[May 16, 2023 1:35 AM] The Bitcoin price remains in a crucial situation in which neither the bulls nor the bears have been able to gain the upper hand so far. While the bears feel comfortable that they can push the price below $25,000 due to a perceived head and…
[May 15, 2023 10:00 PM] Bitcoin (BTC) has recently experienced a brief drop below its crucial support level but has quickly rebounded to the current price of $27,300. This has resulted in the return of Call buyers, who are hoping that the level will hold and push the…
[May 15, 2023 9:32 PM] Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the…
[May 15, 2023 9:00 PM] Data shows that Bitcoin active addresses have sharply dropped despite the high transaction demand; here’s why this may be happening. Bitcoin Active Addresses Have Seen A Sharp Plunge Recently According to the latest weekly report from…
[May 15, 2023 8:23 PM] Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction. The price is trading above…
[May 15, 2023 7:30 PM] U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation seeks to examine the…
[May 15, 2023 7:00 PM] The Bitcoin and the altcoins market has since been on a rollercoaster ride over the last few months, with investors looking to make gains at every opportunity, especially with the current trend of the creation of meme coins such as PEPE, AIDOGE…
[May 15, 2023 6:19 PM] There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether.
[May 15, 2023 5:01 PM] Bitcoin price seems to merely be grinding upwards, with a dusting of chop in between. What corrections have arrived have been minimal, and are shockingly similar in both time and price. This fractal behavior could be a sign of an important Elliott…
[May 15, 2023 4:30 PM] In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency…
[May 15, 2023 2:30 PM] Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected…
[May 15, 2023 2:00 PM] Bitcoin began another recovery trend over the weekend and has been on a bullish path since. This follows last week’s incredible bearish movement which saw the digital asset drop below the $26,000 mark for the first time in over a month…
[May 15, 2023 1:20 PM] On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant…
[May 15, 2023 1:04 PM] Bitcoin is showing the strength it needs for continuation higher, says Michaël van de Poppe, after key trend lines are preserved.
[May 15, 2023 12:11 PM] The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
[May 15, 2023 9:00 AM] The price of Bitcoin has risen by 2% over the past 24 hours. After nine consecutive red daily candlesticks, the price of BTC finally posted a green daily candlestick yesterday (Sunday). However, analysts are divided as to whether Bitcoin will now…
[May 15, 2023 8:30 AM] On-chain data shows that Bitcoin miners have continued to sell recently, something that could be bearish for the cryptocurrency’s price. Bitcoin Miners Have Been Shedding Their Reserves Recently As pointed out by an analyst in a CryptoQuant…
[May 15, 2023 8:00 AM] 1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege? Records from the “Top 100 Litecoin Rich List” show that 7,355,585 LTC in circulation worth $639,814,097 are…
[May 15, 2023 7:25 AM] Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the…
[May 15, 2023 7:00 AM] The number of on-chain Ripple (XRP) transactions on the XRPL is down 65% from 2.5 million on March 19 to less than 900,000 on May 14, 2023. XRP Transactions Crashing As of May 14, 2023, 852,000 transactions were processed by the XRPL, a…
[May 15, 2023 6:35 AM] Bitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week. Prices slipped to a two-month low over the weekend, however momentum has marginally shifted. Ethereum was also higher today. Bitcoin Bitcoin…
[May 15, 2023 6:11 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[May 15, 2023 4:30 AM] Data from BitcoinInfoCharts, an analytics platform, shows that there are far more tweets about Bitcoin than Dogecoin despite the spike of meme token activity in the past month. Tweets About Bitcoin Exceed Those Of Dogecoin As of May 14, there were…
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