It’s been a tough past few days for Bitcoin. The cryptocurrency has slipped approximately 10% from the $10,100 monthly highs to a recent low of $8,800, triggered by fears that Satoshi Nakamoto is dumping his BTC. While those rumors have since been disproven by blockchain analytics companies, BTC has yet to recover. Worse Read more…
Satoshi teases a comeback Bitcoin price bounces back The rumored return of Satoshi Nakamoto, the elusive Bitcoin creator, tanked the BTC price more than seven percent to its intraday low of $9,100 on the Bitstamp exchange. However, those who are concerned about this drop certainly miss the forest for the trees Read more…
A Bitcoin wallet first opened in 2009 has suddenly cashed out. Some $500,000 worth of the cryptocurrency was moved in one transaction, leading many to speculate on the owner’s origins, with some suggesting it could be Satoshi Nakamoto. However, some commentators have suggested that this wallet was not owned by Read more…
For the first time, the open interest of Bitcoin Options at Deribit, a derivatives trading volumes and the leading BTC options trading platform, is near the $1 billion mark. The Deribit BTC options expires every Friday, May 22nd by 8 AM UTC. The spike in open interest and related trading volumes not only Read more…
Bitcoin isn’t even past $10,000 — let alone the latest all-time high of $20,000 — but analysts are already craving the crypto market’s next parabolic bull rally. While this rally has yet to arrive, a prominent cryptocurrency chartist has indicated that it’s close. He pointed to a crucial and rare Read more…
Bitcoin experiences a Golden Cross for the first time since February 2020. The bullish indicator surfaced as open interest for CME Bitcoin Futures hit a record high. Nevertheless, the cryptocurrency continues to hover below $10,000, while eyeing a price breakout. On Wednesday, Bitcoin printed what is known in technical analysis Read more…
Bitcoin halving excitement dies as crypto enthusiasts begin glancing towards Ethereum 2.0 launch. Bitcoin halving impact is a gradual long bull run that could send price to $120,000 according to eToro’s Simon Peters. Ethereum and Ripple react in tandem with Bitcoin’s recovery towards $10,000; more action anticipated on Tuesday. Forecast: Read more…
Here is what you need to know on Tuesday Markets: The cryptocurrency market is in the red two days in a row. On Monday, Bitcoin tried to overcome the seller congestion zone at $10,000. However, the price action hit a wall at $9,957 (current week high). Selling activities have dominated the market since then Read more…
Shedding light on compulsory sellers Bottoming out On-chain research firm Glassnode has noted that Bitcoin’s Puell Multiple metric is now in the green for the first time since January 2019. Hence, the firm states that it could be an ‘excellent period’ for investors to accumulate more BTC in order to be able Read more…
Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too Read more…