[Sep 12, 2023 5:00 PM] Institution crypto investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than other assets in this regard with outflows dragging total…
[Sep 12, 2023 4:00 PM] Bitcoin (BTC), the leading cryptocurrency, has defied expectations of a steep decline to sub-$20,000 levels and has rebounded to the $26,000 mark, registering a 3.5% gain over the past 24 hours. This resurgence in Bitcoin’s price coincides…
[Sep 12, 2023 10:00 AM] Bitcoin appears to be in the process of forming a death cross currently. Here’s what happened to the asset the last time this pattern emerged. Bitcoin 50-Day MA Is Moving Below The 200-Day MA Right Now As pointed out by an analyst in a post…
[Sep 12, 2023 9:00 AM] A crypto analyst has presented their forecast for where they believe the Bitcoin price will be by the end of 2023. However, the end-of-year (EOY) price prediction is not the only interesting thing that the analyst talks about, with short-term…
[Sep 11, 2023 7:00 PM] The Grayscale Bitcoin Trust (GBTC) share price has again made headlines. Its premium or discount to Bitcoin’s net asset value (NAV), often viewed as an indicator of institutional sentiment towards the cryptocurrency, has displayed a notable…
[Sep 11, 2023 4:00 PM] Bitcoin, the world’s most valuable cryptocurrency, is free-falling, looking at price action on September 11. From the daily chart, BTC is trading at $25,135, a marginal improvement after dropping to H2 2023 lows of $24,951 minutes earlier…
[Sep 11, 2023 1:00 PM] In an interview with CNBC on Monday, David Marcus, former President of Paypal and Head of Facebook Payments, expressed his belief that Bitcoin (BTC) is the universal protocol for money on the internet. He emphasized Bitcoin’s significance as…
[Sep 11, 2023 11:00 AM] On-chain data shows the Bitcoin network saw new addresses crop up at the second-highest rate in history during the past weekend. Bitcoin New Addresses Metric Shot Up During This Past Weekend According to data from the market intelligence platform…
[Sep 11, 2023 10:00 AM] James Howells, a Welsh Bitcoin investor and the man who inadvertently lost $557 million worth of BTC in a flash drive is seeking to file a lawsuit against Newport City Council (NCC) in the United Kingdom for refusing his requests to excavate the…
[Sep 11, 2023 9:00 AM] In times of high congestion, Bitcoin users sending transactions on the network pay high fees to be included in the next block. These fees can reach hundreds of dollars depending on the transaction size, but a user might have broken the record. 20…
[Sep 8, 2023 3:30 PM] For Bitcoin (BTC), the largest cryptocurrency in the market, the month of September has seen a lack of definitive strength from both bulls and bears, resulting in a period of sideways chop and rapid bouts of volatility. Material Indicators, a…
[Sep 7, 2023 7:00 PM] Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance and comparing it to how Bitcoin has…
[Sep 7, 2023 5:30 PM] Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This move is closely tied…
[Sep 7, 2023 11:46 AM] Bitcoin (BTC) has officially dipped below the $26,000 level and is currently trading at $25,800, which coincides with its 200-week Exponential Moving Average (EMA). This EMA has served as a crucial support level, as it played a role in…
[Sep 7, 2023 8:09 AM] The pattern of an on-chain metric may suggest that Bitcoin could see more downside ahead before a rebound is found. Bitcoin STH SOPR Hasn’t Hit The Bottom Zone Yet An analyst in a CryptoQuant Quicktake post explained that the BTC short-term…
[Sep 6, 2023 2:30 PM] The possibility of a Bitcoin spot Exchange Traded Fund (ETF) launching in the US, which has gained much attention over the past months, has again made headlines due to Bloomberg ETF analyst Eric Balchunas’s recent suggestions. According to…
[Sep 6, 2023 10:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset. Bitcoin MVRV Ratio Is Nearing In On The 1.2 Level As an analyst in a CryptoQuant Quicktake post explained, the 1.2…
[Sep 6, 2023 7:00 AM] On-chain data shows the divergence between the Bitcoin long-term holders and short-term holders has grown to record levels recently. Bitcoin Market Has Been Continuing Its Shift Towards HODLing As an analyst in a post on X explained, the gap…
[Sep 5, 2023 7:00 PM] Bitcoin (BTC), the leading cryptocurrency in the market, continues to exhibit a stagnant price movement. However, a notable development has emerged as BTC struggles to sustain consolidation above the critical $26,000 threshold. This could…
[Sep 5, 2023 11:00 AM] On-chain data suggests the $33,700 level could be a very significant level to break for Bitcoin if the historical pattern is anything to go by. Bitcoin 6 Months To 3 Years Old Investors Have $33,700 As Cost Basis In a new post on X, Ali, an…
[Sep 5, 2023 10:00 AM] Bitcoin, the world’s largest cryptocurrency, has had a few progress and setbacks in the past year. This has been reflected in digital asset investment products. However, new data shows that while outflows from digital investment products have…
[Sep 4, 2023 6:00 PM] Renowned crypto expert and market analyst, Doctor Profit, has made bold predictions around Bitcoin (BTC), asserting that the cryptocurrency is poised for a significant bullish rally in the coming months. Despite recent market uncertainties, Doctor…
[Sep 4, 2023 3:00 PM] A fresh perspective on Bitcoin has recently surfaced courtesy of prominent crypto enthusiast and YouTuber Lark Davis. Davis offers an interesting parallel between Bitcoin’s potential fate and gold’s historical performance, especially…
[Sep 4, 2023 10:30 AM] On-chain data shows exchanges have seen net Bitcoin withdrawals during the past three months, the longest streak in the asset’s history. Exchanges See Bitcoin Withdrawals Exceed Deposits For Three Consecutive Months An analyst on X explained…
[Sep 4, 2023 8:30 AM] On-chain data from Santiment suggests that the stablecoin whale supply could be the metric to watch for the likelihood of a Bitcoin bounce. Whale Supply Of Stablecoins Could Hold Key To Bitcoin Rebound In a recent post on X, the on-chain analytics…
[Sep 4, 2023 6:30 AM] The crypto community has been kept at the edge of its seat as the SEC decided to postpone a decision on the 7 Spot Bitcoin ETFs filed over the last few months. During such a pensive time, market analysts have predicted the SEC authorizing a Spot…
[Sep 3, 2023 5:50 AM] The crypto market has lost its sparkle lately, with bitcoin futures trading volume drying up as the flagship cryptocurrency struggles to stay afloat. Bitcoin futures open interest, which measures the buzz around upcoming contracts, has dropped to…
[Sep 2, 2023 8:30 AM] In a recent video by renowned cryptocurrency analyst Benjamin Cowen, ominous predictions for Bitcoin performance in September have emerged. Cowen, known for his data-driven approach to cryptocurrency analysis, shared his insights regarding…
[Sep 2, 2023 7:30 AM] Bitcoin whales, entities holding a substantial portion of the Bitcoin supply, have ignited speculation within the cryptocurrency realm by amassing more than a billion worth of BTC in mere two weeks. Data from crypto analytics firm IntoTheBlock…
[Sep 1, 2023 1:00 PM] The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally wouldn’t last too long. Bitcoin Stablecoins Supply Hasn’t Moved Much Recently An analyst in a CryptoQuant Quicktake post explained that…
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