The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Institutional Bitcoin longs at record-high, hedge funds short…
According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent Commitment of Trader report shows hedge funds are at a record-high for BTC…
‘Old hands selling out’ metric shows Bitcoin price…
Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnodeOn-chain analyst Willy Woo…
Multiple data points suggest Bitcoin’s 2017-style bull run…
Last week, Bitcoin (BTC) saw its price rise 6.95%, rising from $10,804 on October 5 to $11,555 by October 12. The surge marked the best performing week for the price of Bitcoin since July and…
Analyst: 1,500 Bitcoins Lost Every Day, Less Than…
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which…
Traders say Bitcoin now faces 2 main scenarios:…
The price of Bitcoin (BTC) has declined by more than 6% in the last three days and with the $276 million CME Bitcoin futures expiry approaching on Aug. 28, traders are nervous that additional downside…
Bitcoin price drop below key support may trigger…
The price of Bitcoin (BTC) abruptly fell from $11,823 to $11,102 in the last 48 hours. While on a macro level the digital asset remains in an uptrend, there appear to be three key factors…
Bitcoin Price Rises as U.S. Stock Market Rebounds,…
The price of Bitcoin (BTC) has increased in the last 48 hours as the United States stock market cautiously increased. The recent correlation between BTC and U.S. equities further intensified, showing a strong momentum in…
Chainlink Jumps 9% on the Day Crypto Market…
Chainlink (Ticker: LINK) rebounded from its short-term corrective downtrend on Wednesday as its price surged 9 percent on a 24-hour timeframe. The LINKUSD exchange rate established an intraday high near $14.11 on Binance exchange, up…
XRP Could Start a “Moon Mission” if it…
XRP has seen some mixed price action in recent weeks. After incurring an explosive rally that sent its price surging up towards $0.33 last week, it has been consolidation below its $0.30 support, struggling to…
Analyst: XRP May Crater to $0.21 Before Strong…
XRP has found itself caught within a consolidation phase throughout the past few days as it trades just above $0.30. The cryptocurrency has been unable to surmount the heavy resistance it faces between $0.31 and…
Analyst Explains Why KAVA Could Rise Further Atop…
DeFi token KAVA has caught investors’ attention following its 170 percent rally in the third quarter. Luke Martin, a cryptocurrency analyst, listed two reasons why KAVA/USD should continue its bullish momentum in the coming sessions.…
Crypto Traders Talk Bitcoin Price Direction After BTC’s…
The price of Bitcoin declined by more than 13% within 30 minutes on Aug. 2. The shocking short-term price action caused $1 billion worth of liquidations in futures contracts for Bitcoin (BTC) and Ethereum’s native…
Bitcoin is Now Trading at a “Do or…
Bitcoin witnessed some of the most intense volatility it has seen in months late yesterday evening. After rallying up to highs of $12,000, BTC struggled to surmount the resistance at this level, which ultimately resulted…
Why Bitcoin’s 3-Day Candle Close Could Lead to…
Bitcoin is currently expressing intense signs of strength as its price pushes up towards the $12,000 region. Although it has yet to breach this key level successfully, its strong overnight upswing does seem to indicate…
Bitcoin Options OI Rockets to $1.1 Billion as…
The options market is becoming a more integral part of Bitcoin’s market, seeing tremendous growth throughout 2020. Less than a month ago, the benchmark cryptocurrency saw its largest ever options expiry, with nearly $1 billion…
Analyst: Chainlink to Aim for $10 in Q3…
Chainlink has seen a monster-sized rally throughout the past couple of years, with its gains being unparalleled by virtually all other major altcoins. This momentum reached a boiling point last night when the crypto surged…
This Overhead Liquidity Region Could Propel Bitcoin Past…
Bitcoin’s unrelenting consolidation phase may not last for too much longer. Analysts are now explaining that the cryptocurrency is beginning to flash some subtle signs of bullishness as it trades around $9,300, with these factors…
These Three Factors Suggest Bitcoin is About to…
Bitcoin’s consolidation phase seen throughout all of May and June is showing few signs of letting up anytime soon and has caused the cryptocurrency’s volatility levels to hit multi-year lows. Although there aren’t many overt technical…
Dogecoin 140% Joke Rally Goes Serious with Perpetual…
Dogecoin surged by circa 140 percent this week as a new TikTok challenge urged users to pump it to $1. The meme cryptocurrency is still trading about 1,800 percent below its viral price target. Meanwhile,…
Bitcoin Price Forms Striking Correlation to Gold; What…
Bitcoin’s price action has been lackluster in recent times, and many attribute this to the cryptocurrency’s incredibly tight correlation to the stock market. It appears that the cryptocurrency’s price action is growing more correlated to…
First Mover: XRP Just Isn’t Exciting Crypto Traders…
XRP, the fourth-biggest digital asset by market value, has been left out of 2020’s rally in cryptocurrencies, marking the second straight year of underperformance compared with its larger and more popular rivals, bitcoin and ether. …
Bitcoin Price at Pivotal Point, Crypto Traders Divided…
The price of Bitcoin (BTC) has remained stagnant in the $9,300–$9,500 range for seven days with low volatility. Traders expect the top cryptocurrency to see a huge price movement in the near term. However, prominent…
Here’s Why Some Traders Remain Long on Bitcoin…
Bitcoin bore witness to an intense overnight decline that led it down to the sub-$9,000 region for a short while. This dip was quickly absorbed by an intense influx of buying pressure that helped send…
Bitcoin is Fighting to Enter a Full-Blown Bull…
Bitcoin bore witness to some intense volatility today that came about after the cryptocurrency’s price rocketed past $10,000 before facing yet another harsh rejection that led it back into the $9,000 region. This price action…
Bitcoin Looks “Sharp” After Shrugging Off These 6…
Bitcoin has been on a wild ride over the past several years, incurring massive volatility and bearing witness to many pivotal events that will help shape its future. Many of these events have had bearish…
Ethereum Open Interest Rebounds as Analysts Eye an…
Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as…
Ethereum to Target $300 Once it Reaches This…
Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be…
Analyst: Bitcoin’s Dominance Suggests Intense Crypto Market Rally…
Bitcoin’s dominance over the crypto market has remained steady for the past week, although it has been declining since the start of the year. In order for altcoins to garner any type of immense momentum…
Trading Activity Around Bitcoin’s Monthly Open Points to…
June has been off to a turbulent start for Bitcoin. The crypto rallied to highs of $10,400 at the start of the month before shedding $1,800 off its price in a brief decline to lows…
$220 Million Liquidated: Bitcoin Volatility Creates Trail of…
Bitcoin has been caught within the throes within immense volatility over the past day, rallying to highs of $10,400 overnight before losing its momentum and declining down towards $9,000. The overnight rally from lows of…
This Historical Pattern Shows Bitcoin May Soon Enter…
Bitcoin has seen some bull-favoring price action throughout the past day, rallying up to highs of $9,600 overnight after buyers absorbed the selling pressure that led it down to lows of $9,300. The cryptocurrency now…
Ethereum to See Intense Rally After Liquidating $50…
Ethereum’s intense momentum stalled after it peaked at $145 this weekend. The cryptocurrency now appears to be well-positioned to see further upside, as this momentum significantly bolstered its market structure. The recent movement that led…
This is the Level Chainlink Needs to Surmount…
Chainlink’s immense uptrend has stalled in recent times as the cryptocurrency struggles to gain a firm foothold within the $4.00 region. Although it has yet to see any swift rejection, it has been flashing some…
Here’s Why Bitcoin Could See a Bloodbath Decline…
Bitcoin has once again found itself caught within a bout of sideways trading as it struggles to garner any momentum as it hovers around the $8,800 region. This is around the price point at which…
Bitcoin Could Confirm Recent Decline as a “Huge…
Bitcoin has seen an immense downturn over the past couple of days, declining from highs of over $9,800 to lows of $8,600 yesterday. This selloff came about after multiple consecutive rejections around $10,000. This turbulence…
Prepare for Turbulence: Here’s Why Traders Expect Bitcoin…
Bitcoin has entered what appears to be yet another consolidation phase within the lower-$9,000 region. The crypto is struggling to garner any momentum as its buyers and sellers both reach an impasse following its recent…
Analysts Think There’s a High Probability Bitcoin Will…
Bitcoin has seen some notable volatility in recent times. Buyers and sellers have largely reached an impasse as they struggle to provide the benchmark cryptocurrency with any decisive momentum in either direction. Overnight, BTC did…
Is Bitcoin a Good Investment: Analyst Predicts High…
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post…