[Mar 26, 2023 10:30 AM] As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020…
[Mar 26, 2023 3:30 AM] Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto…
[Mar 25, 2023 6:30 AM] Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the…
[Mar 25, 2023 4:30 AM] Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app…
[Mar 24, 2023 3:00 PM] XRP has been trading on a bullish streak over the last few days. In the past week, the altcoin appreciated by close to 18%. On the daily chart, however, XRP slipped nearly 4%. Despite the fall on the daily chart, the altcoin was moving with bullish…
[Mar 24, 2023 2:00 PM] After several spikes since the beginning of the year, up over 40% from January, Ethereum investors have profited, translating into key metrics. According to the on-chain analysis firm Glassnode, the number of Ethereum addresses in profit has now…
[Mar 24, 2023 1:00 PM] Data shows the Bitcoin Coinbase Premium has declined recently, suggesting that the buying pressure may be slowing down from the US investors. Bitcoin Coinbase Premium Index Has Gone Down In Recent Days An analyst in a CryptoQuant post pointed out…
[Mar 24, 2023 8:40 AM] A quant has explained using on-chain data how the Bitcoin Exchange Stablecoins Ratio (ESR) may act as a leading indicator for the price. Bitcoin ESR Has Shown Divergence From The Price Recently As explained by an analyst in a CryptoQuant post, the…
[Mar 24, 2023 7:10 AM] Ethereum fell from a 7-month high March 24, as traders reacted to further uncertainty within the European banking sector. Shares in Deutsche Bank fell by as much as 13% in today’s session, following a spike in the cost of credit default…
[Mar 24, 2023 6:25 AM] The Bitcoin price is currently consolidating below the key resistance zone at $28,300. Both from a historical perspective and based on current macro events, there are good reasons to remain bullish and expect the price to continue to rise. US…
[Mar 24, 2023 3:10 AM] Conor Ryder, researcher at digital asset data provider Kaiko, has examined the liquidity of the Bitcoin and crypto markets in a new study, finding that the liquidity situation in crypto has deteriorated further this month following the banking…
[Mar 24, 2023 12:49 AM] Greenpeace’s “Skull of Satoshi” artwork highlights their gripes with Bitcoin’s consensus mechanism, but Bitcoin supporters adopted it as a new mascot.
[Mar 23, 2023 9:20 PM] Bitcoin price trimmed all losses and climbed above $28,000. BTC must clear the $28,500 resistance zone to start a steady increase in the coming sessions. Bitcoin is moving higher above the $28,000 resistance. The price is trading above $28,000 and…
[Mar 23, 2023 3:30 PM] Aave has been securing steady gains over the past few days. Over the last 24 hours, the altcoin gained nearly 1.4%. Weekly gains have not been as high as Aave gained 3% With Bitcoin swaying between two crucial levels of $28,000 and $28,500 in the…
[Mar 23, 2023 7:05 AM] Bitcoin moved below $28,000 on Thursday, as markets reacted to the latest Federal Reserve interest rate hike. The Fed opted to increase rates by 25 basis points (bps) as many had anticipated, and signal one more hike this year. Ethereum was also…
[Mar 23, 2023 2:15 AM] Yesterday’s interest rate decision by the U.S. Federal Reserve (Fed) and the subsequent press conference by chairman Jerome Powell were met with a very bearish reaction from traditional financial markets, as well as Bitcoin and crypto. The…
[Mar 22, 2023 10:13 PM] Bitcoin price started a downside correction from the $28,500 resistance zone. BTC found support near $26,600 and is currently attempting a fresh increase. Bitcoin is moving higher above the $27,000 resistance. The price is trading below $27,800 and…
[Mar 22, 2023 2:45 PM] Bitcoin price is at the time of this writing slightly above $27K per BTC, after losing $28K almost immediately following the Federal Reserves rate hike decision. The rate increase was less than originally anticipated, but cryptocurrencies and the…
[Mar 22, 2023 2:38 PM] A quant has explained using on-chain data that an interesting relationship may exist between the USDT exchange inflows and Bitcoin price. USDT Derivative Exchange Inflows May Be Influencing Bitcoin Price As pointed out by an analyst in a…
[Mar 22, 2023 10:30 AM] The Bitcoin price continues to record new yearly highs as the cryptocurrency goes on a bullish rampage. There is no resistance level capable of containing BTC bulls, while macroeconomic uncertainty and a banking crisis fuel the fire. As of this…
[Mar 22, 2023 8:25 AM] In the Bitcoin and crypto community, there has been plenty of talk in recent days that the US Federal Reserve (Fed) has fired up its money printer again with the Bank Term Funding Program (BTFP) and swap lines for five other central banks around…
[Mar 22, 2023 7:22 AM] On-chain data shows the Bitcoin whales have continued to be active recently, with the last week being their 2023 week with the highest average activity. Bitcoin Whales Are Displaying Highest Activity In 16 Weeks As per data from the on-chain…
[Mar 22, 2023 6:32 AM] Bitcoin moved closer to a fresh nine-month high on Wednesday, as markets prepared for today’s Federal Reserve interest rate decision. The Fed is expected to hike rates by 0.25%, despite inflation falling last month to 6%. Ethereum briefly…
[Mar 22, 2023 4:20 AM] Balaji Srinivasan, former CTO of Coinbase, grabbed a lot of attention last week with his bet that Bitcoin will reach $1 million within the next 90 days, and also received a lot of criticism for his “unrealistic” prediction. Saifedean…
[Mar 21, 2023 9:58 PM] Bitcoin price is attempting an upside break above the $28,500 resistance zone. BTC could rally if there is a close above the $28,500 resistance zone. Bitcoin is gaining pace above the $28,000 resistance. The price is trading above $27,500 and the…
[Mar 21, 2023 3:00 PM] Bitcoin continues its upward trend as the global banking sector faces a crisis; the cryptocurrency has seen its best performance year to date. The BTC price has been pushing up due to a strengthening in the narratives and could see further upside…
[Mar 21, 2023 1:48 PM] On-chain data suggests the $28,700 mark, which Bitcoin has yet to hit since the LUNA collapse, could be the next major obstacle to clear for the asset. Bitcoin Has Been Under The $28,700 Level For 310 Days Now According to data from the on-chain…
[Mar 21, 2023 10:31 AM] Bitcoin price is currently trading at $28,000 only a week after retesting below $20,000 – potentially leaving that price range behind forever. The powerful, more than 30% one-week rally has brought the top cryptocurrency to a bullish technical…
[Mar 21, 2023 10:00 AM] Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block…
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