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Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers keen at $53,000Data from Cointelegraph Markets Pro and TradingView followed a quiet 24 hours for BTC/USD after Friday's $6,000 red candle.Although quiet into Sunday, the pair
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Cryptocurrencies continued to slide as buyers appear to be taking some profits. Some analysts are now cautious on bitcoin’s short-term price direction given the recent loss of upside momentum.Bitcoin declined toward a three-week low on Thursday around $56,000 before stabilizing near $58,000. BTC is down about 11% over the past
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Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week.As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days.Whale coins find a new homeA familiar event but with curious
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Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December.Tyler Hobbs, the artist behind the popular NFT series Fidenza, will launch 100 one-a-kind digital artworks in his latest collection Incomplete Control at
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Highly volatile cryptocurrencies like Bitcoin, Ethereum, and other altcoins can behave irrationally at any given moment, especially when turbulence strikes. But what happened this morning on the US branch of Binance, was shocking for even those who have seen flash crashes happen in real time. The result of a massive wick
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For now, analysts are monitoring blockchain data, which points to continued upside for bitcoin. “Despite China’s crypto ban, it seems miners, including those who were in China, are holding BTC in mining wallets,” Ki Young Ju, CEO of CryptoQuant, wrote in a blogpost, referring to the decline in miner outflows,
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Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take the prototype Batmobile from the 1960s Batman TV show,
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Data shows the Bitcoin fear and greed index has been pointing towards fear lately, something that might keep buyers from the Halloween Effect. The Bitcoin Fear And Greed Index Points At Fear The BTC fear and greed index is an indicator that measures the sentiment and emotions of the market based on
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Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it.In a tweet on Tuesday, analyst William Clemente III noted that BTC/USD has reached a bullish springboard zone on the stock-to-flow model.Analyst “likes odds” of the stock-to-flow
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Bitcoin buyers from the early phases of the bull run are still hodling despite BTC’s meteoric surge into new all-time highs, according to data shared by Glassnode.The on-chain analytics provider shared its “Realized Cap HODL Waves” chart, noting that the number of coins that were last realized on-chain in the
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