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…
Bitcoin Balances on Exchanges at 2-Year Low and…
The balance of bitcoin on major exchanges has hit its lowest levels since November 2018. Yet unlike that time, when bitcoin was in the depths of the crypto winter, some see this current spate of…
This Miner-Related Index Shows That the Next Bitcoin…
Bitcoin’s price action as of late has done little to offer investors with insights into its near-term outlook. Its price has mainly been oscillating between highs of $11,000 and lows of $10,000, with each attempt…
ETH price loses ground, but network metrics say…
Ether has dropped around 30% from its 2020 high of $482 on Sept. 1 to $340 in five days. The drop in the price of Ether (ETH) and Bitcoin (BTC) was largely due to the…
Profit taking Bitcoin miners won’t stop the next…
Historical data shows that some miners began to sell Bitcoin (BTC) at the end of July, leading to increased selling pressure in the cryptocurrency market. Eventually, the dominant cryptocurrency fell steeply from mid-August, recording a…
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to…
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during…
Bitcoin Whales Aren’t Selling Their BTC; It May…
Bitcoin’s price action has been rather mixed as of late. Although the cryptocurrency has been slowly grinding higher, the lower-$11,000 region has proven to be a heavy resistance zone that is hampering its growth. The…
Bitcoin price finally breaks $11K as traders assess…
The price of Bitcoin (BTC) broke above $11,000 at last, after 13 days within a tight range. But this time, the market dynamic is different because Ether (ETH) and most decentralized finance tokens are declining. …
Record $113M BUSD stablecoin inflow shows Binance is…
New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week. This means BUSD stablecoin now has the highest potential buying…
Bitcoin Transaction Data Points to Potential Surge in…
Bitcoin transaction volume is rapidly moving off of exchanges, which is a positive sign that indicates the market is beginning to mature as it becomes driven less by speculative trading and more by long-term investing and…
On-chain data signals increasing Bitcoin activity — But…
According to CryptoQuant CEO Ki Young-Ju, over-the-counter (OTC) Bitcoin (BTC) deals might be occurring in a way that is similar to the pattern seen in February 2019. According to the on-chain analyst, this is historically…
3 reasons why Bitcoin suddenly dipped under $10K…
The price of Bitcoin (BTC) dropped to sub-$10,000 across major exchanges again on Sep. 5, marking two consecutive days of testing the crucial level. Other major cryptocurrencies, including Ethereum’s Ether (ETH), fell by nearly 10%.…
Don’t panic? ‘Smart money’ whales are waiting to…
The price of Bitcoin (BTC) abruptly declined by 10% in a single day on Sep. 4. Following the dip, the sentiment around the cryptocurrency market has become noticeably cautious with the Cryptocurrency Fear & Greed…
3 reasons Bitcoin price suddenly plunged 7%, liquidating…
The price of Bitcoin (BTC) dropped by 7% in less than two hours, liquidating over $100 million worth of longs on Sep. 3. On BitMEX alone, the sudden drop wiped out nearly $99 million worth…
Bitcoin price may spark ‘war of miners’ —…
Bitcoin (BTC) losing 5% in a day has sparked major changes for miners, data shows as mining pools suddenly send large amounts of BTC to exchanges. Data from on-chain monitoring resource CryptoQuant reveals that Sept.…
Bitcoin ‘Black Thursday’ Repeat Unlikely as Exchanges Have…
As Bitcoin (BTC) price pulled back below $12,000, some investors began to worry that another crypto market crash like one that occurred on March 11 would occur. However, data from CryptoQuant, an on-chain analysis firm,…
Friday Pullback? Biggest Bitcoin Mining Pool Sends 800…
Bitcoin (BTC) may have recovered to $11,700 but miners could soon spark a price plunge, data warns. In an update on Aug. 14, on-chain monitoring resource CryptoQuant identified a spike in mining pool outflows. BTC…
Bitcoin Exchanges Report Massive Withdrawals as Price Eyes…
The amount of Bitcoin tokens held across all cryptocurrency exchanges dropped dramatically earlier this week. Traders withdrew over 110,000 BTC on August 3 – a day after the BTC/USD rate plunged from $12,000 to as…
TD9 and Exchange Inflows: Reasons for Caution as…
The price of Bitcoin hit $10,463 on BitMEX, slightly below the previous peak in June. But two indicators are signaling a BTC cool-off: TD9 and exchange inflows. The price of Bitcoin tests a crucial resistance…
Twitter Hacker Is a BitMEX Trader, On-Chain Data…
None of the roughly 13 bitcoin (BTC) acquired through Wednesday’s Twitter hack have been laundered, according to chain analysis conducted by Samourai Wallet. But whoever it was is deep into the cryptocurrency space, with the…
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange…
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number…
Bitcoin Hash Ribbon Signal Confirms ‘Great Bull Run,’…
According to a digital asset investment firm executive Charles Edwards, a “Hash Ribbon” buy signal has just gone off. The daily candle close of Bitcoin (BTC) price on July 13 above $9,250 confirmed it, he…
Will PlusToken Moving $458M Worth of Crypto Spark…
Bitcoin and the aggregated crypto market have flashed some signs of weakness over the past 24-hours, with the benchmark digital asset reeling down to the lower boundary of its long-held trading range in a sharp…
Wells Fargo Expects a Stock Market Sell-Off —…
Wells Fargo anticipates U.S. corporate pensions will move $35 billion into fixed income. Analysts believe this may cause a sharp sell-off in the stock market and given the correlation between Bitcoin and stocks, this could…
CryptoQuant CEO: Bitcoin Miner Outflows are Continuing to…
Bitcoin’s price has reeled lower today following the recent rejection it posted at $9,800. This movement lower appears to have been driven by two primary factors. In addition to the rejection at $9,800 pointing to…
Wells Fargo Expects a Stock Market Sell-Off —…
Wells Fargo anticipates U.S. corporate pensions will move $35 billion into fixed income. Analysts believe this may cause a sharp sell-off in the stock market and given the correlation between Bitcoin and stocks, this could…
Bitcoin Bull Market Will Resume by Mid-July, Asserts…
Bitcoin is consolidating in an $8,600-$10,000 trading range since April 30, 2020. The sideways momentum has led the cryptocurrency’s volatility to its lowest since October 2019. With risks of a negative breakout looming, one top…
Bitcoin Price Drops to 2-Week Low After Sell-Off…
Bitcoin (BTC) fell to a two-week low today as ranging price action below $10,000 gave way to fresh bearish behavior. Cryptocurrency market daily overview. Source: Coin360 BTC price drops 8% to test $9,000 Data from…
These 2 Bitcoin On-Chain Metrics Suggest the Post-Halving…
On-chain data from blockchain analytics firm CryptoQuant suggest that miners are currently holding on to their mined BTC, a sign that may indicate a continuing recovery for the Bitcoin price given a lack of selling…
Capitulation by Unknown Miner Caused the Dip, Says…
According to Ki Young Ju, CEO of CryptoQuant, capitulation by an unknown mining pool was responsible for the latest market dip. The miner who has produced 51 blocks over the past four days may be…
3 Main Reasons Bitcoin’s Price Plummeted 14% in…
The price of Bitcoin (BTC) plummeted by 14% from $10,180 to $8,600 on BitMEX within less than 15 minutes. Three major factors that caused the price drop were: long contracts accounting for the overwhelming majority…
3 Main Reasons Bitcoin Price Plummeted 14% in…
The price of Bitcoin (BTC) plummeted by 14% from $10,180 to $8,600 on BitMEX within less than 15 minutes. Three major factors that caused the price drop were long contracts accounting for the overwhelming majority…
As Bitcoin Falls to 2-Week Lows, Small Investors…
With bitcoin’s price losing altitude again, small investors appear to be seeking exposure to the top cryptocurrency by market value. Prices fell by 9.8% last week to register bitcoin’s biggest weekly decline since the second…
First Mover: Bitcoin’s Hot Again and Crypto Miners…
Bitcoin is rallying again, and some analysts are looking at a potential driver of even higher prices: new data showing that mining pools are hanging onto the cryptocurrency rather than sending it to exchanges for…
First Mover: Bitcoin’s Hot Again, and Crypto Miners…
Bitcoin is rallying again, and some analysts are looking at a potential driver of even higher prices: new data showing that mining pools are hanging onto the cryptocurrency rather than sending it to exchanges for…
Bitcoin On-Chain Data Suggests Miners Expect Halving to…
As the coronavirus pandemic continues to unfold and new signs of lockdowns beginning to be slowly lifted in Europe, all eyes in the crypto community are back on the Bitcoin (BTC) halving. The event is…