Bearish Divergence? Bitcoin Price Rises, But Network Growth Sends Warning Signals
The recent Bitcoin (BTC) price surge has ignited renewed interest and confidence among investors, leading many to believe that the BTC bull
Read MoreThe recent Bitcoin (BTC) price surge has ignited renewed interest and confidence among investors, leading many to believe that the BTC bull
Read MoreData shows a divergence is forming between Bitcoin and Ethereum’s open interest, something that has been bullish for BTC in the past. Bitcoin
Read MoreThis week, Bitcoin traders braced for a breakout as an important technical buy signal triggered and BTCUSD shot up over $30,000 temporarily. They
Read MoreBitcoin (BTC) held $30,000 as support before the April 11 Wall Street opening, with fresh doubts emerging over the rally’s strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price finally tackles $30,000 resistance cloudData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit ten-month highs of $30,438 on Bitstamp.Almost
Read MoreThe bank views cryptocurrencies that power smart contract-enabled blockchain platforms, on which developers can build applications, as growth assets exposed to the same risks as growth stocks. It notes that these cryptos, and small-cap liquid tokens, have led this year’s rally. Source
Read MoreThe industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures. Source
Read MoreA quant has explained how this bearish divergence in Bitcoin on-chain data can lead to a short-term correction in the price. Bitcoin Short-Term Holder SOPR Has Been Slowing Down Despite Price Going Up As explained by an analyst in a CryptoQuant post, a gap has been forming in the purchasing power of
Read MoreAfter the FTX crash on November 9, Litecoin’s price began a significant upward price movement. Investors continue to remain in profit. However, a downswing could be on the way. This might not necessarily be the end of the bulls just yet. Although LTC is moving south after registering a 7.1% fall
Read MoreXRP’s price struggles to hold above key support as the price needs to hold above $0.44 to maintain its bullish run. XRP continues
Read MoreCryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a
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