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…
Rate Hikes On The Horizon, Will It Doom Bitcoin Below $20,000?
[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…
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
[Mar 7, 2023 12:30 PM] Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions…
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders
[Mar 7, 2023 9:00 AM] FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that…
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
These 5 Cryptos Are Set To Break The Bears’ Backs This Week
[Mar 7, 2023 4:09 AM] The bears are in full swing as of writing, as major cryptos bleed. According to CoinMarketCap, the crypto market shed 0.3% in the past 24 hours in total valuation. Popular cryptos like Bitcoin and Ethereum suffered corrections, pulling the entire…
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
[Mar 7, 2023 3:51 AM] Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme
[Mar 6, 2023 9:30 PM] The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor…
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…
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
[Mar 6, 2023 4:26 PM] BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?
[Mar 6, 2023 4:00 PM] Bitcoin (BTC) bulls have withstood the selling pressure that pushed the price below $23,000 last week. As BTC holds above the previous trench of $22,000, there’s another concern for the bulls as the days go by. Mt. Gox payments are…
Price analysis 3/6: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
[Mar 6, 2023 3:30 PM] Stock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take.
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents
[Mar 6, 2023 1:30 PM] The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a…
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…
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
Bitcoin traders eye $19K BTC price bottom, warn of 'hot' February CPI
[Mar 6, 2023 9:47 AM] It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8.
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…
BTC price 'in the chop zone' — 5 things to know in Bitcoin this week
[Mar 6, 2023 3:47 AM] BTC price keeps traders and analysts in the dark as a week of macro triggers dawns, while Bitcoin network fundamentals plan new all-time highs.
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…
EOS, STX, IMX and MKR show bullish signs as Bitcoin searches for direction
[Mar 5, 2023 2:08 PM] BTC price is attempting to stage a recovery, while EOS, STX, IMX and MKR are beginning to flash bullish signals.
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
[Mar 5, 2023 12:30 PM] Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past…
Bitcoin price faces 'last stand' as weekly close threatens $22K retest
[Mar 5, 2023 7:55 AM] Bitcoin bulls have a lot to do preserve newly-won support, but failure to do so could still see a BTC price cascade below $20,000, research warns.
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…