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Bitcoin Declines Slightly As Short-Term Holders Take Profits

After surging to as high as $20. 9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed out by an analyst in a CryptoQuant post, the short-term holders seem to be using the latest price rise for profit taking. дальше »

2022-10-29 08:58


Why Bitcoin Bulls Might Be Ready To Breach $20,000 Into The Monthly Close

Stuck right below its 2017 all-time high, Bitcoin is moving sideways with low volatility over the past few days. The crypto market is preparing to close another monthly candle in the coming days. This event is set to move BTC and other cryptocurrencies, but in what direction? Related Reading: TRON Showing Hints Of A Major Rebound After A Week Of Rout At the time of writing, Bitcoin (BTC) trades at $19,000 with 0. дальше »

2022-9-27 21:28


AdEx Price Gains 20% As Market Plunges, Are Bulls Behind The Pump?

The price of AdEx (ADX) explodes with a double-digit gain against Tether (USDT) as bulls push the price to a higher region. Despite the market downtrend in recent days with Bitcoin (BTC) and Ethereum (ETH) all (Data from Binance) Related Reading: Polkadot Dev’t Activity Up In Last 7 Days, Despite Steady Drop In DOT Price AdEx (ADX) Price Analysis On The Weekly Chart  From the chart, the price of ADX, after seeing a major run to a high of $1. дальше »

2022-8-28 23:56


Bitcoin Funding Rate Remains Positive, More Decline Soon?

On-chain data shows the Bitcoin funding rate is still at a relatively high positive value, suggesting that the crypto might see more decline in the near term. Bitcoin Funding Rate Has Been At A Positive Value During The Last Few Days As pointed out by an analyst in a CryptoQuant post, the current funding rate suggests that the price is in a new decline right now. дальше »

2022-7-25 22:00