[Feb 23, 2023 2:00 PM] On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant…
[Feb 23, 2023 8:40 AM] This Bitcoin on-chain indicator may suggest why the $24,750 price level is an important resistance for the cryptocurrency. Bitcoin Adjusted Realized Price Is Currently Valued At Around $24,750 The relevant indicator here is the “realized…
[Feb 23, 2023 7:30 AM] Data from Santiment shows that crypto market assets have now started to enter into the “overbought” territory, but they aren’t yet in the danger zone. Crypto Assets Are Slightly Overbought Right Now, According To MVRV As per data…
[Feb 23, 2023 7:30 AM] Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is…
[Feb 23, 2023 7:03 AM] The Bitcoin price has fallen back below the $24,000 level, while the US Dollar Index (DXY) has reached a seven-high. After BTC managed to defend the key support of $23,867 in the 1-day chart yesterday, the bulls now need to prove their strength…
[Feb 22, 2023 9:15 PM] Bitcoin price tested the $23,600 zone and started a decent increase. BTC must clear the $24,500 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is slowly moving higher above the $24,000 resistance zone. The price is trading…
[Feb 22, 2023 6:08 PM] Bitcoin price is at local resistance, brushing up against the death cross of the 50 and 200-day moving average, and is exhibiting other potentially bearish signals. However, bears should beware that while price has yet to do anything dramatic, the…
[Feb 22, 2023 3:30 PM] With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued…
[Feb 22, 2023 10:30 AM] On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the cryptocurrency. USD Coin Shark And Whale Addresses Have Declined Recently According to data from the on-chain analytics firm…
[Feb 22, 2023 7:30 AM] Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting…
[Feb 22, 2023 6:50 AM] Small cap altcoins have continued to perform the best out of all the indexes recently, while Bitcoin has accumulated the least returns. All Altcoin Indexes Managed To Outperform Bitcoin Recently According to the latest weekly report from Arcane…
[Feb 22, 2023 4:00 AM] After Bitcoin failed to break through the key resistance at $25,200 over the past week, the price is currently on a downward slide. At press time, BTC broke through the $24,000 level to the downside and initially found support at $23,867. After a…
[Feb 21, 2023 8:37 PM] Bitcoin price failed again to clear the $25,000 resistance. BTC is moving lower and might soon test the $23,000 support zone. Bitcoin is still facing many hurdles near the $25,000 resistance zone. The price is trading below $24,400 and the 100…
[Feb 21, 2023 3:20 PM] Bitcoin price is experiencing a slight pullback to retest former resistance potentially flipped as support. If the top cryptocurrency by market cap holds the level and moves up from here, it will continue to follow a fractal pattern that has…
[Feb 21, 2023 11:30 AM] On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were…
[Feb 21, 2023 9:30 AM] Data from this on-chain metric is currently forming a pattern that can suggest the “buy the dip” mentality is returning to the Bitcoin market. Bitcoin aSOPR (7-Day EMA) Bounced Off The 1 Line Recently As per the latest weekly report…
[Feb 21, 2023 7:30 AM] Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the…
[Feb 20, 2023 9:04 PM] Bitcoin price is attempting an upside break above the $25,000 resistance. BTC could gain pace and rally if it settles above the $25,000 resistance zone. Bitcoin is struggling to clear the key $25,000 resistance zone. The price is trading below…
[Feb 20, 2023 6:26 PM] It’s a bird! It’s a plane! It’s a SuperTrend buy signal on the total crypto market cap chart, as calculated by TradingView! Find out exactly what this signal means and what has happened in the past when it has appeared. Why The SuperTrend Matters
[Feb 20, 2023 6:00 PM] Despite Bitcoin’s significant upside trend in the past month, not everything is as green as it seems. According to data from crypto analytics firm, Glassnode, Bitcoin whales, which reached a significant peak in 2021, have plummeted to lows last…
[Feb 20, 2023 12:00 PM] Bitcoin, the world’s most secure blockchain by hash rate, has been growing its sustainable energy mix at a rate of 6.2% over the last two years, David Batten, a ClimateTech venture capitalist, notes in a tweet posted on February 20…
[Feb 20, 2023 8:30 AM] A quant has cautioned that a Bitcoin bull market may still be too soon to call, as this on-chain indicator is yet to meet the proper conditions. Bitcoin Long-Term Holder SOPR (SMA 14) Has Still Not Crossed Above 1 According to an analyst in a…
[Feb 20, 2023 7:30 AM] Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee)…
[Feb 20, 2023 5:30 AM] On-chain data shows the 7-day moving average (MA) Bitcoin Puell Multiple has hit a 14-month high recently. Here’s what it may mean for the market. Bitcoin 7-Day MA Puell Multiple Has Risen Above 1 Recently As pointed out by an analyst in a…
[Feb 19, 2023 9:33 PM] Bitcoin price is correcting lower below the $24,500 level. BTC could decline towards the $23,500 support before it starts a fresh increase in the near term. Bitcoin is slowly moving lower below $24,500 and $24,000. The price is trading below…
[Feb 19, 2023 7:57 AM] Litecoin (LTC) has peaked to a new all-time high. Litecoin, with over 950,000 followers, happily announced via Twitter that Litecoin’s hashrate surpassed 887 TH/s on February 15, 2023, spotted at block 2,423,170. Here’s a quick look at how…
[Feb 18, 2023 8:00 AM] Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.
[Feb 18, 2023 6:30 AM] Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was…
[Feb 17, 2023 8:20 AM] Bitcoin price already cleared one of the most-anticipated levels which was $25,000. The cryptocurrency was eventually beaten back down from this level but it has set a precedent for the whole of the crypto market. But more importantly, it seems…
[Feb 17, 2023 7:30 AM] Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also…
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