[Feb 15, 2023 9:10 PM] Bitcoin price surged over 10% and cleared the $24,000 resistance. BTC traded close to $25,000 and remains supported for more gains in the near term. Bitcoin is gaining pace above the $23,500 and $24,000 resistance levels. The price is trading above…
[Feb 15, 2023 11:55 AM] Bitcoin has been rallying over the past week on the back of a decline in inflation and an apparent improvement in macroeconomic conditions. According to a recent report, the cryptocurrency has been on an uptrend since the beginning of 2022 and…
[Feb 15, 2023 11:00 AM] Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global…
[Feb 15, 2023 8:00 AM] Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at…
[Feb 15, 2023 6:30 AM] A quant has explained how the data of the Bitcoin derivatives indicators like open interest and liquidations can be leveraged as a short-term trading tool. Bitcoin Derivatives Market Data As A Short-Term Trading Tool As explained by an analyst in a…
[Feb 14, 2023 9:20 PM] Bitcoin price is attempting an upside correction above the $22,000 resistance. BTC must clear $22,350 and $22,400 to continue higher in the near term. Bitcoin is slowly moving higher above the $21,800 and $22,000 levels. The price is trading above…
[Feb 14, 2023 5:38 PM] Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs. But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD…
[Feb 14, 2023 7:30 AM] Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior…
[Feb 14, 2023 6:02 AM] Here’s what the current Bitcoin rally might require for a resumption based on the trend that a similar rally back in April 2019 followed. Bitcoin Accumulation Trend Score Has Declined Recently As per the latest weekly report from Glassnode…
[Feb 14, 2023 2:02 AM] Amid news and rumors of a harsh crackdown of the crypto sector by U.S. authorities, the Bitcoin and crypto market is facing a crucial turning point today with the release of the U.S. Consumer Price Index (CPI) for January 2023. The release by the…
[Feb 13, 2023 9:27 PM] Bitcoin price is consolidating below the $22,000 resistance. BTC could decline heavily if there is a daily close below the $21,500 support. Bitcoin is showing a few negative signs below the $22,000 resistance. The price is trading below $22,000 and…
[Feb 13, 2023 7:30 PM] With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company.
[Feb 13, 2023 4:56 PM] Bitcoin is trending in the red in synchrony with a calendar date celebrated by millions, San Valentin; the cryptocurrency is showing anything but love to short-term investors. Following an important rally from a low of $16,500, the cryptocurrency…
[Feb 13, 2023 3:14 PM] The chart representing the total crypto market cap in aggregate has triggered a golden cross on daily timeframes. While the crossover of two important moving averages is typically a buy signal, Bitcoin, is close to confirming the opposite signal —…
[Feb 13, 2023 7:30 AM] Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint BUSD. This has led to a depegging of the stablecoin, and comes ahead of the upcoming U.S. inflation report, which is also adding to today’s…
[Feb 13, 2023 7:30 AM] On-chain data shows the Bitcoin Net Unrealized Profit/Loss (NUPL) is currently nearing a key retest. Will this help BTC rebound? Bitcoin NUPL Has Been Declining Towards 365-Day MA Recently As pointed out by an analyst in a CryptoQuant post, the BTC…
[Feb 13, 2023 7:15 AM] Binance CEO Changpeng Zhao (“CZ”) has commented on Twitter about the Department of Financial Services’ (NYDFS) directive to Paxos Trust Co. to stop minting new BUSD. As reported by the Wall Street Journal today, Paxos will…
[Feb 13, 2023 6:30 AM] On-chain data shows Bitcoin whale transactions have exploded recently, suggesting that these investors may be looking to buy the dip in the price. Bitcoin Whale Transaction Count Has Shot Up In Recent Days According to data from the on-chain…
[Feb 12, 2023 9:15 PM] Bitcoin price is consolidating above the $21,500 support. BTC could start a decent recovery if it clears the $22,000 resistance and the 100 hourly SMA. Bitcoin is struggling to start a recovery wave above the $22,000 resistance. The price is…
[Feb 11, 2023 7:06 AM] Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.96% lower, as of writing. Bitcoin also edged…
[Feb 11, 2023 3:19 AM] MATIC price is making investors smile and beam with confidence as it moves north. There is currently a massive demand to jack up the price of the crypto further up, as explained by veteran crypto analyst, Ali Martinez. Here’s a quick glance…
[Feb 10, 2023 12:30 PM] February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run…
[Feb 10, 2023 8:16 AM] Yesterday’s news that one of the largest US exchanges Kraken will have to pay a $30 million fine to the US Securities and Exchange Commission and shut down its crypto-staking product for US customers has caused a lot of uncertainty, including…
[Feb 10, 2023 7:30 AM] Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has risen in recent days, following comments from U.S. Fed Chair Jerome Powell, who hinted at ongoing rate hikes…
[Feb 10, 2023 7:30 AM] Bitcoin has declined below $22,000 in the past day as on-chain data shows deposits have risen on the crypto exchange Coinbase. Bitcoin Coinbase Exchange Reserve Has Risen Recently As pointed out by an analyst in a CryptoQuant post, the exchange…
[Feb 9, 2023 9:19 PM] Bitcoin price declined over 5% and traded below $22,000. BTC is trading below $22,000 and remains at a risk of more losses towards the $21,200 support. Bitcoin is moving lower and trading below $22,200. The price is trading below $22,500 and the…
[Feb 9, 2023 8:00 AM] Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor…
[Feb 8, 2023 9:28 PM] Bitcoin price failed again and declined below $23,000. BTC is moving lower and might decline further below the $22,500 support. Bitcoin is moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple…
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