US Government Transfers 40,000 Bitcoin, Will It Affect The Price?
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Bitcoin Price Faces Rejection And It’s Vulnerable to a Drop Below $22K
[Mar 7, 2023 9:28 PM] Bitcoin price is moving lower below the $22,200 level. BTC could take a hit if there is a close below the $22,000 support zone in the near term. Bitcoin is showing bearish signs below the $22,500 resistance zone. The price is trading below $22,250…
This Quarterly Bitcoin Signal Suggests A Big Move Is Coming In March
[Mar 7, 2023 6:37 PM] Bitcoin price action has historically been abysmal in March. Although seasonality suggests not to expect very much this month, a quarterly bullish crossover could result in a massive move up before the month is over. Bitcoin Quarterly Recurrence…
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
[Mar 7, 2023 9:45 AM] The firm's revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022.
Bitcoin Backpedals To $22,000 Region Amid Worries About Silvergate
[Mar 7, 2023 8:29 AM] Key on-chain measures provided resistance throughout the first week of March, thus dampening the excitement of Bitcoin traders. Over the course of the previous week leading up to the beginning of February, Bitcoin (BTC) had been trading at roughly…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony
Bitcoin Price Recovery Could Soon Fade If ETH Fails To Surpass $23K
[Mar 6, 2023 9:19 PM] Bitcoin price is attempting a recovery wave above the $22,250 resistance. BTC is rising, but it might face hurdles near the $23,000 resistance zone. Bitcoin is attempting a recovery wave above the $22,250 resistance zone. The price is trading above…
[Mar 6, 2023 7:06 PM] Bitcoin price is still stuck in the low $20K region, but has opened with a bullish crossover of a high timeframe momentum tool. In the past, the signal brought a minimum of a 1,000% return on investment. Here is a closer look at previous signals…
This Bitcoin Metric Is Forming A ‘Triple Bottom,’ Here’s What Happened Last Time
[Mar 6, 2023 1:30 PM] On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an…
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
[Mar 6, 2023 8:30 AM] It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten…
Exchanges See Large Stablecoin Inflows, What Does It Mean For Bitcoin?
[Mar 6, 2023 8:20 AM] On-chain data shows exchanges have observed large stablecoin inflows recently. Here’s what this may mean for the price of Bitcoin. Stablecoin Exchange Netflow Has Shown A Positive Spike Recently As pointed out by an analyst in a CryptoQuant…
Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week
[Mar 6, 2023 7:30 AM] Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also…
Bitcoin Price Facing An Inflection Point? What Analysts Say
[Mar 6, 2023 6:10 AM] The Bitcoin price is currently at an inflection point. While some analysts are predicting another price drop towards $20,000 or even lower, other analysts are currently talking about a buying opportunity. In this article, we have compiled the…
Bitcoin Price Turns Red Below $23K, What Could Trigger A Sharp Decline
[Mar 5, 2023 9:13 PM] Bitcoin price found support near $22,000 and started a consolidation phase. BTC is trading in a range and facing many hurdles near $22,600. Bitcoin is struggling to gain pace for a move above the $22,800 resistance zone. The price is trading below…
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
[Mar 4, 2023 11:00 AM] As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Losses to Start the Weekend
Digital Assets Under Management 5.25% Higher in February — Grayscale Still ‘Most Dominant Player’
[Mar 4, 2023 2:30 AM] The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of…
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
[Mar 3, 2023 4:30 PM] On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as…
Bitcoin (BTC) And Ethereum (ETH) Fall 4% Amid Silvergate Fallout
[Mar 3, 2023 9:30 AM] Crypto assets such as Bitcoin and Ethereum have always been known to be impacted by the news, and the latest news today that resulted in a plummet in the market is the Silvergate fallout. This news has caused a sharp decline in two of the largest…
Bitcoin’s Decline To $22,000 Triggers Second-Largest Liquidation Trend In 2023
[Mar 3, 2023 8:30 AM] Over the last 24 hours, Bitcoin has seen a drastic decline in price. The digital asset’s value fell by over $1,200 in the space of one hour, dragging it back down to the $21,000 territory for the first time in almost one month. As a result…
Stacks (STX) Holds 9% Gains On Weekly Chart As Top Coins Nosedive
[Mar 3, 2023 7:35 AM] Stacks (STX) is among the weekly gainers as top coins prices, like Bitcoin and Ethereum, surrender to the ongoing onslaught in the crypto market. Currently, only a few are sustaining their weekly and monthly gains. As for STX, the token has…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
[Mar 3, 2023 7:30 AM] Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt…
Bitcoin Funding Rate Turns Negative, Short Squeeze Incoming?
[Mar 3, 2023 5:35 AM] Bitcoin saw its biggest long squeeze in four months at the start of the trading day in Hong Kong today, which briefly sent the price below $22,000. Within the last 24 hours, a total of over $73 million in longs were liquidated, and over $200…
Bitcoin Price Crashes Below $22,000, These Are The Reasons
[Mar 3, 2023 1:45 AM] In the last few hours, the Bitcoin price has experienced the most violent crash since the collapse of FTX. The BTC price crashed by $1,300 within an hour and briefly fell below $22,000. Remarkably, the price drop occurred with the start of the…
Bitcoin Price Plunges 5% After Rejection and Now At Risk of Move To $21K
[Mar 2, 2023 9:43 PM] Bitcoin price declined sharply after another rejection near $23,650. BTC is now consolidating above $22,000 and remains at a risk of more downsides. Bitcoin is down over 5% and there was a sharp reaction from the $23,650 resistance zone. The price…
Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
[Mar 2, 2023 8:20 PM] The price of BTC has fallen a steep 5% in 60 minutes in the early hours of Mar. 3, wiping $22 billion from Bitcoin's market cap.
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1
[Mar 2, 2023 6:35 PM] A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs.
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
[Mar 2, 2023 4:30 PM] On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is…
Forget The Past, This “Future” Bitcoin Golden Cross Could Revive Bulls
Decline In Bitcoin Whale Activity Could Signal Further Downside For BTC Price
[Mar 2, 2023 11:00 AM] Over the last month, the price of bitcoin has been in a decline. This comes after a fairly bullish month of January where prices of the digital asset returned to pre-FTX collapse levels. But while momentum has hit a roadblock, signaling that the…