[Feb 28, 2023 9:33 PM] Bitcoin price is still well below the $23,650 resistance. BTC could gain bullish momentum if it is able to clear the $24,000 resistance. Bitcoin is still struggling to make a move above the $23,600 resistance zone. The price is trading above…
[Feb 28, 2023 3:00 PM] Bitcoin has been moving sideways the past week after experiencing rejection at the $25,000 region. The cryptocurrency has been reacting to macroeconomic uncertainty pushing its price to the downside, but BTC continues to flash long-term buying…
[Feb 28, 2023 8:30 AM] On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens…
[Feb 28, 2023 7:30 AM] Bitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report. The data, which is for February, is expected to show a slight increase in confidence for the month. This will…
[Feb 28, 2023 7:30 AM] With the fact that there can ever only be 22 million Bitcoin in circulation, BTC has always been bound to be scarce over time as the asset flourishes in mainstream adoption while its value continues to rise. According to the latest data from the…
[Feb 28, 2023 6:30 AM] Charles Edwards, a renowned analyst and founder of Capriole Investments, has outlined nine reasons why Bitcoin has been in a new bull market since January in a new Twitter thread. Contrary to the growing voices that Bitcoin will plummet again…
[Feb 27, 2023 9:18 PM] Bitcoin price is struggling to clear the $23,650 resistance. BTC must clear the $24,000 resistance to move into a positive zone in the near term. Bitcoin is struggling to gain pace for a move above the $23,600 resistance zone. The price is trading…
[Feb 27, 2023 5:55 PM] The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.
[Feb 27, 2023 9:00 AM] The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528…
[Feb 27, 2023 8:15 AM] The recent plunge of the Bitcoin price from $25,200 to $22,780 has once again triggered great fear among investors that the price is not only in a correction phase, but will face significant further downside. However, there are good arguments that…
[Feb 27, 2023 7:30 AM] Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday…
[Feb 27, 2023 7:00 AM] Over the past month, Bitcoin has seen a significant uptrend of about 40%, starting from the beginning of the year. As a result, BTC pulled a massive bullish trend carrying the rest of the crypto market along with it as other altcoins have also…
[Feb 26, 2023 9:40 PM] Bitcoin price is attempting an upside break above the $23,650 resistance. BTC must clear the $24,000 resistance to start a steady increase in the near term. Bitcoin is slowly moving higher above the $23,500 resistance zone. The price is trading…
[Feb 25, 2023 9:00 AM] Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by…
[Feb 25, 2023 6:28 AM] The crypto market is experiencing a jolt in terms of prices as Bitcoin and other cryptocurrencies plummet. CoinMarketCap shows that Bitcoin price has retreated below the $23,000 level, losing nearly 4% of its value in the last 24 hours, at the time…
[Feb 25, 2023 4:45 AM] Bitcoin has been hovering within the $23,000 – $25,000 price range without clearly indicating its next direction. This has caused a major debate in the crypto space on whether the bullish season is over. This is further heightened by the…
[Feb 24, 2023 10:30 AM] The Bitcoin taker buy/sell ratio is currently forming a crossover that has led to the price of the asset observing a decline in the past. Bitcoin Taker Buy Sell Ratio Moving Averages Are Crossing Over As pointed out by an analyst in a CryptoQuant…
[Feb 24, 2023 7:50 AM] For the Bitcoin and crypto markets, today’s release of the Core Personal Consumption Expenditure (PCE) index in the United States has been the most important event of the week. The starting point was simple: if the numbers released by the…
[Feb 24, 2023 7:30 AM] Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite…
[Feb 24, 2023 5:30 AM] While there is always a reason behind every single movement in the market, Bitcoin’s latest bearish trend in the last 24 hours appears to be a result of $1.8 billion Bitcoin options set to expire today. This large volume of Bitcoin set to be…
[Feb 24, 2023 5:15 AM] Despite what looked to be synchronized warnings from global regulators on the risks that crypto-assets represent to the world’s financial system, Bitcoin price continued to trade near support at $24,000, making for a relatively quiet day in…
[Feb 23, 2023 9:11 PM] Bitcoin price is struggling to clear the $24,500 resistance zone. BTC must clear the $24,500 resistance and the 100 hourly SMA to start a decent increase. Bitcoin is still struggling to clear the $24,500 resistance zone. The price is trading below…
[Feb 23, 2023 7:40 PM] Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.
[Feb 23, 2023 7:30 PM] Bitcoin price is pushing hard to maintain above $24,000, after a sustained rally to pre-FTX fallout levels. Along the way, each bounce in price action has begun to take on a parabolic shape, which could keep the top cryptocurrencies climbing much…
[Feb 23, 2023 2:00 PM] On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant…
[Feb 23, 2023 8:40 AM] This Bitcoin on-chain indicator may suggest why the $24,750 price level is an important resistance for the cryptocurrency. Bitcoin Adjusted Realized Price Is Currently Valued At Around $24,750 The relevant indicator here is the “realized…
[Feb 23, 2023 7:30 AM] Data from Santiment shows that crypto market assets have now started to enter into the “overbought” territory, but they aren’t yet in the danger zone. Crypto Assets Are Slightly Overbought Right Now, According To MVRV As per data…
[Feb 23, 2023 7:30 AM] Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is…
[Feb 23, 2023 7:03 AM] The Bitcoin price has fallen back below the $24,000 level, while the US Dollar Index (DXY) has reached a seven-high. After BTC managed to defend the key support of $23,867 in the 1-day chart yesterday, the bulls now need to prove their strength…
[Feb 22, 2023 9:15 PM] Bitcoin price tested the $23,600 zone and started a decent increase. BTC must clear the $24,500 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is slowly moving higher above the $24,000 resistance zone. The price is trading…
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