148 / 180 Relevant items tagged with #Btc
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Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
Bitcoin Plunges Below $27,000 As Miners Show Signs Of Selling
[May 19, 2023 7:36 AM] Bitcoin has now dipped below the $27,000 level as on-chain data shows the miners have possibly been selling the asset recently. Bitcoin Miner Reserve Has Taken A Sharp Plummet Recently As pointed out by an analyst in a CryptoQuant post, miners have…
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000, Ahead of Powell Speech
[May 19, 2023 6:30 AM] Bitcoin once again fell below the $27,000 level on Friday, ahead of a panel discussion which includes Fed Chair Jerome Powell. Powell will be holding a discussion with former Chair Ben Bernanke at a conference in Washington. Ethereum was marginally…
Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $27,500
[May 18, 2023 8:43 PM] Bitcoin price is struggling below $27,500. BTC is now at risk of a downside break unless there is a close above the $27,500 resistance. Bitcoin started another decline and traded below the $26,800 level. The price is trading below $27,200 and the…
Whale Alert: 1,750 Bitcoin (BTC) Moved To Exchange, Massive Plunge Incoming?
Bitcoin Binary CDD Stays Low, Here’s What This Means
[May 18, 2023 12:00 PM] On-chain data shows the Bitcoin Binary Coin Days Destroyed (CDD) has stayed low recently. Here’s what this says about the current market. Bitcoin Binary CDD Has Remained At Very Low Levels Recently According to data from the on-chain…
This Bitcoin Support Line Is Still Active, Bullish Signal?
[May 18, 2023 11:00 AM] On-chain data shows the cost basis of the 1-3 months old Bitcoin investors has continued to provide support to the price recently. Bitcoin Has Once Again Bounced Off This Support Line As pointed out by an analyst in a CryptoQuant post, if this line…
Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks
[May 18, 2023 7:37 AM] Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. Biden reportedly met with Republican House Speaker Kevin McCarthy, in a bid to find an agreement. Ethereum…
Bitcoin Bullish Signal: Whales Accumulate 84,897 BTC
[May 18, 2023 5:00 AM] On-chain data shows the Bitcoin whales have accumulated 84,897 BTC during the last five weeks, something that could be bullish for the price. Bitcoin Whales Have Been Growing Their Holdings Recently According to data from the on-chain analytics…
Bitcoin Price Close Above $28K Could Spark A Fresh Rally
[May 17, 2023 8:05 PM] Bitcoin price is rising above $27,200. BTC might gain bullish momentum if it clears the key $28,000 resistance zone in the coming sessions. Bitcoin is moving higher above the $27,000 and $27,200 levels. The price is trading above $27,000 and the…
Citadel Strikes Back: Sues Crypto Executives Over Trading Secrets
[May 17, 2023 1:41 PM] Per a recent report, hedge fund and market maker behemoth Citadel is suing two former executives. The individuals identified as Leonard Lancia and Alex Casimo broke off from the company to start a high-frequency trading firm called Portofino…
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
[May 17, 2023 6:30 AM] Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out…
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
[May 17, 2023 6:00 AM] The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
This Bitcoin Metric Is At A Crucial Junction, Will Bulls Find Victory?
[May 16, 2023 4:00 PM] On-chain data shows a Bitcoin indicator is currently retesting a crucial level that could decide the direction the market takes from here. Bitcoin Short-Term Holder SOPR Has Plunged To A Value Of 1 As pointed out by an analyst in a CryptoQuant…
3 reasons why Lido DAO price jumped 40% in a week — Outperforming Bitcoin, Ethereum
[May 16, 2023 9:04 AM] LDO price is well-positioned to gain another 50% by June based on a classic bullish reversal setup after Lido DAO rebounds 40%.
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
[May 16, 2023 8:30 AM] On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still…
The Aura Around PEPE Isn’t Good For The Market, Especially Bitcoin – Here’s Why
[May 16, 2023 7:25 AM] Pepecoin (PEPE) has been exhibiting a surprising level of calm in its price movement lately. However, contrary to what many may assume, this could be a red flag for Bitcoin (BTC) and the entire cryptocurrency market. According to a Bloomberg…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Retail Sales Data
[May 16, 2023 6:30 AM] Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum…
Bitcoin Price Analysis: Here’s What’s Holding Back A Rally To $30,000
[May 16, 2023 1:35 AM] The Bitcoin price remains in a crucial situation in which neither the bulls nor the bears have been able to gain the upper hand so far. While the bears feel comfortable that they can push the price below $25,000 due to a perceived head and…
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
[May 15, 2023 9:32 PM] Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the…
Bitcoin Active Addresses Sharply Decline Despite Transaction Demand, Why?
[May 15, 2023 9:00 PM] Data shows that Bitcoin active addresses have sharply dropped despite the high transaction demand; here’s why this may be happening. Bitcoin Active Addresses Have Seen A Sharp Plunge Recently According to the latest weekly report from…
Bitcoin Price Just Saw Key Technical Correction But 100 SMA Is Still Strong
[May 15, 2023 8:23 PM] Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction. The price is trading above…
Bitcoin Price Double Fractal Points To “Extended” Parabolic Rally
[May 15, 2023 5:01 PM] Bitcoin price seems to merely be grinding upwards, with a dusting of chop in between. What corrections have arrived have been minimal, and are shockingly similar in both time and price. This fractal behavior could be a sign of an important Elliott…
Bitcoin Price Outlook for May
[May 15, 2023 2:30 PM] Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected…
Bitcoin Reclaims $27,000, Here Are The Factors Driving The Recovery
[May 15, 2023 2:00 PM] Bitcoin began another recovery trend over the weekend and has been on a bullish path since. This follows last week’s incredible bearish movement which saw the digital asset drop below the $26,000 mark for the first time in over a month…
Has Bitcoin Rally Already Hit Top? Here’s What Puell Multiple Says
[May 15, 2023 1:20 PM] On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant…
Why Are Bitcoin And Crypto Up Today?
[May 15, 2023 9:00 AM] The price of Bitcoin has risen by 2% over the past 24 hours. After nine consecutive red daily candlesticks, the price of BTC finally posted a green daily candlestick yesterday (Sunday). However, analysts are divided as to whether Bitcoin will now…
Bitcoin Miners Continue To Sell, Bearish Sign?
[May 15, 2023 8:30 AM] On-chain data shows that Bitcoin miners have continued to sell recently, something that could be bearish for the cryptocurrency’s price. Bitcoin Miners Have Been Shedding Their Reserves Recently As pointed out by an analyst in a CryptoQuant…
Stablecoins Interest Spikes As Traders Look To Exit Market
[May 15, 2023 7:25 AM] Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the…