Cryptocurrency Analysis and News Portal
For instance, the previous low volatility regime lasted for over two months, from late September to early November, with the cryptocurrency trading mainly in the range of $10,000 to $13,000. The breakout happened on Nov. 5, with prices rallying well above the June 2019 high of $13,800. Source
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Geopolitical crises like the Russia-Ukraine war are reversing the era of globalization where people enjoyed lower costs from the expansion of free trade and labor offshoring. Source
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Glassnode data shows the 30-day average of the number of bitcoin minted currently stands at 900 BTC, worth $35 million – that's just 0.14% of bitcoin's 24-hour trading volume of $24.7 billion. The average stood at over 12,000 BTC 10 years ago, above 4,000 BTC between 2013 and 2016, and
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Crypto exchange OKX notched up $149 million in liquidations, the largest among all crypto exchanges. Nearly 96%, or $143 million, were those stemming from long positions. Bitmex saw the highest liquidated value, however, with a single $10 million bitcoin position getting closed on the exchange. Original Source
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Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s
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Bitcoin (BTC) is at a “pivotal” point and faces macro forces that could influence it for “months to come,” fresh research says.In its latest market update on April 8, trading suite Decentrader called for more attention to Bitcoin’s “yearly pivot” price.All eyes on the yearly pivotAfter giving $43,000 support two
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Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel. 19,676 Casascius Physical Bitcoins Left to Peel During the last six months,
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It’s been another bustling week full of colorful stories in the crypto world, with Rich Dad Poor Dad author Robert Kiyosaki talking about the U.S. dollar imploding, and advocating people buy bitcoin, ethereum, and solana — not to mention talk of Spacex founder and CEO Elon Musk potentially starting his
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Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping
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The 200-day moving average defines the immediate resistance seen at $48,300. Early this week, the bulls failed to force a breakout above that widely-tracked technical line. Since then, the price has pulled back to $45,000, perhaps tracking weakness in equity markets. The S&P 500, Wall Street's benchmark index, fell 1.5%
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