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Over 30% of Bitcoin supply now in loss amid crypto price rot

Bitcoin’s recent struggle since dipping below has seen more of the coin’s supply shift from a position of profitability, with 30%+ of supply in a loss. The cryptocurrency is trying to bounce above support-turned-resistance level around $38k, having fluctuated to lows of $36,350 amid broader market sell-off early Tuesday, According to on-chain analytics platform Glassnode, […] The post Over 30% of Bitcoin supply now in loss amid crypto price rot appeared first on Invezz. дальше »

2022-2-23 01:33


Is The Bitcoin Bottom In? Here’s What SOPR Data Says

Bitcoin has continued its rally breaking above $42k today, making many wonder whether $33k was the bottom. Here’s what the SOPR data says about it. Bitcoin Short-Term Holder SOPR Starts Turning Green Again As explained by an analyst in a CryptoQuant post, the current BTC SOPR pattern may look similar to that around the bottom formation back in July of last year. дальше »

2022-2-8 22:00


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New On-Chain Metrics Reveal Bitcoin Is “Only Marginally Above Bear Market Levels” Despite Hitting New Highs

Bitcoin has had a stellar run so far in November and has continued to build on the grounds covered in October. In the last ten days, the leading cryptocurrency has sustained prices between a low of $60,218 and a high of $68,789 which is notably also a new all-time high. It is up around 12% […] дальше »

2021-11-12 02:03


Institutions Making Large Bitcoin Purchases and Driving the Price Up as CME Futures Premium Surges to April Level

Bitcoin is comfortably trading around $54,000 after breaking above $50k earlier this week. According to Glassnode, more than 93. 5% of circulating BTC are currently in profit at this price. Interestingly it’s not just retail and the cryptocurrency industry that is getting excited about Bitcoin yet again. дальше »

2021-10-7 15:48


Bitcoin Shoots Above $50,000 as Funds Start Recording “Modest” Inflows, Ether’s Inflation Rate on a Downtrend

Bitcoin has hit $50,000 yet again. The leading cryptocurrency went as high as $50,350 on Coinbase today, a level last seen on August 23rd and before that May 15. Confidence is returning in the second leg of the bull market as bitcoin recovered sharply from its July low of around $28k. дальше »

2021-9-2 17:52


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UMA price analysis: is now a good time to buy this cryptocurrency?

UMA/USD has advanced from $9.10 above $15 since the beginning of August, and the current price stands around $13. Fundamental analysis: UMA has experienced tremendous growth in its user activity The cryptocurrency market continues to perform well in the last trading days of August 2021, Bitcoin is trading very close to $50000 resistance, and this […] The post UMA price analysis: is now a good time to buy this cryptocurrency? appeared first on Invezz. дальше »

2021-8-29 16:12


Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level

Breaking above $50k, Bitcoin price has recovered from the $29,760 low in July. As of writing, BTC/USD is trading around $47,500, about 26.7% down from its peak four months back. Just like price, other data metrics suggest that the leading cryptocurrency is on a path to recovery after the market-wide sell-off just three months ago […] The post Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level first appeared on BitcoinExchangeGuide. дальше »

2021-8-25 17:23


What does Bitcoin's current trajectory mean for Cardano, XRP, MATIC, and Dogecoin

The past seven days have been a wild ride, with the bulls getting a clear upper hand this time. As the total crypto market cap went above the $2 trillion mark once again, anticipation around another rThe post What does Bitcoin's current trajectory mean for Cardano, XRP, MATIC, and Dogecoin appeared first on AMBCrypto. дальше »

2021-8-15 03:00


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Serum (SRM) price analysis: is now a good time to buy this cryptocurrency?

Serum SRM/USD has advanced from $2.4 above $3.8 since July 21, and the current price stands around $3.5. Fundamental analysis: 90% of the remaining tokens will unlock in the next six years Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to DeFi while remaining fully trustless and […] The post Serum (SRM) price analysis: is now a good time to buy this cryptocurrency? appeared first on Invezz. дальше »

2021-7-31 21:32


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Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging

Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times.   Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the country has recorded volume above $35 million. дальше »

2021-7-13 10:03