[Aug 2, 2023 5:02 PM] Bitcoin price is nowhere near setting new all-time highs, but an important long-term price average is doing so, day after day, month after month. What is this moving average being referenced, and what does it setting new highs potentially mean?…
[Aug 2, 2023 11:00 AM] In a recent development, MicroStrategy, a US-based software firm, has announced intentions to raise about $750 million through stock sales. According to the platform, which is currently one of the biggest corporate holders of Bitcoin, proceeds…
[Aug 1, 2023 1:30 PM] In his recent report, Charles Edward, a prominent crypto market analyst, released an update on the state of the Bitcoin (BTC) market. The report highlights the continuation of the downtrend for Bitcoin, which has been losing its key support, the…
[Aug 1, 2023 1:25 PM] Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve taken all previous instances of extreme lows and…
[Aug 1, 2023 11:01 AM] Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally would in such circumstances. Instead of swinging…
[Jul 31, 2023 1:00 PM] Bitcoin (BTC) has been trading in a tight range for quite some time now, with bulls and bears engaged in a tug-of-war over key support and resistance levels. The recent move above $29,500 has provided some hope for the bulls, but so far, they have…
[Jul 31, 2023 10:00 AM] For an industry that rarely gets mainstream political support, Bitcoin recently received a massive endorsement after Democratic Presidential candidate Robert F. Kennedy spoke out in support of the cryptocurrency. According to RFK, arguments against…
[Jul 30, 2023 9:11 PM] Bitcoin price is recovering higher from the $29,000 support. BTC could revisit the key $29,700 resistance zone in the coming sessions. Bitcoin is slowly moving higher above the $29,200 and $29,300 levels. The price is trading above $29,300 and the…
[Jul 28, 2023 11:00 AM] Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long
[Jul 27, 2023 8:59 PM] Bitcoin price is struggling to rise above the $29,300 resistance level. BTC could start another decline and trade below the $28,880 support zone. Bitcoin is struggling to rise above the $29,300 and $29,600 levels. The price is trading below $29,300…
[Jul 27, 2023 1:36 PM] Bitcoin, the world’s largest cryptocurrency by market cap, has traded at or near $30K per coin for the better part of 2023. Throughout the year, an uptrend channel has formed that is currently still holding. If support remains unbroken, it could…
[Jul 26, 2023 9:11 PM] Bitcoin price is struggling to recover above the $29,000 resistance level. BTC must settle above $29,000 and then $29,600 to move into a positive zone. Bitcoin is attempting a recovery wave above the $28,850 level. The price is trading below…
[Jul 26, 2023 6:00 PM] The Federal Reserve’s (Fed) decision to raise the Federal Funds Rate (FFR) by 25 basis points to 5.50%, the highest level since February 2021, had little impact on the cryptocurrency market and Bitcoin (BTC), with the event described as “very…
[Jul 26, 2023 5:00 PM] The Bitcoin halving is arguably the most important event for the blockchain due to its function. As such, it has played a significant role in when the crypto bull market starts and how long it lasts in most cases. Although there have been slight…
[Jul 26, 2023 1:00 PM] The Bitcoin price has been underwhelming in the past few days, reflecting the current state of the cryptocurrency market. On Monday, July 24, investors watched the price of the premier cryptocurrency retreat beneath the $30,000 mark again. …
[Jul 25, 2023 10:09 PM] Bitcoin price is attempting a recovery wave above the $29,200 level. BTC must clear the $29,600 resistance to start a decent recovery wave. Bitcoin is consolidating above the $29,000 support zone. The price is trading below $29,600 and the 100…
[Jul 25, 2023 2:00 PM] Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in…
[Jul 25, 2023 9:30 AM] The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked. However, in a recent…
[Jul 24, 2023 9:39 PM] Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level. The price is trading below $29,500…
[Jul 24, 2023 9:00 PM] Bitcoin (BTC) continues to dominate the cryptocurrency market, as exchange balances have dropped to levels last seen in early 2018. This signals a growing trend of investors moving their Bitcoin holdings to cold storage, which is considered to be…
[Jul 24, 2023 6:36 PM] Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a…
[Jul 24, 2023 6:00 PM] Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a sharp decline recently, mirroring the broader decline in the cryptocurrency market. This has led to concerns among Bitcoin bulls, who closely monitor the…
[Jul 24, 2023 2:30 PM] Russia is progressing with its central bank digital currency (CBDC). President Vladimir Putin has endorsed the digital ruble bill, signing it into law on July 24. As a result of this approval, the digital ruble law is officially set to take effect…
[Jul 23, 2023 9:22 PM] Bitcoin price is moving lower from the $30,350 level. BTC is showing bearish signs and might decline further toward the $29,650 and $29,500 support levels. Bitcoin is moving lower below the $30,000 pivot level. The price is trading below $30,000…
[Jul 23, 2023 8:00 AM] After over 11 years of inactivity, a dormant Bitcoin address containing $31 million in BTC suddenly came to life recently. On July 22, 2023, the address transferred its entire balance to a new address. Early BTC Address Comes Back To Life Bitcoin…
[Jul 21, 2023 2:03 PM] An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters. Heather Morgan, who…
[Jul 21, 2023 9:30 AM] Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced…
[Jul 20, 2023 8:57 PM] Bitcoin price is still consolidating above $29,500. BTC must settle above the $30,400 resistance zone to start a steady increase in the near term. Bitcoin is struggling to clear the $30,000 resistance level. The price is trading below $30,000 and…
[Jul 20, 2023 11:59 AM] Digital asset management platform Blofin has released a report that explores the changing narrative of the cryptocurrency market, focusing on the diverging correlation between Bitcoin (BTC) and Ethereum (ETH). The report suggests that BTC is…
[Jul 20, 2023 8:00 AM] In April 2023, Arkansas made history by becoming the first state to pass the ‘Right to Mine’ Bitcoin bill in both the House and Senate. However, the “Right to Mine” law in Arkansas is encountering increasing opposition as it…
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