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Bitcoin Breaks Above $24,000 As Stablecoin Inflows Explode
[Feb 16, 2023 8:25 AM] Bitcoin has broken above $24,000 in the last 24 hours as on-chain data shows a sharp spike in the stablecoin exchange inflows. Stablecoin Exchange Inflows Have Been Elevated Recently As pointed out by an analyst in a CryptoQuant post, there is…
Bitcoin, Ethereum Technical Analysis: BTC Nears $25,000, Whilst ETH Hits $1,700
[Feb 16, 2023 7:30 AM] Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several…
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
Bitcoin Price Soars 11%, Here Are The Reasons
[Feb 16, 2023 2:55 AM] The Bitcoin bulls are back for good. The BTC price has risen by about 11% in the last 24 hours. At one point, Bitcoin reached a price of $24,789 and took a breather just before the August 15, 2022 high at $25,195. The rally is likely to have caught…
Bitcoin Price Surges To $25K, Dips Turn Attractive In Medium-term
[Feb 15, 2023 9:10 PM] Bitcoin price surged over 10% and cleared the $24,000 resistance. BTC traded close to $25,000 and remains supported for more gains in the near term. Bitcoin is gaining pace above the $23,500 and $24,000 resistance levels. The price is trading above…
Data Shows Stablecoin War Heating Up Amid Regulatory Crackdown
[Feb 15, 2023 4:35 PM] The Securities Exchange Commission (SEC) continues to pursue its regulatory policy toward the crypto industry. In the process, the regulator contributed to the so-called stablecoin war, which intensified. Paxos’ decision to stop minting new…
Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure
[Feb 15, 2023 3:30 PM] According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow…
Price analysis 2/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
[Feb 15, 2023 2:10 PM] Bitcoin and select altcoins have rebounded sharply off their support levels, a possible sign that traders are buying the recent dip in the market.
Is The Biden Administration Behind Attack On Crypto?
[Feb 15, 2023 2:08 PM] The attack on crypto projects is sanctioned from the very top of the Biden administration, a source who didn’t want to be named has said. The Biden Administration Sanctioned The Attack On Crypto Talking to crypto podcaster Tony Edwards, host of…
SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
[Feb 15, 2023 1:02 PM] Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.
Here Are 3 Factors That Could Drive Bitcoin Higher Than Ethereum
[Feb 15, 2023 11:55 AM] Bitcoin has been rallying over the past week on the back of a decline in inflation and an apparent improvement in macroeconomic conditions. According to a recent report, the cryptocurrency has been on an uptrend since the beginning of 2022 and…
Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures
[Feb 15, 2023 11:00 AM] Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global…
Bitcoin price eyes $23K despite US dollar strength hitting 6-week high
[Feb 15, 2023 9:55 AM] The U.S. dollar index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report
[Feb 15, 2023 8:00 AM] Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at…
Quant Explains How Bitcoin Derivatives Data Can Be Used For Trading
[Feb 15, 2023 6:30 AM] A quant has explained how the data of the Bitcoin derivatives indicators like open interest and liquidations can be leveraged as a short-term trading tool. Bitcoin Derivatives Market Data As A Short-Term Trading Tool As explained by an analyst in a…
Bitcoin eyeing 'next big move' which could see $19K retest — analyst
[Feb 15, 2023 3:22 AM] It's decision time for BTC price action in a range which could also see a trip to $28,000, popular trader Skew believes.
Bitcoin Price Gearing For Lift-Off to $23K But This Level Is The Key
[Feb 14, 2023 9:20 PM] Bitcoin price is attempting an upside correction above the $22,000 resistance. BTC must clear $22,350 and $22,400 to continue higher in the near term. Bitcoin is slowly moving higher above the $21,800 and $22,000 levels. The price is trading above…
Forget The Moon: Bitcoin Could Target The “Cloud” At $40K
[Feb 14, 2023 5:38 PM] Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs. But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD…
Is Bitcoin Entering Into A New Bull Run? Pantera Capital Weighs In
[Feb 14, 2023 2:00 PM] After the recently released inflation data, Bitcoin has reacted positively to the upside. Market participants expected an inflation rate of 6.2%, but the US government reported an inflation rate of 6.4%. Pantera Capital looks at Bitcoin’s…
Bitcoin price returns to $22K despite 'least volatile' US CPI reaction
[Feb 14, 2023 9:16 AM] Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations.
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report
Here’s What’s Needed For The Bitcoin Rally To Resume
[Feb 14, 2023 6:02 AM] Here’s what the current Bitcoin rally might require for a resumption based on the trend that a similar rally back in April 2019 followed. Bitcoin Accumulation Trend Score Has Declined Recently As per the latest weekly report from Glassnode…
Out of the Ordinal-ry: Bitcoin average block size hits all-time high
[Feb 14, 2023 4:29 AM] Bitcoin’s average block size has hit an all-time high of 2.5MB following the creation of the Ordinals protocol in January 2023.
Bitcoin price targets range from $19K to $25K as CPI day dawns
[Feb 14, 2023 3:44 AM] It's all about macroeconomic data this Valentine's Day as Bitcoin bulls face a test from a familiar source.
Bitcoin miners already made nearly $600K from Ordinals' NFT transactions
[Feb 14, 2023 2:28 AM] The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space.
Here’s How To Trade Today’s CPI In Bitcoin And Crypto
[Feb 14, 2023 2:02 AM] Amid news and rumors of a harsh crackdown of the crypto sector by U.S. authorities, the Bitcoin and crypto market is facing a crucial turning point today with the release of the U.S. Consumer Price Index (CPI) for January 2023. The release by the…
Crypto Investors Brace For CPI Report On Valentine’s Day – Will The Figures Be In Their Favor?
[Feb 13, 2023 11:10 PM] Last month’s crypto market rally was caused in part by optimistic investors with positive sentiment in the broader financial market. Crypto isn’t the only market that rallied, stocks experienced a surge as well with major indices showing gains…
Bitcoin Price Consolidates Below $22K and At Risk of Sharp Decline
[Feb 13, 2023 9:27 PM] Bitcoin price is consolidating below the $22,000 resistance. BTC could decline heavily if there is a daily close below the $21,500 support. Bitcoin is showing a few negative signs below the $22,000 resistance. The price is trading below $22,000 and…
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
[Feb 13, 2023 5:30 PM] Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy…