Marketanalysis

Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
Marketanalysis

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.

Bitcoin Slips to $34.5K, Are Short-Term Holders Behind the Selling Pressure?
Marketanalysis

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.

Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High
Marketanalysis

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.

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?
Marketanalysis

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’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?
Marketanalysis

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.

Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed
Marketanalysis

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.

Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
Marketanalysis

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.

64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues
Marketanalysis

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.

NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022
Marketanalysis

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.

Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level
Marketanalysis

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.