[Aug 31 12:30 AM] As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts…
[Aug 30 11:00 PM] On-chain data shows the Bitcoin supply sitting on exchanges has reached a new low for the year as investors continue to withdraw their coins. Bitcoin Exchange Reserve Has Been Riding A Downtrend Recently As explained by an analyst in a CryptoQuant…
[Aug 30 9:30 PM] Bitcoin (BTC), after briefly reclaiming the $61,000 price mark yesterday has now fallen below it continuing its bearishness as of today. Amid this negative price action, the asset’s hash price, a key metric reflecting miners’…
[Aug 30 9:10 PM] On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with…
[Aug 30 8:30 PM] Bitcoin’s failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around?
[Aug 30 6:37 PM] Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity.
[Aug 30 4:40 PM] After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday…
[Aug 30 3:30 PM] Data shows the Bitcoin Open Interest on exchanges has been heading up while the Funding Rate has turned negative recently. Bitcoin Open Interest Trend Suggests Speculators Are Back As pointed out by CryptoQuant community manager Maartunn in a new…
[Aug 30 2:00 PM] Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.
[Aug 30 12:12 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 30 11:00 AM] With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much…
[Aug 30 10:48 AM] Bitcoin hashprice, when compared to BTC price action, is reminiscent of conditions that preceded the 2020 breakout to new all-time highs.
[Aug 30 10:39 AM] Bitcoin’s crabwalk could extend into September as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure.
[Aug 30 9:30 AM] Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit…
[Aug 30 7:46 AM] U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
[Aug 30 7:30 AM] In a breakdown of Bitcoin’s current market dynamics, prominent crypto analyst Dan Gambardello, in his latest video titled “Bitcoin Must Do This Now,” addressed his 368,000 followers on YouTube regarding the critical resistance…
[Aug 30 2:40 AM] Bitcoin price remained stable above the $58,500 support zone. BTC is struggling and could only start a steady increase if it clears $61,500. Bitcoin is struggling to rise above the $60,200 and $61,500 resistance levels. The price is trading below…
[Aug 30 2:00 AM] Bitcoin has recently shown signs of recovery, reclaiming the $61,000 level after a brief but sharp decline earlier this week. This bounce back in price has sparked renewed interest among the crypto community, with many closely watching for the next…
[Aug 30 12:30 AM] As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a…
[Aug 29 11:00 PM] Bitcoin price action despite being wobbly in the past days, is still being discussed by analysts. Earlier today, a CryptoQuant analyst turned the spotlight to the Bitcoin’s NVT Golden Cross, a metric that has been known to signal potential…
[Aug 29 9:15 PM] A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to…
[Aug 29 5:00 PM] Institutional investors are gradually giving more attention to XRP. The digital asset is marking its place next to Bitcoin and Ethereum. According to a recent survey by EY-Parthenon, more than 20% of the world’s institutional decision-makers…
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