[Apr 10, 2023 5:00 AM] On-chain data shows the Bitcoin circulation rate has continued to be low recently, something that may be bad news for the current BTC rally. Bitcoin Circulation Has Remained Low Despite Recent Price Surge According to data from the on-chain…
[Apr 10, 2023 3:15 AM] For the seventh time in the last three weeks, Bitcoin has been rejected at the resistance area of $28,600. Analysts are therefore divided on whether the Bitcoin price is on the verge of another capitulation or whether the bears are running out of…
[Apr 9, 2023 9:22 PM] Bitcoin price started a fresh increase above the $28,000 resistance. BTC must clear $28,500 and $28,800 resistance levels to continue higher. Bitcoin climbed higher and was able to test the $28,550 resistance zone. The price is trading above…
[Apr 8, 2023 6:30 AM] Bitcoin was back above $28,000 on Saturday, as markets continued to react to the latest nonfarm payrolls (NFP) report. Figures released on Friday showed that 236,000 jobs were added to the U.S. economy last month. Ethereum was also back in the…
[Apr 7, 2023 2:45 PM] After weeks of going nowhere, Bitcoin price is gearing up for a massive move. Buckle up, because we are going to show you why, according to the Bollinger Bands, BTC is about to blow. Crypto Market Goes Calm After A Q1 2023 Comeback Bitcoin has…
[Apr 7, 2023 10:00 AM] Data shows the Bitcoin Korea Premium Index has taken a negative value recently, something that could lead to a drawdown in the asset’s price. Bitcoin Korea Premium Index Has Declined Into Negative Values Recently As pointed out by an analyst…
[Apr 7, 2023 8:00 AM] On-chain data shows Bitcoin loss-taking transaction volume has spiked recently. Here’s why this could turn out to be bullish for the asset’s price. Bitcoin Loss-Taking Volume Has Been More Than The Profit-Taking One Recently According…
[Apr 7, 2023 6:30 AM] Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data…
[Apr 7, 2023 1:30 AM] The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are…
[Apr 6, 2023 8:57 PM] Bitcoin price started a consolidation phase below the $28,800 resistance. BTC is struggling and might face heavy selling interest above $28,500 and $28,800. Bitcoin is slowly moving lower and trading well below the $28,800 resistance zone. The…
[Apr 6, 2023 5:00 PM] The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2022 after its sister company Genesis Trading filed for bankruptcy. However, it has seen a better start to the year 2023 as it continues to…
[Apr 6, 2023 2:00 PM] The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, are slowing down after weeks of trending to the upside. The market seems on the verge of a major move as prices consolidate and move sideways, but what can operate as…
[Apr 6, 2023 11:30 AM] On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The…
[Apr 6, 2023 7:30 AM] Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum…
[Apr 6, 2023 5:30 AM] The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many…
[Apr 6, 2023 2:45 AM] Raphael Zagury, chief investment officer at Swan Bitcoin, has developed a new BTC pricing model that currently calculates a fair price of $387,823 in a base case. Zagury calls it Schrödinger’s Coin Model and bases the valuation of Bitcoin on…
[Apr 5, 2023 9:13 PM] Bitcoin price failed to clear the $28,800 resistance. BTC is correcting gains, but downsides might be limited below the $27,550 support zone. Bitcoin started a downside correction after it failed to clear the $28,800 resistance zone. The price is…
[Apr 5, 2023 9:00 AM] On-chain data shows a large amount of Bitcoin sitting dormant since between 5 and 7 years ago has moved recently, a sign that may be bearish for the price. 5+ Years Old 1,005 BTC Has Been Recently Moved On The Bitcoin Blockchain As pointed out by…
[Apr 5, 2023 7:06 AM] Michael Saylor has done it again. MicroStrategy announced today that it has increased its Bitcoin holdings by another 1,045 BTC. With that, the company owned by the perma-bull Saylor has now broken through the 140,000 Bitcoin threshold…
[Apr 5, 2023 7:00 AM] Bitcoin broke out of a resistance level of $28,500 on April 5, as crypto markets continued to react to economic data from the United States. Job openings in the U.S. fell below 10 million for the first time since 2021, which comes as employers…
[Apr 4, 2023 9:56 PM] Bitcoin price is consolidating gains below the $28,800 resistance. BTC must clear $29,000 to start a fresh rally and clear the $30,000 resistance zone. Bitcoin is showing positive signs above the $28,000 support zone. The price is trading above…
[Apr 4, 2023 6:02 PM] Bitcoin price is currently trading at $28,000, seemingly unable to fall lower thanks to overwhelming buying pressure. The lack of pullbacks could be due to a “super” technical tool indicating that almost all important resistance has been flipped to…
[Apr 4, 2023 11:30 AM] After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin…
[Apr 4, 2023 8:00 AM] Bitcoin may be able to break the $33,000 mark in the current rally if this historical pattern of an on-chain indicator is anything to go by. Bitcoin Realized Price-To-Liveliness Ratio Has A Value Of $33,200 Currently According to the latest weekly…
[Apr 4, 2023 7:00 AM] Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe that it holds any inherent value. Now, more often than not, Schiff has always been wrong about…
[Apr 4, 2023 6:30 AM] Ethereum surged to an eight-month high on Tuesday, as bulls began to gradually return to cryptocurrency markets. As the session matured, the global market cap moved higher, and is up by 1.27% at the time of writing. Bitcoin moved closer to a key…
[Apr 4, 2023 4:56 AM] While the Bitcoin price has failed to sustainably advance into the $29,000 region since mid-March, several altcoins are currently experiencing a strong rally. Bitcoin dominance has risen to as high as 46.5% in recent weeks, but is currently seeing…
[Apr 4, 2023 2:00 AM] The founder of Capriole Investments, Charles Edwards, has shared in his latest tweet an assessment that Bitcoin is still significantly undervalued at its current price. The creator of the Hash Ribbons indicator and one of the leading publishers of…
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