[Jul 24, 2023 8:30 AM] On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation. Bitcoin Sharks Have Continued To Go Up In Number Recently According to data from the on-chain analytics firm…
[Jul 23, 2023 8:00 AM] After over 11 years of inactivity, a dormant Bitcoin address containing $31 million in BTC suddenly came to life recently. On July 22, 2023, the address transferred its entire balance to a new address. Early BTC Address Comes Back To Life Bitcoin…
[Jul 22, 2023 8:20 AM] Bitcoin’s six-year range inside a rising channel has drawn the attention of a curious but optimistic analyst. Previewing the price chart shows that the coin has been in range over the years, capturing all of its volatility. Despite occasional…
[Jul 21, 2023 2:03 PM] An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters. Heather Morgan, who…
[Jul 20, 2023 11:59 AM] Digital asset management platform Blofin has released a report that explores the changing narrative of the cryptocurrency market, focusing on the diverging correlation between Bitcoin (BTC) and Ethereum (ETH). The report suggests that BTC is…
[Jul 20, 2023 7:00 AM] On-chain data shows a Bitcoin indicator is near a crucial retest currently that may decide where the cryptocurrency will go next from here. Which Pattern Will Bitcoin Follow Next: 2016 Or 2019? As pointed out by an analyst in a CryptoQuant post…
[Jul 19, 2023 5:02 PM] Bitcoin, XRP, and Ethereum — three of the cryptocurrency market’s most dominant coins — are about to simultaneously form a 3-day golden cross. This signal is rare, happening only a handful of times in the past in each individual asset. However…
[Jul 19, 2023 1:00 PM] On-chain data shows the Bitcoin exchange inflow towards Binance has spiked during the past day, which may be bearish for the price. Bitcoin Exchange Inflow Has Registered A Large Spike As an analyst in a CryptoQuant post pointed out, a whale has…
[Jul 19, 2023 9:00 AM] A quant has explained how a pattern in the Bitcoin open interest that held during the past month now appears to be broken. Bitcoin Open Interest Is Now Moving Against The Price As explained by an analyst in a CryptoQuant post, the BTC price had…
[Jul 18, 2023 7:00 PM] The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. As of July 18, 2023, BTC is trading at…
[Jul 18, 2023 8:30 AM] Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. Bitcoin…
[Jul 17, 2023 4:19 PM] Bitcoin price is pulling back after a strong finish in the crypto market last week. However, this past Sunday night’s weekend close was also the close of the 4-week BTCUSD chart, which has potentially confirmed a high timeframe continuation…
[Jul 17, 2023 1:00 PM] According to recent findings from blockchain analytics company IntoTheBlock, around 29% of the total Bitcoin circulating supply is now presumed lost forever after remaining stagnant for over five years. Bitcoin was designed to be scarce, with only…
[Jul 17, 2023 9:30 AM] On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner Reserve Has Been Declining In The Last Two Weeks As pointed out by an analyst in a…
[Jul 17, 2023 3:19 AM] A record 592,000 Bitcoin, or roughly $17.8 billion, was accumulated when the coin was trading at $30,200, recent Glassnode data indicates. At this accumulation rate, suggesting possible demand, more entities bought more coins at the second fastest…
[Jul 13, 2023 6:12 PM] Bitcoin is flirting with $32,000 per coin, XRP just posted a 100% intraday rally, and suddenly cryptocurrency prices are green again. The sudden change is all part of a possible perfect storm brewing — one that leads to a dramatic recovery and new…
[Jul 13, 2023 8:00 AM] On-chain data shows the Bitcoin “Market Value to Realized Value” (MVRV) is at a critical level currently. Will a bullish breakout take place? Bitcoin MVRV Ratio Is Retesting The 1.5 Level Right Now As pointed out by an analyst in a…
[Jul 13, 2023 3:00 AM] Mike Novogratz, founder of Galaxy Digital Holdings Ltd., recently gave his views about Bitcoin’s future and the anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US, providing a glimpse into what might be in store for the…
[Jul 12, 2023 3:00 PM] Bitcoin mining is a topic that keeps popping up recently on the news concerning the crypto industry. And Vanguard, one of the world’s largest investment firms, has joined in on the action, as it has increased its stake in Bitcoin mining stocks to…
[Jul 12, 2023 1:00 PM] A significant development has emerged in the ongoing saga surrounding the defunct criminal online marketplace Silk Road. On-chain data suggest that a massive amount of funds tied to the marketplace is on the move, with more than 9,000 Bitcoin (BTC)…
[Jul 12, 2023 12:00 PM] Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently According to data from the analytics firm…
[Jul 11, 2023 9:00 PM] Bitcoin continues to dominate the market as it struggles to find a continued surge in price. In its latest weekly report, crypto exchange Bitfinex highlighted a key part of Ark Invest’s report to show growing support from strong holders and…
[Jul 11, 2023 5:00 PM] New data from Kaiko on July 11 indicates that the correlation between Bitcoin and the Nasdaq Composite Index is at a two-year low. The correlation coefficient between these two assets dropped to less than 1% in early July. At this level, it is at…
[Jul 11, 2023 10:00 AM] Data from Glassnode reveals that the structure of the current Bitcoin rally is looking similar to the genesis points of historical uptrends. Bitcoin Recovery Since November Lows Is Reminiscent Of Past Rallies In its latest weekly report, the…
[Jul 11, 2023 5:00 AM] Standard Chartered, one of the world’s leading banks, has raised its long-term Bitcoin price forecast, predicting that the value of the flagship cryptocurrency could reach $120,000 by the end of 2024. This upward revision comes as the bank…
[Jul 11, 2023 4:00 AM] Hamburg-based Berenberg Capital Markets recently highlighted the upcoming Bitcoin halving event as a potential trigger for the bullish case of Microstrategy, a United States-based software firm, in a recent research note. The research note…
[Jul 10, 2023 7:00 PM] The price of Bitcoin is stuck at its current levels as bulls and bears fight for control. The number one cryptocurrency by market cap experienced some gains in the past weeks, but volatility across the board declined, leading to the current…
[Jul 10, 2023 6:00 PM] Bitcoin (BTC) has been consolidating below the mid-point of the 2021-22 cycle at $30,000, with some on-chain activity metrics cooling off while others, such as money transfer volumes, are picking up. This suggests positive momentum and growing…
[Jul 10, 2023 4:19 PM] Bitcoin price is showing resilience in the face of adversity and is up nearly 100% from bear market lows. However, it has yet to show signs of an undeniable bull market as it has in the past. That’s because of just one missing ingredient…
[Jul 10, 2023 1:00 PM] A crypto analyst on Twitter expects altcoin prices to be muted in the second half of 2023. Data indicate that the fate of altcoins and the possibility of an “alt season” is highly dependent on the performance of Bitcoin. Being the…
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