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Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means
After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply finds itself with a cost basis either near or surpassing the prevailing price. дальше »
2023-8-22 10:34 | |
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CME Bitcoin futures spike to unprecedented 23% amid overall market de-leveraging
Quick Take The futures market has always been a significant barometer of investor sentiment and speculation in the cryptocurrency arena. Recent data analysis suggests noteworthy trends in Bitcoin futures, particularly on the Chicago Mercantile Exchange (CME). дальше »
2023-8-22 19:00 | |
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Friend.tech founders have controversial ties to failed NFT project Kosetto
Information on social media platform X(formerly Twitter) suggests that Friend. tech founders 0xRacerAlt and Shrimppepe have connections to a failed NFT project, Kosetto. Kosetto NFTs Kosetto is a tradeable NFT wearables project launched last December on Ethereum. дальше »
2023-8-22 18:20 | |
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Solana (SOL) Price In Danger of Dropping Below $20: This Indicator Suggests More Downside
The Solana (SOL) price could see a decrease to its ascending support line near $15.40 if the ongoing decrease continues. The post Solana (SOL) Price In Danger of Dropping Below $20: This Indicator Suggests More Downside appeared first on BeInCrypto. дальше »
2023-8-21 15:36 | |
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Bitcoin price tumbled last week on SpaceX liquidating stash
SpaceX’s Bitcoin liquidation triggered a massive drop in Bitcoin’s price A double top pattern suggests more weakness might come The measured move hints at further downside into the $20k area Bitcoin price failed at the $30k level twice this year. дальше »
2023-8-21 15:16 | |
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BTC struggles around $26k as SpaceX drops its holdings
The Bitcoin (BTC) price has struggled around $26,000 after Elon Musk’s spacecraft manufacturer SpaceX dumped its BTC holdings. On the other hand, Glassnode data suggests that the number of wallets holding at least 1 BTC has reached an all-time high… дальше »
2023-8-21 12:44 | |
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Why Bitcoin miners are looking for a different modus operandi
Miners have now considered rigs as a better alternative to hardware equipment. The difficulty ribbon suggests that BTC offered a buying opportunity. Bitcoin [BTC] miners are shifting from thThe post Why Bitcoin miners are looking for a different modus operandi appeared first on AMBCrypto. дальше »
2023-8-19 09:30 | |
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New Zealand parliamentary report advises against hasty crypto regulation
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. дальше »
2023-8-19 21:23 | |
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Key Metric Suggests Institutional Traders Have Completed Their BTC Accumulation — Bullish Move Incoming?
Major institutional traders may have potentially concluded their Bitcoin (BTC) accumulation phase, paving the way for a bullish trend in the cryptocurrency market. MAC D, an analyst from onchain metrics firm Santiment recently shared insights into this intriguing development in an August 12 post, noting that this could be rooted in the tumultuous events of […] дальше »
2023-8-18 12:38 | |
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Bitcoin Drops, Is It A Pullback For A Sling To $45,000?
Tony “The Bull,” a crypto analyst and the Editorial Director at Bitcoinist, remains bullish despite the sell-off in Bitcoin. He suggests that the ongoing decline could be a dip that sets the stage for a leg up to $45,000 in the coming sessions. дальше »
2023-8-18 06:00 | |
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Tron's latest achievement suggests this about the network
Tron witnessed growth in its staking ecosystem. Metrics suggested that TRX’s popularity declined last week. Tron [TRX] adoption continues to rise at a commendable pace as the blockchain reThe post Tron's latest achievement suggests this about the network appeared first on AMBCrypto. дальше »
2023-8-15 04:30 | |
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Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day
Coinbase announced on Aug. 14 the launch of its Stand With Crypto Alliance, an initiative aimed at countering anti-crypto legislation by mobilizing the community at a grassroots level. While Coinbase has not detailed its long-term strategy, the company suggests that it aims to foster a grassroots movement and develop a proactive constituency advocating for legal […] The post Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day appeared first on CryptoSlate. дальше »
2023-8-15 04:00 | |
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BLZ price jumps amid high derivatives trading activity
Bluzelle (BLZ) has struggled since March. However, the recent spike in the asset’s trading activity has sparked a bull run for BLZ. Data provided by Coinglass suggests that the derivatives trading volume of Bluzelle rose by 300% over the past… дальше »
2023-8-14 12:41 | |
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SOPR Analysis Suggests Bitcoin (BTC) Target at $38,600
Since June 2023, Bitcoin (BTC) has traded in a tight range of $29,000-$31,000. Short-term fluctuations haven't caused a significant breakout or breakdown. The post SOPR Analysis Suggests Bitcoin (BTC) Target at $38,600 appeared first on BeInCrypto. дальше »
2023-8-13 11:47 | |
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SHIB could be headed for a bearish retracement and evidence suggests...
Shiba Inu shows multiple signs indicating bullish weakness. On-chain data showed a gradual buildup of sell pressure from whales. Shiba Inu [SHIB] has recently been on every investor's radar The post SHIB could be headed for a bearish retracement and evidence suggests... appeared first on AMBCrypto. дальше »
2023-8-12 06:30 | |
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Fed faces challenge as surging PPI at 0.3% surpasses predictions
Quick Take Recent financial data suggests a growing concern for the Fed as key inflation indicators show unfavorable trends. The Producer Price Index (PPI) — a prime measure of inflation — exhibited an unexpected increase for the first time in three months. дальше »
2023-8-11 16:30 | |
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Bitcoin Price Prediction 2024/25: 4-Year Cycle And Elliot Wave Can Coexist
The Bitcoin landscape is no stranger to debates and predictions. Two dominant theories are currently at the forefront: the 4-Year Cycle and the Elliot Impulse Wave. However, a comprehensive analysis by the esteemed crypto analyst CryptoCon, suggests a fascinating intersection of these two theories. дальше »
2023-8-11 11:20 | |
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USDC Vs USDT: Which Stable Do Institutional Traders Prefer?
Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction Size For USDC Is Greater Than USDT In a new post on X, the market intelligence platform IntoTheBlock has discussed how the metrics related to the two largest stablecoins in the sector compare against each […] дальше »
2023-8-10 03:00 | |
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Ethereum: Historical Playbook Points To $3,800 In Coming Months
Renowned analyst Josh Olszewicz has shared some compelling insights on Ethereum’s price trajectory. Drawing parallels from historical patterns, Olszewicz’s analysis suggests that Ethereum might be gearing up for a significant rally in the coming months. дальше »
2023-8-9 11:55 | |
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How Long Will Bitcoin (BTC) Accumulation Take? This On-Chain Indicator Suggests 6 Months
Net Unrealized Profit/Loss (NUPL), a key on-chain indicator, is in the yellow optimism range, historically signaling Bitcoin accumulation. Will history repeat? The post How Long Will Bitcoin (BTC) Accumulation Take? This On-Chain Indicator Suggests 6 Months appeared first on BeInCrypto. дальше »
2023-8-9 19:00 | |
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Cardano ADA Trends: Accumulation And Adoption
The recent developments in the Cardano ecosystem are indicative of both market dynamics and blockchain adoption trends. The price of Cardano (ADA) hovering around $0. 29 suggests a level of stability and investor interest, although it’s crucial to note that cryptocurrency markets can be highly volatile. дальше »
2023-8-8 12:47 | |
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Is Bitcoin Mispriced? Lessons From Past Volatility Slumps
Since its inception, Bitcoin has (almost) always been the poster child for volatility. Yet, the Bitcoin price is hardly moving in any direction at the moment. But the latest data suggests a surprising twist in the tale. дальше »
2023-8-8 10:20 | |
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MetaMask is the most popular hot wallet, CoinGecko data suggests
MetaMask is the number one hot wallet on the market, with over 22.66 million app installations and users, according to CoinGecko’s latest report. Crypto hot wallets According to CoinGecko, MetaMask is the most popular “hot wallet for self-custody,” with 22.66… дальше »
2023-8-7 15:55 | |
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Elon Musk suggests fight with Zuckerberg to stream on X
Elon Musk says his “bout” with Meta CEO Mark Zuckerberg should be streamed on X. Chancer is expected to disrupt the traditional bookmaker with a new betting model. $CHANCER presale has surpassed the $1 million mark amid huge investor interest. дальше »
2023-8-7 11:17 | |
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Why is Tether Selling Off? Your USDT is Now Worth $0.10 in Huobi, Top Analyst Reports
The famous Twitter analyst and technical analysis expert, Adam Cochran (@adamscochran), recently shared a detailed thread on the potential reasons behind Tether’s sell-off. He suggests that the likely cause is the insolvency of Huobi, a prominent cryptocurrency exchange. дальше »
2023-8-6 17:29 | |
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What Litecoin's decreasing hash rate suggests
Slashing block subsidies impacted miners' profitability. Contrary to the hype, LTC has exhibited bearish price action over the last few days. The Litecoin [LTC] ecosystem recently witnessed The post What Litecoin's decreasing hash rate suggests appeared first on AMBCrypto. дальше »
2023-8-6 04:30 | |
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Crypto Storm Brewing: Bitcoin Vortex Indicator Flashes Buy Alert
Bitcoin has flashed an important high timeframe buy signal on the Vortex Indicator. Find out why this suggests a storm of buying could be brewing in crypto — and why it could soon suck up everything in its path. дальше »
2023-8-4 16:36 | |
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Coinbase sees more revenue from subscriptions, services than fees
Coinbase, the largest cryptocurrency exchange in the U. S. , recorded more revenue from subscriptions and services than transaction fees in Q2 2023. The pivot is evident in data from Kaiko that suggests a significant dip in transactional revenue from Q3 2022 onwards. дальше »
2023-8-4 14:07 | |
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BIRTH OF A NEW TREND OR JUST A TEMPORARY FLUKE: Shiba Inu Decoupling from Bitcoin, Data Suggests
According to data analyzed by our own Admir Tulic, the meme cryptocurrency Shiba Inu (SHIB) appears to be decoupling from Bitcoin (BTC) based on their 30-day correlation coefficient. Admir, a renowned onchain analysis expert, examined the 30-day and 60-day correlation coefficients between SHIB and major cryptocurrencies using blockchain analytics platform IntoTheBlock. дальше »
2023-8-4 01:13 | |
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Ethereum (ETH) Faces Headwinds in August Amid $74M Whale Transfer
Ethereum's start to August has been underwhelming with ETH price dipping below the $1,850 support level on Wednesday. On-chain data analysis suggests that the August headwinds could worsen in the coming days. дальше »
2023-8-4 19:00 | |
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Social media bots suspected in possible FTX crypto price manipulation, reveals report
A new report by the Network Contagion Research Institute (NCRI) suggests that social media activity, especially from inauthentic accounts, may have significantly amplified the value of certain cryptocurrencies listed on the now-defunct FTX exchange. дальше »
2023-8-3 17:15 | |
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Chainlink (LINK) Breaking Multi-Month Downtrend, Analyst Suggests
Renowned crypto analyst and technical expert Rekt Capital (@rektcapital) has suggested on Twitter that Chainlink’s native token ($LINK) could be bucking a long-standing downward trend within its current trading range. дальше »
2023-8-2 17:54 | |
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Why Everyone’s Talking About $X: This Trading Indicator Suggests an Upward Trend
The cryptocurrency, known as $X, is gaining attention from investors and traders alike, with its promising performance and growing community of holders. The speculation of an upcoming launch of Twitter’s own X token has sparked a frenzy of copycat tokens trying to ride the coattails of the hype. дальше »
2023-8-2 13:03 | |
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WrappedBitcoin (WBTC) Sees Largest Transaction Volume, Impacts Bitcoin Price
Today’s surge in WrappedBitcoin (WBTC) activity, driven by two significant 2,000 $WBTC moves, has led to a drop in exchange supply. This decrease in available WBTC on exchanges suggests increased demand and potential interest from investors and traders. дальше »
2023-8-2 08:56 | |
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FTX To Eliminate FTT Token, Suggests Creditors Be Paid In Cash
In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash. дальше »
2023-8-1 15:00 | |
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Here’s What Bitcoin’s Spike In Trading Volume Suggests For The Asset
Bitcoin is currently still stalling just above $29,000, making this one of the longest stretches that the digital asset has spent at this level. This constricted price range usually means that there is muted interest in the digital asset right now; however, the daily trading volume for Bitcoin suggests that this may not be the […] дальше »
2023-8-1 02:00 | |
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Could a new surge in TUSD supply trigger another Bitcoin rally?
The circulating supply of TrueUSD (TUSD), a highly liquid stablecoin, has seen a significant increase of almost $250 million between July 29 and July 30. While this might appear as a minor uptick for a stablecoin with a circulating supply exceeding $3 billion, historical data suggests that notable price rallies have often followed such spikes […] The post Could a new surge in TUSD supply trigger another Bitcoin rally? appeared first on CryptoSlate. дальше »
2023-8-1 21:45 | |
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Dogecoin Price Prospects: Can The Memecoin Climb To The $0.1 Level?
Dogecoin (DOGE) has been witnessing a notable recovery in recent days, and technical analysis suggests that an ascending trendline is providing significant support to this upward movement. An ascending trendline represents a price chart that connects a series of higher lows over time. дальше »
2023-8-1 15:30 | |
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