192 / 195 Relevant items tagged with #btc
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Bitcoin Shakes Off the Bears and Aims for $20,000 By End Of Year, Can It Make It?
[Nov 24, 2022 10:11 AM] Bitcoin remains rangebound, hovering around its yearly lows, with some short timeframe bullish momentum. The cryptocurrency suffered amid the FTX’s collapse and the subsequent contagion, but market participants seem more optimistic about potential…
Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows
[Nov 24, 2022 10:00 AM] On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst in a…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy
[Nov 24, 2022 7:30 AM] Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases…
Data Signals Major Red Flag As Chainlink (LINK) Rises 8% Over Last 7 Days
[Nov 24, 2022 7:29 AM] With a price increase of 8% over the last seven days, Chainlink (LINK) is currently one of the best performers on the crypto market, behind Litecoin (LTC) and BNB. Remarkably, the trading volume of LINK has dropped 20% in the last 24 hours to just…
Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?
Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales
[Nov 24, 2022 5:19 AM] Bitcoins from the 2014 Mt. Gox hack are on the move again, with 65 BTC sent to exchange HitBTC on Nov. 22.
Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges
[Nov 24, 2022 4:23 AM] After a year of near dormancy, Bitcoin funds of the rogue exchange BTC-e are on the move again. Chainalysis, an American blockchain analysis firm headquartered in New York City, is reporting that 10,000 BTC, worth about $165 million, have been…
Bitcoin Price Prediction: Recovery Just Getting Started or It’s Bull Trap?
[Nov 23, 2022 9:39 PM] Bitcoin price gained pace and was able to clear $16,500. BTC must settle above $17,000 to start a real recovery in the near term. Bitcoin started an upside correction and climbed above the $16,500 resistance. The price is trading above $16,400 and…
Crypto Market Back To High Correlation As All Indexes Closely Follow Bitcoin
[Nov 23, 2022 1:00 PM] Data shows the crypto market has become highly correlation again in the past week as all indexes have been closing following Bitcoin. All Market Cap Weighted Crypto Indexes Have Been Moving Together Recently According to the latest weekly report…
Bitcoin Closing In On This Bullish Crossover, Relief Finally Ahead?
[Nov 23, 2022 10:00 AM] On-chain data shows Bitcoin is closing in on a crossover that has historically proved to be bullish for the price of the crypto. Bitcoin Short-Term And Long-Term UTXO Age Bands Approach Crossover As pointed out by an analyst in a CryptoQuant post…
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC
[Nov 23, 2022 7:30 AM] Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to…
Genesis / DCG: All Cool Again? Bitcoin Investors Should Be Cautions
[Nov 23, 2022 5:51 AM] The Bitcoin price plunged to a new bear market low at $15,487 on Monday after rumors intensified that Genesis Trading and Digital Currency Group (DCG), which also owns Grayscale with its 635,000 BTC strong GBTC, would go bankrupt. Since then, the…
Bitcoin (BTC) Reclaims $16,500 But Not In Safe Zone; Here Is Why
Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky
[Nov 22, 2022 11:58 PM] The cybersecurity firm predicted that crypto-related cybercrime won't slow down in 2023, but it will move on from Bitcoin as a source of payment.
Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key
[Nov 22, 2022 8:22 PM] Bitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and started an upside correction. The price is trading below $16,300 and…
Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet
[Nov 22, 2022 6:46 PM] Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030. Is such a lofty price prediction…
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
[Nov 22, 2022 4:30 PM] According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following…
Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse
Bitcoin, Ethereum Technical Analysis: ETH Slips Below $1,100 Ahead of FOMC Minutes Report
[Nov 22, 2022 7:30 AM] Ethereum fell below $1,100 on Nov. 22, ahead of tomorrow’s much anticipated United States Federal Open Market Committee (FOMC) minutes release. Many are looking toward this report for hints from the U.S. Federal Reserve, in terms of when it…
FTX Contagion Creates Fear Among Whales And Old Hands, On-Chain-Data Reveals
[Nov 22, 2022 7:02 AM] While the contagion effects of FTX’s collapse still cannot be fully assessed, Bitcoin whales and OGs seem to be playing it safe. Most notably, the insolvency fate of Genesis Trading, DCG and Grayscale is hovering over the Bitcoin market like…
These Bitcoin Metrics Signal A Capitulation Event Is Near
[Nov 22, 2022 3:27 AM] Several metrics currently suggest that the Bitcoin price is finally finding its bottom after another capitulation event, possibly triggered by the Genesis/ DCG/ Grayscale saga. This final miner capitulation may be imminent as miners are selling…
Cathie Wood's ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
[Nov 22, 2022 2:40 AM] ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price.
Iris Energy to cut mining hardware after defaulting on $108M loan
[Nov 21, 2022 10:08 PM] The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations."
Bitcoin Price Trend Overwhelmingly Negative, Bears Target $13K
[Nov 21, 2022 9:07 PM] Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the…
FTX crisis leads to record inflows into short-investment products
[Nov 21, 2022 8:27 PM] The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares.
Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020
[Nov 21, 2022 3:30 PM] The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second…
Why The Bitcoin Price Has A High Chance Of Resting At $16,000
Bitcoin Holders Selling At Large Losses, Is Final Capitulation Here?
[Nov 21, 2022 1:00 PM] On-chain data shows Bitcoin holders have been selling at large losses on the level of previous bottoms, suggesting that the final capitulation for the cycle may be here. Bitcoin 7-Day MA aSOPR Has Sharply Gone Down Recently As pointed out by an…
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value
[Nov 21, 2022 11:30 AM] Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics…