[Aug 1, 2023 2:30 PM] Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an…
[Aug 1, 2023 1:30 PM] In his recent report, Charles Edward, a prominent crypto market analyst, released an update on the state of the Bitcoin (BTC) market. The report highlights the continuation of the downtrend for Bitcoin, which has been losing its key support, the…
[Aug 1, 2023 1:25 PM] Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve taken all previous instances of extreme lows and…
[Jul 31, 2023 1:00 PM] Bitcoin (BTC) has been trading in a tight range for quite some time now, with bulls and bears engaged in a tug-of-war over key support and resistance levels. The recent move above $29,500 has provided some hope for the bulls, but so far, they have…
[Jul 31, 2023 10:00 AM] For an industry that rarely gets mainstream political support, Bitcoin recently received a massive endorsement after Democratic Presidential candidate Robert F. Kennedy spoke out in support of the cryptocurrency. According to RFK, arguments against…
[Jul 31, 2023 7:40 AM] On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near future. Stablecoin Sharks & Whales Have Been Accumulating Recently According to data from the on-chain…
[Jul 31, 2023 12:55 AM] Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the…
[Jul 28, 2023 1:00 PM] A Stanford MBA has explained why the current Bitcoin cycle was different from the others, and why the next one could end up being bigger. This Bitcoin Cycle Faced Obstacles That May Not Be There Next Time A “cycle” for Bitcoin refers to…
[Jul 28, 2023 12:00 PM] It would appear that Bitcoin whales are shifting their BTC into exchanges at an alarming rate, which is a warning that they may be getting ready to liquidate their holdings. Recent on-chain data shows that Bitcoin whale exchange deposits reached…
[Jul 28, 2023 11:00 AM] Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long
[Jul 28, 2023 9:00 AM] Bitcoin has continued to stagnate recently as another recovery move has failed to prosper. So here’s an indicator that may hint when a break could happen. Bitcoin Rally May Not Resume Until The Stablecoin Market Cap Goes Up Around the start…
[Jul 28, 2023 7:00 AM] Bitcoin (BTC) has continued to occupy center stage, drawing varied reactions from different financial pundits. One of these voices is billionaire investor Mike Novogratz, who has yet again reiterated his support for the top cryptocurrency despite…
[Jul 28, 2023 6:00 AM] ARK Invest CEO and crypto proponent Cathie Wood says that Bitcoin is set to grow massively as a store of value following the recent bank collapses. She believes that Bitcoin’s stability and a huge rally in the wake of US regional banks collapsing…
[Jul 27, 2023 2:00 PM] On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising “three key ECB interest rates” by 25 basis points (BPS) in a move similar to the one taken by the United States Federal Reserve. The US Federal…
[Jul 27, 2023 1:36 PM] Bitcoin, the world’s largest cryptocurrency by market cap, has traded at or near $30K per coin for the better part of 2023. Throughout the year, an uptrend channel has formed that is currently still holding. If support remains unbroken, it could…
[Jul 27, 2023 8:00 AM] Bitcoin may be at a decision point right now as investor sentiment is exactly neutral. Which way will the market tip in the coming days? Bitcoin Fear & Greed Index Suggests Market Is Neutral A few days back, Bitcoin had observed a sharp plunge…
[Jul 27, 2023 5:00 AM] Bitcoin (BTC) has shown much resilience in the wake of the US Federal Reserve announcing a 25 basis points hike in the Federal Funds Rate (FFR) on Wednesday. Based on data from CoinMarketCap, the premier cryptocurrency is up by 0.78% in the last 24…
[Jul 26, 2023 6:00 PM] The Federal Reserve’s (Fed) decision to raise the Federal Funds Rate (FFR) by 25 basis points to 5.50%, the highest level since February 2021, had little impact on the cryptocurrency market and Bitcoin (BTC), with the event described as “very…
[Jul 26, 2023 5:00 PM] The Bitcoin halving is arguably the most important event for the blockchain due to its function. As such, it has played a significant role in when the crypto bull market starts and how long it lasts in most cases. Although there have been slight…
[Jul 26, 2023 1:00 PM] The Bitcoin price has been underwhelming in the past few days, reflecting the current state of the cryptocurrency market. On Monday, July 24, investors watched the price of the premier cryptocurrency retreat beneath the $30,000 mark again. …
[Jul 26, 2023 9:00 AM] On-chain data shows that the Bitcoin exchange supply has only continued to slip further recently despite the price drop to the $29,200 that BTC has observed. Bitcoin Exchange Supply Has Declined To Just 1.17 Million BTC Now According to data from…
[Jul 25, 2023 2:00 PM] Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in…
[Jul 25, 2023 12:50 PM] Data shows the Bitcoin Coinbase Premium Gap has turned negative recently, a sign that large US-based investors may be selling currently. Bitcoin Coinbase Premium Gap Has Remained Near Neutral For A While Now As pointed out by an analyst in a…
[Jul 25, 2023 7:30 AM] The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the…
[Jul 25, 2023 4:00 AM] As the year 2023 continues to unfold, Bitcoin’s retreat below the pivotal $30,000 mark raises questions about the overall strength and stability of the cryptocurrency market. Once, the crypto market held a significant lead over traditional…
[Jul 24, 2023 9:00 PM] Bitcoin (BTC) continues to dominate the cryptocurrency market, as exchange balances have dropped to levels last seen in early 2018. This signals a growing trend of investors moving their Bitcoin holdings to cold storage, which is considered to be…
[Jul 24, 2023 7:00 PM] On July 24, 2023, Coinglass data revealed that over $41 million worth of Bitcoin long and short leveraged positions were liquidated as the BTC prices unexpectedly crashed below a consolidation level of around $29,500, shrinking by over 4%. The drop…
[Jul 24, 2023 6:36 PM] Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a…
[Jul 24, 2023 6:00 PM] Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a sharp decline recently, mirroring the broader decline in the cryptocurrency market. This has led to concerns among Bitcoin bulls, who closely monitor the…
[Jul 24, 2023 3:30 PM] On-chain data shows an additional 5.9% of the total Bitcoin supply has entered into losses as the cryptocurrency’s price has plummeted to $29,200 today. Bitcoin Supply In Profit Has Declined To 70.4% After Today’s Price Plunge According…
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