What is the Bitcoin Puell Multiple Indicator and How Does It Work?

The Puell Multiple is a powerful tool for Bitcoin investors, analyzing miner revenues to identify potential market tops and bottoms. Here’s how to read it—and what it’s signaling today. дальше »

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Bitcoin $108K all-time high lasts seconds as BTC price dives 2.4%

Bitcoin runs into fresh volatility as analysts warn that “multiple weeks” of BTC price upside may be at stake.

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Bitcoin miners dump $13B BTC in December - Cause for concern?

Miners sold over $13B BTC in the first half of December.  Per Puell Multiple, BTC wasn’t overvalued or in a red zone yet.  Bitcoin [BTC] miners have intensified selling since the cryptocThe post Bitcoin miners dump $13B BTC in December - Cause for concern? appeared first on AMBCrypto. дальше »

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Should you buy Bitcoin at $100K? Analyst says check THESE boxes first!

Analyst Ki Young supports buying Bitcoin at $100K anticipating a $145K price. Multiple metrics pointed $100K as the level to propel BTC to $160K. As Bitcoin [BTC] continued to show strength,The post Should you buy Bitcoin at $100K? Analyst says check THESE boxes first! appeared first on AMBCrypto. дальше »

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Bitcoin Price Around $200,000 “Achievable” By 2025 End, Standard Chartered Says

Bitcoin (BTC) price surged beyond $100,000 yesterday, propelled by multiple positive developments throughout the year. The flagship cryptocurrency’s ascent has led Standard Chartered to predict that BTC could double in price to $200,000 by the end of 2025. дальше »

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US Bitcoin miners face delays as customs hold Bitmain shipments over sanctions concerns

US Bitcoin mining operations are facing significant delays after the Customs and Border Protection (CBP) agency held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace reported on Nov. дальше »

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Bitcoin Is About To See A Historically-Profitable Crossover In This Metric

On-chain data shows the Bitcoin Puell Multiple is about to undergo a crossover that has historically been very bullish for BTC’s price. Bitcoin Puell Multiple Could Cross Its 365-Day MA In Near Future As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple has been approaching its 365-day moving average (MA) recently. дальше »

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Bitcoin Puell multiple nears key level - What this means for investors

Bitcoin could be on the verge of another rally according to its Puell Multiple. Bullish optimism and extreme greed may point to possible reversal. The bullish Bitcoin [BTC] momentum that we The post Bitcoin Puell multiple nears key level - What this means for investors appeared first on AMBCrypto. дальше »

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Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why

Last week, Bitcoin saw consistent upward momentum, leading to the asset breaching multiple resistances to achieve a peak of $93,477 finally. However, ever since, BTC has seen a price decrease and appears to maintain stability above $90,000 while showing signs of controlled market sentiment. дальше »

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Satoshi-Era Bitcoin Miners Offload 400 BTC: What’s Going On?

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Bitcoin hits $87k in relentless post-election rally to new frontiers

Bitcoin (BTC) broke multiple new price levels throughout the day on Nov. 11, reaching a new all-time high of $87,450 as it continues its blistering post-election rally into price discovery. As of press time, the flagship crypto was trading at $87,169, up almost 10% for the day and roughly 25% since Donald Trump was declared […] The post Bitcoin hits $87k in relentless post-election rally to new frontiers appeared first on CryptoSlate. дальше »

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Bitcoin Undergoes Multiple Major Breakout: A Super Cycle For BTC Imminent?

The general cryptocurrency market has seen notable upward momentum in the past few weeks, with Bitcoin, the largest digital asset, leading the market once more toward what several seasoned crypto analysts believe to be one of the biggest bull runs ever. дальше »

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Bitcoin all-time high at $76.8K is just the beginning, according to data

Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher. 

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Bitget Research: ETFs not the only factor behind Bitcoin’s run

Ryan Lee, the chief analyst at Bitget Research, observed that while Bitcoin exchange-traded funds play a major role in driving demand, multiple factors are contributing to Bitcoin’s momentum. Since January 2024, when spot Bitcoin (BTC) ETFs began trading in the… дальше »

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Tesla didn’t sell its Bitcoin—could BTC payments be back on the table?

Tesla might still be holding onto its $777 million Bitcoin stash after last week’s transfers to multiple new wallets, which sparked speculation that a sell-off could be forthcoming. In an Oct. 22 follow-up, Arkham Intelligence noted the recent movements of… дальше »

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Tesla quietly moves $769m in Bitcoin to multiple unknown wallets

Cybertruck manufacturer Tesla has moved its Bitcoin holdings across multiple unidentified wallets after two years of dormancy. According to data from Arkham Intelligence, Tesla-labeled wallets started moving the funds on Oct. дальше »

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Grayscale files to convert multi-crypto fund into ETF

Grayscale asked the SEC for permission to convert its $524 million fund tracking multiple cryptocurrencies — including Bitcoin, Ether and Solana — into an ETF. дальше »

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RedStone brings oracles for Bitcoin staking to expand use cases in defi

Blockchain oracle provider RedStone has announced the launch of oracles designed specifically for Bitcoin staking. RedStone, a modular oracle provider, is expanding the list of its available oracles across multiple networks by introducing oracles tailored for Bitcoin (BTC) staking, now… дальше »

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Bitcoin: Is $100K within reach for BTC? Historic trends reveal...

One expert points to historical trends as a strong indicator of an impending BTC rally. Several key metrics support the potential for Bitcoin to climb higher, backed by multiple confluences in The post Bitcoin: Is $100K within reach for BTC? Historic trends reveal... appeared first on AMBCrypto. дальше »

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This Is Why Bitcoin (BTC) May Be On Its Way to $69,000

Bitcoin's Puell Multiple and positive funding rate signal potential for a rally towards $69,000, barring increased selling pressure. The post This Is Why Bitcoin (BTC) May Be On Its Way to $69,000 appeared first on BeInCrypto. дальше »

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Here's why Bitcoin’s ATH could be closer than you think

Bitcoin could create a new all-time high in Q4 with a rally driven by multiple catalysts. However, profit-taking activities might continue to stifle the short-term rally. Bitcoin [BTC] tradeThe post Here's why Bitcoin’s ATH could be closer than you think appeared first on AMBCrypto. дальше »

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Last chance to buy 'discounted' Bitcoin? Puell Multiple suggests…

BTC's multi-month price range could soon be over.  Analysts projected BTC could explode above $90K in Q4 2024.  Bitcoin [BTC] has been stuck in a choppy price range for over six months, puThe post Last chance to buy 'discounted' Bitcoin? Puell Multiple suggests… appeared first on AMBCrypto. дальше »

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Bitcoin: Multiple groups make different moves, affect BTC

BTC has experienced increased volatility over the past month.  Despite the decline, new whales continue to enter the market as old ones hold their position. Bitcoin [BTC] has seen one of tThe post Bitcoin: Multiple groups make different moves, affect BTC appeared first on AMBCrypto. дальше »

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Bitcoin price prediction - Here's how a new BTC Golden Cross can play out

Bitcoin's Puell Multiple dropped below 0.4, signaling a market bottom and a fall in miner selling pressure A golden cross on the 2-month chart and tightening Bollinger Bands suggested a potentiThe post Bitcoin price prediction - Here's how a new BTC Golden Cross can play out appeared first on AMBCrypto. дальше »

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Crypto Hack: Indonesia’s Indodax Goes Offline After Suspected $22M Breach

Indonesian cryptocurrency exchange Indodax is the latest to fall victim to a hack, resulting in the theft of approximately $22 million in digital assets. Indodax Pauses Platform Operations Due To Security Breach According to a post by blockchain security firm SlowMist on X, the hackers stole digital assets such as Bitcoin (BTC), multiple ERC-20 tokens […] дальше »

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Indodax hit by $20.5M exploit, North Korea link suspected

Indonesian crypto exchange Indodax has reportedly suffered a $20. 5 million exploit, according to blockchain security firm Cyvers. The losses were spread across multiple chains, including a $1. 4 million loss in Bitcoin and a $5 million theft on the TRON and Polygon networks. дальше »

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Is Bitcoin's bottom close by? The next buy opportunity may be...

Bitcoin could bottom soon amid rising Bitfinex long positions According to the Mayer Multiple, BTC's press time price may be undervalued and a relative bargain Since early August's massive sThe post Is Bitcoin's bottom close by? The next buy opportunity may be... appeared first on AMBCrypto. дальше »

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Understanding Bitcoin’s Drop Below $60K: What’s Behind the Decline

Bitcoin did manage to break through the $60,000 barrier earlier in August, but it has struggled since to maintain this psychological target. While this much is clear, investors are all asking the same question – what’s keeping BTC’s price down? Analysts say that there are multiple factors impacting the price and that the latest major […] The post Understanding Bitcoin’s Drop Below $60K: What’s Behind the Decline appeared first on CaptainAltcoin. дальше »

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Bitcoin onchain indicator signals $58.5K price near ‘favorable’ buy level

A CryptoQuant contributor has indicated that a slight decrease in the Bitcoin Puell Multiple index could present a “favorable buying opportunity.” дальше »

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Bitcoin's loss could be Solana's gain - Here's why $187 target may be in sight

A bearish divergence appeared on BTC's dominance chart If SOL turns bullish, then it might target $187 in the coming weeks Bitcoin's [BTC] dominance has been rising for multiple weeks now, sThe post Bitcoin's loss could be Solana's gain - Here's why $187 target may be in sight appeared first on AMBCrypto. дальше »

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Should you invest in Bitcoin Dogs as it lists on multiple exchanges today?

Bitcoin is often considered a bellwether that sets the direction for the entire crypto market—a phrase you’ve likely heard several times in 2024. But there’s one meme coin that stands to benefit from Bitcoin’s anticipated strength—Bitcoin Dogs. дальше »

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Bitcoin’s 2022 bull cycle shows recurring deep corrections, aligning with historical patterns

Onchain Highlights DEFINITION: Bitcoin bull market corrections: drawdowns compared across previous cycles Bitcoin’s 2022+ cycle reveals a continuation of steep corrections, evidenced by multiple drawdowns exceeding 20% from peak values. дальше »

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Senate insiders claim Harris eyeing Gensler for Treasury as DNC skips adding Bitcoin in platform

Vice President Kamala Harris is considering nominating SEC chair Gary Gensler as Treasury Secretary under her administration if elected president, the Washington Reporter reported on Aug. 19, citing “multiple senior Senate staffers. дальше »

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Puell Multiple drops as miner revenues hit 10-month low

Miner revenues serve as a barometer for the overall state of the Bitcoin ecosystem, reflecting the delicate balance between mining costs, Bitcoin price, and network difficulty. Since Apr. 24, miner revenue has consistently been below its 365-day simple moving average (SMA), with only two brief exceptions in early June. дальше »

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Bitcoin’s Puell Multiple struggles to recover post-April halving decline

Onchain Highlights DEFINITION:The Puell Multiple is calculated by dividing the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value.   The Puell Multiple metric, which measures the ratio of the daily issuance value of Bitcoin to its 365-day moving average, dropped to 0. дальше »

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Binance to convert Monero, Bitcoin Gold to USDC, delist Loom Network

Binance is set to convert over a dozen tokens into the USDC stablecoin while also delisting six additional tokens as part of its latest platform adjustments. Cryptocurrency exchange Binance is set to convert multiple tokens on its platform to USDC… дальше »

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Multiple Bitcoin Metrics Indicate Potential BTC Bottom: Analyst Eyes Rebound to This Price Target

The price of BTC has started to show a green candlestick today after being bearish for the past week. The bearish move was not unexpected as some experts like Rekt Capital, in the newsletter published last week, spoke about some obvious bearish indicators for BTC. дальше »

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Bitcoin 2024 day 2 recap: Saylor’s vision, RFK’s remarks steal the show in Nashville

Day two of the Bitcoin 2024 conference in Nashville was a whirlwind of insights, forecasts and political statements, reflecting the growing influence of Bitcoin across multiple sectors.  With notable figures such as Michael Saylor, Edward Snowden, and independent presidential candidate… дальше »

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Elon Musk’s X removes popular crypto emojis, leaving community puzzled and concerned

In a surprising move, Elon Musk’s social media platform X has removed several popular cryptocurrency emojis, sparking confusion and concern within the crypto community.   The sudden change affects multiple digital currencies, including Bitcoin, which has used these emojis to enhance visibility and engagement since 2020. дальше »

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Bitcoin traders forecast ‘splendid’ bullish price action now that BTC is above $65K

Multiple Bitcoin price metrics point to an incredibly bullish “post-halving growth trajectory.”

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Bitcoin: Buying opportunity opens up - Does this indicate a BTC rally?

Bitcoin’s Puell Multiple has been on a decline in the last month. This provided a buying opportunity for market participants. The recent decline in Bitcoin's [BTC] Puell Multiple hinted atThe post Bitcoin: Buying opportunity opens up - Does this indicate a BTC rally? appeared first on AMBCrypto. дальше »

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Bitcoin mining trends: Miners bet on recovery after BTC drops 10%

BTC was down by more than 10% in the last seven days.  BTC miners’ balance increased, meaning that they were buying the coin.  Bitcoin [BTC] off late has faced multiple price correctionsThe post Bitcoin mining trends: Miners bet on recovery after BTC drops 10% appeared first on AMBCrypto. дальше »

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Crypto experts divided on the next Bitcoin price action

Bitcoin price has lost momentum and entered a bear market over the past few weeks amid multiple headwinds. BTC dropped to a multi-month low of $53,540 last week, its lowest point since February. It has since recovered some of those… дальше »

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3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in

Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price.

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Bitcoin $500K prediction, spot Ether ETF ‘staking issue’— Thomas Fahrer, X Hall of Flame

Thomas Fahrer says multiple “low-probability” events could push Bitcoin into a “strong bull market.”

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Donald Trump in talks to speak at Bitcoin 2024 convention

Former President Donald Trump is reportedly in discussions to speak at the Bitcoin 2024 convention in Nashville at the end of July. According to multiple media reports, this potential engagement highlights Trump’s growing association with the cryptocurrency sector, setting him apart from President Joe Biden’s more reserved stance on digital currencies. The significance of Trump’s […] дальше »

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Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps

The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains." дальше »

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9 Elon Musk tweets that moved the crypto markets

Elon Musk’s short posts about crypto have delivered double-digit gains for Bitcoin, Dogecoin, and SHIBA INU on multiple occasions. How many do you remember? X (still referred to as Twitter by practically everyone) has long established itself as one of… дальше »

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Bitcoin Price Prediction: Will $72K Target Trigger Summer Rally? Analyst Warns of These Key BTC Levels

Bitcoin’s price action has been marked by shifts, hitting multiple target zones within a single day. As Zen, a crypto analyst, highlights, Bitcoin’s price movement has been erratic, similar to gold’s behavior. дальше »

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Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. дальше »

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