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Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In

Bitcoin News

As the 2024 presidential race heats up, a new debate has emerged regarding Silicon Valley’s recent support for former President Donald Trump’s comeback bid for the White House. According to billionaire investor Mark Cuban, this support may have less to do with Trump’s pro-crypto regulatory stance and more with a calculated play to “pump” the…

Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In Read More »

Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold

Bitcoin News

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that could suggest BTC to be underpriced. Bitcoin NVT Golden Cross Has Been Inside Oversold Region Recently As explained by an analyst in a CryptoQuant Quicktake NVT ratio” is an indicator that keeps track of the ratio between…

Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold Read More »

Bitcoin Hasn’t Reached Bull Cycle Top Yet, Quant Explains Why

Bitcoin News

According to the trend in an on-chain indicator, an analyst has explained how Bitcoin may still need to reach the top of the current bull cycle. Bitcoin aSOPR Hasn’t Yet Reached Levels Associated With Past Cycle Tops As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR)…

Bitcoin Hasn’t Reached Bull Cycle Top Yet, Quant Explains Why Read More »

Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000

Bitcoin News

Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from Liquidation” here naturally refers to the process that any open contract undergoes where its platform forcibly closes it off after it has amassed…

Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000 Read More »

JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When

Bitcoin

American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a subsequent rebound in the market.  JP Morgan Predicts Bitcoin Market Rebound In August In a research report on Wednesday,…

JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When Read More »

1,000 Bitcoin On The Move: Satoshi-Era Whale Stirs The Crypto Waters

Cryptocurrency Market News

Recent events have seen the Bitcoin market show fresh vitality; the price of the coin exceeds $63,000. This spike coincides with a slew of noteworthy occurrences that both experts and investors have noticed. Dormant Wallet Turns Into Action The turning on of a long-dormant Bitcoin wallet is among the most interesting events. Known as “1…

1,000 Bitcoin On The Move: Satoshi-Era Whale Stirs The Crypto Waters Read More »

Bitcoin Price Breaks $62K: Rising Bullish Momentum, Will Prices Go Higher?

Btc

Bitcoin price started a strong increase and broke the $62,000 resistance level. BTC is showing positive signs and might rise toward the $63,200 level. Bitcoin gained bullish momentum above the $60,500 resistance zone. The price is trading above $61,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with…

Bitcoin Price Breaks $62K: Rising Bullish Momentum, Will Prices Go Higher? Read More »

Bitcoin Accumulation: Who’s Been Buying Up All The BTC Dumped By The German Government?

Cryptocurrency Market News

Bitcoin went on a downward spiral in the first week of July to strike a bottom below $54,000 amidst an exacerbated selloff by some large holders. Various reports using on-chain data have blamed the selloffs on the German state of Saxony selling the bitcoins it seized earlier in the year. Despite this considerable selloff, Bitcoin…

Bitcoin Accumulation: Who’s Been Buying Up All The BTC Dumped By The German Government? Read More »

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