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Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
6.7.2024
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull...
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
5.7.2024
Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and...
Investors brace for US election outcomes as crypto hits the ballot
3.7.2024
FIT21’s bipartisan support suggests a potential shift in U.S. crypto policy, while investors are focused on long-term trends despite political uncertainty
NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter
3.7.2024
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo
Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital
27.6.2024
Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental...
Are celebrity tokens good or bad for Web3? Execs weigh in
27.6.2024
Cointelegraph approached professionals across Web3 to get their thoughts on the emergence of celebrity-backed meme tokens in crypto
US Spot Bitcoin ETFs Break Outflow Trend With $30M in Inflows
26.6.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows. U.S. Spot...
Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
26.6.2024
On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where...
Digital collectibles market sees 45% decline in Q2
26.6.2024
CryptoSlam data shows a significant volume drop for NFTs from Q1 to Q2, with digital collectibles set to hit the lowest monthly transactions since March 2021
The Ultimate Fortnite Chapter 5 Season 3 Car Guide
26.6.2024
Fortnite Chapter 5, Season 3 introduced massive car battles and various ways to mod your vehicles to maximize carnage. It’s like Mad Max meets Fortnite, and it’s a blast.Read more
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...
Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday
25.6.2024
At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC...
Memecoins reverse bearish market trends to record double-digit growth
25.6.2024
The biggest winners in this recent bullish surge are the new memecoins that have emerged over the past few months
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
24.6.2024
As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million...
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...
Analyst Warns of US Banking Sector Troubles, Foresees Stock Market and Bitcoin Slide
24.6.2024
While U.S. federal regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, have identified concerns with the crisis management tactics of four banks, in a recent interview with Kitco, market strategist Gareth Soloway expressed concerns. Soloway suggests...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Web3 gaming is ‘rocket ship’ ready to blast off, say industry execs
24.6.2024
The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games
MEBIS Dubai to showcase latest banking technologies and trends at upcoming event
24.6.2024
The Middle East Banking Innovation Summit 2024 (MEBIS), an exclusive gathering of industry leaders, innovators, and experts, is set to host its 15th edition from September 18-19, 2024, at the prestigious JW Marriott Marina Hotel. This highly anticipated event will delve into various topics...
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
23.6.2024
In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many anticipate that bitcoin and the broader crypto economy might face a few uneventful weeks ahead. Onchain analyst Willy Woo believes there could be another one to four...