[Mar 9, 2023 8:30 AM] On-chain data shows the Bitcoin miner reserve has observed a decline recently, a sign that may be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down In Recent Days As pointed out by an analyst in a CryptoQuant…
[Mar 9, 2023 7:30 AM] Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin…
[Mar 9, 2023 7:30 AM] In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. Naturally, this led to a swift…
[Mar 9, 2023 2:03 AM] The year 2022 has been an extremely hard period for investors and traders who wanted to join the crypto bandwagon. Last year saw high profile crypto companies collapsing completely, sending waves across the market and wiping off billions of dollars…
[Mar 8, 2023 9:37 PM] In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities.
[Mar 8, 2023 8:46 PM] Bitcoin price broke the key $22,000 support zone. BTC is showing bearish signs and might decline further towards $20,500 or even $20,000 in the near term. Bitcoin is gaining bearish momentum below the $22,000 support zone. The price is trading…
[Mar 8, 2023 6:30 PM] Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the…
[Mar 8, 2023 2:25 PM] The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience.
[Mar 8, 2023 12:27 PM] Data from CryptoQuant suggests that Bitcoin miners might, after all, not care about price and all the fear, uncertainty, and doubt (FUD) in recent days. Bitcoin Miners Are Not Selling According to CryptoQuant’s Miners’ Position Index…
[Mar 8, 2023 9:00 AM] On-chain data shows Bitcoin MVRV is approaching a crucial retest currently. Here’s what a successful liftoff could mean for the crypto’s price. Bitcoin MVRV Ratio Is Nearing Its 100-Day EMA Line As pointed out by an analyst in a…
[Mar 8, 2023 7:30 AM] Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially…
[Mar 8, 2023 7:00 AM] Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain…
[Mar 8, 2023 3:15 AM] The Bitcoin price is under heavy pressure due to fears of “sticky” inflation and yesterday’s ultra-hawkish comments from U.S. Federal Reserve (Fed) chairman Jerome Powell. At press time, BTC was trading just above $22,000 and…
[Mar 7, 2023 9:28 PM] Bitcoin price is moving lower below the $22,200 level. BTC could take a hit if there is a close below the $22,000 support zone in the near term. Bitcoin is showing bearish signs below the $22,500 resistance zone. The price is trading below $22,250…
[Mar 7, 2023 6:37 PM] Bitcoin price action has historically been abysmal in March. Although seasonality suggests not to expect very much this month, a quarterly bullish crossover could result in a massive move up before the month is over. Bitcoin Quarterly Recurrence…
[Mar 7, 2023 2:14 PM] Bitcoin continues to trade sideways as volatility in the market’s most prominent cryptocurrency diminishes. Bitcoin has successfully held the $22,000 support level, although it did suffer a dip below $22,000 that was quickly bought by the…
[Mar 7, 2023 12:30 PM] Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions…
[Mar 7, 2023 9:00 AM] FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that…
[Mar 7, 2023 8:29 AM] Key on-chain measures provided resistance throughout the first week of March, thus dampening the excitement of Bitcoin traders. Over the course of the previous week leading up to the beginning of February, Bitcoin (BTC) had been trading at roughly…
[Mar 7, 2023 8:07 AM] Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee…
[Mar 7, 2023 4:09 AM] The bears are in full swing as of writing, as major cryptos bleed. According to CoinMarketCap, the crypto market shed 0.3% in the past 24 hours in total valuation. Popular cryptos like Bitcoin and Ethereum suffered corrections, pulling the entire…
[Mar 7, 2023 3:51 AM] Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.
[Mar 6, 2023 9:30 PM] The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor…
[Mar 6, 2023 9:19 PM] Bitcoin price is attempting a recovery wave above the $22,250 resistance. BTC is rising, but it might face hurdles near the $23,000 resistance zone. Bitcoin is attempting a recovery wave above the $22,250 resistance zone. The price is trading above…
[Mar 6, 2023 7:06 PM] Bitcoin price is still stuck in the low $20K region, but has opened with a bullish crossover of a high timeframe momentum tool. In the past, the signal brought a minimum of a 1,000% return on investment. Here is a closer look at previous signals…
[Mar 6, 2023 4:26 PM] BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
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