In the short term, the price of Bitcoin is expected to continue its stability around $42,500. Despite the challenges in the crypto market, such as the hacking incident and uncertainty with Bitcoin spot ETFs, there is still a strong accumulation of BTC coins by investors. This can be seen in the record number of BTC addresses with a non-zero balance, indicating that buyers are willing to increase their volumes.
Latest
Bitcoin News and Forecast for December 17, 2023
By
Henrik Lindqvist — Staff Reporter
About the author · Staff Reporter
Henrik Lindqvist
Henrik Lindqvist is our DeFi and on-chain reporter, splitting his time between Stockholm and London. A former software engineer at Klarna, he switched to journalism in 2021 and has since broken stories on MEV exploits, restaking risks and Layer-2 economics. Henrik writes the BTCNews weekly Layer-2 newsletter and has lectured on blockchain architecture at KTH Royal Institute of Technology.