Analysis
Ethereum (ETH) and Ripple (XRP) Price Analysis
Price analysis for Ethereum and XRP amidst the ongoing crypto rallies
Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?
Analysis of why the Bitcoin and crypto market going up and potential opportunities and risks ahead.
PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip
In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.
Litecoin Price Analysis Indicates LTC Will Surge Over $200
The Litecoin community grows more excited as LTC surges towards its all-time high of $360.Our technical analysis indicates bullish price movements to come for the altcoin.
DeFi Token Price Analysis: COMP, SNX, and UNI
This week in crypto, a DeFi Token Price analysis of COMP, SNX and UNI taking into account the prediction of technical indicators and the overall crypto market.
Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level
Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases
Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.
Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally
According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.
Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction
The price of Bitcoin has rallied to a new all-time high over $40,000 on Thursday, January 7. A price correction is likely to happen, and experts explain why.
Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled
BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.
Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%
The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.
Bitcoin’s 30-Day MVRV Shows BTC UnderBought
Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.
Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream
The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.
Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says
Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.
Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited
With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.
Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery
Top cryptocurrencies have made some slight new highs in the midst of the market crash.
The Downturn in Bitcoin Signals Long Endurance before Reaching new ATH, Analyst Says
Veteran analyst Peter Brandt believes that new all-time highs (ATHs) of Bitcoin take quite some time before being realized. The market should expect long-endurance to be remained.
Bitcoin’s Long-Term Fundamentals Remain Strong
Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.
Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays
Bitcoin trader Tone Vays has warned that should Bitcoin price hit $30,000 this week, BTC will be “Rising too far too fast Zone” which typically leads to price plunges.
Almost $98 Billion Evaporated in the Crypto Space Triggered by a Big Sell-Off in the Global Stock Market
About $98 billion has been evaporated in the crypto market as Bitcoin sinks below $30K for the second time since mid-May.
Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?
Bitcoin price has surged to a new all-time high again on Jan. 6 with crypto bulls pushing BTC above $35,000 after days of consolidation in the low $30,000 range.
Bitcoin Struggles to Maintain Above $40,000 Level as Ethereum, Dogecoin, And Litecoin Follow Suit
Bitcoin plunged by 3% following Elon Musk’s tweet about the leading cryptocurrency. Other altcoins seem to have followed suit.
Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC
Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.
Bitcoins' Circulation and Address Remain Underwhelming
Bitcoin isn't getting a ton of utility to kick off January, as its circulation and active address are remaining underwhelming.o
Analysts Suggest Crypto Price plunge Could be Start of New Market Trend
Analysts have indicated that the plunge in cryptocurrency prices could be the beginning of a new market trend, as Bitcoin's valuation has fallen to its lowest level since November 2021.
Why Ethereum Whales Selling Their Holdings?
Data shows Ethereum whales' address holdings have reduced by more than 3 million ETHs over the last five weeks, indicating that whales have maintained redistribution of their holdings on the market since the Merge.
Why Bitcoin Investors Shouldn’t Expect a Straight Moon Shot Over $20,000 Just Yet
Although the Bitcoin price gained 166% this year, the pioneer crypto has not yet produced the anticipated moon shot over $20,000 and investors could be in for a long wait.
Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip
The dominance of Ethereum in the DeFi ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion.
Social Discussion on Ethereum Hit a 2-Month High, Active Addresses Scale the Heights
Ethereum’s social volume and dominance reached levels last seen in February based on significant discussions about the second-largest cryptocurrency.
Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst
Market analyst and trader Michael van de Poppe has disclosed that BTC needs to hold above the $55K price level if it is to rally higher.
Ethereum Classic (ETC) Price Analysis - April 7, 2021
Ethereum Classic (ETC) has experienced a substantial price increase of 55.52% in the past week. Currently, ETC is suffering from strong selling Pressure.
Bitcoin’s Trading Volume Reaches High Since June as Price Slips Below $18.8K
Selling pressure has emerged on the Bitcoin market, causing the price to drop below $18,800. Furthermore, trading volume hit a three-month high.
Bitcoin Might Explode Soon as Bollinger Bands Continue to Shrink
On-chain analyst Matthew Hyland believes the current consolidation in the Bitcoin market might be the calm before the storm because the Bollinger Bands (BB) have shrunk to levels last seen in October 2020 when the price was at $10,000.
Polkadot Price to Continue its Consolidation with Imminent Breakout
Just like the rest of the entire crypto market, Polkadot has been in a period of consolidation while making attempts to break out from its current levels.
Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%
Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.
Crowd Sentiment Towards Bitcoin Hit Historic Lows as BTC Addresses in Profit Reach a Monthly Low
On-chain metrics provider Santiment acknowledged that FUD (fear, doubt, and uncertainty) has made crowd sentiment towards BTC sink to historic lows.
Ethereum Breaches $2,500 and Achieves Its Highest Daily Close
Market analyst Lark Davis has acknowledged that Ethereum has attained the highest daily close ever, topping $2,500, which is bullish.
Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?
For the first time in over six months, Bitcoin’s acceptance has been below key support. Yesterday, the prices plummeted below a four-month low of $7800 and this phase of price volatility lingers.
Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues
Bitcoin has found itself in a consolidation state based on low transaction volume.
Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
The Bitcoin Lightning Network continues going through the roof by making historic highs.
Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?
Ethereum's median fees dropped to lows not seen since July 2021, raising the question of whether a rebound is on the horizon.
Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist
As Bitcoin continues ranging between the $29K and $30K zone, the leading cryptocurrency’s inflection point is at $30,000, according to Mike McGlone, the senior commodity strategist at Bloomberg Intelligence.
Bitcoin Price Needs to Hold $31,500 to Avoid Deeper BTC Price Plunge says Tone Vays
Should BTC fall below the $31,500 level—crypto analyst Tone Vays believes we could see a deeper price plunge to the mid $20K range.
Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.
Bitcoin Surges to New ATH of $68,500 with Big Money Emerging as the Largest Catalyst
Bitcoin has scaled to heights not seen in its twelve-year journey by hitting a new all-time high (ATH) of 68,500.
Four Reasons Why Filecoin Increased by 430% Within a Month
Filecoin has risen by 89.74% within 7 days and has increased by over 430% since the beginning of March. What are some factors driving Filecoin's surge?
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation. As a result, the leading cryptocurrencies are in the fear zone.
Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?
Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.
Bitcoin Hits $33,000 For the First Time Ever as FOMO Among Investors Supports the Surge
Bitcoin's recent rally is being boosted by increased demands from both retail and institutional investors who see the digital currency as a hedge against inflation.
Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%
Since non-fungible tokens (NFTs) help build authentic intellectual property, this is one of the key drivers expected to push the sector to a $97.6 billion valuation by 2028, according to a report by Research and Markets.
Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.
Crypto Prices Remain in Red, Shina Inu Falls Over 15%
Cryptocurrencies remain to behave weakly after the weekend.
ETH's Average Fees Hit a 10-Month Low, Does Fear and Stagnancy Engulf the Market?
The hiccups experienced in the entire crypto market might have sparked fear and stagnancy in the Ethereum network based on low fee levels.
Dogecoin Becomes The 8th Largest Cryptocurrency, Overtaking Cardano
Dogecoin overtook Cardano to become the world’s 8th most valuable crypto asset by market cap at $17.9 billion
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?
With Bitcoin (BTC) hovering around the 200-week moving average (MA), some analysts believe that the top cryptocurrency might be laying grounds for a ranging market that would, later on, prompt a bullish cycle.
Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed
Holders remain unperturbed about the current correction in the Bitcoin market if history is to repeat itself.
Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking
The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area.
Google Search Trends Show a Strong Correlation with Bitcoin Price
Google search trends have been positively correlated with Bitcoin price based on the current market trend.
Bitcoin Forms “Ascending Triangle”, Tries to Rebound Above $35,000 Crucial Level
Bitcoin has formed an ascending Triangle thus hinting a bullish trend. The cryptocurrency will need to reclaim the $35,000 level as resistance to avoid bull-ending price action.
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg.
Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
The bearish momentum witnessed in the Bitcoin (BTC) market has made addresses at a loss to climb to a two-year high.
Ethereum Whales Buy Dip, Increasing Holdings by 180,000 ETH
Ethereum whales took advantage of the recent dip by increasing their holdings by 180,000 ETH.
$100,000 Forecasted as the Largest Strike Price for Bitcoin Options this Year, Analysis Predict
The biggest strike price for BTC options is $100,000 with an open interest (OI) of $500 million.
Bitcoin’s Average 30-Day Trader Returns Haven’t Dipped This Low Since Black Thursday
On-chain metrics provider Santiment revealed that the latest correction in the market has made Bitcoin’s average 30-day trader returns slip to lows not seen since Black Thursday.
Bitcoin Faces Major Resistance at 200-Week Moving Average
Bitcoin’s consolidation in the lower $20K level continues as the leading cryptocurrency has lacked significant momentum to breach this zone.
Litecoin Enters Top 20, Soared Over 28% in The Last 7 Days, Here Is Why
Investors are upbeat about Litecoin since the beginning of this month. The token has outperformed in the past few days, with the market cap reaching $4.91 billion.
Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst
Alex, a market and crypto analyst, has acknowledged that the $27,000-27,500 is the critical support level, which ought to be watched.
Bitcoin Surges Past $24,000 for the First Time, Market Analysts Predict What’s Next for BTC
On Saturday, Bitcoin leaped to record a high of $24,000 for the first time as it enjoys a strong momentum through the year.
ADA Price Surges to $0.50 as Cardano Inches Closer to DeFi with Mary Hard Fork
The ADA token price is up nearly 50% this week as Cardano inches closer to DeFi following the blockchain’s successful Mary hard fork upgrade.
Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.
Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%
Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes.
As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?
After months of consolidation between the $28K and $32K zone, a bullish or bearish run was imminent, and Bitcoin (BTC) has taken the latter route.
Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst
Popular market analyst Willy Woo has revealed that strong hands are the engine behind the current Bitcoin bull run because serious investors have been buying every dip.
Bitcoin’s Perpetual Swap Open Interest Slips below $11B for the First Time Since August
The recent drop in the crypto market price made BTC’s perpetual swaps open interest to fall below $11 billion for the first time since August 5.
Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%
Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation.
Bitcoin’s Social and Trading Volumes Hit a 5-Week High as Address Activity Surge to a 3-Week High
As Bitcoin (BTC) continues testing the $40K waters, its social and trading volumes are going through the roof, as acknowledged by on-chain metrics provider Santiment.
The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650
ETH has shined so far this quarter because after setting an all-time high (ATH) of $4,400 recently, it soared to new historic highs of $4,650.
ETH Miner Balances Recovering with its Transactions Hitting $2.5 Trillion in Q2 of 2021
This renewed Ethereum momentum is propelling ETH miner balances on the road to recovery.
Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum
The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.
Cardano Elbows Ripple to Take 6th Position, Thanks to Heightened Development Activity
Cardano (ADA) has been scaling the heights because it is now the sixth-largest cryptocurrency after dethroning Ripple (XRP) with a market capitalization of $20.71 billion, according to CoinMarketCap.
Bitcoin at $64,000 is Amazing But It’s Just the Start, says Market Analyst
Crypto trader Michael van de Poppe believes that Bitcoin at $64,000 is amazing, but this is just the start.
Crypto Prices Today Bounce Back from Friday Sell-Off, Bitcoin, Ether, Solana, Polkadot, and others Surge Higher
Cryptocurrency markets have regained important values just a few days after China’s fresh crackdown. Some experts have explained the recent happenings in the market.
New Market Entrants Caused the Recent Bitcoin Panic Selling, says Glassnode
Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that the recent Bitcoin price drop was triggered by new entrants in the market.
Rehab Centers Add Services for Crypto Trading Addicts
A posh Spanish rehab institution now treats crypto traders.
Worldwide Blockchain Distributed Ledger Market to Hit $20.6B by 2027 - Report
The global blockchain distributed ledger market is expected to grow from $3.5 billion recorded in 2021 to $20.6 billion by 2027, according to a report by Research and Markets.
Token Metrics CEO: Bitcoin Price Increase to $26k likely, $32k Possible, and $40k Outlandish
Bitcoin's market rise today is historic, with the price currently sitting at over $21,770 we are officially in uncharted territory - At what price level will the BTC bulls rest?
Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence
Bloomberg Intelligence reports that only an "unexpected occurrence" can stop the Bitcoin price bulls from running.
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.
Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?
The revenue of Bitcoin miners continues to dwindle, given that the hash price has nosedived to historic lows of $66,500 per Exahash, according to Glassnode.
The Number of Bitcoin Addresses in Profitability Breaks the Record, Price Inches Closer to ATH of $64,800
The number of Bitcoin addresses in profit has reached a record high of 37,396,654.839. The market is expecting Bitcoin to break through $64.8K ATH level.
Bitcoin Needs to Flip the $47K Area for Support before Witnessing a Surge to $50K
Market analyst Michael van de Poppe believes that Bitcoin needs to flip the $47K area to accomplish its $50K journey.
Bitcoin Hits New All-Time High Above $62,000
BTC has scaled a new height by surging past the $62k mark, a fate not seen in its twelve-year journey.
Crypto Gets Resilience in the Past Month as Forced Selling Exit
The exodus of forced selling made cryptocurrencies partly resilient in the last month, according to Galaxy Digital Holdings founder Mike Novogratz.
Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.
Bitcoin Briefly Slips Below $20K amid Fed Chair’s Revelation that Rate Tightening will Continue
Bitcoin (BTC) nosedived below the psychological price of $20,000 as recession, and rate tightening fears engulfed the market.
Experts Suggest Merely Tokens Might Survive after LUNA's Collapse
Major market players have explained the key to the future of cryptocurrencies. However, some of them suggest only merely tokens might survive after LUNA's event , taking reference to the bubble outbreak of Dot-Com's collapse.
UK Adults Hesitant in Crypto Investments due to Perceived Lack of Security
A quarter of the UK's adults are hesitant in crypto investments due to a perceived lack of security, according to research from TMT Analysis.
Non-Zero Bitcoin Addresses Hit ATH as Illiquid Supply Sees Major Growth
More participants continue to join the Bitcoin (BTC) network despite continued consolidation.
Bitcoin Breaches Psychological Level of $30K amid Dollar Index Slipping
After printing nine consecutive weekly red candles, a scenario not seen in its 13-year journey, Bitcoin (BTC) is back to winning ways after topping the psychological price of $30,000.
Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining
Bitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.
Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom
As Bitcoin stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020.
Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?
The Bitcoin price suffered a massive correction falling from its recent high of $41,500 to an intraday low of $32,829, but what happened and where is BTC headed next?
53% of the Top 100 Cryptocurrencies are Trading Below Their 200-Day Moving Average
Due to massive liquidations experienced nearly two weeks ago, 53% of the top 100 cryptocurrencies have not fully recovered because they are still trading below their 200-day moving average.
Bitcoin Miners Generated Revenue Worth $1.68 Billion in November
Over the last month, it seems to be a good month for Bitcoin miners because they cashed in a whopping $1.68 billion.
Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth
Bitcoin breached its key resistance of $7,300 today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward. In this article, we analyze the price movement, the change in supply dynamics, and how BTC halvings have performed historically.
Bitcoin Needs to Continue Standing above $19,200 to Dilute Downward Pressure, Analyst Says
Market analyst Ali Martinez believes the leading cryptocurrency should stand above $19,200 to reduce selling pressure because this is a significant level.
Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.
5 Factors Behind Chiliz (CHZ)'s Price Surge
Chiliz (CHZ) is a blockchain-based sports platform that aims to provide blockchain-powered solutions for the sports industry and help fans participate in the token economy.
Global Blockchain Technology Market Expected to Hit $19.9 Billion
The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.
Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue
Ever since the London Hardfork or EIP-1559 upgrade went live in August 2021, Ethereum’s supply continues to be depleted based on the burning mechanism incorporated.
6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply
Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.
Bitcoin Dominance Hits 4-Year Low, Dormant Supply Touches Historic Highs
Bitcoin’s dominance in the crypto scene has nosedived as the leading cryptocurrency continues trading on shaky grounds.
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
Bitcoin Needs to Hold $36K for Sustainable Upward Momentum
BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.
Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum
With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam.
On-chain data is signaling a "generational buying opportunity"
Technical analyst "Game of Trades" discovered six on-chain measurements for his 71,000 Twitter followers. Bitcoin's Realized Price (RP) is an estimate of what the market paid for all coins at their previous price.
Explosive growth alongside peace of mind offered by C10 from Invictus
With investor focus shifting towards the next market downturn, investors are increasingly seeking protection against potential future drawdowns. The Invictus Capital Crypto10 Hedged fund (C10) is that protection investors are looking for and holds the answers to many investor concerns. The C10 fund has continued to offer investors unparalleled risk adjusted returns in 2021 with a 119% increase in performance for the first quarter.
Bitcoin Needs to Break $51K Level for an Continuous Upsurge
Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.
Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker
Based on the back and forth experienced in the Bitcoin market, a long-term approach is suggested for investment in the leading cryptocurrency, according to Jordan Belfort, a former Wall Street stockbroker.
Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch
ETHPoW was trading as high as $60.68 on Thursday morning after the merge, but on Friday the new token experienced a huge plunge.
Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer
Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.
Bitcoin’s Short-Term Interest Declines by 43% From an ATH Experienced in February
Bitcoin has been stuck to its consolidation period between the $30K and $40K range for more than two months, making short-term interest nosedive to levels not seen since September 2020.
Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed
After hitting lows of $37,585 over the weekend, Bitcoin has gained some momentum by breaching the $38K level.
64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues
The amount of Bitcoin’s circulating supply that has stagnated for at least a year hit an all-time high (ATH) of 64%, signaling a supply deficit.
The Unstoppable Growth of Crypto Market
Nothing has stopped the cryptocurrency market to continue growing in recent years.
Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture - PayBito CEO
Despite Bitcoin’s slashed valuation in the past few months, the leading cryptocurrency has steadily held the $30,000 level because of its unique decentralized proof-of-work (PoW) mechanism, according to Raj Chowdhury, the CEO of crypto trading platform PayBito
The Value Stored in the Bitcoin Network Stands at an All-Time High
The value stored in the Bitcoin network is at a record high based on the realized price.
Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800
Bitcoin has been able to pick up the pieces because it is 11% away from the all-time high (ATH) price of $64,800 set in mid-April.
Low-Risk Appetite Continues to Play Out in Bitcoin Market Based on Diminishing Institutional Activity
Institutional activity remains sluggish as Bitcoin hovers around the lower $20K level, depicting a low-risk appetite.
Is Bitcoin on the Verge of Forming the Bottom?
The Long-Term Holder NUPL (LTH-NUPL) indicator shows Bitcoin’s bottom is forming since it is at the same level as the past two significant pullbacks of 2021.
Ripple (XRP) Charges Past $1.00 and Becomes the Fourth-Largest Cryptocurrency
Ripple has soared for two consecutive days and surpassed the psychological threshold of $1.00, a level it has not managed to reach since the peak of altcoins in early March 2018.
Active Addresses of Ethereum Hit Monthly High with $22B Being Staked before the Merge
Ethereum continues to be at the centre stage after undergoing its biggest software upgrade called the Merge. As a result, active ETH addresses have skyrocketed after hitting a monthly high.
Bitcoin Hodlers Remain Steadfast, Coins Aged over 3 months Hit ATH of 86.3%
Despite Bitcoin lacking a significant upward momentum, this has not dampened the spirits of hodlers because coins aged at least 3 months hit an ATH of 86.3%, according to Glassnode.
Bitcoin Prices Hold Tight above $20K Level, But Downsides Still Imminent
Bitcoin is still at risk due to bad economic news such as inflation data, and Federal Reserve meetings, among others.
Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?
LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams that one of the top ten cryptocurrencies could collapse to near-zero overnight.
Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets.
The Rise of the Anon: Protecting Innovation
Anonymity is increasingly offering protection to innovators as well as their ideas.
Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation
In a bid to salvage the LUNA and UST crash, the Luna Foundation Guard (LFG) liquidated 80,081 BTC, but these coins were received with open arms by entities holding less than 10,000 Bitcoins.
Bitcoin’s Mining Difficulty Jumps by 3.44%, Reaching New ATH at 36.84 Trillion
Bitcoin's mining difficulty has increased by 3.44%. The increase means that more competition is rising.
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, U.S., Ethereum Researcher Justin Drake disclosed that the merge might happen in August.
Bitcoin, Ethereum, Solana And Other Crypto Prices Further Plunge Following China’s Fresh Crypto Ban
Cryptocurrency markets have experienced other crashes on Friday amid China’s Central bank renewed ban on cryptocurrency transactions.
Bitcoin's Market Confidence Slips as Retail Sentiment Breaks 30-Day Low
Bitcoin’s retail sentiment breaking a 30-Day low indicates a drop in market confidence.
Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level
Technical indicators show that XRP is likely to consolidate its price inside a range of the $0.60 support level and the 0.65 resistance level.
Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO
As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.
Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert
The retracement to the $29K zone has jeopardized the much-anticipated Bitcoin (BTC) recovery as skepticism engulfs the market.
Bitcoin Remains Bullish Based on the Formation of an Ascending Channel
The formation of a parallel channel on the daily chart suggests BTC can still drop to $57,000-$54,000 to then rebound towards $75,000, according to analyst Ali Martinez.
Are Zcash (ZEC) and Horizen (ZEN) Immune To The Ongoing Price Corrections?
Despite the huge loss in the crypto market today, Zcash and Horizen have come away as the top price gainers for today
Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH
More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.
Ethereum (ETH) Price Analysis - April 9,2021
Ethereum hit a new high of $2,151.63 earlier this week and rallied bullishly after Federal Reserve Chair Jerome Powell's speech on US economic recovery.
Bitcoin Poised to Set a New All-Time High, says Market Analyst
Market analyst Michael van de Poppe believes that "Bitcoin looks eager for a new all-time high" as it continues regaining momentum.
Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.
Bitcoin Scarcity Scales the High as Illiquid Supply Hits 85% in the Last Three Months
92% of Bitcoin supply hasn't moved in at least 30 days and 85% of this has been immobile for at least 3 months.
Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.
Top Performing Cryptocurrencies to Watch This Week: BTC, ADA, SOL, XTZ, DOT, and ATOM
Besides Bitcoin, popular crypto analyst Michaël van de Poppe shares where he sees some of the biggest opportunities in altcoins this week.
Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital assets firm 10T Holdings, believes that BTC has not missed a step in its journey of hitting $100,000 by the third quarter of 2021.
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.”
Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
The Fed has already announced five rate hikes this year, but the institution has not yet been able to contain the surging inflation.
Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment.
Bitcoin Eyes Forming a Weekly Higher Low, What Does This Mean?
A pullback to the $40,000 level reignited the formation of a higher low on the weekly chart.
C10: An All-Weather Approach to Investing In Cryptocurrencies
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.
Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?
Profit-taking tendencies in the Bitcoin market contributed to the price dropping below the psychological price of $40,000.
Surge in Generative AI Interest: Insights from Twitter Discussions
A recent study titled "Public perception of generative AI on Twitter: an empirical study based on occupation and usage" unveils a broad spectrum of sentiments and uses of generative AI across various occupations, highlighting the technology's impact and ethical considerations.
Chiliz (CHZ) Surges 15% Amid 2022 World Cup Tournament, Mainnet Launch
Chiliz is the latest crypto token on the bullish trend. The token is more than 15% for the last 7 days.
Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level
After dropping to lows of $38.5K over the Easter weekend, Bitcoin has gained momentum and breached the psychological price of $40,000 based on an uptick in trading volume.
Ethereum Layer 2 Continues to Gain Steam as ETH Realized Capitalization Soars
Ethereum layer 2 seeks to address the challenge of scalability, given that it’s a distinct network running on top of Ethereum Mainnet (layer 1).
Retail Investment Slips as New Bitcoin Addresses Drop
Retail investment in the Bitcoin (BTC) market seems to have dried up based on the drop in new addresses.
Bitcoin Needs to Hold the $36K-$37K Support Level, Avoid Further Downward Momentum
To avoid a further slip, Bitcoin needs to hold the zone between $36,000 and $37,000.
Bitcoin Might Get More Volatility by the End of the Week, Market Analyst Reveals
Market analyst Lark Davis believes that Bitcoin might get more volatility as the week comes to an end based on the formatting of a triangle pattern.
Bitcoin Eyes for a Clear Direction amid the Mist
BTC traders are waiting for the next significant movement in either direction, as acknowledged by on-chain metrics provider Santiment.
Technical Analysis: Jasmy Coin Price Movements Indicate Bullish Potential
Jasmy Coin has breached its descending trend line and is currently near the 99-day MA. If it sustains above these levels, it could set the stage for a bullish trend, offering lucrative returns for traders and investors.
Uniswap Sets New All-Time High Ahead of Coinbase Public Listing
Coinbase’s public debut this week has drawn numerous investors' attention to DeFi tokens and served to push altcoins higher.
Cardano Holds Upside Momentum as It Faces $1.49 Resistance Zone
Indicators signal the resistance of Cardano (ADA) is decreasing as the price of ADA is in a slow uptrend against the US dollar.
Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model
Bitcoin has taken off this week, moving to $10,000 and firing up the market in euphoria. With only one week from halving, The Bitcoin price has now deleted all its coronavirus crash losses, up practically 40% since January 1st—and putting it on target to be one of the year's best performing resources.
Bitcoin Hit Lows of $42K, following the Liquidation of $2.2B in 12 Hours
Over the weekend, Bitcoin (BTC) plunged to lows of $42,000 based on massive liquidations. Variant Omicron strain and overleveraged market were attributed to this round of chain liquidations.
Double Bottom Pattern Playing Out in the Bitcoin Market, Is $50K in Sight?
A double bottom pattern continues to play out in the BTC market because the leading cryptocurrency has remained steadfast above the psychological price of $40,000 for the past few days.
SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap
SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.
Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?
With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.
Elliptic Debunks Claims of Substantial Crypto Funding to Hamas
Elliptic, a blockchain analytics firm, refuted claims of significant cryptocurrency funding to Hamas, following a wave of reports and a letter from US lawmakers to the White House. The firm highlighted the lack of substantial evidence supporting the alleged $130 million crypto funding between August 2021 and June 2023. Despite historical endeavors by Hamas to solicit crypto donations, recent analysis reveals that the amounts garnered remain minuscule compared to the figures cited in misinformed reports.
Bitcoin Prepares to Revisit $32,000 Support Level Before Retracing the Bull Market
Bitcoin may see a decline in search for a support barrier that may kick-start a rally.
Bitcoin Should Breakthrough $44.5K Level to Create Higher High
Having broken the high resistance level between $38,000 and $40,000, Bitcoin needs to shatter the $44,500 area so that a higher high can be created for a sustained upward momentum.
Bitcoin's Winning Streak Finally Comes to an End
Bitcoin lost its two-week streak. Jan. 18 saw BTC's first red candle. The U.S. Department of Justice statement earlier in the week seems to have caused the price drop.
JPMorgan Backs Bitcoin to Rise 28%, Saying Cryptos are Preferred Alternative Asset
In its latest report, JPMorgan gives Bitcoin a higher valuation. The bank is also more bullish on cryptocurrencies than other traditional financial assets.
XRP Status Classified as Unclear, Meanwhile Analysts Say XRP Price Could Jump to $0.30
The US Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert indicated in an interview that the status of XRP has been classified as unclear. He said, “It’s unclear. Stay tuned I’d say. Part of the issue is that our jurisdiction we share with the SEC (Securities and Exchange Commission). If it’s a security, it falls under their jurisdiction. If it’s a commodity, it falls under ours.”
Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?
As Bitcoin (BTC) continues hovering around the $20K zone, market sentiment might be changing from fear to capitulation.
Shiba Inu On Track to Follow Dogecoin Rally Amid Musk's Twitter Buying
Shiba Inu has found success quickly and is currently the second-largest meme coin in the market. But its impressive performance appears related to Doge.
2 Reasons Why Bitcoin Price Should Reclaim $34,000 This Week
Bitcoin plunged by over 16 percent to an intraday low of $27,678 on Monday before recovering above the $30,000 level. Here are two reasons to expect a further BTC price rally.
The No. of Non-Zero Bitcoin Addresses Hit a 6-Month High, amid Realized Volatility Drifting to a 1-year Low
Bitcoin has been attracting more participants, given that the number of non-zero BTC addresses reached a 6-month high.
Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low
After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. Glassnode believes BTC is entering the deepest part of the present bear cycle, given that even long-term holders are experiencing losses.
Bitcoin Addresses Holding Over 10,000 Coins Hit a Monthly High
The number of Bitcoin addresses holding at least 10,000 coins reached a monthly high of 86 as the holding culture continues being a favoured strategy in this market.
Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.
ANKR/CRV/STORJ Price Analysis – March 24,2021
ANKR, CRV, and STORJ are included in the Coinbase Pro list and have increased by 42.57%, 23.73% and 102.00% respectively within the last 24 hours.
Ethereum Hits 6-Week High amid Addresses in Profitability Surging
Ethereum reached highs of $1,770; a scenario has last seen on June 10 as more momentum continued trickling into the network.
LUNA Charts a Bullish Course as Crypto Markets Opens Monday With Gains
Amidst this re-awakening, here is an insight into what the coming week may hold for LUNA ahead of the likely protocol forking.
Bitcoin's Largest Price Correction in History, Will BTC Price Continue to Fall?
Over the last 24 hours, the Bitcoin price suffered its largest single-day drop in its short history, falling from a high of $58,000 to a low of $48000. What's next for BTC?
Crypto Market Analysis: BTC, ETH, DOT, LINK, ATOM Price Charts Show Bullish Signs
Bitcoin, Ethereum, Polkadot, Cosmos Network, and Chainlink prices indicate new signs of bullishness. Top crypto traders and analysts show where they see the biggest opportunities in the crypto market in the next few days.
NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown
The bloodbath in the crypto market has contributed to sales in the non-fungible token (NFT) sector slipping to a 12-month low, according to crypto analytic firm Chainalysis.
Bitcoin Gains Momentum Based on Positive CPI Numbers
After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin gained momentum based on positive consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics.
BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin
As Bitcoin soared to a new all-time high of $57,808, over a billion dollars’ worth of BTC has left Coinbase to unknown wallets. What can we expect from the BTC price?
Bitcoin Needs to Hold the $45K to $47K Zone for a Bullish Momentum
Analysts suggest that bitcoin should hold the $45,000 to $47,000 area for an upward momentum to reignite.
Bitcoin is Eyeing a New All-Time High This Week, says Market Analyst
Market analyst Lark Davis believes that Bitcoin is getting ready to hit a new all-time high (ATH) this week.
Retail Investment in Bitcoin Dries Up as Price Hovers Below $50K on NY's Eve
Retail interest in the Bitcoin (BTC) market has been down-trending as Google search volume hit yearly lows.
Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights
The November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.
Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952
Market analyst Lark Davis Believed that the bear trap experienced in the BTC market might be over, along with reaching a new ATH of the Bitcoin's price.
Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC
Throughout 2021, Bitcoin’s circulating supply has experienced significant changes as part of it has flowed into the Ethereum (ETH) network, exchange-traded investment vehicles, and corporate treasuries in the form of WBTC.
Bitcoin Holds Steady at $20,000 Level as The Fed Hikes Rates as Expected
The Federal Reserve enacted the 4th consecutive 75 basis point rate hike on Wednesday. Bitcoin reacted.
Long-Term Holder Supply Shock Ratio Breaks Record as Bitcoin's Price Hits 6-Month High of $60K
On-chain analyst Will Clemente believes the next few months will be wild to Bitcoin, given that the long-term holder supply shock ratio is at an all-time high (ATH).
Chainlink Rises 50% in a Week, LINK Price Rally Set to Break ATH
Chainlink is finally joining the crypto price rally after LINK’s price broke above $16, with our technical analysis indicating there is plenty of room for a rally passed $20 and its ATH.
Bitcoin Bleeds Across the Board as BTC Drops to a 6-Week Price Low
Market analyst Joseph Young believes that fear is causing the Bitcoin market to drop.
ETH and XRP Price Analysis: November 25, 2020
Following an impressive week-long growth, ETH and XRP are now slowing their paces. This piece explores the TA behind the current price dip.
Ethereum Network Continues to Expand as Non-Zero Addresses Hit ATH
Ethereum has been experiencing notable expansion in its networks as new addresses continue scaling heights.
Ethereum Price Retraces Below $1,100 With Plunging Crypto Market, Is ETH's Bull Run Over?
Ethereum is down more than 18% since yesterday, as the ETH dropped below the $1,100 price level. ETH is currently trading near $1,050. Where to next for the Ethereum price?
Bitcoin Price Could Drop in the Short Term As BTC Consolidates at $46K
The Bitcoin price traded to a new all-time high at $48,308 before correcting lower and now appears to have hit a short-term downward trend. Where to next for the BTC price?
Bitcoin’s Dominance Skyrockets as Market Capitalization Tops $1 Trillion
On-chain metrics provider Santiment believes Bitcoin’s dominance and price have been driven by a surge in token circulation.
Bitcoin Investors are "Buying the Dip" in Anticipation of a Bounce Back to $55K in Six Months, Morning Consult Study Shows
Bitcoin investors are still optimistic because they continue stacking with the expectation that the price will rebound to the $55,223 level in six months, according to a study by data intelligence company Morning Consult.
Bitcoin Whales not Throwing in the Towel, Accumulating 60K BTCs in Last 2 Months
Bitcoin might not have found its right footing since the start of the year, but this has not discouraged whale addresses from accumulating more coins.
Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?
Ethereum witnessed the largest crypto exchange outflow this year, given that coins exited in droves to the tune of more than 180,000 ETH.
Bitcoin Funding Hits a Monthly Low as Consolidation Continues
The consolidating Bitcoin market has been partly prompted by funding rates hitting a monthly low.
Bitcoin Looks Set to Make the Highest Weekly Surge Since March
Bitcoin (BTC) has been sluggish for the past couple of weeks, but this might change because it is on course for its highest weekly gain since March.
Bitcoin’s Average Coin Dormancy Hits a 3-Month High
Bitcoin's average coin dormancy has been going through the roof based on the current consolidating market.
Ethereum's Median Fees Drop by 88.7%,Hitting a Two-Month Low
Ethereum traders have a reason to smile because transaction fees dropped from November highs of $34.19 to $3.84 per transaction, representing an 88.7% decline.
Binance Confirms Equity Investment in Musk's Acquisition, Dogecoin Stimulated over Deal
The acquisition of Twitter by Elon Musk has finally been made. Binance confirmed the crypto exchange has invested as an equity investor in Elon Musk's $44 billion deal.
Bitcoin’s Small to Mid-Sized Addresses Continue Going Through the Roof
As Bitcoin continues hovering around the $19K zone, small to mid-sized addresses are scaling the heights, according to Santiment.
Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern
Crypto analyst Carl Martin has revealed that Bitcoin is eyeing the $60K price level based on the formation of an inverse head & shoulder pattern.
Crypto Price Today: Bulls Pull Bitcoin Above $57K, Ethereum Rises and Altcoin Market Loses Stream
In today’s market, Bitcoin surges further while most altcoins see the price decline. Some crypto analysts have explained the reasons behind such latest trends.
Long Term Bitcoin Holders Taking Profits but not Exiting in Masses
Bitcoin has been correcting and this trend can be explained by the fact that long-term holders (LTHs) have been taking profits
2.3 Million Bitcoins Have not Moved in More Than 10 Years
More than 2.3 million Bitcoins might have been lost based on their immobility for at least ten years.
Ethereum’s Open Interest Surges to Historic Highs of $13B
Ethereum's open interest has been rising in tandem with the price based on their strong correlation.
Bitcoin, Ether, And Other Crypto Prices Fall, But Experts Optimise Rebound on Horizon
Despite the current bearish week, experts identify potential cryptocurrencies that could still perform the rest of September and enable investors to earn money.
Crypto Social Circles Welcome Bitcoin for Breaking the Psychological Price of $40K
Breaching the high resistance zone between $38K and $40K has hyped up the crypto community.
Bitcoin Needs to Reclaim $37.5K before Painting a Bullish Picture
BTC needs to reclaim the previous support level of $37.5K to boost its chances of bullish momentum.
Bitcoin Subreddit Surges as Hedge Funds Short BTC, A Coordinated Crypto Buying Attack?
Will Bitcoin be the next target of a coordinated buying attack as new data reveals Bitcoin subreddit's astronomical growth as well as institutional shorts on the cryptocurrency?
Bitcoin Breaches the $43K Level, despite FUD Hits 16-Month High
After plummeting below the psychological price of $40K based on the ongoing Russia’s invasion of Ukraine, Bitcoin (BTC) is back to winning ways after breaching the $43K and briefly topping $44,000.
Ethereum Address Activity Continues Scaling the Heights
Ethereum has been experiencing an uptick in address activity, which has been instrumental in propelling notable momentum.
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation.
Bitcoin Price on Verge of $20,000 amid Fed’s Interest Rates Announcement
Crypto prices drop are more likely as the Fed is set to announce interest rate hikes on Friday this week.
Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021
With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork.
Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader
Crypto trader Credible Crypto believes Bitcoin bulls have a task at hand of putting a shield at the $50,000 to $52,000 price level because failure to which a journey towards $40,000 might be unavoidable
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs
Bitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.
82% Ethereum Holders Still in Profitability Despite Price Slipping Below $4,000
Ethereum has yielded an annual return more than five times that of Bitcoin.
Will Bitcoin Rise, Consolidate or Crash After BTC Price Rally to $40,000?
The Bitcoin price set yet another all-time high with BTC rallying to $40,394 making an 11% gain yesterday before dropping $3,500. Where to next for the Bitcoin price?
Ethereum is Burning at the Rate of 6.29 ETH per Minute
Burnt Ether is edging closer to the 1.2 million ETH mark, given that it's burning at a rate of 6.29 ETH, approximately $24,361, per minute.
Solana (SOL) Hits New AHT of $145, Displaces Dogecoin To Become the Seven-Largest Cryptocurrency
Solana is making an impressive rally this year, prompting the need to understand such trading performance. SOL's recent performance has replaced Dogecoin to become the seven-largest cryptocurrency.
Bitcoin's Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic
As Bitcoin (BTC) continues hovering around the $20K area, the balance on exchanges is shrinking.
Is Bitcoin Edging Closer to the End of a Bear Market?
The back and forth experienced in the Bitcoin (BTC) market might soon come to an end based on various indicators, according to a crypto analyst under the pseudonym PlanB.
Staked Ethereum Surpasses Mined ETH
Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.
Bitcoin’s Volume Dominates Performance More than Volatility, Cumberland Suggests
Even though some analysts have stipulated that Bitcoin’s volatility is a cause for concern, crypto trading firm Cumberland believes volume is what matters the most.
Bitcoin Needs to be Consolidated at $35K Level, Analysts predict
Bitcoin was up by 1.78% in the last 24 hours to hit 35,215 during intraday trading. Is a breakout in the BTC market is imminent?
Ripple Pilots Private Version of XRP Ledger for CBDC Issuance
Judging from the daily candlestick chart of Ripple (XRP), the bulls are currently working hard to push XRP above the Exponential Moving Average Ribbon.
Bitcoin Makes Two Back-to-Back Weekly Closes Above 200-Week MA
Bitcoin has closed above the 200-week moving average (WMA) for two consecutive weeks, according to market analyst Ali Martinez.
Bitcoin’s Average Trader Monthly Swings Back to Sink for the First Time Since July
After recording a 10% daily loss on September 8, BTC traders’ monthly returns slumped.
Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard
Ethereum price has tanked $2,000 for the first time since late June.
XRP Price Stable As Grayscale Plans to Dissolve XRP Trust Closing Investment Avenue for Institutions, But Why?
Despite the news that Grayscale’s XRP Trust is going to be dissolved and XRP may lose a significant amount of institutional investors, the XRP price has stabilized—But why?
Bitcoin Realized Capitalization Hits ATH Amid the Fear and Greed Index, Jumping to Neutral Grounds
Bitcoin realized capitalization has been on an upward trajectory after hitting a record high.
Bitcoin’s Social Dominance Hits 2-Months High
Interest for Bitcoin spiked on social platforms over the weekend, leading to its social dominance surging, according to Santiment.
Crypto Price Today: Bitcoin, Ethereum, And Others Gain, Experts See October As Green for The Market
While September was a difficult month for the market, cryptocurrency prices, including Bitcoin, have renewed their performance since the beginning of October. Experts predict more upsides to be experienced in October.
Ethereum Whales Continue Buying from Weak Hands, Ramping up their Position by 200,000 ETH
In the past few days, whales of Ethereum have been on a buying spree as their tokens accumulation continues.
Bitcoin Price Analysis: Price Consolidation Stirring Rejection at Key Support Level
Bitcoin's latest uptrend is being tested in a move that appears as a temporary consolidation.
Ethereum’s Low Median Fees Triggering more Utility, Burn Rate Stands at 6.16 ETH Per Minute
Utility on the Ethereum network is rising thanks to low median fees.
Bitcoin Price Aanlysis: Key Technical indicators to watch
Key Technical indicators to watch and Altcoin Season is coming
Bitcoin SV (BSV) Surpasses $100
Bitcoin SV (BSV) has surpassed $100 due to strong technical indicators and market activity, especially in South Korea, influenced by market sentiment, technical analysis, and trading volume dynamics.
Long-Term Holders Liquidate their Supply as Bitcoin Slips to a 6-Week Low
Long-term holder supply dropped by approximately 76,633 BTC day over day.
Crypto Price Shows Stronger Interconnectedness with Stock Market amid COVID-19: IMF
As a change of tune, the IMF alludes to the fact that crypto-assets like Bitcoin (BTC) have transformed from an obscure asset class to an integral part of the digital asset revolution.
$2.3 Billion Liquidated on Crypto Exchanges as Bitcoin Price Crashes By $5.4k In Minutes
According to Glassnode blockchain analytics, the crypto sector lost around $110 billion in marketcap because after $2.3 billion in crypto was sold off, crashing BTC by $5,000.
Ethereum Stays Steady Above $3,000 Based on Heightened Social Engagement
For the past ten days, Ethereum (ETH) has pitched camp above the psychological price of $3,000 based on increased social engagement.
Four Reasons Why Cardano’s ADA Price is Surging
Cardano’s cryptocurrency ADA has been on a tear this month, doubling in price since the start of February—here are four reasons why the ADA price is surging.
Is Ethereum Eyeing A New All-Time High?
Market analysts believe that Ethereum may be aiming for a new all-time high.
Crypto Exchange OKX Unveils Precautionary Measures Ahead of the Ethereum Merge
With the Ethereum merge just around the corner, crypto exchange OKX has given a service update that includes suspension of ETH deposits and withdrawals during the much-anticipated event.
CNBC’s Brian Kelly Warns of a Bitcoin Short-Term Correction to $12,000
Brian Kelly, CNBC Fast Money trader, continues to be bullish for Bitcoin but warns of a short-term correction to $12,000.
Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K
Bitcoin ought to hold the $43,100 level to avoid dropping below the psychological price of $40,000.
Ethereum’s Sentiment Drops as FOMC Meeting Nears
After experiencing considerable momentum, Ethereum’s sentiment has dropped as the Federal Open Market Committee (FOMC) meeting edges closer, according to Santiment.
Is the Narrative about Bitcoin’s 4-Year Halving Cycle Diminishing?
With Bitcoin’s current return of approximately 456% since the third halving event in May 2020, this is a notable underachievement compared to the two previous cycles, which had recorded 1,355% and 4,974% respectively at this point in time.
Bitcoin Continues to Circulate in a Semi-Bullish Territory
Bitcoin is still in a semi-bullish area, given that circulation continues to be steady, according to on-chain metrics provider Santiment.
Bitcoin Circulation and Active Addresses Holding Steadily Despite Retracement
Bitcoin’s active addresses and circulation have not slowed down, despite the present correction because they have remained relatively strong.
Is Bitcoin Getting Ready for a Breakout?
There seems to be light at the end of the tunnel for a breakout in the Bitcoin market because the multi-month downtrend witnessed on the momentum indicator has broken out to the upside.
Bitcoin Funding Rates Have Calmed Down - Has Greed in the BTC Market been Neutralized?
Bitcoin funding rates have slowed down since the leading cryptocurrency scaled to new heights of $69,000.
A Large Portion of Bitcoin Supply Stores in Cold Storage Based on the Bottoming Out of Dormant BTC Supply
Dormant Bitcoin supply for at least one year bottomed out at 54.2%, indicating that a large portion of BTC was stored in the cold storage.
Bitcoin Net Inflows Records $315 Million in Total in October
October will be written in Bitcoin’s history books as the month that saw the top cryptocurrency break the record by soaring to the $66,900 level.
Bitcoin Price Rally Will Peak Out Early in 2021, according to CNBC Report
As one institutional analyst told CNBC—the Bitcoin price could peak out early in 2021, providing another prime opportunity to buy the BTC price dip.
Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says
For depression and crashes to be averted in the crypto market, regulation and capital controls are needed to supervise fast-growing trading platforms, according to a quantitative risk modeller.
HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting
According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.
Bitcoin Touches $21K amid Fed's Interest Rate Hike Hitting a 28-Year High
Bitcoin (BTC) was up by 2.90% in the last 24 hours to hit $21,782 during intraday trading, with news about the Federal Reserve’s interest rate increase of 75 basis points (bps) making airwaves.
BNB, HT, and FTT Experience a Surge Ahead of Coinbase Listing
Since Coinbase announced its listing, its valuation has gone from 70 billion U.S. dollars to its current value of 91.5 billion U.S. dollars. The direct listing of the exchange had made investors re-examine the future potential of digital currency exchanges and cryptocurrencies. In the past few weeks, the three major platform-derived currencies BNB, HT, and FTT have risen several times.
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes - UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report.
Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High
Bitcoin (BTC) entered the weekend in the red after dropping to the $35.7K level based on a high number of daily active addresses, according to market insight provider Santiment.
Fantom Price Surges 20% amid Andre Cronje's Unexpected Comeback
Andre Cronje is rumoured to have come back to work at Fantom blockchain network. Fantom prices reacted positively and are now up.
Bitcoin Hodlers’ Accumulation Continues, Ruble-Denominated BTC Volumes Hitting 9-Month High
Bitcoin hodlers remain unfazed despite the leading cryptocurrency recently hitting lows of $34,000 as they continue accumulating more coins.
Aptos Token Price Surged over 30% following First Week of Trading
The price surge is driven by three major factors: negative funding rates, VC support, and the market's recovery.
Bitcoin’s Significant Support Stands at $42.2K, Illiquid Supply Soars for 214 Days
Based on Bitcoin’s transaction history, notable support lies at the $42,260 as many addresses bought coins at this level.
Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?
Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments.
ADA Price Surges Over 100% As Cardano Goguen Update Set For March
The ADA price surged by over 100% this week and with Cardano’s Goguen update and functional smart contract integration set for March, ADA’s price rally looks far from over
With Upcoming Interest Rate Hike from Fed, Is BTC's Current Rally Short-Lived?
Bitcoin has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the upcoming interest rate hike from the Fed.
Ethereum’s Adoption Continues to Tick, Addresses Holding 1 to 10 ETH Cross the 1M Mark
Ethereum is not relenting in its quest to attract more players because addresses consisting of one to ten ETH reached a new milestone by hitting the 1 million mark.
Ethereum Worth Nearly $195M Staked in ETH 2.0 Deposit Contract Over the Past Week
More investments continue trickling into Ethereum 2.0 deposit contract based on the historic highs noted.
Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights
Bitcoin has consolidated between the $38K and $45K zone for the past two months, as indecisiveness continuously rocks the market, even though BTC addresses continue going through the roof.
Bitcoin Needs to Break $44.5K Resistance, before Pushing Forward to $48K Level, says Analysis
Bitcoin needs to break through $44,500 so that the current range can be shattered, which will be instrumental in driving the price to the $48K area.
Tezos Price Scoop: XTZ/BTC Bounces from Support as Indicators Show Exhausting Selling Pressure
On Tuesday, during opening trading hours, Tezos's price opened at 1898 satoshis, trading later at a gain of +3.96% at 1970 satoshis. Around 279 million worth of Tezos tokens exchanged hands of the volume during the trading session. Tezos is trading between a daily range of 1891 satoshis to 1985 satoshis.
Bitcoin Edges Close to Hit the 200-Day Moving Average
Market analyst Lark Davis disclosed that Bitcoin's regained momentum has pushed the top cryptocurrency closer to the 200-day MA.
Mindgrasp: Everything You Need to Know
Mindgrasp is an AI platform aiding in document analysis, summarization, and learning, with unique features that set it apart from Otter.ai, Quillbot, and Homeworkify.
DeFi Users on Ethereum Hit 4M for the First Time
Ethereum DeFi users reached a historic high of 4 million based on continued adoption.
Ethereum Closed in Green for 7 Weeks amid Burnt Ether Topping $4b
Ethereum has made seven positive weekly closes, given that it has enjoyed a significant upward momentum this quarter.
Non-Zero Bitcoin Addresses Reach Historic Highs, BTC’s On-Chain Settlement Efficiency Goes a Notch Higher
Bitcoin is showcasing itself as one of the most efficient monetary settlement networks, given that it transferred an average of $95,142 for a fee of $1 compared to Ethereum’s $139 in the past week.
Ethereum Performs Better than Bitcoin in Annual Returns with a 663% Gain
Ethereum's annual return stands at 663.7%, performing much stronger compared to Bitcoin’s 195.5%.
Following a Bullish Breakout, Will Bitcoin Touch $25K Level?
After experiencing notable back and forth around the psychological price of $20,000, Bitcoin got a sigh of relief after pumping to mid-June levels of $22K.
Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.
Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Attributed to the preliminary raise of the interest rate in March, revealed by the U.S. Fed, Bitcoin's price fell below $44,000 and the lowest trading price was as low as $42,413.
Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.
Bitcoin Needs to Create a Higher-Low at $31K for an Upward Trend, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin should create a higher low at $31k for an upward trend to be ignited as its consolidation continues.
Institutional Investors are not Yet Buying Bitcoin as Price Slips Below $20K
After enjoying notable momentum above $20,000, Bitcoin (BTC) slipped below this psychological price amid low appetite from institutional investors.
Bitcoin Becoming less Jittery against Volatility
Market analyst Holger Zschaepitz believes Bitcoin is slowly coming of age because mild price swings have not been witnessed days after hitting a new all-time high of $66,900.
Crypto Price Today: Bitcoin Tops $63,935.12, Nears to Break April’s ATH, Altcoins Rally in Low-Level Buying
Led by Bitcoin, most cryptocurrencies are seeing high-level buying. In recent weeks, there has been some sense of stability in the crypto spectrum.
Bitcoin Needs to Flip $56.5K to Support Level to Retest $60,000, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin will have to flip the $56.5K resistance level to support if the cryptocurrency wishes to retest $60,000.
Blockchain Application in Healthcare to Cross $500 Million by 2022
Frost & Sullivan, a world-renowned firm that offers insights on disruptive technologies and economic changes, has revealed an analysis dubbed ‘Global Blockchain Technology Market in the Healthcare Industry, 2018-2022’ that blockchain investment is expected to surpass $500 million by 2022.
Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights
After surging past $31,000, a scenario was last seen in March, momentum seems to be ticking in the Bitcoin market.
Why Bitcoin Needs to Hold Above the 52K Level
Market analyst Michael van de Poppe believes that it is critical for Bitcoin to hold the $50-52k level, which will avert any more downward momentum.
Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark.
Billionaire Bond Manager Jeff Gundlach Says Bitcoin Looks Like A Bubble Waiting to Burst
Jeffrey Gundlach, bond fund manager, said in a recent interview with CNBC that Bitcoin is starting to look like a bubble after it surged above the $23,000 level.
California Advances in Generative AI with New Report
The Newsom Administration's report on Generative AI outlines California's approach to regulating and embracing this technology, emphasizing education and workforce training for responsible use.
Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests
Bitcoin dipped below the 100-hour MA, triggering a continuous downswing. Analysts suggest the leading crypto might further drop to a level between $19.3K and $18.6K.
Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge
Institutional adoption appears to be a crucial driver for holding Bitcoin prices steady.
Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows
Bitcoin has experienced significant ups and downs in the first half year due to various uncertainties and events like the LUNA collapse.
Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes
Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.
Ethereum Surges Past $1,800 - What's Next?
On-chain metrics provider Santiment has noted that Ethereum's price surge to above $1,800 has triggered crowd skepticism, but this is a bullish sign.
Will Crypto Recover? Experts Bet Market May Look Different
Choppiness in the crypto market is expected as investors are bracing for a year of rising interest rates.
ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp
Once Ethereum shifts to a PoS consensus mechanism, validators will replace miners in the confirmation of blocks because they will use the staked Ether. As a result, prompting a more cost-efficient and environmentally friendly approach.
Bitcoin Miners’ Accumulation Has Been Consistent for Nearly a Year
Bitcoin miners have consistently accumulated more coins for almost one year, according to market insight provider Glassnode.
Bitcoin's Road to $1.5 Million: Cathie Wood's Bold 2030 Prediction
Ark Invest CEO Cathie Wood predicts Bitcoin to reach $600,000 by 2030, with potential for $1.5 million in a bull market scenario.
Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH
Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande.
Bitcoin Supply in Profit Drops to 83%, Short-Term Holders Blamed to be the Primary Culprits
The current retracement has triggered a 17% loss in Bitcoin supply, with short-term holders who bought the top to be blamed as primary culprits.
$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options
Open interest is rising, with $5,000 being the largest strike price for Ethereum options.
Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.
Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000
As Bitcoin (BTC) eyes for a clear direction outside the $30K-40K range, the top cryptocurrency has been leaving crypto exchanges in droves.
MicroStrategy Holds over 129K Bitocins, Data Shows
Data shows MicroStrategy holds over 129,00 Bitcoins (BTC) with a total value of approximately $5.8 billion.
Bitcoin Regains Momentum to Breaches $30K
After nosediving to lows of $26K, a scenario that was last seen in December 2020, Bitcoin (BTC) has gained momentum and breached the psychological price of $30,000.
Bitcoin Pumps to Mid-June Levels following Boris Johnson’s Resignation
Bitcoin (BTC) hit the $22K level, a scenario last seen in mid-June after Boris Johnson resigned as the UK prime minister.
Ethereum’s Speculative Action Goes through the Roof as the Merge Edges Closer
Since the Ethereum merge has been awaited with bated breath by the crypto community, the network’s speculative action has skyrocketed.
Ethereum Experiences Accumulation Trend as Price Continues Trading Above $3,000
Ethereum has been experiencing notable accumulation based on the mean coin age, illustrating more demand.
Bitcoin’s Supply Ratio on Exchanges Hit a 26-Month Low as BTC Miner Reserves Edge Closer to an ATH
Bitcoin (BTC) holders continue to show their confidence in the leading cryptocurrency as the supply ratio on exchanges slumped to a 26-month low.
El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio
After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.
Bitcoin Lightning Network Continues to Gain Steam, Hitting Historic Highs of 3,436 BTC
After crossing the 3,000 BTC capacity for the first time in October 2021, the Bitcoin Lightning Network does not show signs of slowing down as its upward quest continues.
Bitcoin Futures Market is in a Healthy Contango,Indicating that the Price of Bitcoin will Rise Further
The BTC futures market has been scaling the heights based on an uptick in price, which means the market expectations are for higher prices in the future.
Bitcoin Fear & Greed Index Indicates Extreme Fear, Suggesting Considerable Uncertainty in the Market
Market analyst Lark Davis believes that FUD (fear, uncertainty & doubt) has engulfed the BTC market based on the fear & greed index.
Bitcoin Experiences Worst Selloff since May as BTC Trades below 200-Day Moving Average
Despite holding above the psychological price of $50K over the Christmas weekend, Bitcoin (BTC) experienced significant liquidation that drove the price downwards.
NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022
The NFT market continues to take the world by storm based on the notable adoption and trading volume witnessed.
Tether Regains $1 Peg
Tether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.
El Salvador Plans to Build 20 New Schools by Using Bitcoin Profits
El Salvador has started reaping from its Bitcoin investment because profits have started being channeled towards infrastructural development.
Top 3 Coins to Watch this Week: BTC, LUNA, and MANA
With the market still looking weak, here are the top three coins to pay attention to this week.
Ethereum Takes the Lead in GitHub Development Activity
Ethereum continues to scale heights because it has jumped to the top position in terms of GitHub development activity, according to market insight provider Santiment.
DeFi TVL Rebounds to the $54 Billion Mark, Eth-based MakerDAO Remains Dominant Lender
The total value locked (TVL) in DeFi rebonds to approximately $54 billion currently. The TVL has been down since October 12, trading between $53.7 and $53.29 billion level.
Polygon MATIC Price Surges to $0.951, Driven by Major Institutional Network Adoptions
The MATIC price has grown impressively over the last week driven by the chain's adoption.
BTC Leaps Over 12% to Six-week High, Analysts Predicts Individual Trades Could Influence on the Bitcoin Market
Bitcoin leaps over 12% to a six-week high on Monday morning in the Hong Kong section, rebounding to $38,643.13 in the past 24 hours. Prior to the latest surge, on-chain metrics provider Santiment believes that individual trades will significantly impact the BTC market based on low daily trading volume.
Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market
Ethereum returned to levels last seen in June based on renewed momentum following the popping up of the merging events.
South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash
To boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens, financial authorities in South Korea have beefed up crypto exchange inspections.
Is Bitcoin Eyeing a Strong Movement amid Hodled Coins Hitting a 5-Year High?
Bitcoin might be geared toward a strong movement based on declining historic volatility.
Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market
The decision by the federal reserve (Fed) to continuously hike interest rates to tame runaway inflation has been detrimental to the crypto market as bears continue to bite.
Ethereum Tumbles as Low As $2,115 Partly Triggered by Delayed London Hard Fork Release
Ethereum is likely to extend its drop as indicated by a rising wedge chart.
Recent Crypto Sell-Off Hasn’t Deterred Investors, Grayscale CEO Says
Investors are still optimistic despite the current market crash, said Grayscale's CEO.
Ethereum Miners Revenue Percentage Reaches Monthly Low
The percentage of miner revenue from fees on the ETH network reached a monthly low of 36.145%.
Debunking Overblown Claims on Crypto and Terrorism Financing
Chainalysis debunks inflated claims on cryptocurrency's role in terrorism financing, emphasizing the predominant use of traditional fiat-based channels by terrorist groups. The analysis highlights the challenges and common misconceptions in tracing terrorist fund flows on the blockchain, particularly concerning service provider identification.
Bitcoin Spot Exchange Reserves Dropped by 12,500 BTC in the Past 2 Weeks, Suggesting the Dip is Being Bought
Bitcoin Spot Exchange Reserves were down by 12,500 BTC in the past 2 weeks as price fell by 25%.
Ethereum Adoption Continues to Scale Heights
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.
Ethereum’s Upside Appears Limitless as ETH Breaches $2,400 For the First Time Ever
On-chain metrics provider Santiment has delved deeper into Ethereum’s uptrend and noted that its rally to $3k and beyond looks set.
More Money has Flowed into Ethereum than Bitcoin in 2021
Ethereum has emerged as the victor because more money has trickled into its network than Bitcoin in 2021 based on the market capitalization metrics.
Bitcoin Slips to $34.5K, Are Short-Term Holders Behind the Selling Pressure?
Bitcoin has been downtrending since May 5, and liquidation in the market continues over the weekend.
Uniswap Price Analysis - March 5,2021
From the 4h candlestick chart of Uniswap(UNI), an inverse hammer pattern with a long upper shadow line was formed and UNI touched $31.56 temporarily. What is to be expected of UNI in the upcoming days?
Uniswap (UNI) Price Analysis-March 19,2021
UNI is trading at $30.55, but it appears to be caught on a bearish trend. Currently, the bears are retesting the support level of $29.27.
UNI, LINK, VET Price Analysis-March 9,2021
With Bitcoin breaking above its psychological barrier of 54K, altcoins have also rallied higher. Here is a more in-depth look at what's in store for Uniswap (UNI), Chainlink (LINK), and VeChain (VET) this week.
Altcoin Price Analysis: XRP and AAVE
This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol.
Polkadot (DOT) Price Analysis – March 23,2021
The bears occupy the main market, pushing the DOT/USD to the support line below the triangle line. What does this mean?
Jul 24 Trading Analysis: What Bloodbath?
Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.
Bitcoin (BTC) Price Analysis – March 15,2021
Bitcoin (BTC) performed strongly in the past week, breaking through the previous high of $58,354. Bitcoin continued to rise, soaring to a new all-time high (ATH)of $61,781 on March 13. But it seems that Bitcoin has suffered strong selling interest near this level and the price has been corrected. At the time of writing, Bitcoin is trading at $60,157.82.