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Bitcoin Plunges Below $27,000 As Miners Show Signs Of Selling

[May 19, 2023 7:36 AM] Bitcoin has now dipped below the $27,000 level as on-chain data shows the miners have possibly been selling the asset recently. Bitcoin Miner Reserve Has Taken A Sharp Plummet Recently As pointed out by an analyst in a CryptoQuant post, miners have…

Bitcoin Binary CDD Stays Low, Here’s What This Means

[May 18, 2023 12:00 PM] On-chain data shows the Bitcoin Binary Coin Days Destroyed (CDD) has stayed low recently. Here’s what this says about the current market. Bitcoin Binary CDD Has Remained At Very Low Levels Recently According to data from the on-chain…

This Bitcoin Support Line Is Still Active, Bullish Signal?

[May 18, 2023 11:00 AM] On-chain data shows the cost basis of the 1-3 months old Bitcoin investors has continued to provide support to the price recently. Bitcoin Has Once Again Bounced Off This Support Line As pointed out by an analyst in a CryptoQuant post, if this line…

Bitcoin Bullish Signal: Whales Accumulate 84,897 BTC

[May 18, 2023 5:00 AM] On-chain data shows the Bitcoin whales have accumulated 84,897 BTC during the last five weeks, something that could be bullish for the price. Bitcoin Whales Have Been Growing Their Holdings Recently According to data from the on-chain analytics…

EU Council Adopts New Rules for Europe’s Crypto Markets

[May 17, 2023 9:30 PM] The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive…

Bitcoin Price Close Above $28K Could Spark A Fresh Rally

[May 17, 2023 8:05 PM] Bitcoin price is rising above $27,200. BTC might gain bullish momentum if it clears the key $28,000 resistance zone in the coming sessions. Bitcoin is moving higher above the $27,000 and $27,200 levels. The price is trading above $27,000 and the…