Cryptocurrency Analysis and News Portal
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHang Seng drops most since 2008Data from Cryptox Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of
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A dip is common in the cryptocurrency market during a bearish downtrend. Most times, it could persist for a prolonged period. The
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Michael Saylor confirmed today that Microstrategy purchased an additional 301 Bitcoins at an average price of $19,851 per Bitcoin. According to Saylor, Microstrategy now holds $130,000 Bitcoins acquired at an average of $30,639 per Bitcoin. MicroStrategy’s former CEO Micheal Saylor revealed today via his official Twitter account that MicroStrategy purchased another $6
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The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos is upwards,” he said. Nigel Green Explains Why He Is Buying More Bitcoin The
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Bitcoin (BTC) bounced past $20,000 on Sept. 9 as a much-anticipated “short squeeze” took hold.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC could go to $25,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding as much as $2,700 (8.7%) in hours on the day, reaching its highest since Aug.
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On-chain data shows the Bitcoin exchange whale ratio spiked up just before the crypto’s plunge below the $19k level. Bitcoin Exchange Whale Ratio
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Ethereum investment products increased by 2.36% to $6.81 billion in assets under management (AUM) throughout August, outperforming Bitcoin products which saw a 7.16% drop off to $17.4 billion. The figures were contained in a new report by CryptoCompare. This was also reflected in the Bitcoin (BTC) and Ethereum (ETH)-product trading volumes,
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Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish.The latest on-chain data shows that, far from capitulating, hash rate and difficulty are making snap gains.Data supports "doozy" difficulty jumpDespite being down around 7% in a week, BTC/USD is not putting off
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DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto Customers
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Crypto Funds See Minor Outflows Amid Trading Volume Dip: CoinShares Source
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