[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…
[Jul 10, 2023 12:00 PM] Bitcoin has seen both highs and lows over the past month as various developments in the space put the digital asset’s price into a pull-and-push trend. However, investors have remained undeterred by the cryptocurrency’s movements and have rather…
[Jul 10, 2023 11:00 AM] On-chain data shows the Bitcoin NVT Golden Cross has neared the overvalued zone recently, a sign that a drawdown could be coming. Related Reading: XRP FUD Spikes, Will This Trigger A Price Reversal? Bitcoin NVT Golden Cross Is Near…
[Jul 10, 2023 10:00 AM] Robert F. Kennedy Jr., a candidate for the Democratic presidential nomination, has come forward to clarify that he does, in fact, hold a sizeable quantity of Bitcoin, despite his earlier denial of having a Bitcoin investment during a conference in…
[Jul 7, 2023 5:00 PM] Matrixport, a crypto financial services platform, has always been bullish on Bitcoin, especially in 2023. So its latest prediction for the digital asset comes as no surprise to investors. This time around, Matrixport analysts have predicted that…
[Jul 7, 2023 10:30 AM] Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of innovation, coupled with the volume…
[Jul 7, 2023 9:30 AM] On-chain data shows that Bitcoin short-term holders have continued to make exchange inflows, but the asset’s price has held on so far. Bitcoin Short-Term Holders Make High Deposits For 20 Straight Days According to data from the on-chain…
[Jul 6, 2023 5:00 PM] On Wednesday, an interview with BlackRock CEO Larry Fink went viral in which the CEO called Bitcoin an international asset. Not only that, Fink also pointed toward digital assets such as Bitcoin as being a way to digitize gold on the blockchain…
[Jul 6, 2023 3:30 PM] Institutional interest in cryptocurrencies such as Bitcoin has been increasing in the past few months, with mainstream interest in the cryptocurrency industry. As a result, the largest crypto, Bitcoin, exploded in the first half of 2023, as its…
[Jul 6, 2023 2:30 PM] According to the latest report by Hashrate Index, a website for Bitcoin mining data and metrics, the UAE is now becoming a growing destination for Bitcoin miners, especially in the Middle East. Bitcoin Miners Look For Greener Pastures Bitcoin…
[Jul 6, 2023 12:30 PM] Bitcoin (BTC) has been trading within a narrow range for the past 12 days. Nonetheless, the fact that bulls have held the crucial $30,000 support level is seen as a short-term win for them. Even though BTC has been experiencing sideways trading…
[Jul 6, 2023 11:30 AM] According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic…
[Jul 6, 2023 9:30 AM] Prominent Bitcoin mining company Marathon Digital Holdings has published its Bitcoin production and mining operation update for June 2023. In the report released yesterday, Marathon revealed that its Bitcoin production decreased by 21% from May due…
[Jul 6, 2023 6:37 AM] On-chain data shows that the Bitcoin exchange supply has only continued to decline despite the recent rally that the asset has observed. Bitcoin Exchange Supply Continues To Register Net Decline According to data from the on-chain analytics firm…
[Jul 5, 2023 9:00 PM] If historical Bitcoin price performance leads, one trader is adamant that the coin is at a critical inflection point at spot rates. Based on astronomical patterns and moon arrangement, trading desk QCP Capital believes Bitcoin prices can swing…
[Jul 5, 2023 6:30 PM] The total Bitcoin Options open interest, the number of open call and put orders, recently rose to $14.87 billion on June 30 before falling to $10.74 billion on July 4, on-chain data on July 5 shows. Related Reading: Valkyrie Follows In BlackRock’s…
[Jul 5, 2023 12:00 PM] The dream of a spot Bitcoin exchange-traded fund (ETF) in the US is still yet to become a reality as various investment firms continue to seek approval from the Securities and Exchange Commission (SEC) despite multiple rejections. In a recent turn…
[Jul 5, 2023 6:00 AM] A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a…
[Jul 4, 2023 8:00 PM] Luminex, a Bitcoin Ordinals launchpad, has proposed a new standard called BRC-69, which will allegedly optimize the costs of inscribing on this network. This proposal comes barely a month after Bitcoin Ordinals’ developers introduced recursive…
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