[Mar 30, 2023 9:30 AM] On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1.5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant…
[Mar 30, 2023 8:20 AM] What does it mean for Bitcoin if the US dollar loses its reserve status? Is it even possible? In light of the dramatic political developments, a debate is currently raging about exactly that. Whether Bitcoin can be a beneficiary or even the…
[Mar 30, 2023 6:45 AM] Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to…
[Mar 30, 2023 4:30 AM] Bitcoin has seen some good gains in the last day which eventually saw the digital asset climb over $29,000 for the first time in nine months, albeit briefly. But despite the price gains that the digital asset has seen in this time, it is still not…
[Mar 30, 2023 3:30 AM] The Bitcoin price saw an eye-catching move today, initially rising 2.8% ($810) in 30 minutes to reach a new yearly high at $29,182, only to fall to $28,080 in a very short period of time. At press time, Bitcoin showed renewed strength and was…
[Mar 29, 2023 8:26 PM] Bitcoin price is rising above the $28,000 resistance. BTC bulls seem to be aiming a fresh surge above the $28,500 and $28,800 resistance levels. Bitcoin is slowly moving higher above the $27,500 resistance zone. The price is trading above $28,000…
[Mar 29, 2023 9:00 AM] On-chain data shows the Bitcoin net taker volume is approaching a break above a line that has historically been a bullish signal for the price. Bitcoin Net Taker Volume Has Been Moving Towards Zero Line Recently As pointed out by an analyst in a…
[Mar 29, 2023 8:59 AM] A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere.
[Mar 29, 2023 8:30 AM] According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25…
[Mar 29, 2023 6:30 AM] Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum…
[Mar 29, 2023 3:35 AM] The Bitcoin price continues its upward trend, defying bad news, most notably the Commodity Futures Trading Commission (CFTC) filing a lawsuit against Binance. While BTC dropped 5% within an hour of the news, the bulls have already erased those…
[Mar 29, 2023 2:00 AM] Bitcoin price has returned to the $28,000 territory in the face of a flurry of market uncertainty. As investors grapple with the potential fallout from the U.S. Commodity Futures Trading Commission’s (CFTC) lawsuit, the alpha coin has managed…
[Mar 28, 2023 9:12 PM] Bitcoin price is attempting a recovery wave above the $27,000 resistance. BTC could gain bullish momentum if it clears the $27,700 resistance zone. Bitcoin is slowly moving higher from the $26,500 support. The price is trading below $27,500 and the…
[Mar 28, 2023 12:34 PM] While the global crypto market has split, with some parts, such as XRP moving in an upward trend and another part, such as Bitcoin moving in a downward trend, Bitfinex analysts have suggested the current downtrend on Bitcoin may not just last for a…
[Mar 28, 2023 11:30 AM] On-chain data shows that Bitcoin miners have transferred many coins to exchanges today, which may be a sign of selling. Bitcoin Miner To Exchange Flow Has Observed A Huge Spike Today As pointed out by an analyst in a CryptoQuant post, a total of…
[Mar 28, 2023 9:40 AM] As a result of the lawsuit filed by the Commodity Futures Trading Commission (CFTC) against the world’s largest crypto exchange Binance, the Bitcoin market is currently experiencing a high level of uncertainty. After yesterday’s 5%…
[Mar 28, 2023 8:30 AM] The new week is starting out worse than expected for Bitcoin and the cryptocurrency is already suffering from falling prices. The direct effect of the Commodities Futures Trading Commission (CFTC) suing Binance, the world’s largest crypto exchange…
[Mar 28, 2023 7:30 AM] On-chain data shows the Bitcoin “mid-term holders” have been spotted moving 50,000 BTC on the chain, a sign that may be bearish for the price. Bitcoin Tokens Aged Between 3-6 Months Have Moved Recently As pointed out by an analyst in a…
[Mar 28, 2023 6:30 AM] Bitcoin moved below $27,000 during Tuesday’s session, as the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The suit claims that Binance knowingly offered unregistered crypto products to U.S. customers…
[Mar 28, 2023 3:15 AM] The lawsuit filed by the Commodity Futures Trading Commission (CFTC) against Binance and its CEO Changpeng Zhao (CZ) rattled the crypto market yesterday, causing the Bitcoin price to drop by $1,300 and 5% at times. At press time, BTC was…
[Mar 27, 2023 9:02 PM] Bitcoin price declined and retested the $26,500 support. BTC must stay above the $26,500 support to avoid more losses in the coming sessions. Bitcoin started another decline and retested the $26,500 support. The price is trading below $27,500 and…
[Mar 27, 2023 5:30 PM] Over the years, millions of Bitcoin have been lost forever due to people forgetting or losing their keys, or possibly passing away without passing on their keys. With each passing year, this number grows and more BTC is lost. Now, this number is…
[Mar 27, 2023 4:55 PM] Bitcoin price is currently pulling back alongside the broader crypto market following a strong move from $20,000 to $29,000 in a matter of two weeks. The sharp rally has the market speculating that a bottom might be in. If the bottom is indeed in…
[Mar 27, 2023 1:09 PM] While the rest of the crypto market has seen sharp declines over the past week, XRP has only continued to boast bullish moves. Over the past seven days, the asset has surged by more than 20%, emerging as the top gainer among large crypto by market…
[Mar 27, 2023 9:00 AM] The Bitcoin Network Value to Metcalfe (NVM) ratio has hit a high of 0.75 recently. Here’s what this tells us about the current BTC market. Bitcoin NVM Ratio Has Been Riding An Uptrend Recently As pointed out by an analyst in a CryptoQuant…
[Mar 27, 2023 6:15 AM] Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion…
[Mar 27, 2023 2:30 AM] Tesla CEO Elon Musk has pointed to the “most serious looming issue” in the banking system in a new tweet. On Twitter, Musk was responding to an analysis by The Kobeissi Letter, which noted that more than $2.5 trillion in commercial real…
[Mar 27, 2023 12:09 AM] Bitcoin market liquidity is currently a major point of concern within the cryptocurrency sphere. The lack of depth in the market has led to significant price slippage when large orders are executed, resulting in erratic price swings that can…
[Mar 26, 2023 8:19 PM] Bitcoin price is still consolidating above the $27,000 support. BTC could start a fresh surge if there is a successful move above the $28,150 resistance. Bitcoin is moving higher above the $27,500 resistance. The price is trading above $27,500 and…
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