Bitcoin is trading for $59,545, a slight increase of 0.5% in the past 24 hours. Although little, this surge in its price is quite noteworthy as it comes against the backdrop of Bitcoin’s price plunging as low as $57,812 earlier today. Regardless of this modest recovery, a recent analysis by a CryptoQuant author on the…
Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon? Read More »
Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC has hovered between $58,000 and $60,500 for the past week. However, the dip below all-time…
Bitcoin has observed a pullback down to the $58,000 level during the past day. Here’s what could be the cause behind it, according to on-chain data. Exchanges Have Seen A Large Amount Of Tether Withdrawals Recently According to data from the market intelligence platform Tether (USDT) outflow spree exceeding $1 billion. Investors usually keep their…
Bitcoin Observes Pullback To $58,000: Is This The Cause? Read More »
Aptos (APT) goes against the market’s general downward momentum. According to CoinGecko, the token is up more than 25% since last week, a good sign despite the broader market dipping by 3% in the past 24 hours. The network is breaking new ground today. The Aptos main X account recently announced that their platform achieved…
Aptos (APT) Inks 25% Gain After Hitting A New Milestone – Details Read More »
Recently, crypto analysts have been attracted to Bitcoin Cash (BCH); Alan Santana provided an extremely intricate analysis concerning the coin’s future. He advises investors though to hold off on accumulating BCH until the market shows clearer signs of stability. The cautious outlook for Santana was based on the notion that, from his belief, the correction…
Bitcoin Cash (BCH): Analyst Pinpoints Prime Moment For Strategic Buy Read More »
The Bitcoin price continues to trade sideways, as uncertainties on the macro side have made investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the possibility of the crypto dropping to as low as $48,000. What Could Make Bitcoin Drop To As…
Crypto Analyst Reveals What Could Drive The Bitcoin Price To $48,000 Read More »
Despite the muted performance of Bitcoin in recent months, the 13-F filings for the spot exchange-traded funds (ETFs) paint a bullish picture for the BTC price. Bitwise Chief Investment Officer (CIO) Matt Hougan has shared a recap of the three most interesting takeaways from the Q2 filings via X. His findings underscore a growing and…
Bitwise CIO Reveals Three Super Bullish Signals From Bitcoin ETFs Read More »
Popular cryptocurrency analyst Jonathan Carter has noted that Sui is witnessing an amazing rise in the crypto market. The digital asset drew a lot of interest since it surged about 50% in seven days. Carter sees the coin notching a solid 190% price rally if all the positive elements fall into place. Sui’s network shows…
SUI Soars 50%, Analyst Eyes 190% Price Rally – Details Read More »
As Bitcoin has become more mainstream, more and more institutions are beginning to hedge their bets with the cryptocurrency. Over the last four years, institutions have grown their holdings exponentially, and the result of this is that these large institutions have become the more dominant holders of Bitcoin. So much so that at this time,…
Private Investors Kicked Out Of Top Bitcoin Holder List, Here Are The Stats Read More »
The evolvement of Bitcoin has led to Bitcoin’s trajectory being linked to several other markets, whereby the stance of certain markets could hint at where BTC is headed. However, according to the latest data, this phenomenon is changing specifically for the correlation of Bitcoin’s price to exchange-traded fund (ETF) movements. Historical Patterns And Recent Deviations…
Is The Link Broken? New Analysis Shows Bitcoin’s Price Unmoved By ETF Liquidations Read More »
Bitcoin has continued to see a blend of bulls and bears without any major high achieved since its renewed peak above $73,000 in March. So far, the asset has ranged below $60,000 in the past week, as it appears to face resistance whenever it reaches that price mark. However, several analysts and experts share their…
Historical Study Predicts Bitcoin To Hit $164,000—Here’s When Read More »
