On-chain data shows increased accumulation from Bitcoin and Ethereum whales despite market-wide bearish momentum. According to data provided by IntoTheBlock, the number of large Bitcoin (BTC) and Ethe...
Category: Bitcoin
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Bitcoin Might Not Benefit From Federal Reserve Rate Cuts, Former BitMEX CEO Explains Why
Co-founder and former CEO of BitMEX cryptocurrency exchange, Arthur Hayes, recently took to X to explain why he feels the highly-anticipated interest rate cuts by the US Federal Reserve might not have...
Cantor Fitzgerald CEO predicts US banks to hold Bitcoin within 5 years
Cantor Fitzgerald CEO Howard Lutnick recently articulated his vision for Bitcoin’s integration into traditional finance, emphasizing its potential to become a pivotal asset in the financial industry. ...
Bitcoin Investors Beware: MVRV Has Given Bear Market Signal
On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score is currently giving a bearish signal for the BTC market. Bitcoin MVRV Z-Score Has Seen A Bearish Crossover Recently In a n...
BTC & Top Cryptos Lose Massive Value
After a rejuvenating start of the week, the crypto market has entered an abysmal state. According to CoinMarketCap, the Fear & Greed Index for cryptocurrencies is currently at 34. Given the substa...
Do Kwon’s Alleged Wallet Moves $62 Million in Bitcoin Amid Ongoing Terraform Legal Battles
A wallet allegedly linked to Do Kwon, one of the founders of Terraform Labs, has transferred over $62 million worth of Bitcoin. According to blockchain analysis firm Arkham Intelligence, Terraform exe...
Bitcoin’s Price Rises with Key Events
A recent study by Matrixport highlights that Bitcoin‘s price volatility has fluctuated between 20% and -10% over the past month. Notably, the research indicates that a 10% drop in Bitcoin’s price foll...
TradFi Expert Foresees Bitcoin Repeating Previous Growth Pattern
Howard Lutnick believes Bitcoin will grow in the next five years, like in the previous five. Lutnick thinks Bitcoin is constantly moving closer to mainstream finance. The TradFi expert noted mainstrea...
BTC, ETH, BSV, XRM, STRK
The bears are still in total control in today’s session, as seen from the decrease in the global market cap. The total cap stood at $1.99T as of press time, representing a 3.09% decrease over the last...
Bitcoin Reclaims $60,000: Bitcoin Dogs & Ordinals Top Cryptos to Buy Right Now
Bitcoin has had a wild ride this cycle. It battled with ongoing sell pressure from the US government and dealt with the German government market offloading nearly $3 billion in seized assets, and if t...
BTC & other top cryptos lose massive value
After a rejuvenating start of the week, the crypto market has entered an abysmal state. According to CoinMarketCap, the Fear & Greed Index for cryptocurrencies is currently at 27. Given the substa...
U.S. Spot Bitcoin ETFs Record $287.8M in Net Outflows on September 3
U.S. spot Bitcoin ETFs net outflows totaled $287.8 million on September 3, 2024, marking the fifth consecutive day of outflows, according to data from Farside Investors. The outflows reflect growing c...
Bitcoin Holds Above $56,000 As Bears Try To Drive It Down
Sep 04, 2024 at 07:46 // Price The price of Bitcoin (BTC) is in a sideways trend following the price crash on August 27. Bitcoin traded below the moving average line last week, but above the $58,000 s...
Satoshi, Who Entered the Dream of an NBA Star, Gave a Price Target for Bitcoin (BTC)!
As Bitcoin (BTC) tries to break out of its long-term downtrend, it has important resistances to overcome. Although the downward trend in BTC is expected to continue in the short term, a major rise is ...
Bitcoin ETFs outflow breaches $760M in 5 days, BTC drops to $55K
US listed spot Bitcoin exchange-traded funds (ETF) are witnessing a rough time after a few weeks of regular inflows. Bitcoin ETFs posted a massive outflow of $287 million on September 3, pushing BTC p...
Bitcoin Holds Steady at $56K Despite Wall Street’s Massive Sell-Off and Nvidia’s 10% Plunge
The price of Bitcoin saw a notable decline today, plummeting to around $56K, though lower than the massive price crash observed in the traditional market. On Tuesday, the U.S. Department of Justice is...
Crypto Markets Lost $100 Billion as Bitcoin (BTC) Dropped Below $56K (Market Watch)
Bitcoin tried to take down $60,000 just yesterday morning but was stopped in its tracks and pushed south to a monthly low of under $56,000. The altcoins have followed suit with substantial declines as...
Bitcoin below $60K: Checking USDT’s role in BTC’s next move
Bitcoin experienced a notable surge at press time compared to previous day’s close. Are traders capitalizing on the recent pullback or awaiting a further price drop? Bitcoin [BTC] surged notably in t...
Bitcoin Faces Potential 75% Correction Amid Nvidia Subpoena Fallout and Anticipated Fed Rate Cuts
The crypto market is under significant strain following recent legal actions against Nvidia by the U.S. Department of Justice. Historical trends suggest that while rate cuts can lead to short-term mar...
Canadian Court Holds Bitcoin Loan Defaulter Responsible, Asks to Return $1.2 Million
Crypto acceptance is growing as courts acknowledge transactions made via the asset class, holding wrongdoers responsible. The Supreme Court of British Columbia ruled in favor of a plaintiff who lent a...
Top Tokens By Social Volume: Bitcoin, Cardano, And Velo Protocol Lead Monday’s Conversations
As the new trading week kicks off, several cryptocurrencies have seen a notable rise in social volume, driven by various discussions and community activities. Bitcoin ($BTC) is at the forefront, with ...
Bitcoin Market Update: Bullish Sentiment Amidst Potential Downturn And Whale Activity
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...
Bitcoin ETFs see $287.8 million outflow, largest since May 1
Quick Take Farside data shows that Bitcoin ETFs experienced a significant outflow of $287.8 million on Sept. 3, marking the largest outflow since May 1, when $563.7 million exited the market. Eight ET...
Whale Activity Declines As Ethereum Outpaces Bitcoin In Wallet Growth
The noticeable drop in whale activity across major cryptocurrencies has been evident in recent months. For Bitcoin and Ethereum, peak weeks for transactions over $100,000 reveal a significant reductio...
US Spot Bitcoin Exchange Traded Funds (ETFs) Record Highest Outflow Since May 1! Here Are the Details
US spot Bitcoin exchange-traded funds (ETFs) recorded significant net outflows on Tuesday, extending a streak of negative flows in the cryptocurrency market. US Spot Bitcoin ETFs See $287 Million in B...
Massive Outflows Hit $BTC and $ETH ETFs as Investors Pull $335M from the Market
The latest data draws a concerning picture in the case of crypto ETFs, specifically Ethereum and Bitcoin. Spot On Chain, a famous on-chain analytics firm, mentioned that the US-based $BTC and $ETH ETF...
Arthur Hayes Says Bitcoin Bearish Short-Term, May Touch $50K
Arthur Hayes has predicted that Bitcoin may hit $50,000 during its choppy run but would rebound in late September. BitMEX founder Arthur Hayes has flipped bearish on Bitcoin in the short term, predict...
Santiment Report Reveals Bitcoin’s Next Price Target
The cryptocurrency market experienced a significant downturn on September 4, with total market capitalization dropping by over 4.25% to around $1.98 trillion. Bitcoin (BTC) and Ethereum (ETH), two of ...
Bitcoin Crash Alert? Bank Of Japan Rate Hike Sparks Market Fears
On Tuesday, the governor of the Bank of Japan declared that should the economy and price show expected performance, the central bank would boost the key interest rates even further. Rising around 146 ...
Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further pri...
Experienced Analyst Says Bitcoin’s Decline Happened in Two Steps, Explains Why!
The large-scale selling wave in the cryptocurrency market caused Bitcoin and altcoin prices to fall. Bitcoin (BTC) is trading at $270, down 4.7% in the last 24 hours, while Ethereum (ETH) is trading a...
Will the Bank of Japan’s Rate Hike Trigger a Bitcoin Price Crash?
Since the rumor of the possible rate hike by the Bank of Japan started to circulate in cryptocurrency community forums, it has triggered several sensitive questions about the potential impact of this ...