Cryptocurrency Analysis and News Portal
Data shows the weekly average Bitcoin trading volume has stabilized around the same lows as July 2021 as market activity remains low. Bitcoin Trading Volume Has Stayed Low In Recent Weeks According to the latest weekly report from Arcane Research, the BTC trading volume has sunk down to July lows recently. The “trading
Read More
Monero is a privacy-centric protocol that masks the wallet addresses of users making it difficult for others to trace and track transactions. This is unlike bitcoin (BTC) or other cryptocurrencies, where wallet addresses and transactional behavior can be analyzed to determine the identity of their users. Source
Read More
Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this trend with nearly an equal amount of net positive inflows.There have been total net outflows of 46,000 BTC (worth around $1.8 billion at current prices) from all crypto
Read More
Bitcoin (BTC) kept falling lower on Feb. 21 as $38,000 became the latest level to fail the test for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 eyed as BTC relief bounce targetData from Cointelegraph Markets Pro and TradingView painted a grim picture for BTC/USD Monday, as $38,000 support abruptly vanished after
Read More
The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum's native token reached a three-week high. ETH price climbs to three-week highTo date, ETH price has recovered by roughly 50% after the ETH/USD trading pair bottomed near $2,150 on Jan. 24.ETH/USD daily price
Read More
Bitcoin (BTC) could well continue falling in the short term now that $40,000 support has disappeared, fresh analysis warns.In its latest market update on Friday, trading suite Decentrader analyst Filbfilb raised concerns that the day’s $290 million in liquidations was not enough to avert a fresh tumble.Next stop: $33,000 if
Read More
Following the Bitcoin crash to $42k, the fear and greed index has declined to extreme fear values not seen since July of last year. Bitcoin Fear And Greed Index Points At “Extreme Fear” As pointed out by an analyst in a CryptoQuant post, the BTC fear and greed index has dropped to
Read More
Bitcoin (BTC) consolidated above $42,000 prior to Wall Street's opening bell on Jan. 7 as more similarities to last year's lows emerged.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC "very closely" mimicking May behaviorData from Cointelegraph Markets Pro and TradingView tracked a nervous Bitcoin market as BTC/USD avoided another retest of $40,000
Read More
While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change in sentiment as Ethereum (ETH) and other cryptocurrency products pick up steam against falling Bitcoin assets under management (AUM).The Bitcoin AUM market fell 9.5% to $48.7 billion in November, marking
Read More
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to plummet to 128 EH/s two days later. The recent shifts have taken place before the upcoming network difficulty adjustment, which
Read More