[Mar 10, 2023 7:18 AM] Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, which could decide how aggressive the Federal…
[Mar 10, 2023 7:00 AM] Bitcoin has slipped under the $20,000 level today for the first time in two months. Here’s why this plunge may have taken place, according to on-chain data. Bitcoin Price Dropped With Coinbase Premium Turning Negative As pointed out by an…
[Mar 10, 2023 5:57 AM] Bitcoin and the broader crypto market took a hit over the last day, leading to bitcoin falling below $20,000 for the first time in two months. This decline was followed by a tremendous plunge in investor sentiment. The sharp decline saw sentiment…
[Mar 9, 2023 9:47 PM] Bitcoin price declined over 8% and tested the $20,000 support. BTC might correct higher, but upsides might be limited above the $21,200 zone. Bitcoin down over 8% and there was a spike below the $20,000 support. The price is trading below $21,000…
[Mar 9, 2023 5:48 PM] Today, Bitcoin price lost over 6% of its value in mere hours as the top cryptocurrency by market retested the key level of $20,000 per coin. Why is this level especially critical? And more importantly, will this symbolistic line in the sand drawn…
[Mar 9, 2023 3:50 PM] On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney…
[Mar 9, 2023 9:30 AM] Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to…
[Mar 9, 2023 9:23 AM] Can Ripple pull off a win against the SEC? XRP price has been seeing moderate gains despite a general cryptocurrency market pullback.
[Mar 9, 2023 8:30 AM] On-chain data shows the Bitcoin miner reserve has observed a decline recently, a sign that may be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down In Recent Days As pointed out by an analyst in a CryptoQuant…
[Mar 9, 2023 7:30 AM] Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin…
[Mar 9, 2023 7:30 AM] In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. Naturally, this led to a swift…
[Mar 9, 2023 2:03 AM] The year 2022 has been an extremely hard period for investors and traders who wanted to join the crypto bandwagon. Last year saw high profile crypto companies collapsing completely, sending waves across the market and wiping off billions of dollars…
[Mar 8, 2023 9:37 PM] In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities.
[Mar 8, 2023 8:46 PM] Bitcoin price broke the key $22,000 support zone. BTC is showing bearish signs and might decline further towards $20,500 or even $20,000 in the near term. Bitcoin is gaining bearish momentum below the $22,000 support zone. The price is trading…
[Mar 8, 2023 6:30 PM] Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the…
[Mar 8, 2023 2:25 PM] The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience.
[Mar 8, 2023 12:27 PM] Data from CryptoQuant suggests that Bitcoin miners might, after all, not care about price and all the fear, uncertainty, and doubt (FUD) in recent days. Bitcoin Miners Are Not Selling According to CryptoQuant’s Miners’ Position Index…
[Mar 8, 2023 9:00 AM] On-chain data shows Bitcoin MVRV is approaching a crucial retest currently. Here’s what a successful liftoff could mean for the crypto’s price. Bitcoin MVRV Ratio Is Nearing Its 100-Day EMA Line As pointed out by an analyst in a…
[Mar 8, 2023 7:30 AM] Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially…
[Mar 8, 2023 7:00 AM] Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain…
[Mar 8, 2023 3:15 AM] The Bitcoin price is under heavy pressure due to fears of “sticky” inflation and yesterday’s ultra-hawkish comments from U.S. Federal Reserve (Fed) chairman Jerome Powell. At press time, BTC was trading just above $22,000 and…
[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…
[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…
[Mar 7, 2023 2:14 PM] Bitcoin continues to trade sideways as volatility in the market’s most prominent cryptocurrency diminishes. Bitcoin has successfully held the $22,000 support level, although it did suffer a dip below $22,000 that was quickly bought by the…
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