of an audited bitcoin indexer. Known as Symphony, the indexer is expected to accelerate the development and adoption of sophisticated financial […]

Bitcoin's price has remained relatively stable, hovering around $104,300 with minor fluctuations. Despite the price stagnation, on-chain activity shows significant growth and increased participation. A surge in new wallet creation, reaching levels not seen since late 2023, indicates a rising user base. Simultaneously, the volume of Bitcoin changing hands has spiked, signaling active trading and network utilization. Data reveals that large Bitcoin holders, often referred to as "whales," have significantly increased their holdings. Mid-tier investors, holding between 10 and 10,000 BTC, have also been accumulating Bitcoin at a steady pace. This combined accumulation by large and mid-tier holders reduces the available supply on exchanges. The reduced supply, coupled with growing demand, could potentially exert upward pressure on Bitcoin's price. Increased coin movement usually aligns with amplified user engagement, reflecting network activity. These trends suggest a growing underlying interest in Bitcoin, even amidst price stability. The increased accumulation from various investor levels highlights potential bullish sentiment in the market.

Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.com News, the integration allows Arbitrum One, an L2 network on Ethereum, to function as a hybrid rollup that leverages both Bitcoin’s security […]

Bitcoin's price recently plummeted below $80,000, marking a significant drop. This decline reflects broader market challenges with limited signs of immediate recovery. Analysis of UTXO Realized Price Age Distribution reveals shifting investor behavior. Historically, 1-3 month realized price levels acted as support, but these have now fallen below typical thresholds. The next potential support lies in the 3-6 month range, around $75,875. Meanwhile, the Bitcoin Network Value to Transactions (NVT) Golden Cross metric indicates oversold conditions. The NVT value is currently below -2.4, historically associated with market bottoms. A rebound from this oversold zone might encounter resistance at the 111-day moving average, around $96,895. This analysis provides insights into potential support and resistance levels during the current downturn. The overall market situation remains uncertain, but these indicators offer a framework for investors.

The Bitcoin Network Activity Index has recently declined into the bear market zone, indicating a decrease in demand for using the network. The index tracks activity-related indicators like transaction count and active addresses to gauge the situation on the blockchain. The metric has been sharply moving down since reaching a peak last year, implying waning demand. A surge in user activity is necessary for a sustainable price move, so a decrease in the index is considered a bad sign. The trend in network activity has entered a "bear phase", which has historically accompanied bear markets. However, there was an exception in the second half of the 2021 bull run, where the index signaled a bear phase despite the price rally. This suggests that the run was unlikely to last, and the price couldn't reach a higher top. Despite the bear signal, Bitcoin still witnessed a notable period of bullish momentum in 2021. The latest red signal could indicate a bear market, but it could also be a buying opportunity. Meanwhile, the combined market cap has reached an all-time high, which could be a bullish sign for the sector.

The Bitcoin Network Value to Transactions (NVT) Golden Cross is being analyzed despite Bitcoin's recent all-time high (ATH). The NVT Ratio tracks the relationship between Bitcoin's market cap and transaction volume, indicating potential overvaluation or undervaluation. The NVT Golden Cross, a derivative, uses moving averages of the NVT Ratio to signal potential tops or bottoms. Currently, the Bitcoin NVT Golden Cross is rising, reflecting the cryptocurrency's price surge. The indicator is currently at 1.5, with historically significant zones at 2.2 (top) and -1.6 (bottom). The analysis suggests that the NVT Golden Cross hasn't entered the red zone (overbought), potentially indicating the asset isn’t overheated. This implies that Bitcoin’s price may have room for further growth. The study suggests that even with a new ATH, Bitcoin might not be overly expensive. Bitcoin recently reached a new ATH, hitting $109,400. The analysis indicates that the current NVT Golden Cross level suggests that the rally could continue.

The history of cryptocurrency officially began with the release of a whitepaper in 2008 “Bitcoin: A Peer-to-Peer Electronic Cash System” by Satoshi Nakamoto.

A single missing feature in Bitcoin Script has spawned twelve competing proposals. Cointelegraph Research gives an overview.

A single missing feature in Bitcoin Script has spawned twelve competing proposals. Cointelegraph Research gives an overview.

Bitcoin’s mining difficulty eased this week, declining 2.43% from the prior target and settling at 135.59 trillion. This adjustment comes on the heels of the previous epoch’s 3.87% increase and marks the fifth downward revision recorded this year. Key Takeaways: Bitcoin difficulty fell 2.43% to 135.59T on April 17, 2026, easing mining conditions. Hashrateindex.com shows […]

The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.

Although the network’s mining difficulty cranked up 4.63% just four days ago, that bump barely ruffled the miners. The machines kept churning with wild devotion, and the protocol’s horsepower blasted its way to a shiny new all-time high of 1,091 exahash per second (EH/s). Miners Push Bitcoin Network to All-Time High Hashrate of 1.091 Zettahash […]

Bitcoin's price experienced volatility, starting the week below $115,000 but briefly reaching $118,000. The price has since retreated, currently hovering around its initial weekly level. Positive on-chain data suggests a potential for future price increases. CryptoQuant analyst CryptoOnchain noted a surge in Bitcoin network activity. The transaction count, measured by its 14-day Simple Moving Average, reached a high of 540,000, a 2025 peak. Increased transaction activity usually signifies rising demand and network usage. This bullish trend is supported by protocols like Bitcoin Ordinals and Runes. A "bullish convergence" between network activity and price movements has been observed. This convergence suggests the current rally is not based on pure speculation. Further price momentum will depend on the continuation of high on-chain activity, which should be closely monitored.

The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.