[Feb 23, 2023 9:11 PM] Bitcoin price is struggling to clear the $24,500 resistance zone. BTC must clear the $24,500 resistance and the 100 hourly SMA to start a decent increase. Bitcoin is still struggling to clear the $24,500 resistance zone. The price is trading below…
[Feb 23, 2023 7:30 PM] Bitcoin price is pushing hard to maintain above $24,000, after a sustained rally to pre-FTX fallout levels. Along the way, each bounce in price action has begun to take on a parabolic shape, which could keep the top cryptocurrencies climbing much…
[Feb 23, 2023 5:00 PM] Bitcoin has formed a range at its current trading level, avoiding a drop to the $22,000 area by bouncing off its support at $23,500. Bitcoin is at a crossroads as the bulls and bears are battling to decide which side will come ahead. As of this…
[Feb 23, 2023 2:00 PM] On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant…
[Feb 23, 2023 12:30 PM] A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole…
[Feb 23, 2023 8:40 AM] This Bitcoin on-chain indicator may suggest why the $24,750 price level is an important resistance for the cryptocurrency. Bitcoin Adjusted Realized Price Is Currently Valued At Around $24,750 The relevant indicator here is the “realized…
[Feb 23, 2023 7:30 AM] Data from Santiment shows that crypto market assets have now started to enter into the “overbought” territory, but they aren’t yet in the danger zone. Crypto Assets Are Slightly Overbought Right Now, According To MVRV As per data…
[Feb 23, 2023 7:30 AM] Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is…
[Feb 23, 2023 7:03 AM] The Bitcoin price has fallen back below the $24,000 level, while the US Dollar Index (DXY) has reached a seven-high. After BTC managed to defend the key support of $23,867 in the 1-day chart yesterday, the bulls now need to prove their strength…
[Feb 23, 2023 3:30 AM] Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto…
[Feb 23, 2023 2:41 AM] In the crypto winter of 2022, Bitcoin whales were, after all, not as smart as expected, on-chain data on February 23 shows. Bitcoin Whales Were Not Smart In 2022 According to data from LookIntoBitcoin, whales didn’t enter bitcoin timely in 2022…
[Feb 22, 2023 9:15 PM] Bitcoin price tested the $23,600 zone and started a decent increase. BTC must clear the $24,500 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is slowly moving higher above the $24,000 resistance zone. The price is trading…
[Feb 22, 2023 6:08 PM] Bitcoin price is at local resistance, brushing up against the death cross of the 50 and 200-day moving average, and is exhibiting other potentially bearish signals. However, bears should beware that while price has yet to do anything dramatic, the…
[Feb 22, 2023 3:30 PM] With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued…
[Feb 22, 2023 1:30 PM] Since last week, Bitcoin has lost the critical support that kept the price above $24,000. BTC bears may find their chance to delay what was supposed to be the “end of the bear market” and the taw of the crypto winter, according to…
[Feb 22, 2023 1:18 PM] BTC and altcoins are pulling back sharply, but is today’s correction a simple lower support retest, or a sign of worse things to come?
[Feb 22, 2023 11:30 AM] According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority…
[Feb 22, 2023 10:30 AM] On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the cryptocurrency. USD Coin Shark And Whale Addresses Have Declined Recently According to data from the on-chain analytics firm…
[Feb 22, 2023 10:21 AM] BTC price action is all but guaranteed to benefit from extra central bank liquidity, but the journey higher is fraught with difficulty, says QCP Capital.
[Feb 22, 2023 8:50 AM] Besides Ankr (ANKR), which is seeing a massive price increase due to its partnerships with Microsoft and Tencent, the Bitcoin layer-2 network Stacks is currently the hottest topic on the altcoin market. STX is up a whopping 132% in the last seven…
[Feb 22, 2023 8:30 AM] Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made…
[Feb 22, 2023 7:30 AM] Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting…
[Feb 22, 2023 6:50 AM] Small cap altcoins have continued to perform the best out of all the indexes recently, while Bitcoin has accumulated the least returns. All Altcoin Indexes Managed To Outperform Bitcoin Recently According to the latest weekly report from Arcane…
[Feb 22, 2023 6:30 AM] Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay…
[Feb 22, 2023 4:00 AM] After Bitcoin failed to break through the key resistance at $25,200 over the past week, the price is currently on a downward slide. At press time, BTC broke through the $24,000 level to the downside and initially found support at $23,867. After a…
[Feb 21, 2023 8:37 PM] Bitcoin price failed again to clear the $25,000 resistance. BTC is moving lower and might soon test the $23,000 support zone. Bitcoin is still facing many hurdles near the $25,000 resistance zone. The price is trading below $24,400 and the 100…
[Feb 21, 2023 3:20 PM] Bitcoin price is experiencing a slight pullback to retest former resistance potentially flipped as support. If the top cryptocurrency by market cap holds the level and moves up from here, it will continue to follow a fractal pattern that has…
[Feb 21, 2023 1:30 PM] According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics…
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