Cryptocurrency News
Amid bearish sentiment and technical indicators suggesting potential further dips, a recent decline in Bitcoin futures liquidations is offering a glimmer of hope. On October 1, over 4,000 Bitcoin longs were liquidated, marking the second-largest liquidation event of the year. This massive shakeout hints at a potential local bottom, which […]
For the first time since its all-time high, Bitcoin has set a new technical higher high, with prices bouncing into the $66,000 region. This marks a pivotal moment, as several critical on-chain metrics have also reached higher levels, signaling growing market interest and activity. However, market volatility has surfaced, driven […]
Bitcoin’s impressive run continues, with a 23% gain over the past three weeks, pushing its value from $52,500 to over $65,000. A key driver of this momentum is the growing demand for the Bitcoin Spot ETF. Important Charts for Tracking Bullish Momentum Bitcoin has risen over 23% in the past […]
After consolidating under a key resistance for a week, Bitcoin broke up to a two-month high and lost steam. The price is facing down as it opens this week on a sell, currently looking for a solid support to bounce back. Starting this month on a bearish note, Bitcoin later […]
Bitcoin has experienced a remarkable 11.6% increase this September, igniting speculation about its potential for continued growth as we enter October, often referred to as “Uptober.” Will #BITCOIN continue the upward movement in Uptober… We have seen 11.6% increase in September which is incredible for #BTC. pic.twitter.com/IL6OR68FbK — JAHSON TRADING […]
Bitcoin has officially crossed the $65,000 mark for the first time since August 1, marking a significant milestone in its price recovery. This surge can be largely attributed to continued accumulation by whales and sharks, who have collectively purchased $4.08 billion in Bitcoin over the past six months, preventing sustained […]
Bitcoin is now firmly in control of the cryptocurrency market, accounting for 73% of the total market share, a 6% increase in 2024 alone, according to analytics from Bitcoin. Investors have been steadily shifting from Ethereum to Bitcoin, driving the ETH/BTC ratio to its lowest point since April 2021. While […]
Bitcoin’s correlation with gold has been steadily increasing, reaching its highest level since March 2024. This growing connection highlights Bitcoin’s evolving role as a hedge against macroeconomic uncertainty, particularly in times of recession fears and diminishing confidence in the U.S. dollar. Investors seeking a “safe haven” are turning to Bitcoin, […]
Bitcoin has soared past $63,000, but the broader crypto market remains in the red. Major altcoins such as TON (-3.34%), SOL (-2.57%), and ETH (-0.11%) are seeing declines, reflecting cautious market sentiment. The overall crypto market capitalization now sits at $2.31 trillion, down by 0.39%, with Bitcoin’s dominance at 53.91%, […]
Crypto markets saw significant activity on Friday, with Bitcoin and Ethereum experiencing a surge in leveraged and margin trades. However, Solana’s return above $140 has attracted less attention, which some see as a bullish indicator for $SOL, as traders seem focused elsewhere. 🤑 Crypto's big Friday led to Bitcoin and […]
Despite Bitcoin dipping slightly to $57.3K and Ethereum dropping to $2.3K over the past week, altcoins are seeing a resurgence. The fear, uncertainty, and doubt (FUD) surrounding major crypto assets have eased, allowing several altcoins to rebound with minimal resistance. 📊 Despite Bitcoin's slight dip ($57.3K) and Ethereum's bigger dip […]
According to Benjamin Cowen, CEO and Founder of ITC Crypto, Ethereum could be heading towards a significant price correction by the end of 2024. Cowen notes that the wedge pattern Ethereum has formed this cycle features higher lows, nearly 10x those of the wedge formed in 2019. However, the similarities […]
A few months ago, optimism around Bitcoin was at its peak, with many expecting new all-time highs. However, that enthusiasm has since shifted, leaving investors wondering whether this is merely a quiet phase or the start of a prolonged bear market. 🧵A few months ago, optimism was soaring, with many […]
Last Friday, Bitcoin saw a pause in selling after shedding a 12% loss in two weeks. It has been in a retracement mode for three days and is likely to resume selling as the price reaches a key breakdown level. Bitcoin’s mid-term outlook is still under the correctional phase following […]
This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoin’s price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]
Addresses holding between 100 and 1,000 BTC have significantly increased their share of the circulating Bitcoin supply, now controlling 20.3%, or approximately 4.01 million BTC. This represents a 5% rise from the 3.82 million BTC held six months ago, indicating a growing trend of accumulation among large holders. Addresses holding […]
Addresses holding between 100 and 1,000 BTC have shown remarkable resilience amid recent market volatility. Over the past few months, these addresses have been steadily accumulating Bitcoin and now control 20.3% of the total circulating supply. This consistent accumulation highlights a strong belief in Bitcoin’s long-term value among significant holders. […]
Bitcoin traders on Binance are showing a slight bullish inclination, with 51.79% currently holding long positions on $BTC. However, caution is in the air as a recent observation on Bitcoin’s two-month chart by analyst Ali Martinez highlights a potential trend reversal. The Stochastic RSI has shifted from bullish to bearish, […]