Elon Musk Points Out ‘Most Serious Looming Issue’ In Banking, Bitcoin To Moon?
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Bitcoin Price Surge Threatened By Liquidity Crunch – What To Expect
[Mar 27, 2023 12:09 AM] Bitcoin market liquidity is currently a major point of concern within the cryptocurrency sphere. The lack of depth in the market has led to significant price slippage when large orders are executed, resulting in erratic price swings that can…
Bitcoin Price Extends Consolidation and Might Soon Gear For Fresh Lift-off
[Mar 26, 2023 8:19 PM] Bitcoin price is still consolidating above the $27,000 support. BTC could start a fresh surge if there is a successful move above the $28,150 resistance. Bitcoin is moving higher above the $27,500 resistance. The price is trading above $27,500 and…
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
[Mar 26, 2023 10:30 AM] As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020…
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
[Mar 26, 2023 3:30 AM] Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto…
Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend
[Mar 25, 2023 6:30 AM] Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the…
In-Chat Tether Transfers Introduced in Telegram
[Mar 25, 2023 4:30 AM] Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app…
XRP Might Target $0.50 If It Continues To Trade Above This Level
[Mar 24, 2023 3:00 PM] XRP has been trading on a bullish streak over the last few days. In the past week, the altcoin appreciated by close to 18%. On the daily chart, however, XRP slipped nearly 4%. Despite the fall on the daily chart, the altcoin was moving with bullish…
Number Of Ethereum Addresses In Profit Hits 10-Month High As ETH Continues Rally
[Mar 24, 2023 2:00 PM] After several spikes since the beginning of the year, up over 40% from January, Ethereum investors have profited, translating into key metrics. According to the on-chain analysis firm Glassnode, the number of Ethereum addresses in profit has now…
Bitcoin Coinbase Premium Continues To Decline, Buying Pressure Ending?
[Mar 24, 2023 1:00 PM] Data shows the Bitcoin Coinbase Premium has declined recently, suggesting that the buying pressure may be slowing down from the US investors. Bitcoin Coinbase Premium Index Has Gone Down In Recent Days An analyst in a CryptoQuant post pointed out…
Quant Explains How Bitcoin ‘ESR’ Can Act As Leading Indicator For Price
[Mar 24, 2023 8:40 AM] A quant has explained using on-chain data how the Bitcoin Exchange Stablecoins Ratio (ESR) may act as a leading indicator for the price. Bitcoin ESR Has Shown Divergence From The Price Recently As explained by an analyst in a CryptoQuant post, the…
Bitcoin, Ethereum Technical Analysis: ETH Drops From 7-Month High, as Market Volatility Heightens
[Mar 24, 2023 7:10 AM] Ethereum fell from a 7-month high March 24, as traders reacted to further uncertainty within the European banking sector. Shares in Deutsche Bank fell by as much as 13% in today’s session, following a spike in the cost of credit default…
3 Reasons To Remain Bullish On Bitcoin In Coming Months
[Mar 24, 2023 6:25 AM] The Bitcoin price is currently consolidating below the key resistance zone at $28,300. Both from a historical perspective and based on current macro events, there are good reasons to remain bullish and expect the price to continue to rise. US…
Bitcoin Liquidity Crisis Gets Worse, Here’s What It Means For Price
[Mar 24, 2023 3:10 AM] Conor Ryder, researcher at digital asset data provider Kaiko, has examined the liquidity of the Bitcoin and crypto markets in a new study, finding that the liquidity situation in crypto has deteriorated further this month following the banking…
Greenpeace war on Bitcoin unintentionally spawns 'badass' new mascot
[Mar 24, 2023 12:49 AM] Greenpeace’s “Skull of Satoshi” artwork highlights their gripes with Bitcoin’s consensus mechanism, but Bitcoin supporters adopted it as a new mascot.
Bitcoin Price Trims Losses But Remains In Range, What Could Trigger Fresh Rally
[Mar 23, 2023 9:20 PM] Bitcoin price trimmed all losses and climbed above $28,000. BTC must clear the $28,500 resistance zone to start a steady increase in the coming sessions. Bitcoin is moving higher above the $28,000 resistance. The price is trading above $28,000 and…
How Soon Can We Expect Aave To Target $80?
[Mar 23, 2023 3:30 PM] Aave has been securing steady gains over the past few days. Over the last 24 hours, the altcoin gained nearly 1.4%. Weekly gains have not been as high as Aave gained 3% With Bitcoin swaying between two crucial levels of $28,000 and $28,500 in the…
Bitcoin, Ethereum Technical Analysis: BTC Below $28,000, ETH Falls Under $1,800 Following Fed Rate Hike
[Mar 23, 2023 7:05 AM] Bitcoin moved below $28,000 on Thursday, as markets reacted to the latest Federal Reserve interest rate hike. The Fed opted to increase rates by 25 basis points (bps) as many had anticipated, and signal one more hike this year. Ethereum was also…
Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?
[Mar 23, 2023 4:18 AM] Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks.
Bitcoin Back Above $27,600 As US Banking Crisis Is Far From Over
[Mar 23, 2023 2:15 AM] Yesterday’s interest rate decision by the U.S. Federal Reserve (Fed) and the subsequent press conference by chairman Jerome Powell were met with a very bearish reaction from traditional financial markets, as well as Bitcoin and crypto. The…
Bitcoin Price Corrects But Uptrend Is Still Intact and BTC Could Rally Again
[Mar 22, 2023 10:13 PM] Bitcoin price started a downside correction from the $28,500 resistance zone. BTC found support near $26,600 and is currently attempting a fresh increase. Bitcoin is moving higher above the $27,000 resistance. The price is trading below $27,800 and…
Bitcoin Price Retests $27K Following Fed Rate Decision
[Mar 22, 2023 2:45 PM] Bitcoin price is at the time of this writing slightly above $27K per BTC, after losing $28K almost immediately following the Federal Reserves rate hike decision. The rate increase was less than originally anticipated, but cryptocurrencies and the…
Quant Points Out Curious Relationship Between USDT Inflows & Bitcoin Price
[Mar 22, 2023 2:38 PM] A quant has explained using on-chain data that an interesting relationship may exist between the USDT exchange inflows and Bitcoin price. USDT Derivative Exchange Inflows May Be Influencing Bitcoin Price As pointed out by an analyst in a…
Bitcoin Climbs Above $28,500, Fed Decision Will Fuel The Rally?
[Mar 22, 2023 10:30 AM] The Bitcoin price continues to record new yearly highs as the cryptocurrency goes on a bullish rampage. There is no resistance level capable of containing BTC bulls, while macroeconomic uncertainty and a banking crisis fuel the fire. As of this…
Will QE Drive Bitcoin And Crypto To New All-Time Highs? Fidelity Exec Is Cautious
[Mar 22, 2023 8:25 AM] In the Bitcoin and crypto community, there has been plenty of talk in recent days that the US Federal Reserve (Fed) has fired up its money printer again with the Bank Term Funding Program (BTFP) and swap lines for five other central banks around…
Bitcoin Whale Activity Reaches Highest Weekly Levels Of 2023
[Mar 22, 2023 7:22 AM] On-chain data shows the Bitcoin whales have continued to be active recently, with the last week being their 2023 week with the highest average activity. Bitcoin Whales Are Displaying Highest Activity In 16 Weeks As per data from the on-chain…
Bitcoin, Ethereum Technical Analysis: BTC Nears Fresh 9-Month High as Fed Meeting Looms
[Mar 22, 2023 6:32 AM] Bitcoin moved closer to a fresh nine-month high on Wednesday, as markets prepared for today’s Federal Reserve interest rate decision. The Fed is expected to hike rates by 0.25%, despite inflation falling last month to 6%. Ethereum briefly…
Bitcoin To $1 Million? Why Hyperinflation Is Unlikely In The US
Bitcoin Price Looks Ready For Another Leg Higher Over $28.5K
[Mar 21, 2023 9:58 PM] Bitcoin price is attempting an upside break above the $28,500 resistance zone. BTC could rally if there is a close above the $28,500 resistance zone. Bitcoin is gaining pace above the $28,000 resistance. The price is trading above $27,500 and the…
$1 Million For 1 Bitcoin Possible Says This Report, Here’s Why
[Mar 21, 2023 3:00 PM] Bitcoin continues its upward trend as the global banking sector faces a crisis; the cryptocurrency has seen its best performance year to date. The BTC price has been pushing up due to a strengthening in the narratives and could see further upside…