[Oct 22 1:16 PM] Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
[Oct 22 12:27 PM] With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase…
[Oct 22 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Oct 22 12:00 PM] Crypto analyst Miles Deutscher, boasting 550,000 followers on X, has released a new video titled “My Plan To Make Millions In Crypto By March 2025! [Fool Proof Strategy].” In this analysis, Deutscher outlines his strategic approach to navigating…
[Oct 22 10:30 AM] On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new post on X, analyst Ali Martinez has…
[Oct 22 9:00 AM] Bitcoin has recently seen an uptick in retail investor activity following months of subdued participation, according to a report by CryptoQuant analyst caueconomy. The analyst highlighted this in a post on the CryptoQuant QuickTake platform…
[Oct 22 7:00 AM] Fantom (FTM) registered a remarkable performance over the past 24 hours, attempting to break above a crucial horizontal level. Some market watchers forecasted a 345% surge before the year’s end but set the key levels to reclaim before FTM’s new…
[Oct 22 6:00 AM] Since July 29, the Bitcoin price has been struggling to regain the $70,000 mark, which has proven to be a formidable resistance barrier for the leading cryptocurrency. This resistance has been in place for the last two quarters of the year, after…
[Oct 22 2:45 AM] Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level. Bitcoin struggled to test the $70,000 resistance zone and corrected some gains. The price is trading below $68,500…
[Oct 22 1:30 AM] The latest weekly digital asset fund flow report from CoinShares has revealed that last week, crypto asset investment products saw roughly $2.2 billion in net inflows globally, marking the largest inflow since July. This rise in inflows comes amid…
[Oct 22 12:00 AM] Alan Santana, a crypto analyst on TradingView, has predicted that the Bitcoin price could potentially experience a drastic decline to new lows around $35,720, driven by muted buying volume. The analyst has declared that the current state of the…
[Oct 21 10:30 PM] Stacks Network, the Bitcoin layer-2, is one of the largest DeFi protocols on the world’s most secure platform. DeFiLlama says the platform manages over $109 million worth of assets. It continues to expand and improve as decentralized…
[Oct 21 6:31 PM] Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical…
[Oct 21 4:37 PM] Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of dubious claims about Bitcoin.The notions that…
[Oct 21 4:30 PM] On-chain data shows the Bitcoin miners have been making an unusually high number of transactions to centralized exchanges recently. Bitcoin Miner To Exchange Transactions Metric Has Just Seen A Spike As pointed out by CryptoQuant author IT Tech in…
[Oct 21 3:50 PM] On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the speculation…
[Oct 21 1:51 PM] In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research…
[Oct 21 1:30 PM] Several investing strategies have emerged as Bitcoin and crypto continue to grow in value and expand their use cases. For many, the investing thesis focuses on Bitcoin and Ethereum, two of the biggest cryptos by market cap. Others value finding the…
[Oct 21 1:05 PM] CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US.
[Oct 21 12:30 PM] On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from…
[Oct 21 12:02 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Oct 21 12:00 PM] In an analysis shared on X, crypto analyst Patric H. from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week. “How can anyone be bearish here?! BTC broke the weekly downtrend…
[Oct 21 10:47 AM] Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts.
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