[Jul 3, 2023 8:18 AM] Bitcoin has risen by almost 80% in the first six months of 2023. However, as has been the case in the past, the cryptocurrency has experienced periods of stagnation before making any significant moves. This has resulted in a consolidation phase…
[Jul 3, 2023 6:30 AM] On-chain data shows that Bitcoin sharks and whales have continued to accumulate recently, something that could help the rally go parabolic this month. Bitcoin Sharks & Whales Have Continued To Add To Their Holdings According to data from the…
[Jun 30, 2023 5:00 PM] Bitcoin had been trending over $31,000 for the better part of Friday after reclaiming this support level from the bears. However, this did not last long as the digital asset saw a flash crash that sent its price spiraling toward the $29,000 level…
[Jun 30, 2023 12:00 PM] The US Securities and Exchange Commission (SEC) has reportedly told exchanges Nasdaq and Cboe that recent filings for spot Bitcoin (BTC) exchange-traded funds (ETFs) from asset managers including BlackRock and Fidelity were not “clear and…
[Jun 29, 2023 4:11 PM] Still recording some green on small timeframes, the price of Bitcoin has remained above $30,400. Despite the recent selling pressure across the sector, the support around this level held, providing bulls a chance to fight back. As of this writing…
[Jun 29, 2023 10:00 AM] Bitcoin’s (BTC) recent performance has been a source of concern for its investors, as the world’s largest cryptocurrency struggles to maintain its upward trajectory. While the currency recently recorded a 12-month high slightly above…
[Jun 29, 2023 9:00 AM] The crypto community is currently in a state of constant speculation as renowned analyst Willy Woo sets forth a prediction suggesting Bitcoin could potentially scale up to a price of $310,000 under a specific set of circumstances. Woo’s…
[Jun 29, 2023 6:00 AM] Data shows the stablecoin market cap has returned toward equilibrium and may be gearing up for a reversal. Here’s how Bitcoin could benefit from this. Aggregate Stablecoin Market Cap Change Has Returned To Equilibrium According to data from…
[Jun 29, 2023 4:00 AM] In consideration of recent developments, a bill has been introduced to evaluate the feasibility of establishing a state-administered depository for cryptocurrencies, positioning North Carolina as the custodian of its Bitcoin and virtual asset…
[Jun 28, 2023 7:00 PM] Bitcoin (BTC) has again taken center stage in the cryptocurrency market as institutional interest surges. This interest has been spurred by major financial giants such as BlackRock, Fidelity, and Ark Invest, who have applied with the U.S…
[Jun 28, 2023 4:57 PM] Bitcoin is known for its explosive price movements — both bullish and bearish. However, Relative Strength Index data suggests the top cryptocurrency by market cap has gone the longest stretch ever without a bullish impulse. Just how long has it…
[Jun 28, 2023 4:34 PM] Spurred by the recent flood of spot Bitcoin ETF applications from Blackrock and Fidelity among others, Bitcoin vaulted impressively up to the $30,000 area where its momentum has stalled in recent sessions. While many analysts and traders routinely…
[Jun 28, 2023 2:30 PM] Over the past 30 days, the popularity of the term “bitcoin” has surged significantly, as indicated by Google Trends metrics. On June 21, 2023, the search term bitcoin achieved a perfect score of 100. Notably, the curiosity surrounding…
[Jun 28, 2023 2:00 PM] MicroStrategy, a publicly traded software company, has once again invested heavily in Bitcoin, adding another 12,333 BTC to its already substantial holdings. The purchase, which was announced by the company’s former CEO Michael Saylor, cost…
[Jun 28, 2023 11:00 AM] On-chain data shows the Bitcoin exchange inflows of the short-term holders have intensified recently as the asset’s rally has come to a halt. Bitcoin Short-Term Holders Are Showing Elevated Exchange Inflows According to data from the on-chain…
[Jun 28, 2023 10:00 AM] The cryptocurrency industry has experienced a significant downturn in the last 18 months due to concerns about high inflation and its impact on finances. However, there is evidence of increasing institutional adoption of Bitcoin (BTC) amid these…
[Jun 28, 2023 7:00 AM] Data from Glassnode shows the Bitcoin correlation to Gold and Silver has taken a plunge toward cyclical lows recently. Bitcoin Correlation With Gold & Silver Has Now Turned Negative According to data from the on-chain analytics firm Glassnode…
[Jun 28, 2023 6:00 AM] In the fast-paced world of Bitcoin mining, recent unusual activity has caught the attention of cryptocurrency watchers. Particularly, a surge in exchange interactions has been observed, with Bitcoin miners sending a record amount to exchanges…
[Jun 27, 2023 9:00 PM] Bitcoin (BTC) failed to break through the $31,500 resistance level and has since retreated to a range between $30,300 and $30,800 in the past few days. The cryptocurrency has also been unable to reclaim the $31,000 territory, leading some to…
[Jun 27, 2023 7:30 PM] According to Google Trends data, interest in Bitcoin is heading to historic lows as of June 27. In a screenshot shared by a Twitter user, organic searches related to “Bitcoin” have dropped in the last six months. Google Trends is a free tool that…
[Jun 27, 2023 6:19 PM] A reptilian technical signal is back in Bitcoin, and it has started to feast upon a new uptrend, according to how the tool works. Take a closer look below at the one-week BTCUSD Williams Alligator, and learn more about what it says about the king…
[Jun 27, 2023 1:30 PM] Financial market titan Fidelity is reportedly preparing to throw its hat into the Bitcoin exchange-traded fund (ETF) ring. An insider source reveals that the asset management colossus is in the advanced stages of preparing a filing for a spot…
[Jun 27, 2023 8:30 AM] Data shows bearish sentiment has spiked among Bitcoin holders, something that could actually work in the favor of the asset’s price. Social Media Users Have Turned Bearish On Bitcoin As explained by the analytics firm Santiment, traders have…
[Jun 26, 2023 5:00 PM] The month of June is quickly drawing to an end and although the price of Bitcoin is maintaining a bullish streak, it is still sitting well below expectations. However, all hope is not lost as the market moves into the month of July which has…
[Jun 26, 2023 6:30 AM] The Lightning Network, Bitcoin’s Layer 2 payment protocol, has achieved a new landmark, reaching an all-time high in Bitcoin capacity, a pivotal move underscoring the network’s continued growth and increased adoption. The network, which…
[Jun 26, 2023 5:30 AM] On-chain data shows that the Bitcoin exchange whale ratio has taken a plunge recently. Here’s why this may be bullish for the asset’s price. Bitcoin Exchange Whale Ratio Has Registered A Sharp Decline Recently As pointed out by an…
[Jun 24, 2023 1:34 PM] The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the…
[Jun 23, 2023 4:00 PM] As the world of crypto continues to evolve, traders and analysts are closely monitoring the Bitcoin (BTC) charts for clues about future price movements. Among them, the popular analyst known as Credible Crypto has shared his insights, predicting a…
[Jun 23, 2023 3:00 PM] Bitcoin, the leading cryptocurrency by market capitalization, seems to have entered a phase of consolidation above the $30,000 mark following a notable surge of over 10% on Tuesday. While the price movement has generated a lot of interest among…
[Jun 23, 2023 1:00 PM] On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has bounced back into the profit zone with the latest rally above $30,000. Bitcoin SOPR Has Successfully Retested 1.0 Support Line According to data from the on-chain analytics firm…
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