[Aug 20 4:30 AM] The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service…
[Aug 20 3:30 AM] On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant…
[Aug 19 9:30 PM] In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in…
[Aug 19 5:28 PM] As the Bitcoin price consolidates below the $60,000 threshold, the market has been characterized by a mix of indicators and technical levels, leading to a divided forecast and heightened uncertainty. Mixed Signals Cloud Bitcoin Price Trajectory…
[Aug 19 6:34 AM] Bitcoin price started a fresh decline from the $60,000 resistance zone. BTC is now moving lower and might test the $57,650 support zone. Bitcoin started a fresh decline from the $60,000 resistance zone. The price is trading below $58,800 and the…
[Aug 19 3:26 AM] Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.
[Aug 17 1:00 PM] Following a tumultuous start to the month, the cryptocurrency market has yet to shake off the early August blues. The story has not been very much different for the price of Bitcoin, which struggled to make an impact in the past week. With BTC’s…
[Aug 17 5:30 AM] The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s…
[Aug 16 11:30 PM] According to the latest data from CryptoQuant, bears might be in control of Bitcoin given the asset’s funding rates reaching a negative level across all crypto exchanges, including Binance. For context, funding rates are essential in…
[Aug 16 10:00 PM] An on-chain analyst has explained signals in several metrics to see if Bitcoin is in a bearish phase. These Bitcoin Indicators Could Be To Follow For Bear Market Signals In a new post on X, on-chain analyst Checkmate replied to a user asking about…
[Aug 16 7:00 PM] The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio…
[Aug 16 2:30 PM] Another transfer by the US government of originally seized Bitcoin from the notorious Silk Road has sparked widespread speculation on Wednesday, August 14. Blockchain analytics firm Arkham reported yesterday that 10,000 Silk Road BTC, valued at…
[Aug 16 1:00 PM] A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement. Bitcoin Prints Another…
[Aug 16 9:00 AM] In the latest episode of the podcast “The Bitcoin Layer,” Daniel Batten, a recognized advocate for Bitcoin, discussed the potential impact of sovereign wealth funds (SWFs) on the Bitcoin price, predicting a rise to over $148,000 per BTC…
[Aug 16 6:00 AM] Bitcoin’s (BTC) price continues fluctuating within the $58,000 to $61,000 price range following its recovery from the ‘Black Monday’ crash. However, analysts remain unsure about the next step for the flagship cryptocurrency. Some market…
[Aug 16 4:30 AM] Bitcoin is trading for $59,545, a slight increase of 0.5% in the past 24 hours. Although little, this surge in its price is quite noteworthy as it comes against the backdrop of Bitcoin’s price plunging as low as $57,812 earlier today…
[Aug 16 12:00 AM] Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC…
[Aug 15 10:30 PM] Bitcoin has observed a pullback down to the $58,000 level during the past day. Here’s what could be the cause behind it, according to on-chain data. Exchanges Have Seen A Large Amount Of Tether Withdrawals Recently According to data from the…
[Aug 15 3:00 PM] The Bitcoin price continues to trade sideways, as uncertainties on the macro side have made investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the…
[Aug 15 1:30 PM] Despite the muted performance of Bitcoin in recent months, the 13-F filings for the spot exchange-traded funds (ETFs) paint a bullish picture for the BTC price. Bitwise Chief Investment Officer (CIO) Matt Hougan has shared a recap of the three most…
[Aug 15 10:30 AM] As Bitcoin has become more mainstream, more and more institutions are beginning to hedge their bets with the cryptocurrency. Over the last four years, institutions have grown their holdings exponentially, and the result of this is that these large…
[Aug 15 10:00 AM] The evolvement of Bitcoin has led to Bitcoin’s trajectory being linked to several other markets, whereby the stance of certain markets could hint at where BTC is headed. However, according to the latest data, this phenomenon is changing…
[Aug 15 9:33 AM] The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16.
[Aug 15 9:00 AM] Bitcoin has continued to see a blend of bulls and bears without any major high achieved since its renewed peak above $73,000 in March. So far, the asset has ranged below $60,000 in the past week, as it appears to face resistance whenever it reaches…
[Aug 15 5:58 AM] The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
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