[Jan 7, 2023 7:30 AM] Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum…
[Jan 6, 2023 1:46 PM] A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support.
[Jan 6, 2023 1:00 PM] On-chain data shows the Bitcoin exchange depositing transactions are now at a 4-year low, indicating that the bottom may be here. Bitcoin 30-Day MA Exchange Depositing Transactions Have Declined As pointed out by an analyst in a CryptoQuant post…
[Jan 6, 2023 12:00 PM] The Bitcoin price has struggled below $17,000 for multiple weeks now, and it recently dipped below the $16,900 mark. This downward move on the Bitcoin chart could be attributed to the recent Federal Open Market Committee (FOMC) minutes. The minutes…
[Jan 6, 2023 9:36 AM] A hint of BTC price volatility accompanies non-farm payrolls and unemployment figures, with the U.S. dollar dropping to favor Bitcoin bulls.
[Jan 6, 2023 9:27 AM] Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support. In the meantime, altcoins are…
[Jan 6, 2023 9:06 AM] The Bitcoin price has been making a slight recovery on its chart. Although the coin has been consolidating over the past few weeks, BTC has been attempting to make an upward movement. Over the last 24 hours, the coin has registered a 0.6%…
[Jan 6, 2023 9:00 AM] On-chain data shows a large amount of old Bitcoin supply has moved in the last few days, something that could be bearish for the crypto’s price. Bitcoin Supply Older Than 2 Years Showed Movement In The Past Week As pointed out by an analyst…
[Jan 6, 2023 7:20 AM] One concern for Bitcoin investors has taken a back seat in recent weeks and months amid macroeconomic headwinds and crypto-intrinsic contagion effects: the release of recovered BTC from Mt Gox. Originally, users of what was once the largest Bitcoin…
[Jan 5, 2023 10:05 PM] Bitcoin analysts are following up on BTC price trends as the 2022 bear market drags into the beginning of 2023. The crypto market is slightly recovering from the FTX fiasco that caused most of the crypto assets to plunge. According to a famous…
[Jan 5, 2023 7:46 PM] Bitcoin price started a downside correction from the $17,000 resistance. BTC found support near $16,750 and might soon attempt an upside break above $17,000. Bitcoin is showing bullish signs above the $16,600 and $16,750 levels. The price is…
[Jan 5, 2023 11:30 AM] According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor…
[Jan 5, 2023 10:00 AM] A quant has broken down how the Bitcoin MVRV MACD oscillator could be used to check for signals in the price. Bitcoin MVRV MACD Oscillator As Price indicator As explained by an analyst in a CryptoQuant post, this metric can help detect both the…
[Jan 5, 2023 9:16 AM] Bitcoin (BTC) is back to its range after a failed attempt to reclaim previously lost territory, with a likelihood of seeing further losses. The crypto market has seen a weak price action in 2023, but BTC has been notably more fragile than other…
[Jan 5, 2023 8:30 AM] A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund…
[Jan 5, 2023 7:30 AM] Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with…
[Jan 5, 2023 7:30 AM] Renowned crypto firm Arcane Research has issued a warning to Bitcoin (BTC) and Ethereum (ETH) investors in light of the escalating events surrounding Digital Currency Group (DCG), Genesis, and Grayscale. In an article by analyst Vetle Lunde, the…
[Jan 5, 2023 4:00 AM] The Bitcoin price has responded to yesterday’s release of the FOMC Minutes with a brief bounce to $16,990, only to revert back to the previous range of around $16,800 shortly after, within 30 minutes. And this trend could continue in the…
[Jan 4, 2023 7:35 PM] Bitcoin price climbed higher above the $16,800 resistance. BTC could rise further if it clears the $17,000 and $17,050 levels. Bitcoin is slowly moving higher above the $16,800 and $16,850 resistance levels. The price is trading above $16,700 and…
[Jan 4, 2023 5:00 PM] Bitcoin is still stalling in terms of its price movement and has not made any significant jumps in the past couple of weeks. However, there could be a change in the trajectory of the digital asset in the coming weeks as the Bitcoin MVRV Ratio could…
[Jan 4, 2023 2:34 PM] With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, the ex-chief financial officer has…
[Jan 4, 2023 1:00 PM] On-chain data shows the Bitcoin inflows to Coinbase have spiked recently, a sign that may turn out to be bearish for the crypto. Bitcoin Exchange Inflows To Coinbase Register High Values As pointed out by an analyst in a CryptoQuant post, a total…
[Jan 4, 2023 9:07 AM] Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and…
[Jan 4, 2023 8:41 AM] The Bitcoin price is finally seeing some profits, but it seems weak compared to other crypto assets. The macroeconomic environment is waking up, shaking things across all asset classes. As of this writing, the Bitcoin price trades at $16,800 with…
[Jan 4, 2023 8:00 AM] On-chain data shows the Bitcoin open interest RSI is currently forming a pattern that can lead to a short-term correction in the asset’s value. Bitcoin Open Interest 14-Day RSI Has Been Climbing Up Recently As pointed out by an analyst in a…
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