Bitcoin Faces Headwinds as ETF Optimism Stalls; DOGE, SOL Give Back Gains
[Nov 21, 2023 4:11 AM] Ether (ETH) lost 0.5%, while dogecoin (DOGE) and solana (SOL) slumped as much as 5% as traders likely took profits.
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Bitcoin About To Smash The $38,000 Barrier – Decoding the Next Moves
[Nov 21, 2023 3:20 AM] Bitcoin (BTC) price reclaimed $37,000 on Monday as the crypto market started the week strongly and with investors regaining confidence in the market. On-chain analysis identifies the key reasons that could propel BTC prices higher this week…
Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO
[Nov 21, 2023 2:15 AM] The potential approval of a spot Bitcoin ETF in the United States has stirred considerable attention in recent weeks. Dan Morehead, CEO and founder of Pantera Capital, has now shared valuable insights on this matter in his latest “Blockchain…
Bitcoin Price Uptrend To Continue? These Factors Could Spark Fresh Surge
[Nov 20, 2023 9:12 PM] Bitcoin price is showing positive signs above the $37,000 resistance zone. BTC seems to be eyeing an upside break above the $38,000 resistance zone. Bitcoin started a fresh increase and climbed above the $37,000 zone. The price is trading above…
Clear Skies: Why Bitcoin Overhead Resistance Is Weak
[Nov 20, 2023 5:00 PM] Bitcoin price is only at $37,500 — a far cry from former all-time highs around $68,000. However, one visual technical analysis tool could show that overhead resistance is weak, and that the top cryptocurrency could rip right through what’s left…
Crypto Market Expert Identifies The Trigger For 600% Bitcoin Price Surge
[Nov 20, 2023 2:00 PM] In a recent analysis, a crypto market expert has discovered key elements that could trigger a massive surge in the Bitcoin price. Crypto Expert Reveals Bitcoin Price Surge Catalyst Head of Research at CoinShares, James Butterfill has published an…
Bitcoin ETF Hype: Bloomberg Intelligence Envisions $100 Billion Market If Regulatory Approval Granted
[Nov 20, 2023 10:00 AM] As Bitcoin (BTC) continues its upward trajectory toward $38,000, the long-awaited arrival of a US spot Bitcoin exchange-traded fund (ETF) could open the floodgates of digital currency investing for institutional and retail investors. Notably…
Machine Learning Algorithm Predicts 17.66% Rise In Bitcoin Price, Here’s The Target
[Nov 20, 2023 8:00 AM] The machine learning algorithm at CoinCodex has taken a crack at the Bitcoin price and predicted where the asset’s price could be both over the short term and the very long term. If the predictions are anything to go by, then the price of Bitcoin…
Argentina Welcomes First Pro-Bitcoin President, BTC Price Surges Above $37,000
[Nov 20, 2023 4:45 AM] In a historical moment for both the nation and the crypto community, Argentina has ushered in a new era by welcoming its first-ever pro-Bitcoin President. Argentina Elects Pro Bitcoin President On November 19, Argentina released the results of its…
Bitcoin Price Regains Strength As The Bulls Aim For $40K
[Nov 19, 2023 9:07 PM] Bitcoin price started a fresh increase above the $37,000 resistance zone. BTC could accelerate higher once there is a clear move above the $37,350 resistance. Bitcoin started a fresh increase from the $35,500 support zone. The price is trading…
Failed Bearish Signal Could Send Bitcoin To $85K Next Month
[Nov 18, 2023 10:05 AM] Bitcoin recently gave a bearish signal, which ultimately failed to produce a meaningful pullback. Due to the technical failure, historical data suggests that in only a matter of a month BTCUSD could set a new all-time high and reach a target of…
CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs
[Nov 17, 2023 4:00 PM] In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price. The report addresses the critical question of how much…
Is $40,000 Next? Unpacking 4 Reasons Behind Bitcoin’s Emerging Rally
[Nov 17, 2023 12:00 PM] The Bitcoin price rally is losing strength as the cryptocurrency returns to its support levels following weeks of bullish momentum. In the short term, the landscape seems sloped to the downside, but an analyst presented the main reasons why the…
Bitcoin HODLers Grows As Significant Supply Remains Locked
Options Frenzy: Bitcoin Rally To $37,000 Sparks Explosive Open Interest Surge
[Nov 17, 2023 5:45 AM] An apparent increase in demand for safe-haven assets, rising interest in Bitcoin ETFs in the US, and anticipation of a more accommodating position from the Federal Reserve were the purported drivers of the cryptocurrency market’s recovery…
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
[Nov 17, 2023 1:37 AM] Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks.
AVAX, NEAR Beat Ether and Bitcoin as Wall of Red Continues in Asia
[Nov 16, 2023 10:54 PM] AVAX is up 8% in the last 24 hours, while bitcoin is trading below $36,500.
Bitcoin Price Signals Bearish Pattern, Why BTC Could Drop Another 5%
[Nov 16, 2023 9:43 PM] Bitcoin price again failed to clear the $38,000 resistance zone. BTC is likely forming a double top and might decline toward the $34,500 support. Bitcoin started a fresh decline from the $38,000 resistance zone. The price is trading below $36,750…
Bitcoin Open Interest Tops 19-Month High: Historical Data Shows What To Expect
[Nov 16, 2023 4:00 PM] The Bitcoin open interest can often be an indication of where the BTC price might be headed next depending on whether or not the metric is rising or falling. This time around, the Bitcoin open interest has risen drastically, hitting 19-month highs…
Bitcoin Bulls Are Back! Latest Signal Confirms Bullish Trend is Brewing
[Nov 16, 2023 10:00 AM] Those burned by the last big Bitcoin bull run are rightfully skeptical that another one is here so soon. However, a trend strength indicator is now confirming the existence of a new bullish trend emerging. Are bulls finally back in control over…
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
[Nov 16, 2023 10:00 AM] The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Bitcoin NVT Remains Bullish, All-Clear Signal For Rally?
[Nov 16, 2023 8:00 AM] On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is above the bear zone, implying the recent price growth might have been healthy. Bitcoin NVT Ratio Has Remained Outside Red Since October According to data from the on-chain…
Crypto Market Cap To $25 Trillion: Cathie Wood Reveals The 2 Coins To Buy
[Nov 16, 2023 8:00 AM] Cathie Wood, CEO of Ark Invest, has reiterated her bullishness on the crypto industry. In a recent interview with CNBC’s “Squawk Box,” Cathie Wood argued that the crypto industry is poised to reach a $25 trillion valuation, given a regulatory…
Bitcoin Price Soars To $38,000: 5 Major Reasons
[Nov 16, 2023 2:20 AM] The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the…
As Bitcoin Nears $38,000, This Analyst Says ‘The Good Times Are Here’
[Nov 15, 2023 11:53 PM] Bitcoin proponents have reason to be merry as the alpha coin has gracefully ascended to a promising valuation of nearly $38,000 as of late Wednesday, reclaiming its throne with the highest value seen in the last 12 months. Bitcoin bounced back…
Bitcoin Price Rallies 5% and Seems Primed To Clear the $38K Hurdle
[Nov 15, 2023 9:45 PM] Bitcoin price restarted its increase from the $34,650 support. BTC is up over 5% and now attempting a move above the $38,000 resistance zone. Bitcoin started a fresh rally from the $34,650 support zone. The price is trading above $36,500 and the…
Bitcoin Defies Global Market Trends: Negative Correlation Hits Pre-Pandemic Levels
[Nov 15, 2023 3:00 PM] So far, Bitcoin has demonstrated a unique trajectory over the past weeks, distinct from broader financial movements. While global markets have been riding buoyancy, with investors embracing a more risk-on attitude following softer US inflation…
Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
[Nov 15, 2023 2:30 PM] Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing…
Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month
[Nov 15, 2023 1:00 PM] On-chain data shows exchanges have registered Bitcoin deposits of about $1.2 billion in the past month. Bitcoin Exchange Supply Has Seen A Significant Increase In The Past Month As explained by analyst Ali in a new post on X, exchanges have seen…
If Your Bitcoin Wallet Is A Product Of The 2016 Technology, You Could Be In Trouble – Here’s Why
[Nov 15, 2023 12:00 PM] Is your Bitcoin wallet shackled by the outdated chains of 2016 technology? Brace yourself, for trouble may be lurking in the shadows, ready to pounce on the unsuspecting. In the fast-paced realm of cryptocurrency, your digital fortress could be…