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Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
5.8.2024
Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
4.8.2024
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month...
Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
3.8.2024
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE
July NFT Sales Plummet for Second Consecutive Month
2.8.2024
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July...
Here’s what happened in crypto today
1.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
XRP Defies Market Trends; Hits 6-Month High in Wallet Holdings
31.7.2024
On July 31, the cryptocurrency market encountered turbulence, with global market valuations reportedly dropping beneath $2.5 trillion, CoinMarketCap reports. As a result, Bitcoin (BTC) and Ethereum (ETH) recorded slight declines, setting a somber tone. However, XRP took a surprising turn. According...
Bitcoin Peaks at $69,404 as Short Liquidations Surpass $27M
27.7.2024
The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Momentum: Key Stats and Market Impact Bitcoin...
Bitcoin forming ‘massive’ bullish wedge pattern as trader eyes $85K
27.7.2024
Bitcoin’s bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level
Bitcoin forming ‘massive’ bullish wedge pattern as trader eyes $85K
27.7.2024
Bitcoin’s bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level
Here’s what happened in crypto today
26.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Here’s what happened in crypto today
26.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead
23.7.2024
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight decline in the dollar against a basket of currencies. Bank of America’s head of global foreign exchange research mentioned: “There is a growing...
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
22.7.2024
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively. MEW and WIF Lead Gains This...
Bitcoin large sellers 'exhausted' as $67K price holds
21.7.2024
Bitcoin is seeing a reduction in selling pressure from large investors as its price continues to hold above $67,000
Bitcoin Runes protocol sees sharp decline in popularity
18.7.2024
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance
Traders eye $71.5K Bitcoin price as open interest jumps 13%
17.7.2024
Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
16.7.2024
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving...
Are crypto cards still a thing in 2024? Industry weighs in
16.7.2024
Self-custody and Lightning Network integrations are anticipated to drive the next milestone in the development of crypto cards
Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study
15.7.2024
A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with...