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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…

BTC Price Analysis: Why Is Bitcoin Down Today?

[Jul 18, 2023 2:00 AM] The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again…

Elon Musk Fires Another Tweet – But Did It Lift Dogecoin Price?

[Jul 18, 2023 12:43 AM] Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant…

Bitcoin Price Needs To Clear $30,500 For Hopes of a Fresh Rally

[Jul 17, 2023 9:20 PM] Bitcoin price is again moving lower toward the $29,200 level. BTC must surpass $30,500 to attempt a fresh increase in the near term. Bitcoin is showing bearish signs and trading well below the $30,500 zone. The price is trading below $30,300 and…

29% Of Bitcoin’s Circulating Supply Is Now Presumed Lost Forever

[Jul 17, 2023 1:00 PM] According to recent findings from blockchain analytics company IntoTheBlock, around 29% of the total Bitcoin circulating supply is now presumed lost forever after remaining stagnant for over five years. Bitcoin was designed to be scarce, with only…