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Crypto market analysis: Why did Bitcoin drop?
We explore the present crypto market conditions, what drives the sentiments, ongoing events in the crypto space, and what to expect in the days ahead. The global crypto market has experienced volatility over the past week. Bitcoin (BTC), once sailing… дальше »
2023-8-22 18:15 | |
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3rd Biggest Bitcoin Stash Now Belongs To Unknown Wallet, Amassed In Over 3 Months
An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the recent revelation, some speculations and theories have been trending about the owner of the mysterious wallet. дальше »
2023-8-22 17:40 | |
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Chancer outlook after expert said Bitcoin is still in a bullish market
Bitcoin has been in a sharp downtrend in recent weeks but host of the “Wolf of All Street” podcast is convinced that the digital asset is still in a bullish market. Melker does not see a new low in Bitcoin ahead Scott Melker attributes the recent decline in BTC to a “long squeeze”. дальше »
2023-8-23 17:28 | |
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Long-term holders weather brief volatility surge
Key Takeaways Long-term holders now hold 75% of the total circulating supply of Bitcoin The cohort has been growing steadily over the last eighteen months Enthusiasts hope the growth in the number of coins hoarded by long-term holders will cause a supply shortage and squeeze the price upward in the long-term The last eighteen months […] The post Long-term holders weather brief volatility surge appeared first on CoinJournal. дальше »
2023-8-23 16:58 | |
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Why tracking Bitcoin with fiat is crucial
Challenging a recent claim that tracking Bitcoin against fiat currencies is futile, this article uncovers the indispensable link between them. Understanding and interpreting the market dynamics is essential in a rapidly evolving cryptocurrency landscape. Recently, a claim was made on… дальше »
2023-8-22 16:36 | |
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Bitcoin Dip Worth Buying? What Market Sentiment Suggests
The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain analytics firm Santiment has looked into how the trader sentiment has shifted in the BTC sector since the crash a few days back. дальше »
2023-8-22 15:30 | |
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Bitcoin Price Crash: What Do The Pro-Traders Say?
The Bitcoin price has fallen steeply between the 7th and the 22nd of August 2023. Are traders worried? In this post we check the pulse of several top traders and look at both the reasons for the fall - and where to next for BTC. дальше »
2023-8-23 15:00 | |
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Bitcoin devs rebuff Craig Wright lawsuit over $2.5B lost coins, cite history of forgery
Bitcoin (BTC) developers sued by the self-proclaimed inventor of the flagship digital asset, Craig Wright, have filed preliminary objections against claims that they failed in their fiduciary duty to help him recover over 100,000 BTC, worth roughly $2. дальше »
2023-8-22 14:30 | |
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Bitcoin is undervalued as price consolidated around $26k
Bitcoin (BTC) has been consolidating between $25,800 and $26,100 since Aug. 18. However, market intelligence data suggests that the flagship cryptocurrency is undervalued. According to Santiment, Bitcoin’s market value over realized value (MVRV) ratio on a 30-day moving average has… дальше »
2023-8-22 13:30 | |
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Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines
Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets. дальше »
2023-8-23 13:11 | |
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Shift to self-custody? $125M Bitcoin outflow stirs market interest
Quick Take Yesterday, Aug. 21, marked a remarkable shift in the Bitcoin landscape as finance experienced one of its most substantial outflows to date, approximately $125M. This considerable movement of funds away from finance platforms may suggest an increased preference among users for holding their own assets rather than keeping them on exchange platforms. дальше »
2023-8-22 13:00 | |
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How Bitcoin Price Can Reach $400,000 During Next Halving Era: Research
In a recent analysis titled “2024 Halving Analysis: Understanding Market Cycles and Opportunities Created by the Halving,” Blockware Intelligence delves into the intriguing possibility of Bitcoin’s price reaching $400,000 during the next halving epoch. дальше »
2023-8-22 11:30 | |
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Binance Coin (BNB) sees continued havoc as liquidation worries intensify
Binance Coin (BNB) continued price dip has caught the attention of market participants. Meanwhile, cryptocurrency enthusiasts speculate that the leading exchange may liquidate Bitcoin holdings to support its native token. дальше »
2023-8-23 10:35 | |
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Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means
After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply finds itself with a cost basis either near or surpassing the prevailing price. дальше »
2023-8-22 10:34 | |
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Crypto Expert Issues Dire Warning on Binance and BNB – Should You Panic Sell Now?
In recent weeks, parts of the cryptocurrency community have raised concerns over Binance’s backing of its native BNB token. Unlike other major exchanges like Coinbase, which hold significant reserves of Bitcoin, Binance relies heavily on its own BNB token. дальше »
2023-8-22 09:58 | |
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Binance Coin (BNB) Woes Continue as Liquidation Fears Mount
Binance Coin (BNB) continues to decline in value, leading to speculation that the exchange may begin to liquidate its Bitcoin holdings to stay afloat. BNB has lost 32% since June 2022. The post Binance Coin (BNB) Woes Continue as Liquidation Fears Mount appeared first on BeInCrypto. дальше »
2023-8-22 08:15 | |
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Bitcoin Ordinals' volume impresses despite these hurdles. Assessing...
Bitcoin Ordinals Inscriptions recently spiked to one of its highest volumes. Ordinals’ impact on Bitcoin fees has, however, decreased over time. Bitcoin Ordinals initially gained significaThe post Bitcoin Ordinals' volume impresses despite these hurdles. Assessing... appeared first on AMBCrypto. дальше »
2023-8-22 07:30 | |
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Bitcoin’s surprising stability: A signal of a maturing market despite severe dips
Quick Take On August 17, Bitcoin experienced its 190th worst day in terms of performance, showcasing a significant drop of 7. 23%. The market exhibited signs of distress with the price tumbling from around $29,000 to below $26,000. дальше »
2023-8-22 07:00 | |
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Bitcoin Price Signals Bearish Continuation But Bears Losing Strength
Bitcoin price is struggling to recover above the $26,500 level. BTC could gain bearish momentum if there is a move below the $25,600 support. Bitcoin is struggling to recover above the $26,500 resistance zone. дальше »
2023-8-22 06:26 | |
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Bitcoin traders should be ready to sweep the market unless BTC…
The $25,000 to $30,000 range still serves as an opportunity zone to buy BTC. Market participants have the buying potential provided the ecosystem remains liquid. After tracking the adjusted The post Bitcoin traders should be ready to sweep the market unless BTC… appeared first on AMBCrypto. дальше »
2023-8-22 05:30 | |
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Bitcoin Crashes Below 8-Month Support Line, More Pain Incoming?
For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at […] дальше »
2023-8-22 05:00 | |
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Why Bitcoin might soon exit the bear market
BTC’s open interest dropped sharply when its price plummeted. The Fear & Greed index revealed that the market was in a "fear" phase. Bitcoin’s [BTC] price once again dropped under thThe post Why Bitcoin might soon exit the bear market appeared first on AMBCrypto. дальше »
2023-8-22 04:30 | |
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RUNE Beyond Swaps: THORChain Introduces New Lending Protocol
In a recent development, THORChain (RUNE), the liquidity network, has unveiled its lending feature, enabling users to leverage their native Layer-1 (L1) assets, such as Bitcoin (BTC) and Ethereum (ETH), to secure loans denominated in TOR, a USD equivalent stablecoin. дальше »
2023-8-22 04:00 | |
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SEC’s Bitcoin ETF Decision Delay Sparks Significant Outflows
The SEC's delay in deciding on a Bitcoin ETF approval has prompted a significant Bitcoin sell-off, with outflows totaling $42m, according to a Coinshares report. The post SEC’s Bitcoin ETF Decision Delay Sparks Significant Outflows appeared first on BeInCrypto. дальше »
2023-8-22 02:46 | |
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Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows. дальше »
2023-8-22 02:20 | |
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Glassnode Co-Founder’s Prediction: DXY Set To Peak, Fueling Potential Bitcoin Rally To $37,000
The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level has resulted in a decline to $26,000. дальше »
2023-8-22 01:00 | |
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Bitcoin, Binance Coin correlation hits record 98%; speaks to wider market trends
Quick Take An intriguing observation from the crypto world highlights the significant correlation among prominent cryptocurrencies: Bitcoin and Binance Coin (BNB) have registered a striking correlation of 98% over the past year — an all-time high. дальше »
2023-8-22 01:00 | |
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VC Spectra’s (SPCT) Potential or BTC’s Popularity? Smart Holders Choose
Bitcoin is the trusted giant, while VC Spectra is emerging with captivating potential. As Bitcoin (BTC) retains its iconic status, VC Spectra (SPCT) promises innovation in defi. Savvy users see merit in both, suggesting a combined asset in Bitcoin’s stability and VC Spectra’s potential as the future’s winning strategy. дальше »
2023-8-22 00:32 | |
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Bears Regain Control Over Bitcoin For First Time In 2023, Signal Reveals
Up until this past week, bulls have been in charge of Bitcoin price action, maintaining a series of higher high and higher lows. While that uptrend structure isn’t yet broken, a tool that reveals the underlying strength of a trend points to bears having the upper hand for the first time in 2023. Sideways Bitcoin […] дальше »
2023-8-22 23:59 | |
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Bitcoin Reaches Most “Oversold” Record Since 2020: What This Means
Bitcoin price just experienced one of its fastest and sharpest corrections in over a year, dropping 10% in a matter of minutes. The mass liquidations and panic from the selloff caused BTCUSD daily charts to reach the most oversold level since the COVID crash in early 2020. дальше »
2023-8-22 23:51 | |
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Shiba Memu token is thriving despite the painful crypto sell-off
Bitcoin and other cryptocurrencies plunged hard last week. This decline happened amid a sense of fear in the financial market. Shiba Memu token sale has gained steam as the developers raised over $2. дальше »
2023-8-22 23:19 | |
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Proposed BIP 324 Upgrade On The Bitcoin Network Will Weaken Regulatory Censorship: Here’s What To Expect
The mainstream adoption of Bitcoin (BTC) continues to grow amid pressure on some governments and centralized financial institutions to curtail its buzz with tight regulatory frameworks and taxes. дальше »
2023-8-22 23:03 | |
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Bitcoin Open Interest Continues To Climb, Another Violent Move Incoming?
Data shows the Bitcoin open interest has continued to climb recently, a sign that another violent move may be brewing for the asset. Bitcoin Open Interest Is Steadily Going Up Right Now In a new post on X, Maartunn, the community manager at CryptoQuant Netherlands, has looked into how the derivative metrics for Bitcoin right […] дальше »
2023-8-22 23:00 | |
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