Bitcoin Loss Taking Spikes, Why This Could Be Bullish
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls
[Apr 7, 2023 6:30 AM] Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data…
Luxury Brand Ralph Lauren Now Accepting Crypto Payments at Its New Miami Store
[Apr 7, 2023 1:30 AM] The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are…
Bitcoin Price Extends Consolidation, Why Upsides Could be Contained
[Apr 6, 2023 8:57 PM] Bitcoin price started a consolidation phase below the $28,800 resistance. BTC is struggling and might face heavy selling interest above $28,500 and $28,800. Bitcoin is slowly moving lower and trading well below the $28,800 resistance zone. The…
Grayscale Discount Continues To Recover, Good News For Bitcoin?
[Apr 6, 2023 5:00 PM] The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2022 after its sister company Genesis Trading filed for bankruptcy. However, it has seen a better start to the year 2023 as it continues to…
Woes For Bitcoin And Ethereum As Price Weakens, Which Direction Will Prevail?
[Apr 6, 2023 2:00 PM] The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, are slowing down after weeks of trending to the upside. The market seems on the verge of a major move as prices consolidate and move sideways, but what can operate as…
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday
[Apr 6, 2023 7:30 AM] Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum…
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
New Bitcoin Price Model Predicts Fair Price Of At Least $379,823
[Apr 6, 2023 2:45 AM] Raphael Zagury, chief investment officer at Swan Bitcoin, has developed a new BTC pricing model that currently calculates a fair price of $387,823 in a base case. Zagury calls it Schrödinger’s Coin Model and bases the valuation of Bitcoin on…
Bitcoin Price Drops After Rejection at $28,800 Highs: Indicators Remain Bullish
[Apr 5, 2023 9:13 PM] Bitcoin price failed to clear the $28,800 resistance. BTC is correcting gains, but downsides might be limited below the $27,550 support zone. Bitcoin started a downside correction after it failed to clear the $28,800 resistance zone. The price is…
Bitcoin’s whitepaper is apparently hiding in Apple’s modern macOS
[Apr 5, 2023 6:57 PM] Apple’s Mac devices have apparently been hiding Bitcoin’s whitepaper for up to five years.
Bitcoin Older Than 5 Years Abruptly Moves, Bearish Sign?
[Apr 5, 2023 9:00 AM] On-chain data shows a large amount of Bitcoin sitting dormant since between 5 and 7 years ago has moved recently, a sign that may be bearish for the price. 5+ Years Old 1,005 BTC Has Been Recently Moved On The Bitcoin Blockchain As pointed out by…
MicroStrategy Acquires Additional 1,045 Bitcoin
[Apr 5, 2023 7:06 AM] Michael Saylor has done it again. MicroStrategy announced today that it has increased its Bitcoin holdings by another 1,045 BTC. With that, the company owned by the perma-bull Saylor has now broken through the 140,000 Bitcoin threshold…
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000
[Apr 5, 2023 7:00 AM] Bitcoin broke out of a resistance level of $28,500 on April 5, as crypto markets continued to react to economic data from the United States. Job openings in the U.S. fell below 10 million for the first time since 2021, which comes as employers…
ETH hits 7-month high ahead of Shanghai and Capella upgrades
[Apr 4, 2023 11:09 PM] Ether has broken the $1,900 resistance level for the first time in months and is currently sitting above $1,911.
Bitcoin Price Needs To Clear $29,000 For Hopes of a Fresh Rally
[Apr 4, 2023 9:56 PM] Bitcoin price is consolidating gains below the $28,800 resistance. BTC must clear $29,000 to start a fresh rally and clear the $30,000 resistance zone. Bitcoin is showing positive signs above the $28,000 support zone. The price is trading above…
This “Super” Bitcoin Technical Tool Says Limited Resistance Remains
[Apr 4, 2023 6:02 PM] Bitcoin price is currently trading at $28,000, seemingly unable to fall lower thanks to overwhelming buying pressure. The lack of pullbacks could be due to a “super” technical tool indicating that almost all important resistance has been flipped to…
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change
[Apr 4, 2023 11:30 AM] After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin…
Here’s Why Bitcoin Could Break At Least $33,000 In This Rally
[Apr 4, 2023 8:00 AM] Bitcoin may be able to break the $33,000 mark in the current rally if this historical pattern of an on-chain indicator is anything to go by. Bitcoin Realized Price-To-Liveliness Ratio Has A Value Of $33,200 Currently According to the latest weekly…
Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead
[Apr 4, 2023 7:00 AM] Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe that it holds any inherent value. Now, more often than not, Schiff has always been wrong about…
Bitcoin, Ethereum Technical Analysis: ETH Hits 8-Month High, as BTC Nears Key Resistance Level
[Apr 4, 2023 6:30 AM] Ethereum surged to an eight-month high on Tuesday, as bulls began to gradually return to cryptocurrency markets. As the session matured, the global market cap moved higher, and is up by 1.27% at the time of writing. Bitcoin moved closer to a key…
While Bitcoin Stagnates, Is Altcoin Season Finally Here? QCP Weighs In
[Apr 4, 2023 4:56 AM] While the Bitcoin price has failed to sustainably advance into the $29,000 region since mid-March, several altcoins are currently experiencing a strong rally. Bitcoin dominance has risen to as high as 46.5% in recent weeks, but is currently seeing…
Here’s Why The Fair Price Of Bitcoin Currently Is $42,000: Renowned Analyst
[Apr 4, 2023 2:00 AM] The founder of Capriole Investments, Charles Edwards, has shared in his latest tweet an assessment that Bitcoin is still significantly undervalued at its current price. The creator of the Hash Ribbons indicator and one of the leading publishers of…
Data Says Bitcoin Has Begun Its Most Bullish Month Historically
[Apr 3, 2023 5:38 PM] Bitcoin price is trading around $28,000, holding relatively stable after a large move upward in Q1 2023 from 2022 lows. Not only is a new quarter beginning, but BTCUSD has entered its most bullish month in its history, according to data. Historical…
Bitcoin SOPR Plunges, Why This Could Be Bullish
[Apr 3, 2023 11:30 AM] On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has plunged recently; here’s why this may be bullish for the price. Bitcoin SOPR Observed A Deep Plunge In Recent Days As an analyst in a CryptoQuant post pointed out, many…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Above $28,000 on Monday
[Apr 3, 2023 6:30 AM] Bitcoin started the week consolidating above the $28,000 level, as markets prepare for a big week of U.S. economic data. The headline will be this Friday’s nonfarm payrolls, which are expected to fall to 238,000 jobs. Ethereum remains above…
Bitcoin Back Above $28,000, But DXY Spoils Short-Term Outlook
[Apr 3, 2023 3:10 AM] The Bitcoin price plunged 2.2% at the beginning of the trading session in Asia, but managed to hold the important support at $27,700. However, a breakout of the US Dollar Index (DXY) could mean another pullback for the Bitcoin price in the…
Bitcoin Price Dips Again As The Bulls Struggle To Push It To $30K
[Apr 2, 2023 8:17 PM] Bitcoin price is correcting lower from the $28,800 zone. BTC might gain bearish momentum if there is a clear move below the $27,500 support. Bitcoin started another decline from the $28,800 resistance zone. The price is trading below $28,500 and…
BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market
[Apr 2, 2023 7:30 PM] While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than…