[Aug 23, 2023 6:30 AM] Bitcoin price has been trading sideways in the past weeks, significantly declining from the $29,000 support. This bearish pattern spread panic among traders but has not deterred miners. Instead, Bitcoin mining participants appear to have increased…
[Aug 23, 2023 1:45 AM] As the Bitcoin market navigates the choppy waters around $26,000, there are several metrics to keep an eye on. After hitting a low of $25,374 yesterday, the bulls have managed to push the price back up, although the market remains in a vulnerable…
[Aug 23, 2023 12:25 AM] Bitcoin price is closely linked to several financial assets, but there are different reasons for its correlation with certain precious metals and stocks.
[Aug 23, 2023 12:12 AM] "Sharp upticks in short-term holder supply in loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week," one observer said.
[Aug 22, 2023 11:00 PM] Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial…
[Aug 22, 2023 9:28 PM] Bitcoin price remained strong above the $25,500 zone. BTC could soon attempt a recovery wave above the $26,500 resistance zone in the near term. Bitcoin is still consolidating above the $25,500 support zone. The price is trading near $26,050 and…
[Aug 22, 2023 8:00 PM] Crypto exchange Binance has had a tough few months in terms of market news and pressure from regulatory bodies. Just a few days ago, Binance lost another payment processing partner after Checkout.com terminated its contract with the crypto…
[Aug 22, 2023 7:00 PM] The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail…
[Aug 22, 2023 6:01 PM] This year has been marked by significant volatility across the crypto market, including for Bitcoin, which has seen both gains and losses over the course of the year. Just a month ago in the middle of July, Bitcoin crossed over $30,000 and many…
[Aug 22, 2023 2:00 PM] Will Bitcoin observe a repeat of the rebound that took place after the crash back in March? Here’s what this on-chain metric suggests. Bitcoin Short-Term Holder SOPR Is Showing A Pattern Similar To March As an analyst in a CryptoQuant post…
[Aug 22, 2023 10:30 AM] This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar…
[Aug 22, 2023 9:00 AM] After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have…
[Aug 22, 2023 8:40 AM] An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the recent revelation, some speculations and theories…
[Aug 22, 2023 8:00 AM] The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand…
[Aug 22, 2023 8:00 AM] Unchained, a leader in financial services tailored for bitcoin holders, has seen a 170% upsurge in loans backed by bitcoin from the first quarter to the second quarter of 2023, according to a press release sent to Bitcoin Magazine. The company also…
[Aug 22, 2023 7:13 AM] Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%. Bitcoin…
[Aug 22, 2023 6:30 AM] The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain…
[Aug 22, 2023 5:15 AM] Market observers are closely eyeing the tussle between Bitcoin and its altcoin counterparts. Bitcoin’s dominance, a critical indicator of its market influence relative to the entire crypto market, has reached a pivotal crossroads. This…
[Aug 22, 2023 4:11 AM] Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.
[Aug 22, 2023 1:34 AM] After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply…
[Aug 21, 2023 9:26 PM] Bitcoin price is struggling to recover above the $26,500 level. BTC could gain bearish momentum if there is a move below the $25,600 support. Bitcoin is struggling to recover above the $26,500 resistance zone. The price is trading below $26,400 and…
[Aug 21, 2023 6:00 PM] Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has explained that bitcoin appears similar to the stock market in 1930. At that time, elevated equity prices led to the stock market losing almost 90%. The crash of 1929…
[Aug 21, 2023 4:00 PM] The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level has resulted in a decline to $26,000. Interestingly, Bitcoin’s recent…
[Aug 21, 2023 2:51 PM] Bitcoin price just experienced one of its fastest and sharpest corrections in over a year, dropping 10% in a matter of minutes. The mass liquidations and panic from the selloff caused BTCUSD daily charts to reach the most oversold level since the…
[Aug 21, 2023 1:00 PM] Volatility is back for the Bitcoin price and the crypto market, but it currently favors the bears as value tumbles in the past few days. The nascent sector was moving sideways, but a liquidation cascade forced prices into critical support levels…
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