[Jun 14, 2023 8:11 AM] So far, the supply of Bitcoin (BTC) held on exchanges has recently seen a significant decrease, reaching levels last observed in February 2018. This trend underscores a developing pattern in the crypto market – traders and investors…
[Jun 14, 2023 6:30 AM] Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics…
[Jun 14, 2023 6:30 AM] Bitcoin fell below a key resistance level on Wednesday, as markets prepare for the upcoming U.S. Federal Reserve interest rate decision. It is expected that the Fed will keep interest rates unchanged at 5.25%. Ethereum remained below $1,800 in…
[Jun 14, 2023 5:00 AM] The Bitcoin and crypto market faces the most important event of this week and probably the entire month of June today with the Federal Open Market Committee (FOMC) meeting of the US Federal Reserve (Fed) at 2:00 pm EST (release of the interest rate…
[Jun 14, 2023 2:10 AM] Despite the recent flood of major news in the crypto sector, one topic is more hotly debated than any other at the moment: Is Binance selling Bitcoin on the spot market to prop up the Binance Coin (BNB)? NewsBTC already reported yesterday that the…
[Jun 13, 2023 8:39 PM] Bitcoin price is forming a base above the $25,500 support. BTC could start a fresh increase if it clears the key $26,200 resistance zone in the near term. Bitcoin is holding the key $25,500 support zone and consolidating. The price is trading above…
[Jun 13, 2023 2:00 PM] On-chain data shows a Bitcoin metric is approaching a crucial retest that can make or break a rally. Will the bulls come out on top? Bitcoin Short-Term Holder Realized Profit/Loss Ratio Is Nearing 1 Level According to data from the on-chain…
[Jun 13, 2023 6:31 AM] Bitcoin rose above the $26,000 level on Tuesday, as markets prepared for the latest U.S. inflation figures. Consumer prices for May are expected to fall to 4.1% — double the Federal Reserve’s 2% target. Ethereum remained below $1,800…
[Jun 13, 2023 4:05 AM] The Bitcoin and crypto market may have received yet another bullish narrative from China. As reported by Bloomberg, the country is mulling a major stimulus package to kick-start an economic recovery following the rebooting of the economy after the…
[Jun 12, 2023 9:00 PM] Bitcoin price is consolidating above the $25,500 support. BTC could start a fresh increase if it settles above the 100 hourly SMA and $26,150. Bitcoin is slowly moving higher from the $25,500 support zone. The price is trading below $26,000 and the…
[Jun 12, 2023 5:00 PM] Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While this is not new as miners tend to sell BTC to fund their operations, the sheer volume that is…
[Jun 12, 2023 12:30 PM] Data shows Bitcoin has been stuck in a historically tight range recently, something that could be a precursor for extreme volatility. Bitcoin 30-Day Price Range Has Compressed To Tight Values In a new tweet, the analytics firm Glassnode has looked…
[Jun 12, 2023 10:30 AM] Amid ongoing regulatory scrutiny and fear, uncertainty, and doubt (FUD) surrounding Bitcoin (BTC), short-term holders who are often known to be the first to sell off their assets when prices decline have displayed unusual resilience in the face of…
[Jun 12, 2023 7:30 AM] Renowned trading professional Peter Brandt recently made waves in the cryptocurrency community with his firm belief that Bitcoin (BTC) is the only crypto asset worth considering, dismissing Ethereum (ETH) and other digital currencies as mere…
[Jun 12, 2023 6:42 AM] Bitcoin started the week trading marginally below the $26,000 level, ahead of a key week of economic events. The headline being the upcoming U.S. Federal Reserve meeting. Ethereum remains below $1,800 ahead of this week’s rate decision…
[Jun 12, 2023 5:42 AM] On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin Miner Inflow To Exchanges Has Registered A Spike Recently According to data from the…
[Jun 11, 2023 9:03 PM] Bitcoin price is struggling below the $26,150 support. BTC could start another decline if it breaks the key $25,400 support in the near term. Bitcoin is moving lower below the $26,150 support zone. The price is trading below $26,000 and the 100…
[Jun 10, 2023 4:00 PM] On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%…
[Jun 10, 2023 2:00 PM] While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intelligence (AI) determine whether…
[Jun 10, 2023 6:00 AM] Bitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence. Sentiment in the market once again shifted, as traders liquidated their positions on the back of the U.S. Securities and…
[Jun 9, 2023 5:01 PM] Bitcoin price is struggling after failing to make it above resistance last month. Combined with the recent pressure on the crypto market applied by the US SEC, things aren’t looking great for bulls. However, the correction has stopped…
[Jun 9, 2023 1:30 PM] On-chain data shows that Bitcoin short-term holders are depositing 0.82% of their supply to exchanges. Here’s how these inflows compare with past crashes. Bitcoin Short-Term Holder Inflows Have Been Elevated Recently The BTC market can be…
[Jun 9, 2023 6:30 AM] Bitcoin edged marginally higher on Friday, as traders began to shift their attention to next week’s Fed meeting. Many are expecting that the Federal Reserve will keep rates unchanged for the first time in over a year. Ethereum remains above…
[Jun 9, 2023 6:30 AM] On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain…
[Jun 8, 2023 12:00 PM] On-chain data shows a large amount of Bitcoin older than 10 years has suddenly moved today, a sign that could be bearish for the price. Bitcoin Dormant From More Than 10 Years Ago Has Abruptly Moved As pointed out by an analyst in a CryptoQuant…
[Jun 8, 2023 10:05 AM] The Bitcoin price has shown a strong reaction after the lawsuits filed by the US Securities and Exchange Commission (SEC) against Binance and Coinbase, which may have surprised many. Generally, rising prices on negative news are a strong indication…
[Jun 8, 2023 6:32 AM] Bitcoin consolidated close to a key price floor of $26,300 on Thursday, as a downward death cross sent the cryptocurrency lower. Overall sentiment in the market remains lower, with the global cryptocurrency market cap falling by 1.58% as of…
[Jun 7, 2023 8:17 PM] Bitcoin price is correcting lower from the $27,400 resistance. BTC could start a fresh increase if it is able to clear the $26,600 resistance zone. Bitcoin started a fresh decline after it failed to clear the $27,400 resistance. The price is…
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