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PortuguêsAnalysts and traders are linking Bitcoin‘s bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise. At the moment, there seems to be a general assumption…
Continue ReadingAs the Grayscale Bitcoin Trust trades at a discount, demand won’t be reflected in the bitcoin price. The below is an excerpt from a recent edition of the Deep Dive,…
Continue ReadingPERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits. Generating momentum and attracting investor…
Continue ReadingBitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. Bitcoin…
Continue ReadingBitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. On June 18, Bitcoin (BTC) and traditional markets faced…
Continue ReadingTraders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000. The U.S. Federal Reserve updated their inflation expectations for this year from…
Continue ReadingGoldman Sachs is now trading bitcoin futures blocks with Galaxy Digital serving as a liquidity provider, a major institutional BTC offering. Multinational investment bank Goldman Sachs is now trading bitcoin…
Continue ReadingAn excerpt from Bitcoin Magazine’s Deep Dive: How Bitcoin miner capitulation is driving the bitcoin price down. The below is an excerpt from a recent edition of the Deep Dive,…
Continue ReadingAnalysts search for bearish signals after the June BTC futures trade below spot exchange pricing. An unusual phenomenon called ‘backwardation’ is taking place in Bitcoin (BTC) futures trading, mainly the…
Continue ReadingSteady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support. Bitcoin (BTC) price dropped another notch to…
Continue ReadingThis key moving average convergence is a strong signal that the market is shifting from bearish to bullish. The most important aspect in trading is to correctly identify the long-term…
Continue ReadingFederal Reserve Chair Jerome Powell conceded that inflation could be higher than expected, leaving no alternative to Bitcoin. The below is an excerpt from a recent edition of the Deep…
Continue ReadingStock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected. Bitcoin…
Continue ReadingBitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit. Bitcoin’s price (BTC) turned down from just…
Continue ReadingSellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached. The cryptocurrency market is in the midst of another lackluster…
Continue ReadingEthereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range. While speaking at the Virtual Fintech Forum in Hong Kong on…
Continue ReadingA breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. The overall mood of the cryptocurrency ecosystem is muted…
Continue ReadingBitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action. Bitcoin started the week with a strong breakout to $40,900,…
Continue ReadingInvestment funds worldwide hold a collective bitcoin supply worth $43.2 billion, spread across various investment vehicles, per a new report. Global investment funds now hold more than $43 billion worth…
Continue ReadingBitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Sometimes all Bitcoin (BTC) needs to pump 10% is a positive remark…
Continue ReadingBacking from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week. Consolidation periods tend to follow strong rallies but…
Continue ReadingThere are several reasons why this bull market is set to continue, as reviewed in This Week In Bitcoin. This Week In Bitcoin is a new segment covering the events…
Continue ReadingBitcoin’s surge above $40,000 and the breakouts from select altcoins may be signals that the bottoming process has begun. Bitcoin (BTC) has risen above the psychological resistance at $40,000 following…
Continue ReadingBillionaire investor Paul Tudor Jones told CNBC that he looks at bitcoin as a portfolio diversifier to protect his wealth over time. Billionaire investor and hedge fund manager Paul Tudor…
Continue ReadingBitcoin prices have been range-bound and consolidating for quite some time but jumped over 9% in the last 24 hours after Elon Musk’s tweet on Sunday. A number of crypto…
Continue ReadingBitcoin price is still 38% away from its all-time high but a handful of technical indicators suggest bulls are gathering strength. Bitcoin (BTC) price saw a bullish turn of events…
Continue ReadingAAVE, KSM, ALGO and TFUEL are showing signs of strength while Bitcoin bulls attempt to push BTC price over $38,000. Bitcoin’s (BTC) price continues to be range-bound between $30,000 and…
Continue ReadingBitcoin traders are sitting on their hands after spotting a death cross on the daily chart but could this be a buy signal for contrarian investors? Bitcoin’s (BTC) succession of…
Continue ReadingThe popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s 425 bitcoin…
Continue ReadingBulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry. On June 25, Ether (ETH) will face its largest options expiry…
Continue ReadingKraken, the US-based exchange, is weighing in on whether to use an IPO or a direct listing to go public. Kraken’s CEO Jesse Powell stated that after Coinbase’s performance, they…
Continue ReadingA rapidly growing ecosystem and recent Coinbase listings helped SOL and MLN bounce back from recent lows while the wider market trades sideways. Significant price corrections like the one see…
Continue ReadingBitcoin and most altcoins could be gearing up for a few days of range-bound action as bulls buy on dips and bears sell on rallies. Bitcoin’s (BTC) failure to rise…
Continue ReadingThis week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes…
Continue ReadingWith inflation in the U.S. hitting its highest mark since the 2008 financial crisis, Bitcoin is serving as a critical lifeline. The consumer price index (CPI), a measure of the…
Continue ReadingTraders use the MACD indicator to identify turning points, facilitate entries on pullbacks and capture the larger part of a move until the trend starts to reverse course. The Moving…
Continue ReadingBullish Bitcoin maneuvers from El Salvador, Victory Capital and MicroStrategy saved the day by giving bulls a much-needed boost and balancing out Friday’s BTC options expiry. On Friday, June 11,…
Continue ReadingA stream of bullish Bitcoin adoption news helped to push BTC price back above $37,000 but traders are unsure if the 20% move confirms a trend reversal. The cryptocurrency market…
Continue ReadingBitcoin’s sharp rebound from its recent swing low suggests traders are aggressively accumulating BTC and altcoins on major dips. Bloomberg Intelligence senior commodity strategist Mike McGlone believes that Bitcoin (BTC)…
Continue ReadingFear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network?…
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