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Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K
28.2.2023
This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400...
Alameda Gap Persists as Stunted Liquidity Holds Back Crypto Market
28.2.2023
February is ending, but the 'Alameda Gap' is not.
As the second month of this year is wrapping up, the prices in the crypto market have somewhat recovered from last year's crash. Still, the so-called 'Alameda Gap' resists filling, as the liquidity remains far from the levels seen before...
Next Bitcoin Halving Just Over One Year Away – Here’s What Could Happen to the BTC Price
27.2.2023
The next Bitcoin halving, where the BTC reward delved out to network validators per block mined will be halved, is coming up in just over one year and this could be a key theme in the Bitcoin market in the coming quarters. That’s because past halvings have consistently had a huge price...
Bitcoin Short Bets Are Building – Here’s What That Means for the BTC Price
27.2.2023
Short Bitcoin investment products saw an inflow of nearly $10 million last week, according to CoinShares’ latest Digital Asset Fund Flows Weekly Report. That took month-to-date flows to $14 million. Meanwhile, over the same time period, long Bitcoin investment products saw an outflow of close...
Bitcoin Price Dips On Hot US Inflation Data, But BTC Bulls Can Take Solace in These Bullish Options Market Signals
24.2.2023
Bitcoin was last trading lower by over 3.0% on Friday in the low $23,000s, with BTC/USD falling back under its 21DMA for the first time in nearly two weeks in wake of a hotter-than-expected US Core PCE inflation report that raises the risk the US Federal Reserve lifts interest rates to higher...
Rich Dad Poor Dad Author Robert Kiyosaki Says He Buys Bitcoin Because He doesn't "Trust" U.S. Dollar
24.2.2023
Robert Kiyosaki, a world-renowned entrepreneur and author, has revealed that he buys more Bitcoin as he doesn't trust the U.S. dollar, which he termed as "fake."
Kiyosaki, who is the best-selling author of Rich Dad Poor Dad, has issued a stark warning regarding the weakening U.S. dollar during...
More Rate Hikes to Come, According To Latest Fed Meeting Minutes – Here’s What That Means For Crypto
23.2.2023
More interest rate hikes are coming from the US Federal Reserve. At least, that was the takeaway from the recently released minutes of the 1st of February meeting of the Federal Open Market Committee (FOMC) earlier this Wednesday. This could be a major medium-term headwind for crypto....
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Reddit Founder Alexis Ohanian Says Crypto and Bitcoin is 'Here to Stay' – What Does He Know?
22.2.2023
Reddit co-founder Alexis Ohanian believes that crypto, and Bitcoin in particular, is here to stay despite the recent unfortunate developments in the industry including the collapse of FTX.
In an interview with Forbes, Ohanian compared the advent of blockchain to the creation of paper, saying that...
Here’s What Investors Think About the BTC Price Outlook Right Now, According to Bitcoin Options Markets
21.2.2023
Bitcoin has tried and failed to break and hold above the $25,000 level now for five out of the last six days. Some technicians think that this isn’t necessarily a bad thing, as the world’s largest cryptocurrency by market capitalization is forming an ascending triangle structure that could proceed...
Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving
21.2.2023
As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breakout above key resistance. For the last five days, sell pressure ahead of...
Bitcoin Holds Near $25K Despite Fall in Non-Zero Balance Addresses – Here’s Where BTC Could Go Next
20.2.2023
Bitcoin held close to yearly highs just below $25,000 on Monday, with the world’s largest cryptocurrency by market capitalization higher by about 2.0% on the day after rebounding strongly from a brief dip back under $24,000 earlier in the session. Bitcoin’s rebound from the $21,000s last week...
Nebraskangooner predicts a bottoming-out phase for Bitcoin
20.2.2023
Bitcoin is up more than 1% in the last 24 hours, so many crypto enthusiasts are curious about the potential uptrend of BTC in the next few months. Nebraskangooner is a U.S.-based Bitcoin trader who is famous for its BTC price prediction. Nebraska is active on Twitter and predicted an uptrend...
Bitcoin Begins Bull Market? These Eight Key Indicators All Just Turned Green for the First Time Since Early 2021
17.2.2023
Earlier this week, eight out of eight key on-chain and technical indicators tracked by crypto analytics firm Glassnode’s “Recovering from a Bitcoin Bear” just signaled that the next Bitcoin bull market might be here. That was the first time that all eight indicators had been flashing a BTC...
Bitcoin Bears Beware – Yet Another Key Metric is Flashing a BTC Buy Signal
17.2.2023
Another key metric is flashing a Bitcoin buy signal. That’s according to a tweet by popular crypto analyst/influencer Mohit Sorout. According to Sorout, the so-called DCA Indicator, which he called “the mother of all BTC bullish signals” has flashed for only the fourth time ever....
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Bitcoin Margin Funding Rate Jumps Amid Latest Price Spike – Can New Investor Influx Keep Pumping BTC?
17.2.2023
Bitcoin funding rates on margin positions jumped to their highest levels in over two weeks in the past two days, according to data from the OKX and dYdX cryptocurrency exchanges and presented by crypto analytics website coinglass.com. Positive funding rates suggest that speculators are bullish...
Bitcoin Shorts Get Obliterated as BTC Price Briefly Spikes Past $25K, Hits Eight Month High
17.2.2023
Bitcoin short-sellers have taken a battering in the past two days. That’s according to data presented by crypto derivative analytics website coinglass.com, which shows liquidations in short Bitcoin future positions worth around $100 million across major exchanges over the past two sessions, during...
Mark Cuban Wants Bitcoin Price to Go Down so that He Could Buy More
16.2.2023
American billionaire entrepreneur Mark Cuban continues to remain bullish on Bitcoin, saying that he even prefers investing in the digital asset over gold.
The TV personality stated that he plans to buy more BTC when its price drops. “I want Bitcoin to go down a lot further so I can buy some more,”...
Improving Bitcoin Fee Revenue Momentum Could Soon Send an Key Bullish BTC Signal
15.2.2023
The miners who power the Bitcoin network, and are still largely incentivized to do so via the printing of new BTC tokens, are benefitting from an uptick in daily network fees, according to data provided by crypto analytics firm Glassnode. At present the Bitcoin network rewards its miners with 6.25...
Bitcoin Volatility Expectations Remain Subdued Despite Hot US Inflation Figures – What This Means For the BTC Price
15.2.2023
In wake of Tuesday’s US Consumer Price Index (CPI) data, which confirmed an expected jump in MoM price pressures and revealed a smaller-than-expected decline in the YoY rate of inflation, Deribit’s Bitcoin Volatility Index (BTC DVol) surprised some analysts by remaining broadly unchanged. The lack...
Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100
15.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election...