[Jun 19, 2023 1:00 PM] On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a…
[Jun 19, 2023 10:00 AM] On-chain data shows the supply of stablecoins has been going up recently, a sign that could potentially be bullish for Bitcoin. Stablecoins Have Registered An Increase In Their Supply Recently As pointed out by an analyst in a CryptoQuant post…
[Jun 19, 2023 9:00 AM] Bitcoin has continued to struggle to sustain the $26,000 support level as bearish sentiment continues to dominate the market. Its drawdown in the last few weeks has led to speculations that the digital asset could be headed for a new cycle low…
[Jun 19, 2023 6:30 AM] Bitcoin consolidated Monday, after recovering recent losses over the weekend, setting the stage for a potential rally this coming week. Price traded close to a one-week high on Monday, marginally below a key resistance level. Ethereum also…
[Jun 18, 2023 9:36 PM] Bitcoin price is moving higher above the $26,000 resistance. BTC could continue to rise if there is a clear move above the $26,800 zone. Bitcoin started a recovery wave above the $26,000 resistance. The price is trading above $26,000 and the 100…
[Jun 17, 2023 1:22 PM] Bitcoin CME Futures BTC1 front month continuous contract price action closes over the weekend, making Friday evening the closing bell for the week. This Friday’s close saw price recover above a crucial level that in the past led to a bullish…
[Jun 17, 2023 5:15 AM] Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was also…
[Jun 16, 2023 7:50 PM] A sudden upward surge has given rise to conjecture regarding the activities of influential market players, commonly called “whales,” who may leverage the price decline to amass Bitcoin holdings. Given the increasing allure of the…
[Jun 16, 2023 11:30 AM] Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both…
[Jun 16, 2023 7:32 AM] Amid the ongoing crypto regulatory uncertainty, Bitcoin’s market dominance has surged to its highest level since July 2021, suggesting a shift in the sentiments of traders and investors towards the world’s pioneer and most substantial…
[Jun 16, 2023 6:33 AM] Bitcoin rose back above $25,000 on Friday, as markets continued to digest recent U.S. economic data. Yesterday saw retail sales climb higher than expected, rising by 0.3% in May, better than a projected decline of 0.1%. Ethereum moved closer to the…
[Jun 16, 2023 4:15 AM] The application by BlackRock, the world’s largest asset manager, for approval of a Bitcoin spot ETF with the US Securities and Exchange Commission (SEC) is the biggest story in the crypto market today. Numerous experts are extremely…
[Jun 16, 2023 2:10 AM] The Bitcoin price has risen 3.2% since yesterday’s low of $24,827. At press time, BTC was trading at $25,590 and has thus reclaimed two extremely important price levels for the moment: first, the Bitcoin price has once again risen above the…
[Jun 15, 2023 9:07 PM] Bitcoin price is attempting a recovery wave above the $25,200 resistance. BTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin is slowly recovering higher above the $25,200 support. The price is trading below $25,750 and…
[Jun 15, 2023 2:00 PM] On-chain data shows that Bitcoin investors aren’t participating in any significant amounts of loss selling right now. Here’s what it may mean. Bitcoin Entity-Adjusted Realized Loss Has Remained Low Recently According to data from the…
[Jun 15, 2023 11:00 AM] Financial circles are buzzing with the news that BlackRock, the world’s largest asset manager, is considering applying for a Bitcoin Exchange Traded Fund (ETF). This development signifies a substantial move by one of the most influential…
[Jun 15, 2023 10:00 AM] In the past 48 hours, the price of XRP has experienced notable volatility, dropping below $0.50. The crypto market is closely focused on XRP due to a recent favorable development in the Securities and Exchange Commission (SEC) vs. Ripple lawsuit…
[Jun 15, 2023 8:30 AM] Bitcoin, the world’s largest crypto by market cap, is currently under pressure, as it broke the significant $25,000 mark in the last 24 hours. This development has spurred a sense of urgency among traders and market analysts who are bracing…
[Jun 15, 2023 7:00 AM] Bitcoin fell below the $25,000 level for the first time since March, as the Federal Reserve opted to keep rates unchanged. However, to the surprise of many, the Fed also forecasted two further hikes in this current cycle. Ethereum reacted…
[Jun 15, 2023 6:05 AM] The Bitcoin market is once again in turmoil, and the reason is an old acquaintance: no, not the US Federal Reserve, but the worries and rumors about Tether’s stablecoin, USDT. Anyone who has been active in the Bitcoin and crypto market for a…
[Jun 15, 2023 2:00 AM] According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized…
[Jun 15, 2023 12:31 AM] For the first time since mid-March, Bitcoin price dropped below $25,000 as trade volumes decreased and the U.S. Federal Reserve left interest rates untouched based on projections but warned of additional hikes this year to combat inflation. At the…
[Jun 14, 2023 8:51 PM] Bitcoin price started a fresh decline below the $25,500 support. BTC is now at a risk of more losses toward the $24,000 support zone. Bitcoin is gaining bearish momentum below the $25,500 support. The price is trading below $25,500 and the 100…
[Jun 14, 2023 7:05 PM] Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run…
[Jun 14, 2023 9:30 AM] Data shows the Bitcoin sentiment on social media has turned the most negative since the COVID crash, indicating that the bottom could be near. Bitcoin Weighted Sentiment Has Been Negative Recently As an analyst on Twitter pointed out, BTC’s…
[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…
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