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Analysis of Long-Term ‘Diamond Hand’ Bitcoin Holders Reveals Market Insights: Glassnode
25.6.2024
Recent data from Glassnode provides a detailed analysis of bitcoin’s long-term holders (LTH) and their impact on the cryptocurrency market. In the latest onchain report, researchers highlight key metrics and behaviors of LTHs to understand supply and demand dynamics. Bitcoin Market Trends...
Bitcoin taps $62K as 6% BTC price rebound runs into stubborn US dollar
25.6.2024
BTC price recovers from seven-week lows, but Bitcoin is not the only asset attempting to break higher
Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate
25.6.2024
Bitcoin exchange balances are not a go-to yardstick for BTC price strength, one commentator argues as others dismiss the latest Mt. Gox fears
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
25.6.2024
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months
Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
25.6.2024
Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that...
Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay
24.6.2024
Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these...
Heavy Sell-Off Sees Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated
24.6.2024
Bitcoin’s price fell beneath the $60,000 mark on Monday, declining over 6% against the U.S. dollar. At 1:30 p.m. EDT on June 24, the currency’s price hit an intraday low of $59,809 per coin. Bitcoin Struggles Against Bearish Market, Slides to Near $60K Level This Monday proved...
Bitcoin 'whale games' come early as BTC price swoons below $60K
24.6.2024
BTC price weakness delivers seven-week lows as whale "spoofing" across order books creates grim conditions for Bitcoin bulls
Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets
24.6.2024
Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin has fluctuated between $60,580 and $64,384 in the past 24 hours. BTC’s market cap is $1.21 trillion, with a trading volume of $19.12 billion, reflecting significant market...
Can $60K BTC price support hold? 5 things to know in Bitcoin this week
24.6.2024
Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
24.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet...
Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations
23.6.2024
In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential. Many hold the view that the Power Law model’s...
Bitcoin prepping breakout with '$90K+' BTC price target — New analysis
23.6.2024
Bitcoin faces a key weekly close as BTC price indicators keep bulls' hopes alive when it comes to new all-time highs
Michael Dell’s Bitcoin post sparks massive BTC purchase speculations
22.6.2024
Dell's message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings
Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers
21.6.2024
Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers
Watch these BTC price support levels as Bitcoin tumbles below $64K
21.6.2024
Bitcoin's short-term holder cost basis is crossed in a rare show of weakness as BTC price action fails to find support
Javier Milei Reiterates Several Currencies, Including Bitcoin, Will Compete in Argentina
21.6.2024
President Javier Milei took to social media to re-explain the currency plans for Argentina. Answering a post mentioning bitcoin, Milei stated that anyone wishing to use bitcoin will be able to do so, given that there will be currency competition in the country. “You can also use other units...
Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure
21.6.2024
Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders...
6 months of sideways? Bitcoin price action mimics 2023 lull
21.6.2024
It may seem like long ago, but Bitcoin spent months going nowhere just last year before a major BTC price breakout
Volatile Bitcoin Movement Causes $118M in Crypto Liquidations
20.6.2024
On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid...