Bitcoin Approaches $30K, Reaching Highest Price Since June

2023-4-11 00:56

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

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Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […] The post Why is Bitcoin going up? $26K breached but there is reason for suspicion appeared first on CoinJournal.

2023-3-15 17:24


Bitcoin Exchange Outflows Reach Highest Value Since FTX Crash, Bullish?

On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative Values As an analyst in a CryptoQuant post pointed out, around 7,000 coins have left the exchange in this latest spike.

2023-1-28 21:16


Bitcoin Whales Continue To Shed Holdings, Prices Not Attractive Enough?

On-chain data shows Bitcoin whales have continued to shave off their holdings in recent weeks, suggesting that the current lows may not be attractive enough to them. Bitcoin Whales Continue To Sell Despite The Recent Deep Lows As pointed out by an analyst in a CryptoQuant post, the number of investors with balances in the 1k to 10k BTC range have continued to decline recently.

2022-12-10 00:00


Bitcoin Bullish Signal: Whales With 1k-10k BTC Have Been Accumulating

On-chain data shows the number of Bitcoin whales with 1k to 10k BTC in their wallets have been increasing lately, suggesting that investors have been accumulating the crypto. Bitcoin UTXO Count Value Bands Show Signs Of Accumulation In Market As pointed out by an analyst in a CryptoQuant post, there seems to be accumulation going in the BTC market in recent days.

2022-11-3 22:00


Ethereum Investors Close 300k Long Positions on Bitfinex, Rally To Stop Soon?

Data shows around 300k in ETHUSD long positions have been closed on the Bitfinex Ethereum futures market, something that could provide impedance to the latest rally. Ethereum Long Positions Have Dropped By More Than 300k During The Last Few Days On Bitfinex As pointed out by an analyst in a CryptoQuant post, the past data of the ETHUSD long positions on the crypto exchange Bitfinex would suggest the current pattern may prove to be bearish for the value of the coin.

2022-8-10 22:00