[Aug 22, 2023 2:00 PM] Will Bitcoin observe a repeat of the rebound that took place after the crash back in March? Here’s what this on-chain metric suggests. Bitcoin Short-Term Holder SOPR Is Showing A Pattern Similar To March As an analyst in a CryptoQuant post…
[Aug 22, 2023 10:30 AM] This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar…
[Aug 22, 2023 9:00 AM] After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have…
[Aug 22, 2023 8:40 AM] An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the recent revelation, some speculations and theories…
[Aug 22, 2023 8:00 AM] The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand…
[Aug 22, 2023 8:00 AM] Unchained, a leader in financial services tailored for bitcoin holders, has seen a 170% upsurge in loans backed by bitcoin from the first quarter to the second quarter of 2023, according to a press release sent to Bitcoin Magazine. The company also…
[Aug 22, 2023 7:13 AM] Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%. Bitcoin…
[Aug 22, 2023 6:30 AM] The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain…
[Aug 22, 2023 5:15 AM] Market observers are closely eyeing the tussle between Bitcoin and its altcoin counterparts. Bitcoin’s dominance, a critical indicator of its market influence relative to the entire crypto market, has reached a pivotal crossroads. This…
[Aug 22, 2023 4:11 AM] Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.
[Aug 22, 2023 1:34 AM] After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply…
[Aug 21, 2023 9:26 PM] Bitcoin price is struggling to recover above the $26,500 level. BTC could gain bearish momentum if there is a move below the $25,600 support. Bitcoin is struggling to recover above the $26,500 resistance zone. The price is trading below $26,400 and…
[Aug 21, 2023 6:00 PM] Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has explained that bitcoin appears similar to the stock market in 1930. At that time, elevated equity prices led to the stock market losing almost 90%. The crash of 1929…
[Aug 21, 2023 4:00 PM] The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level has resulted in a decline to $26,000. Interestingly, Bitcoin’s recent…
[Aug 21, 2023 2:51 PM] Bitcoin price just experienced one of its fastest and sharpest corrections in over a year, dropping 10% in a matter of minutes. The mass liquidations and panic from the selloff caused BTCUSD daily charts to reach the most oversold level since the…
[Aug 21, 2023 1:00 PM] Volatility is back for the Bitcoin price and the crypto market, but it currently favors the bears as value tumbles in the past few days. The nascent sector was moving sideways, but a liquidation cascade forced prices into critical support levels…
[Aug 21, 2023 12:13 PM] Bitcoin and select altcoins are starting to recover, but selling at the top of each price breakout suggests that bears remain in control.
[Aug 21, 2023 12:00 PM] Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a…
[Aug 21, 2023 8:30 AM] Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions…
[Aug 21, 2023 8:00 AM] On August 18, a solo miner managed to solve block 803,821, securing a remarkable 6.25 Bitcoin block reward valued at $160,000. This is a very rare event as lone miners have a lower chance of mining a block due to the increase in mining difficulty…
[Aug 21, 2023 7:36 AM] Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled, after…
[Aug 21, 2023 6:01 AM] The ether-bitcoin ratio rose more than 2% past week in a gain that's inconsistent with its record of taking losses during bouts of risk aversion.
[Aug 21, 2023 3:20 AM] Crypto markets saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.
[Aug 21, 2023 3:01 AM] Bitcoin traders are truly “spooked,” and sentiment crashes harder than BTC price as the shake-up from last week’s losses continues.
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