[Feb 1, 2023 6:52 AM] On-chain data shows the stablecoin supply long-term and short-term moving averages are close to a death cross. Here’s what it means for Bitcoin. Stablecoin Circulating Supply Moving Averages Close In On Death Cross As pointed out by an…
[Feb 1, 2023 2:30 AM] Just hours before the U.S. Federal Reserve’s interest rate decision today, legendary trader Michael Burry issued a warning for the financial market that could affect Bitcoin and crypto as well. The “Big Short” investor tweeted a…
[Jan 31, 2023 9:07 PM] Bitcoin price is rising and approaching a major hurdle at $23,250. BTC remains at a risk of more downsides before it could start a fresh increase to $25,000. Bitcoin is attempting a fresh increase above the $23,000 resistance zone. The price is…
[Jan 31, 2023 10:07 AM] Ethereum and Bitcoin represent the number two and one cryptocurrencies by market cap, respectively. The two top coins tend to move in tandem, with Ether gaining the slight edge performance-wise when the crypto market turns bullish. That…
[Jan 31, 2023 7:39 AM] Bitcoin has seen a pullback since peaking around $23,900 yesterday. Here’s what Santiment says is the possible reason behind this decline. Bitcoin Observes Largest Profit To Loss Transaction Ratio In 2 Years As per data from the on-chain…
[Jan 31, 2023 7:30 AM] Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference board will…
[Jan 30, 2023 9:06 PM] Bitcoin price started another downside correction below $23,250. BTC remains at a risk of more downsides before the bulls appear near $22,200 or $22,000. Bitcoin started a downside correction and traded below the $23,500 zone. The price is trading…
[Jan 30, 2023 7:00 PM] Sentiment data reveals that the Bitcoin price upwards trend from November lows to as high as $23,960 on January 30 was marked by “sober” traders. Bitcoin Traders Are Not Greedy Per the Fear and Greed Index, the 40% surge of BTC prices…
[Jan 30, 2023 5:00 PM] The Bitcoin difficulty per issuance, a proof-of-work (PoW) pricing model, might provide hints about the following crucial level BTC would have to clear. Bitcoin Approaches Difficulty Per Issuance Model 2.0 Level As pointed out by an analyst on…
[Jan 30, 2023 12:30 PM] Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan…
[Jan 30, 2023 7:30 AM] On-chain data shows Bitcoin’s open interest has sharply gone up recently, a sign that the crypto’s price may be heading toward more volatility. Bitcoin Open Interest Has Made A Huge Jump Of 8.3% Over Past Day As pointed out by an…
[Jan 30, 2023 7:30 AM] Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after…
[Jan 30, 2023 6:00 AM] The bitcoin mining difficulty has once again clocked a new all-time high. This adjustment is one of the largest positive adjustments so far for the year, and with the new ATH comes a brand new set of implications for the digital asset. Bitcoin…
[Jan 29, 2023 9:38 PM] Bitcoin price started another increase above the $23,000 resistance. BTC is rising and the bulls might aim a test of the $25,000 resistance zone. Bitcoin is gaining pace above the $23,500 resistance zone. The price is trading above $23,000 and the…
[Jan 29, 2023 4:30 PM] The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches…
[Jan 28, 2023 7:46 AM] The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.
[Jan 28, 2023 7:39 AM] Bitcoin started the weekend hovering near $23,000, as markets continued to react to personal consumption data in the United States. Figures released on Friday reported that spending fell by 0.2% last month, despite overall consumer sentiment moving…
[Jan 27, 2023 5:00 PM] Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this time, but an unexpected investor group is…
[Jan 27, 2023 12:16 PM] On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange…
[Jan 27, 2023 9:30 AM] Data shows investors in the Bitcoin market have turned greedy for the first time since March 2022, after what was the longest stretch of fear ever. Bitcoin Fear And Greed Index Now Points At “Greed” The “fear and greed…
[Jan 27, 2023 9:00 AM] The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current…
[Jan 27, 2023 7:30 AM] Bitcoin consolidated on Friday, as traders prepared for the release of the upcoming consumer sentiment figures from the United States. Following a move to a five-month high on Thursday, prices were once again below $23,000. Ethereum also slipped…
[Jan 27, 2023 3:50 AM] According to on-chain data from CryptoQuant, a blockchain analytics platform, the Bitcoin supply in loss with the seven-day moving average stands at 32%, a nine-month low. This is the lowest level since April 2022, when the Bitcoin price was…
[Jan 26, 2023 9:23 PM] Bitcoin price failed to settle above $23,500 and corrected lower. BTC is trading above $22,400, but it is now trading below the 100 hourly SMA. Bitcoin is slowly moving lower from the $23,500 resistance zone. The price is trading below $23,000 and…
[Jan 26, 2023 8:30 AM] In a new interview, Charles Edwards of Capriole Investments shared his Bitcoin theses for 2023. Looking back at the past few months, the renowned expert said those have put the market in a position where Bitcoin offers “a great position for…
[Jan 26, 2023 7:30 AM] Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that Tesla was holding 9,720 bitcoin, worth $223 million. Ethereum was also higher, as prices were back above…
[Jan 26, 2023 7:18 AM] CryptoQuant’s Bitcoin on-chain PnL index has surged above its 365-day MA recently, a crossover that has historically signaled early bull markets. Bitcoin On-Chain PnL Index Has Formed A Bullish Crossover As per data from the on-chain…
[Jan 25, 2023 9:42 PM] Bitcoin price started a fresh increase from the $22,400 support zone. BTC climbed to a new yearly high and now aims more upsides above $24,000. Bitcoin started a fresh increase after forming a base near the $22,400 support zone. The price is…
[Jan 25, 2023 9:30 PM] Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s…
[Jan 25, 2023 4:25 PM] Ahead of Gold, US Treasury, the S&P 500, and others, banking giant Goldman Sachs ranks Bitcoin (BTC) in the top 1 best-performing asset year-to-date, per a Twitter user. According to Goldman Sachs, Bitcoin has outperformed its cryptocurrency…
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