Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses. Bitcoin remained in a bearish zone and traded below $64,500. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a connecting trend…
Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish Read More »
In a significant development within the cryptocurrency industry, asset manager Hashdex recently submitted an application to the US Securities and Exchange Commission (SEC) for a combined spot Ethereum and Bitcoin ETF. Ethereum And Bitcoin ETF Merge? Bloomberg ETF expert James Seyffart noted that Hashdex’s proposed ETF would be market cap-weighted and could potentially accommodate additional digital…
Hashdex Files For First-Ever Combined Ethereum And Bitcoin ETF Read More »
As Bitcoin dips below the $65,000 mark, currently trading at $64,886, the cryptocurrency market is witnessing a heightened sense of urgency among traders. This recent downturn reflects a broader trend observed over the past week, with Bitcoin shedding approximately 2.4% of its value. The last 24 hours alone saw a further decline of 1%, signaling…
Bitcoin Tumbles Below $65,000: Should You Panic Or Buy? Read More »
Bitcoin, the undisputed king of cryptocurrencies, finds itself in a tug-of-war between bullish whispers and bearish roars. While some analysts point to technical indicators hinting at a price surge, others warn of potential pitfalls lurking beneath the surface. Bulls See Bullish Flags And Futures Technical analysts are a curious breed. They speak in a language…
Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000 Read More »
Bitcoin recently dropped $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend. Bitcoin Needs To Climb Above $68,000 Josh mentioned in a $67,000 and $68,000 is now an area of strong resistance and one…
Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000 Read More »
Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead Crypto funds witnessed outflows of $600…
Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds Read More »
Bitcoin (BTC), the largest cryptocurrency on the market, has again taken the lead in the crypto landscape. However, this time it comes with a sense of caution among investors triggered by macroeconomic data, particularly from the United States. In addition, the resulting outflows of over $600 million from the primary market of the digital asset…
Bitcoin Braces For 10-20% Crash, Top Analyst Cites 90% Chance Of Pullback Read More »
Bitcoin price extended its losses and traded below the $65,000 level. BTC is showing bearish signs and might extend losses below the $64,600 level. Bitcoin remained in a bearish zone and traded below $65,000. The price is trading below $66,000 and the 100 hourly Simple moving average. There is a connecting trend line forming with…
Bitcoin Price Slide: Extends Losses Amid Increased Selling Pressure Read More »
On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near…
Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head Read More »
The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These…
CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next? Read More »
Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably Higher Than The Price In a new miners compete against each other using computing power to get to hash the next block on the chain.…
Bitcoin Mining Cost At $86,700: Price To Surpass This Soon? Read More »
