Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500…
Continue ReadingThis Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin Short-Term Holder SOPR Is At…
Continue ReadingData from Glassnode shows that Bitcoin long-term holders have still been selling their coins at a loss in recent days. Bitcoin Long-Term Holder SOPR Continues To Be At Values Below…
Continue ReadingAfter a long back-and-forth, the Genesis and DCG drama appears to be coming to a relatively smooth end after Genesis reached an agreement with DCG and other creditors yesterday –…
Continue ReadingBitcoin price is correcting gains and tested the $22,600 zone. BTC could start a fresh increase if it manages to stay above the $22,500 support. Bitcoin is correcting gains below…
Continue ReadingOn-chain data shows that the number of small Bitcoin addresses has rapidly grown recently. Here’s what it may mean for the market. Bitcoin Addresses With 0.1 BTC Or Less Have…
Continue ReadingThe count of mini BTC addresses has shot up in the last month. Price chart reading showed that buying pressure has weakened over time. Since Bitcoin’s [BTC] price regained the…
Continue ReadingDuring the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited…
Continue ReadingBitcoin price is barely clinging on above $23,000, with the outcome over the next several days being extraordinarily critical for the fate of the crypto market. On daily timeframe, BTCUSD…
Continue ReadingPer a report from CoinDesk, crypto lending firm Genesis and its parent company Digital Currency Group (DCG) are moving forward with the former’s bankruptcy process. The companies reached a “principle…
Continue ReadingThe crypto market capitalization has been moving in the red over the past few days following an impressive rally. Large digital assets were seeing week after week of profits, but…
Continue ReadingBitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has…
Continue ReadingThe largest Bitcoin transaction turns out to be an NFT. Bitcoin bulls cool off but golden cross might heat things up again. While everyone and their cat were focused on…
Continue ReadingThe Bitcoin price continues to be strongly influenced by macroeconomic conditions in the US. After BTC reached a new 5-month high of $24,241 last Wednesday, the price is on the…
Continue ReadingARK report predicts trillion dollar future for Bitcoin. Positive sentiment among investors and traders suggests a bright future for the king coin. The recent surge in the price of Bitcoin…
Continue ReadingBitcoin price is correcting gains below the $23,250 zone. BTC must stay above the $22,500 support to avoid a major drop in the coming sessions. Bitcoin is correcting gains below…
Continue ReadingJudge Colin Birss of the London Court of Appeal on Friday, February 3, ruled that Craig Wright’s lawsuit against 14 Bitcoin developers has what it takes to go to trial. Craig Wright:…
Continue ReadingBTC’s Realized Capitalization showed that the leading coin is now overbought. On-chain assessment hints at a price drawback in the coming days. According to CryptoQuant analyst Axel Adler Jr, due…
Continue ReadingEthereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to…
Continue ReadingBitcoin may be subjected to regulatory headwinds in the next few weeks. Whale and institutional demand for Bitcoin see a slight recovery. Bitcoin had a strong start this year but…
Continue ReadingBillionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin. Draper was in Sri Lanka on Tuesday, talking with…
Continue ReadingBitcoin price is still trending comfortably above the $23,000 level as it maintains its bullish trend. This has continued for a couple of weeks now, propelled forward by the newly…
Continue ReadingThree hundred and eighty-six years ago today, the first ever bubble – dubbed Tulip Mania – popped. Often compared with Bitcoin, Tulip Mania provided a blueprint for all future bubbles…
Continue ReadingDuring the 2021 crypto bull, lenders issued over $4 billion in loans collateralized by Bitcoin mining hardware. These financial instruments backfired on BTC mining companies as the sector trended to…
Continue ReadingBitcoin saw over 50,000 in Coin Days Destroyed. The Aroon indicator, however, pointed to the absence of pending price reversal. There are indications that Bitcoin’s [BTC] recovery remained active at…
Continue ReadingOn-chain data shows Bitcoin long-term holders now hold 78% of the total circulating supply, the highest value the metric has ever seen. Bitcoin Long-Term Holders Are Sitting On 78% Of…
Continue ReadingBitcoin retreated from a six month high on Feb. 3, as bears reentered the market ahead of today’s U.S. non-farm payrolls (NFP) report. Following a move above the $24,000 level…
Continue ReadingRobert Kiyosaki, a well-known entrepreneur and author of the personal finance book “Rich Dad, Poor Dad,” has long advised investors to purchase gold, silver, and bitcoin. He previously explained that he…
Continue ReadingThe sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn’t as a result of distress. The second largest…
Continue ReadingMiners might revert to a revenue increase as the Puell Multiple left the capitulation area. Market statistics showed that the current condition was not overheated. Bitcoin [BTC] holders were not…
Continue ReadingBitcoin price is correcting gains below the $24,000 zone. BTC is holding the $23,250 support and might attempt another increase in the near term. Bitcoin is correcting gains from the…
Continue ReadingThe company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. Software analytics company MicroStrategy…
Continue ReadingToday is Groundhog Day in the United States — a day when locals gather around “Punxsutawney Phil” to watch if he sees his shadow, which is a superstitious sign that…
Continue ReadingA report has revealed how integrating Bitcoin mining into solar storage systems can improve the scalability and reliability of grids. Bitcoin Mining’s Properties Mean That It Goes Well With Solar…
Continue ReadingBitcoin surged above $24,000 on Feb. 02, as markets continued to react to the latest U.S. Federal Reserve policy decision. On Wednesday, the central bank moved to increase rates by…
Continue ReadingOn-chain data shows the Bitcoin short-term holder profit-taking has reached high levels not seen since the November of 2021. Bitcoin Short-Term Holder SOPR Has Shot Up Recently As pointed out…
Continue ReadingOn Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being…
Continue ReadingThe FOMC meeting on 1 February was perhaps the most anticipated event in the investment landscape. This includes the cryptocurrency market, hence the heavy expectations, especially among Bitcoin investors and…
Continue ReadingWhile yesterday’s Biden-McCarthy meeting did not result in an agreement on the debt ceiling in the U.S., this could have direct implications for the entire financial market and Bitcoin. And…
Continue ReadingBitcoin price is rising and gaining pace above the $23,500 resistance. BTC climbed to a new yearly high after the fed increased rates by 25bps. Bitcoin is up over 3%…
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