[Mar 6, 2023 4:26 PM] BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
[Mar 6, 2023 4:00 PM] Bitcoin (BTC) bulls have withstood the selling pressure that pushed the price below $23,000 last week. As BTC holds above the previous trench of $22,000, there’s another concern for the bulls as the days go by. Mt. Gox payments are…
[Mar 6, 2023 3:30 PM] Stock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take.
[Mar 6, 2023 1:30 PM] The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a…
[Mar 6, 2023 1:30 PM] On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an…
[Mar 6, 2023 11:30 AM] In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin…
[Mar 6, 2023 9:47 AM] It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8.
[Mar 6, 2023 8:20 AM] On-chain data shows exchanges have observed large stablecoin inflows recently. Here’s what this may mean for the price of Bitcoin. Stablecoin Exchange Netflow Has Shown A Positive Spike Recently As pointed out by an analyst in a CryptoQuant…
[Mar 6, 2023 7:30 AM] Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also…
[Mar 6, 2023 6:10 AM] The Bitcoin price is currently at an inflection point. While some analysts are predicting another price drop towards $20,000 or even lower, other analysts are currently talking about a buying opportunity. In this article, we have compiled the…
[Mar 6, 2023 3:47 AM] BTC price keeps traders and analysts in the dark as a week of macro triggers dawns, while Bitcoin network fundamentals plan new all-time highs.
[Mar 5, 2023 9:13 PM] Bitcoin price found support near $22,000 and started a consolidation phase. BTC is trading in a range and facing many hurdles near $22,600. Bitcoin is struggling to gain pace for a move above the $22,800 resistance zone. The price is trading below…
[Mar 5, 2023 12:30 PM] Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past…
[Mar 5, 2023 7:55 AM] Bitcoin bulls have a lot to do preserve newly-won support, but failure to do so could still see a BTC price cascade below $20,000, research warns.
[Mar 4, 2023 11:00 AM] As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion…
[Mar 4, 2023 7:30 AM] Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices plunged to a two-week low in yesterday’s session, however sentiment has somewhat shifted. Ethereum also…
[Mar 4, 2023 5:53 AM] Galaxy Digital’s research unit believes that Bitcoin NFT marketplace will grow to a $4.5 billion market cap. From their projections, these growth figures will emerge by March 2025. NFTs have become increasingly popular across several blockchains…
[Mar 4, 2023 4:18 AM] Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room.
[Mar 3, 2023 8:57 PM] Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum.
[Mar 3, 2023 4:30 PM] On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as…
[Mar 3, 2023 2:00 PM] According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin…
[Mar 3, 2023 1:15 PM] Concerning news from Silvergate Bank and FTX may have influenced investors’ decision to press the sell button, but the potential for further downside could be limited.
[Mar 3, 2023 11:30 AM] On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline…
[Mar 3, 2023 9:30 AM] Crypto assets such as Bitcoin and Ethereum have always been known to be impacted by the news, and the latest news today that resulted in a plummet in the market is the Silvergate fallout. This news has caused a sharp decline in two of the largest…
[Mar 3, 2023 8:30 AM] Over the last 24 hours, Bitcoin has seen a drastic decline in price. The digital asset’s value fell by over $1,200 in the space of one hour, dragging it back down to the $21,000 territory for the first time in almost one month. As a result…
[Mar 3, 2023 7:30 AM] Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt…
[Mar 3, 2023 6:15 AM] Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar.
[Mar 3, 2023 5:35 AM] Bitcoin saw its biggest long squeeze in four months at the start of the trading day in Hong Kong today, which briefly sent the price below $22,000. Within the last 24 hours, a total of over $73 million in longs were liquidated, and over $200…
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