[Apr 20, 2023 5:10 AM] On-chain data shows a large amount of Bitcoin supply dormant for more than 7 years ago has moved recently, a sign that may be bearish for the price. Bitcoin Supply Aged Between 7 And 10 Years Old Has Been Transferred Recently As pointed out by an…
[Apr 19, 2023 10:20 PM] Bitcoin (BTC) traders have experienced a tough week as the cryptocurrency dipped below $30,000, causing panic among traders who shorted Bitcoin in the hope of the asset’s price moving upwards. According to data provider Coinglass, many traders are…
[Apr 19, 2023 9:30 PM] According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by…
[Apr 19, 2023 8:27 PM] Bitcoin price failed to clear $30,250 and declined sharply. BTC traded below $29,000 and might extend its decline toward $28,000. Bitcoin started another decline below the $29,500 support zone. The price is trading below $29,200 and the 100 hourly…
[Apr 19, 2023 5:00 PM] The past few days saw a recovery in the Uniswap price, but it appears that the bullish trend has reached exhaustion. UNI dropped by 6% in the past 24 hours, causing its price to fall below its descending line. Although Uniswap gained 0.7% on the…
[Apr 19, 2023 5:00 PM] On-chain data shows the Bitcoin shrimp supply has continued to rise recently, which can be positive for the BTC ecosystem. Bitcoin Shrimps Now Hold 6.7% Of The Entire Circulating Supply According to data from the on-chain analytics firm Glassnode…
[Apr 19, 2023 4:00 PM] Applying a Dollar Cost Average (DCA) method can be smart for investors looking to profit from the crypto markets. Yesterday’s trade session witnessed a brilliant price recovery from Bitcoin after it reclaimed the $30,000 level, pushing some…
[Apr 19, 2023 12:00 PM] On-chain data shows the Bitcoin Korea Premium Index has been displaying signs of selling pressure, something that could result in a pullback. Bitcoin Korea Premium Index Has Turned Red In Recent Days As pointed out by an analyst in a CryptoQuant…
[Apr 19, 2023 7:01 AM] Bitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recent bull run. Following today’s red wave, prices neared a breakout below the $29,000 level earlier in the session. Ethereum also declined, falling…
[Apr 19, 2023 4:50 AM] The Bitcoin price fell from over $30,000 to a new local low of $29,032 in the early morning hours (4:00 am EST) today. The initial 3.5% price drop happened within just 20 minutes. While the sell-off does not seem to have a fundamental reason, two…
[Apr 19, 2023 2:45 AM] K33 Research, formerly known as Arcane Research, has published a report which suggests Bitcoin investors should follow the old Wall Street adage “Sell in May and go away.” The saying suggests that investors should sell their stocks in…
[Apr 18, 2023 8:22 PM] Bitcoin price found support near $29,200 and recovered losses. BTC must clear the $30,500 resistance to continue higher in the near term. Bitcoin started a fresh increase from the $29,200 support zone. The price is trading above $30,000 and the 100…
[Apr 18, 2023 2:00 PM] 8 of 8 Glassnode indicators tracking the recovery progress from the Bitcoin bear market are now displaying green signals. Bitcoin On-Chain Indicators May Suggest The Bear Market Is Behind Us The on-chain analytics firm Glassnode released a…
[Apr 18, 2023 8:00 AM] On-chain data shows the Bitcoin exchange whale ratio has observed a sharp spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Whale Ratio Has Been Elevated Recently As pointed out by an analyst in a…
[Apr 18, 2023 6:15 AM] Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier…
[Apr 18, 2023 6:00 AM] Over the past few weeks, Avalanche has made an impressive recovery in its price. Last week alone, AVAX surged by 20%, and on the daily chart, it showed over 4% appreciation. Despite facing a significant decline last month when its price dropped to…
[Apr 18, 2023 5:10 AM] The Bitcoin price remains the all-determining trend setter for the crypto market. After the Bitcoin price fell to as low as $29,173 yesterday, dragging all altcoins down with it, the crypto market is back in the green across the board today. At…
[Apr 18, 2023 12:30 AM] TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make…
[Apr 17, 2023 8:23 PM] Bitcoin price extended its decline below the $30,000 zone. BTC might slide further and test the $29,000 support in the near term. Bitcoin started a downside correction below the $30,000 level. The price is trading below $30,000 and the 100 hourly…
[Apr 17, 2023 2:43 PM] Bitcoin price took a hard stab at $30,000 and although the knife stuck for some time, price is now retracing. The rally, according to the Relative Strength Index, was lacking enough strength to pierce through the armor-like resistance level. Here…
[Apr 17, 2023 10:30 AM] Is Bitcoin truly done with the bear market bottom or is there more to come still? Here’s what the “RHODL ratio” has to say about it. Bitcoin RHODL Ratio Has Been Declining In Recent Days As pointed out by an analyst on Twitter…
[Apr 17, 2023 8:00 AM] After hitting an annual high of $30,975 last Friday, the Bitcoin price is under pressure today and has fallen below $29,500 for the first time in a week. At the time of writing, BTC’s low was at $29,410. The decline comes as a surprise in…
[Apr 17, 2023 6:30 AM] On-chain data shows the Bitcoin network has been observing a rising amount of transactions recently, something that may be bullish for the price. Bitcoin 30-Day SMA Transaction Count Is Near Cycle Highs Currently According to data from the on-chain…
[Apr 17, 2023 6:30 AM] Bitcoin started the week trading below $30,000, as the U.S. dollar strengthened during Monday’s session. USD/JPY rose to a one-month high, with the greenback also gaining against the euro and British pound. Ethereum was also lower, falling…
[Apr 16, 2023 9:09 PM] Bitcoin price started a downside correction from the $31,000 zone. BTC might decline toward $29,000 before the bulls appear again. Bitcoin started a downside correction below the $30,500 pivot level. The price is trading below $30,500 and the 100…
[Apr 15, 2023 3:30 PM] Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He…
[Apr 15, 2023 7:58 AM] On-chain data shows the recent rise in the price of Bitcoin above the $30,000 mark may be fueled by stablecoins being shifted into the asset. Stablecoins Have Continued To Flow Into Bitcoin In Recent Days As pointed out by an analyst on Twitter…
[Apr 15, 2023 6:39 AM] Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this…
[Apr 14, 2023 2:30 PM] At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current…
[Apr 14, 2023 6:30 AM] Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum…
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