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Bitcoin Price Hits Next Bearish Target But Bears Are Not Done Yet

[Jul 24, 2023 9:39 PM] Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level. The price is trading below $29,500…

This Technical Signal Says Bitcoin Dominance Has Potentially Peaked

[Jul 24, 2023 6:36 PM] Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a…

Bitcoin Sharks Continue Accumulation, But Whales Stagnate

[Jul 24, 2023 8:30 AM] On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation. Bitcoin Sharks Have Continued To Go Up In Number Recently According to data from the on-chain analytics firm…

XRP Position In The Crypto Top 4 Ranking: Can It Endure?

[Jul 24, 2023 5:30 AM] XRP, riding on its latest price uptrend, achieved a momentous feat by surpassing BNB to claim the esteemed position of the fourth-largest cryptocurrency by market capitalization. Encouraged by the recent non-security ruling following Ripple…

Bitcoin Price Relatively Muted; Resistance Estimated Near $30,400

[Jul 20, 2023 8:57 PM] Bitcoin price is still consolidating above $29,500. BTC must settle above the $30,400 resistance zone to start a steady increase in the near term. Bitcoin is struggling to clear the $30,000 resistance level. The price is trading below $30,000 and…

Bitcoin Price Could Restart Increase As The Bears Lose Steam

[Jul 19, 2023 9:33 PM] Bitcoin price is consolidating above $29,500. BTC could start a decent increase if it clears the $30,200 resistance zone in the near term. Bitcoin is struggling to gain bullish momentum from the $29,500 level. The price is trading below $30,100 and…

Bitcoin, XRP, & Ethereum: Three Top Coins On Brink Of Golden Cross

[Jul 19, 2023 5:02 PM] Bitcoin, XRP, and Ethereum — three of the cryptocurrency market’s most dominant coins — are about to simultaneously form a 3-day golden cross. This signal is rare, happening only a handful of times in the past in each individual asset. However…

Bitcoin Exchange Inflow Spikes, Is This Bearish?

[Jul 19, 2023 1:00 PM] On-chain data shows the Bitcoin exchange inflow towards Binance has spiked during the past day, which may be bearish for the price. Bitcoin Exchange Inflow Has Registered A Large Spike As an analyst in a CryptoQuant post pointed out, a whale has…

Bitcoin Has Broken This Open Interest Pattern, Quant Explains

[Jul 19, 2023 9:00 AM] A quant has explained how a pattern in the Bitcoin open interest that held during the past month now appears to be broken. Bitcoin Open Interest Is Now Moving Against The Price As explained by an analyst in a CryptoQuant post, the BTC price had…

BNB Chain Unveils Beacon Update – What’s Its Bearing On Price?

[Jul 19, 2023 4:16 AM] BNB Chain, a distributed blockchain network upon which developers can build decentralized applications (DApps), has taken a remarkable stride forward by introducing updates for its Beacon Chain and the latest layer-2 opBNB.  This announcement has…

Thodex CEO Sentenced To Prison For Tax Evasion

[Jul 18, 2023 2:00 PM] Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a…