The cryptocurrency market experienced a significant downturn today, with major players like Bitcoin (BTC) and Ethereum (ETH) suffering substantial losses amid rising recession fears. Investor anxiety ...
Category: Bitcoin
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Bitcoin UTXOs’ Profit Ratio Drops to Lowest Level Since Last Year
Bitcoin UTXOs (Unspent Transaction Outputs) reportedly dropped to the lowest level since October 2023 to the present month. As per the stats disclosed by CryptoQuant, an 0n-chain crypto analytical pla...
Bitcoin Price Crashes Toward $53K But Arthur Hayes Expects It To Plummet Further
Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated ...
Venezuela’s Fight Against Inflation: Maria Corina Machado Calls Bitcoin a Lifeline for Economic Freedom
In a pivotal moment for cryptocurrency adoption, Venezuelan opposition leader Maria Corina Machado views Bitcoin as essential in the fight against rampant inflation. Amid significant economic turmoil,...
Russia’s Bitcoin Mining Future: Surplus Energy Use Amid Social Development Focus
The potential for Russia to position itself as a significant player in Bitcoin mining has been recently underscored, but the country is focusing on broader social initiatives. Russian energy strategy ...
ETFSwap (ETFS) Continues 100X Surge Despite Bitcoin (BTC) And Ethereum (ETH) Bearishness
The crypto market remains volatile as the two leading giants, Bitcoin (BTC) and Ethereum (ETH), struggle to gain traction. Bitcoin (BTC) has fallen sharply below crucial resistance, extending its bear...
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in ce...
Why Has Ethereum Significantly Underperformed Bitcoin, Solana, And BNB Since Shifting To Proof-Of-Stake? Experts Explore ⋆ ZyCrypto
Advertisement     Nearly two years after “The Merge” at Ethereum’s blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH w...
Bitcoin Declines to $55,000 as Analysts Predict Market Trends
Bitcoin‘s price has plummeted to $55,000, quickly erasing the recent gains observed after new data releases. This decline aligns with the usual market pattern observed when the US market opens. The po...
Bearish Sentiment Grows in Cryptocurrency Derivatives Market as Bitcoin (BTC) Options Show Increased Implied Volatility
The cryptocurrency derivatives market is reflecting a notable shift towards bearish sentiment as traders adjust their expectations. Recent insights from Bybit and Block Scholes reveal a significant up...
Can Bitcoin Still Hit $200,000 In 2025 Despite Bearish Headwinds? This Prominent Investor Thinks So ⋆ ZyCrypto
Advertisement     Mike Alfred, former tech CEO, founder of a value investment fund, and a board member of several large companies believes Bitcoin (BTC) could explode higher and reach ...
Ethereum’s Ongoing Struggles: Analyzing Its Underperformance Against Bitcoin Post-The Merge
Ethereum’s transition to a proof-of-stake (PoS) model has sparked extensive discussions regarding its market viability compared to Bitcoin. Recent market analyses indicate that Ethereum’s performance ...
Bitcoin Dips Amid US Economic Woes and Fed Rate Cut Speculations
The recent downturn in the job market has heightened concerns about the strength of the US economy. In light of disappointing employment data, the Federal Reserve’s upcoming rate cut may prove to be i...
Bitcoin Faces Volatility as Analyst Highlights Fear and Greed Index Dip to 22: A Buying Opportunity?
Recent analysis from expert Axel Adler sheds light on Bitcoin’s current market situation. The Crypto Fear and Greed Index reveals an alarming drop amidst ongoing economic uncertainties. Adler noted th...
Ethereum (ETH) Experiences a 44% Decline Against Bitcoin (BTC) Since The Merge: Is It a Buying Opportunity?
Ethereum (ETH) has faced significant challenges since the implementation of The Merge update in September 2022. Currently, the ETH/BTC trading pair sits at 0.0425, marking its lowest level since April...
Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data
Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), ...
Citibank Forecasts Continued High Correlation Between Bitcoin and Stock Markets Amid Economic Developments
Citibank has indicated that the correlation between the cryptocurrency market and equities will persist. The bank’s analysis underscores the influence of upcoming macroeconomic developments on the cry...
BTC and ETH Suffer Major Losses as Crypto Market Declines 3.27% Amid Volatility
The cryptocurrency market witnessed a notable downturn, closing the week at $1.91 trillion. Bitcoin (BTC) and Ethereum (ETH) suffered significant losses, leading to widespread declines across various ...
Crypto Analyst Says Ethereum Could Fall Further if ETH Support Level Crumbles, Maps Path Forward for Bitcoin
A widely followed crypto analyst is suggesting that Ethereum (ETH) is reaching a decision point. Crypto trader Michaël van de Poppe tells his 724,400 followers on the social media platform X that ETH’...
Bitcoin Price Surges Post Recent Decline
Bitcoin‘s price has surged past $55,280 following a recent slump, even as the broader crypto market remains under pressure. Analysts had previously warned that dropping below the $61,700 mark could le...
Bitcoin Miners Face Mixed Results in August Amid Network Challenges and Rising Electricity Demand
Bitcoin miners recently disclosed their production results for August, indicating a mixed performance across the sector as they navigate operational challenges. Amid heightened electricity demands, pa...
Ethereum ETFs Struggle Amid $476 Million Outflows: A Stark Contrast to Bitcoin’s Strong Launch
The launch of spot Ethereum ETFs has faced significant challenges since its inception. Despite early expectations, the first month has seen substantial net outflows, raising questions about investor s...
BTC sets for a bearish reversal
BTC was experiencing a strong downward momentum at press time, as BTC dropped by 2.45%. An analyst predicted a bearish reversal, based on two momentum indicators. Bitcoin [BTC], the largest cryptocurr...
Bitcoin Dips to $53,810 Amid Mixed Economic Signals and Anticipation of Fed Rate Cuts
The recent jobs report has stirred discussions among economists and investors alike, highlighting a softening labor market. Despite a shortfall in job creation, experts remain divided on the implicati...
Bitcoin Faces Significant Decline: 4.5% Drop in 24 Hours as Liquidations Surge
Bitcoin’s recent price performance indicates significant market dynamics, with a notable decline against the U.S. dollar. The cryptocurrency has witnessed a staggering drop of over 10% in two weeks, r...
Bitcoin’s Long-Term Momentum Falters as 200-Day SMA Indicates Bearish Trend Amid Weak U.S. Employment Data
The Bitcoin market is currently experiencing a slowdown in bullish momentum, as indicated by its 200-day simple moving average (SMA). This shift comes ahead of critical U.S. employment data, which is ...
Bitcoin Rallies as U.S. Job Growth Hints At 25 Basis Point Rate Cut
Ahead of the U.S. jobs report, Bitcoin (BTC) and the cryptocurrency market experienced a solid decline. Bitcoin’s price fell to approximately $55,200 in the last 24 hours, marking a month low. Yet, fo...
US Spot Bitcoin ETFs See $211 Million Net Outflows
Fidelity’s FBTC had the most outflow, totaling $149.49 million. Since their introduction, the spot bitcoin ETFs have received a total of $17.06B in net inflows. Net withdrawals of $211.15 million were...
Spend Bitcoin Directly: Mastercard’s New Crypto Debit Card Hits Europe
Mastercard has launched a crypto debit card that will allow users to spend their Bitcoin directly from self-custodial wallets without the involvement of third-party intermediaries. Expanding Crypto U...
Bitcoin Could Plunge by Double Digits After Failed Breakout, According to Justin Bennett – Here’s His Outlook
A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet by double digits after failing to break out. In a new strategy session, crypto trader Justin Bennett tells his 110,800 foll...
Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge ...
JPMorgan: Bitcoin’s Market Resurgence Depends on Retail Investors as Crypto Ecosystem Faces Catalysts Shortage
JPMorgan’s latest analysis highlights the current state of the cryptocurrency market, emphasizing the need for retail investors to return for significant movement. The total market capitalization of c...