[Apr 3, 2023 5:38 PM] Bitcoin price is trading around $28,000, holding relatively stable after a large move upward in Q1 2023 from 2022 lows. Not only is a new quarter beginning, but BTCUSD has entered its most bullish month in its history, according to data. Historical…
[Apr 3, 2023 11:30 AM] On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has plunged recently; here’s why this may be bullish for the price. Bitcoin SOPR Observed A Deep Plunge In Recent Days As an analyst in a CryptoQuant post pointed out, many…
[Apr 3, 2023 6:30 AM] Bitcoin started the week consolidating above the $28,000 level, as markets prepare for a big week of U.S. economic data. The headline will be this Friday’s nonfarm payrolls, which are expected to fall to 238,000 jobs. Ethereum remains above…
[Apr 3, 2023 3:10 AM] The Bitcoin price plunged 2.2% at the beginning of the trading session in Asia, but managed to hold the important support at $27,700. However, a breakout of the US Dollar Index (DXY) could mean another pullback for the Bitcoin price in the…
[Apr 2, 2023 8:17 PM] Bitcoin price is correcting lower from the $28,800 zone. BTC might gain bearish momentum if there is a clear move below the $27,500 support. Bitcoin started another decline from the $28,800 resistance zone. The price is trading below $28,500 and…
[Apr 2, 2023 7:30 PM] While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than…
[Apr 1, 2023 11:30 AM] According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this…
[Apr 1, 2023 9:30 AM] According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last…
[Apr 1, 2023 6:30 AM] Bitcoin was back in the green on Saturday, as prices moved close to the $29,000 level to start the weekend. Following a volatile session on Friday, cryptocurrency markets were mostly higher entering April. Ethereum moved back above the $1,800…
[Mar 31, 2023 4:44 PM] Bitcoin price is trading above $28,000, only roughly $4,000 away from doubling in value since the most recent low. The recent changes in market structure in BTCUSD could indicate a new uptrend is taking form. Find out why below. Bitcoin Price Forms…
[Mar 31, 2023 2:30 PM] In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside…
[Mar 31, 2023 2:00 PM] Bitcoin is experiencing a non-stop rally while trading sentiment moves from fear to greed with each new level conquered. While many are still waiting for a price drop to jump into the action, others have rushed into the market fueling the current…
[Mar 31, 2023 8:30 AM] A Bitcoin on-chain pattern that signaled the end of the bear market during the last three instances has formed once again recently. Bitcoin Short-Term Holder Realized Price Is Now Above That Of Long-Term Holders As pointed out by an analyst on…
[Mar 31, 2023 7:30 AM] Bitcoin is still struggling to hold $28,000 and has been pushed down below the support level once more. But this has not deterred investors who continue to remain highly positive toward the digital asset. This is evident in the fact that crypto…
[Mar 31, 2023 6:30 AM] Bitcoin was once again trading below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. The University of Michigan releases its monthly consumer sentiment report, which is expected to come in lower than…
[Mar 30, 2023 8:22 PM] Bitcoin price spiked higher above the $29,000 level. BTC corrected lower and is currently consolidating above the $28,000 pivot level. Bitcoin gained pace above the $28,500 resistance but upsides were limited. The price is trading above $28,000 and…
[Mar 30, 2023 1:09 PM] Bitcoin (BTC) rose over $28,000 on Thursday, rallying over 15% in the past two weeks. Mark Connors, 3IQ head of research, is attributing the most popular cryptocurrency‘s rise to the uncertainty in the banking sector.
[Mar 30, 2023 12:45 PM] Regardless of the market’s condition, Bitcoin (BTC) options contracts worth roughly $4 billion will expire by Friday. According to past option contracts expiration, this huge amount could impact the Bitcoin market significantly over the…
[Mar 30, 2023 9:30 AM] On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1.5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant…
[Mar 30, 2023 8:20 AM] What does it mean for Bitcoin if the US dollar loses its reserve status? Is it even possible? In light of the dramatic political developments, a debate is currently raging about exactly that. Whether Bitcoin can be a beneficiary or even the…
[Mar 30, 2023 6:45 AM] Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to…
[Mar 30, 2023 4:30 AM] Bitcoin has seen some good gains in the last day which eventually saw the digital asset climb over $29,000 for the first time in nine months, albeit briefly. But despite the price gains that the digital asset has seen in this time, it is still not…
[Mar 30, 2023 3:30 AM] The Bitcoin price saw an eye-catching move today, initially rising 2.8% ($810) in 30 minutes to reach a new yearly high at $29,182, only to fall to $28,080 in a very short period of time. At press time, Bitcoin showed renewed strength and was…
[Mar 29, 2023 8:26 PM] Bitcoin price is rising above the $28,000 resistance. BTC bulls seem to be aiming a fresh surge above the $28,500 and $28,800 resistance levels. Bitcoin is slowly moving higher above the $27,500 resistance zone. The price is trading above $28,000…
[Mar 29, 2023 9:00 AM] On-chain data shows the Bitcoin net taker volume is approaching a break above a line that has historically been a bullish signal for the price. Bitcoin Net Taker Volume Has Been Moving Towards Zero Line Recently As pointed out by an analyst in a…
[Mar 29, 2023 8:59 AM] A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere.
[Mar 29, 2023 8:30 AM] According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25…
[Mar 29, 2023 6:30 AM] Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum…
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