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Bitcoin MPI Forms Death Cross, End of The Rally?

[Oct 2, 2023 12:00 PM] On-chain data shows the Bitcoin Miners’ Position Index (MPI) has formed a death cross recently, a sign that the asset’s rally may end. Bitcoin MPI Has Formed A Bearish Crossover Recently As pointed out by an analyst in a CryptoQuant…

Bitcoin Surge Above $27,000 May Not Last, Here’s Why

[Sep 29, 2023 8:00 AM] Bitcoin has broken back above the $27,000 level during the past day, but if on-chain data is to go by, this surge may not last for long. Bitcoin Investors Are Taking Profits At Highest Rate In 3 Months According to data from the on-chain analytics…

Bitcoin Bearish Signal: Long-Term Holders Deposit To Exchanges

[Sep 27, 2023 11:00 AM] On-chain data shows that Bitcoin long-term holders are making deposits to exchanges currently, something that could be bearish for the price. Bitcoin Exchange Inflow CDD Has Spiked Recently As explained by an analyst in a CryptoQuant Quicktake…

Spot Bitcoin ETF: US Lawmakers Jump In With Demands For The SEC

[Sep 27, 2023 6:00 AM] Lawmakers in the United States have finally put their foot down and demanded that the US SEC Chairman approve Grayscale’s spot Bitcoin ETF proposal “immediately.” US Congress Imposes Spot Bitcoin ETF Immediate Approval A group of four members of…

Early Rejection Of 21Shares Spot Bitcoin ETF Sparks Concerns

[Sep 27, 2023 2:00 AM] The US Securities and Exchange Commission’s (SEC) early delay of the ARK 21Shares Spot Bitcoin ETF application has raised concerns in the crypto community about what this move might mean for the potential launch of any Spot Bitcoin ETF this year…

Bitcoin Price Up 30% Versus Ethereum, New 2023 Lows Incoming?

[Sep 26, 2023 7:00 PM] Bitcoin price is up 30% versus Ethereum (ETH) in 2023, and bulls appear not to be slowing down, looking at the performance in the weekly chart. BTC is on the brink of pushing ETH lower at spot rates, registering new 2023 lows and extending gains…

Bitcoin Mining Now Most Sustainably-Powered Global Industry: Data

[Sep 26, 2023 11:00 AM] Data shows that the Bitcoin mining sector has become the most sustainably-powered global industry, as more than 50% of it uses clean energy. Majority Of Bitcoin Mining Industry Uses Clean Energy Sources One of the main criticisms against BTC is…

How An ‘Inconsequential’ Mistake Saw Bitcoin Crash To $8,000

[Sep 22, 2023 1:00 PM] Bitcoin is known to be a very volatile digital asset as its price is often wont to rise and fall unexpectedly, and sometimes without a clear reason. One of these instances of the digital asset flash-crashing was back in 2021 when the price of…