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Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low
8.7.2024
Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a recent downtrend from $58,441 to $54,296, followed by...
Bitcoin Ichimoku cloud reassures as BTC price bounces from 4-month low
5.7.2024
BTC price action attempts to recover from the start of Mt. Gox transfers, but analysis argues the need to wait for longer-term confirmation of trend change
Whale shakes up Ether market with $103M sell-off and $70M repurchase
5.7.2024
A whale made some splash in the Ether ecosystem by selling and repurchasing Ethereum tokens. They first transferred $103 million worth of ETH and later bought some tokens for $70 million. The number of tokens transferred at that time was 33,765 and 22,713, respectively, with an average price...
Bitcoin falls to $55K as crypto liquidations breach $580M
5.7.2024
Around $193 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February
Bitcoin traders express optimism even as BTC price targets shift lower
5.7.2024
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower
Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
4.7.2024
Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
Bitcoin price hits a two-month low; $50k support
4.7.2024
The downward movement of Bitcoin’s prices appears to be accelerating as a result of concerns about the use of pressure tactics in sales. This was the general observation of the non-functioning exchange, Mt. Gox, as traders maintained a distance from the token. The most sought-after...
Canadian crypto adoption struggles as cash remains king
3.7.2024
For two years in a row, Canadians have shown a strong preference for cash and card payments for day-to-day purchases
Low Bitcoin and Ethereum fees may not necessarily be good news
2.7.2024
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?
Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness
28.6.2024
Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursday, marking its lowest point since November 2022. Significant declines in...
Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?
27.6.2024
Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates
Solana is the fast, low-cost blockchain that simply never works
27.6.2024
Solana has experienced more than 150 hours of downtime over the last three years — and meme coins are making the problem worse
‘Survival games’ as Bitcoin hash price skirts near all-time low
25.6.2024
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being
Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
25.6.2024
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs
Bitcoin analysts forecast BTC price drop to $50K before parabolic run begins
25.6.2024
A handful of Bitcoin analysts now believe BTC price is headed below $50,000. Cointelegraph explores why
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
24.6.2024
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half
Pyth ploys DeFi lending overhaul with Morpho, Gauntlet partnership
21.6.2024
Pyth Network teams up with Morpho and Gauntlet to enhance lending protocols on Ethereum and Base using low-latency price data
Bitcoin’s days below $70K are numbered as traders cite BTC’s swing low as the bottom
20.6.2024
A bullish chart pattern has bulls setting $72,000 as the new Bitcoin price target