[Jan 22, 2023 3:15 PM] Bitcoin could take a break from its sharp rally and if its price bounces off underlying support, APE, MANA, AAVE and FIL could break out.
[Jan 22, 2023 1:00 PM] After 216 days, the Bitcoin Market Value to Realized Value (MVRV) ratio finally broke above 1, making this accumulation the second longest after it took BTC prices 300 days to bottom up after the bear run of 2014-2015. It also signals the…
[Jan 22, 2023 4:07 AM] Streaming services have become a big part of the modern society. Theta Network is building that kind of tech for the Web 3 space. The network’s native token THETA has been going bullish in the past few weeks as a result of on-chain developments and…
[Jan 21, 2023 4:30 PM] Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve…
[Jan 21, 2023 12:30 PM] On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise…
[Jan 21, 2023 8:40 AM] Bitcoin, the king of cryptocurrencies, has been crossing multiple crucial resistances since the start of the year. According to CoinGecko, the coin is now up 14% in the weekly timeframe, and trading at $23,008, making BTC break through the $22,000…
[Jan 21, 2023 7:00 AM] Bitcoin surged to a five-month high to start the weekend, as bullish sentiment returned to cryptocurrency markets. Prices of the world’s largest digital currency rose above $23,000, rebounding from a recent drop towards $20,000. Ethereum…
[Jan 21, 2023 3:16 AM] Bitcoin is not far from reclaiming its 200-week moving average, but traders are still highly suspicious of the bullish BTC price action.
[Jan 20, 2023 4:30 PM] Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC…
[Jan 20, 2023 4:00 PM] As Bitcoin breaks out of the $21k level, many crypto analysts have begun projecting further rallies for the asset. One of the famous crypto strategists, Crypto Kaleo, recently gave a high price prediction for the world’s largest cryptocurrency…
[Jan 20, 2023 1:00 PM] A Bitcoin on-chain indicator is currently forming a pattern that has previously led to significant selloffs of the cryptocurrency. Bitcoin 100-Day SMA Supply Adjusted Dormancy Has Rapidly Gone Up As pointed out by an analyst in a CryptoQuant post…
[Jan 20, 2023 12:54 PM] Bitcoin and altcoins appear to have shaken off the Genesis bankruptcy news by bouncing off their immediate support levels and rallying higher.
[Jan 20, 2023 11:00 AM] Bitcoin has not moved as expected despite the news of Genesis, one of the largest crypto lenders in the world, filing for bankruptcy. This lack of negative movement from bitcoin in response to the news could cement the digital asset’s path to the…
[Jan 20, 2023 10:00 AM] CryptoQuant data on January 20 shows an unusually sharp spike in Bitcoin miners’ outflow, an unexpected development considering the solid performance of BTC prices in the past few trading days. Miners’ Position Index (MPI) Rising The…
[Jan 20, 2023 7:30 AM] Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news…
[Jan 20, 2023 3:50 AM] The Bitcoin hash rate is trending at near all-time highs, per on-chain data on January 20, 2023. Bitcoin Hash Rate at 274 EH/s According to streams from BitInfoCharts, the Bitcoin network currently has a hash rate of 274 EH/s, up by almost one…
[Jan 19, 2023 10:03 PM] Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected lower, but it found support near the $20,500 zones. The price…
[Jan 19, 2023 5:39 PM] GMX, the perpetual trading decentralized exchange (DEX) allowing up to 50X leverage, now generates more trading fees than the BNB Smart Chain (BSC) and Bitcoin. GMX Is The Third Most Active Platform According to statistics, GMX’s 1-day fee on…
[Jan 19, 2023 12:00 PM] On-chain data shows the Binance USD (BUSD) exchange reserves have declined recently, a factor that may be behind Bitcoin’s slowdown. Binance USD (BUSD) Exchange Reserves Have Gone Down As pointed out by an analyst in a CryptoQuant post, there…
[Jan 19, 2023 11:00 AM] The last two weeks have been incredible for the price of bitcoin. The digital asset has been able to successfully make its way out of a depressing bear trend and reached two-month highs in the process. However, with the recent pullback, there may…
[Jan 19, 2023 10:20 AM] Based on the year-to-date performance and their drawdown from their all-time highs (ATHs), Bitcoin (BTC) and Ethereum (ETH) have performed very similarly. While BTC has risen by 25.5% since the beginning of the year, ETH has climbed by about 27%…
[Jan 19, 2023 9:32 AM] Bitcoin will be just one of the risk assets which "crater" as the Federal Reserve is forced to abandon quantitative tightening in future, the ex-BitMEX CEO warns.
[Jan 19, 2023 9:28 AM] Bitcoin lost steam the previous day and seems poised to re-test its support levels in the coming days. The cryptocurrency rallied on the back of favorable macroeconomic winds and high upside liquidity from overleveraged short traders. As of this…
[Jan 19, 2023 8:00 AM] Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s…
[Jan 19, 2023 7:02 AM] On-chain data shows the Bitcoin miner outflows have surged, suggesting that selling from this cohort may be behind the crypto’s decline to $20,700. Bitcoin Miner Outflows Have Registered Multiple Spikes Recently As pointed out by an analyst…
[Jan 19, 2023 6:00 AM] After the DXY fell intra-day to a new 7-month low of 101.56 yesterday, the Bitcoin price briefly managed to tackle the key resistance zone above the $21,500 mark, reaching its highest level since September 13, 2022, at $21,650. However, the…
[Jan 19, 2023 5:00 AM] 59% of Bitcoin holders are profitable as the coin trades above the current Realized Price, which is the cost basis of the average BTC holder, IntoTheblock data on January 19, shows. Parallel on-chain streams show that the realized price of Bitcoin…
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