Bitcoin Hits a $100 Million Sell Wall as New Buyers Take Profit

Bitcoin fell back to the $91,000 zone on Tuesday after briefly reclaiming $94,000 a day earlier. Fresh data showed strong selling pressure near key resistance despite improving underlying demand indicators.

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Bitcoin struggles to breach $86.8k resistance - Will bears stage a comeback?

Bitcoin has a bearish 1-day structure but showed chances of a price bounce toward $88k. The liquidation heatmap showed that bulls should be cautious of taking long positions on BTC. Bitcoin The post Bitcoin struggles to breach $86.

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Ethereum: Decoding if ETH would lose sight of $1,600 and its dominance over this...

As October nears its end, Ethereum [ETH] has been able to sustain its price dominance over Bitcoin [BTC] with signs to even command better. An overview of the last thirty days showed that ETH increaseThe post Ethereum: Decoding if ETH would lose sight of $1,600 and its dominance over this... appeared first on AMBCrypto.

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First Mover Asia: Scams on Binance's BNB Chain Highlight Weaknesses in Quality Control; Bitcoin Sags

A Solidus Labs report showed that Binance’s BNB Chain leads in volume of scams. The exchange giant’s validators were able to prevent a major hack earlier this month. Could they play a bigger ongoing role through a quality control DAO?

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Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says

Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet.

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Bitcoin sees a constriction on the price charts, what could the outcome be

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Technical indicator showed volatility at aThe post Bitcoin sees a constriction on the price charts, what could the outcome be appeared first on AMBCrypto.

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Bitcoin [BTC] Yes, supply on exchanges is at a 4-year low, but there is more

During the intraday trading session on 18 October, the leading coin Bitcoin [BTC], recorded a surge in activity across various exchanges, data from Santiment showed. According to the blockchain anThe post Bitcoin [BTC] Yes, supply on exchanges is at a 4-year low, but there is more appeared first on AMBCrypto.

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Bitcoin Stuck in a Rut as BofA Survey Reveals 'Long Dollar' Is Most Favored Trade

Bank of America's October survey of fund managers showed the "long dollar" as the most sought after bet for the fourth straight month.

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Bitcoin: A tale of how naysayers were plunged into losses in last 24 hours 

Following the release of the September Inflation Report Data that showed that the consumer price index (CPI) rose 8.2% in September on a 12-month basis, the cryptocurrency market was hit momentarily bThe post Bitcoin: A tale of how naysayers were plunged into losses in last 24 hours  appeared first on AMBCrypto.

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Bitcoin holders should look at these metrics before deciding to HODL

Bitcoin [BTC] did give investors some hope as it showed some promising growth over the last seven days. However, it appeared that bears took control of the king crypto yet again.  According to datThe post Bitcoin holders should look at these metrics before deciding to HODL appeared first on AMBCrypto.

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Bitcoin: Assessing the impact of BTC's correlation with traditional markets

No thanks to the worsening macroeconomic conditions, the cryptocurrency market was severely beaten down in the last quarter, a new report from Cryptorank (an analytics platform) showed.  FollowingThe post Bitcoin: Assessing the impact of BTC's correlation with traditional markets appeared first on AMBCrypto.

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Bitcoin's emission rate might surprise HODLers in this bear season

The bear market has been in effect for some time, and it may have resulted in Bitcoin reducing its emissions. The reports from the Cambridge Centre for Alternative Finance showed a decline in Bitcoin The post Bitcoin's emission rate might surprise HODLers in this bear season appeared first on AMBCrypto.

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Bitcoin Falls Under High Selling Pressure, What Will Shoot Its Price?

Bitcoin and other major altcoins have displayed a correlation between macroeconomic factors and virtual currencies. After the August CPI data release, almost all the crypto assets started dropping.

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Bitcoin: Despite spot-market bloodbath, BTC's OI represents a 'healthy' picture

New data from intelligence firm CoinGlass showed that >$280 million worth of digital assets liquidation in the last 24 hours. Surprisingly, the star of the show- Ethereum [ETH] led the rally. This The post Bitcoin: Despite spot-market bloodbath, BTC's OI represents a 'healthy' picture appeared first on AMBCrypto.

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Bitcoin Price Crashed Amidst Wider Sell Off, This Could Be The Next Stop

Bitcoin price plunged close to 8% over the past day owing to the high Consumer Price Index report. The prices of most altcoins fell on their respective charts after the CPI showed a 0. 1% increase in August, which has now taken the unadjusted value to 8.

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Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall

Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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ApeCoin Breaks Out With Degen Play Activated, Can $7.5 Be The Target?

The price of ApeCoin (APE) has recently struggled against tether (USDT) after seeing its price rejected from $7. 5. Bitcoin’s (BTC) price showed some great strength bouncing off from a low of $18,500 to a high of $21,000.

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Optimism (OP) Flashes Double-digit Gains, Can Bulls Push Price To $2?

The price of Optimism (OP) has struggled against tether (USDT) in recent weeks after seeing its price rejected from $2. 5. Bitcoin’s (BTC) price showed some great strength bouncing off from a low of $18,500 to a high of $21,000.

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Polygon Shows Bearish Signs, Can $0.76 Support Hold Price Of Matic?

The price of Polygon (MATIC) has struggled to stay above the key support zone of $0. 8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement.

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Bitcoin Breaks Key Support Of $19,000 As Bulls Sweats, What Is Next?

The price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000, with the price stalling on the next movement. Despite so many expectations of the price having a short squeeze to a range of $21,600 before Bitcoin (BTC) next moves down, this wasn’t the case as the price broke below key support of $19,000.

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Lido (LDO) Price Spikes Over 10% In 24 H, Making It Most Profitable Alt

The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0. 87% and 2. 58%. BTC’s price is $20,319. 03, while ETH has regained a hold on $1589.

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300 days into Bitcoin bull market peak of $65k- What does it hint at

Bitcoin [BTC] may be inching towards greener pastures after the latest on-chain activity showed some bullish indicators. According to the analytic firm Santiment, Bitcoin supply continues to be witThe post 300 days into Bitcoin bull market peak of $65k- What does it hint at appeared first on AMBCrypto.

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TA- Near Protocol Struggles With Resistance, Can Bulls Push Price To $6?

The price of Near Protocol (NEAR) showed bullish signs of going higher to a region of $6-$7, but the price was rejected back to its support area, where it has found high demand for its price. Bitcoin (BTC) and Ethereum (ETH) all saw a relief bounce from their monthly low, leading to altcoins like Near Protocol (NEAR) having a measure of relief bounce.

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Avalanche Price Slips At $30 As AVAX Eyes Key Support

The price of Avalanche (AVAX) slips at $30 against Tether (USDT) as Avalanche (AVAX) eyes key support to hold the price from selling off. AVAX showed great strength rallying to a high of $30 but was rejected as Bitcoin’s (BTC) price continued to go lower, affecting the price of AVAX from trending higher.

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Exchange Giant CME’s Bitcoin Futures Just Hit a Huge Discount to Spot Prices

On Monday, CME's bitcoin futures showed a 3.36% discount, surpassing previous lows of 2.39%.

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Bitcoin and Ethereum futures are re-exerting dominance over spot markets

An analysis of Bitcoin and Ethereum futures volume showed that both had re-established themselves over spot volume. The post Bitcoin and Ethereum futures are re-exerting dominance over spot markets appeared first on CryptoSlate.

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Bitcoin Price Must Clear This Level If It Wants To See $28,000

Bitcoin’s trajectory in the recent recovery showed a clear intent from bulls to target the $28,000. While it hit some important milestones in its big to reach this level, it has been unsuccessful in reclaiming it.

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Kevin O’Leary says sovereign wealth funds want Bitcoin

A recent YouTube post from Anthony Pompliano showed snippets of Kevin O’Leary talking about Bitcoin interest from sovereign wealth funds (SWF). The post Kevin O’Leary says sovereign wealth funds want Bitcoin appeared first on CryptoSlate.

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Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000.

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Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter

Carbon-free mining company Sphere 3D‘s July 2022 report showed that it managed to keep up with its usual performance in July even though the 4,000 new mining rigs were held back in the United States customs during the winter market, where mining companies have been taking significant hits.

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Nigeria becomes the most crypto-obsessed nation after April crash: Report

The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored “Bitcoin” in 14 of them.

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Why does Bitcoin pollute so much?

Cryptocurrencies are famously bad for the environment… but is there a way we can do better? A study titled “Revisiting Bitcoin’s Carbon Footprint” showed how Bitcoin could be responsible for 65. 4 megatons of carbon emissions annually, which is about the same amount as the entire country of Greece.

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Bitcoin Price Touched $23,300, Will The Bearish Thesis Be Invalidated?

Bitcoin price has managed to power through and retain its momentum above the $23,000 mark. Over the past week, the coin displayed bullish momentum. In the last 24 hours, Bitcoin showed minor appreciation, however, it has remained steady above its local support level.

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Bitcoin Cash [BCH] reclaims the $150 price level but...

Bitcoin Cash [BCH] is among the top gainers in the last seven days after going through another strong bullish phase. An interesting outcome considering that it showed signs of a potential bearish retrThe post Bitcoin Cash [BCH] reclaims the $150 price level but... appeared first on AMBCrypto.

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Tesla selling 75% of its Bitcoin is ‘great news’, says Tron founder

Tesla Inc. (TSLA) sold 75% of its Bitcoin (BTC) holdings for $936 million in the second quarter ending June, details from the company’s quarter 2 results showed. According to the electric carmaker, offloading the BTC came amid uncertainty over the company’s liquidity in the midst of Covid shutdowns in China.

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Tesla breaks even on Bitcoin sale, Musk confirms no Dogecoin was sold

Tesla released its Q2 2022 financial report on July 20, which showed the company had sold 75% of its Bitcoin holdings, netting $936 million in the process. The post Tesla breaks even on Bitcoin sale, Musk confirms no Dogecoin was sold appeared first on CryptoSlate.

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Miners sold 14K Bitcoin worth $300M on July 15, largest dump since January

Numbers from blockchain analytics firm CryptoQuant showed that miners sold 14,000 Bitcoin (BTC) worth roughly $300 million on July 15, the largest amount sold since January. The post Miners sold 14K Bitcoin worth $300M on July 15, largest dump since January appeared first on CryptoSlate.

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Litecoin Rejected At $55, Bears Might Drag LTC Below Immediate Support Line

Litecoin attempted to rise on its chart, however, the bears were still strong on the chart. Although the coin showed some recovery, technical outlook pointed towards further decline. Bitcoin too has lost steam as the coin plunged below the $20,000 mark.

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Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.

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Bitcoin slides as US inflation jumps 9.1%

Bitcoin price slipped below $20,000 on Wednesday after headline US inflation data showed the…

The post Bitcoin slides as US inflation jumps 9.1% appeared first on CoinJournal.

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What I Discovered About Bitcoin Culture On The Bitcoin Tour

Journeying across the United States and visiting various Bitcoin meetups showed certain aspects of Bitcoin culture are consistent regardless of location.

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Analysis: Miner capitulation reached 2018 bear market levels

Bitcoin fell to lows of $17,600 last week, with investors losing over $7. 3 billion over three brutal days. Glassnode data showed long term investors sold more than 178k bitcoins over the period, while the sell-off accounted for over 555,000 BTC.

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Why Bitcoin Is Colombia’s Main Character: New Presidency & More

Colombia just elected a new president, and Bitcoin is the hope of both his followers and worried opposition. Who Is Gustavo Petro? As per the NYTimes, only 58% of Colombia’s 39 million voters showed up to cast vote.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge.

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Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6%

Bitcoin’s (BTC) price sank following the latest United States Consumer Price Index (CPI) release, which showed that the index had hit 8.6% — its highest level in 40-years. The post Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6% appeared first on CryptoSlate.

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The more you know about Bitcoin, the more optimistic you are: Block survey

Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto.

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Cardano’s ADA Spikes 25%, Leads Gains in Crypto Majors

Bitcoin showed signs of bottoming out earlier this week, with the broader market adding some 4.4% in the past 24 hours.

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How The Federal Government Showed Me The Importance Of Bitcoin

The government’s overreach in taking my website was a hands-on experience that taught me why Bitcoin was necessary.

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