Cryptocurrency Analysis and News Portal
The crypto market has been subject to large liquidation following the price crash. Coming out of the weekend, the market had recorded one of its worst crashes which saw bitcoin fall below the $30,000 territory for the first time this year. With this had come hundreds of millions in short
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Bitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k. Bitcoin Exchange Inflows Spike Up To Highest Value Since July 2021 As pointed out by an analyst in a CryptoQuant post, the BTC exchange inflows have observed a sharp
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The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges (CEXs).Bitcoin (BTC) market tracker Glassnode has issued several bearish indicators for the largest cryptocurrency by market cap, including data suggesting a market
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Solana and Moonbirds came to the rescue of the bearish nonfungible token market in April after a six-week cooldown phase.According to DappRadar’s monthly report, the NFT market recorded a multimonth trading volume high of $6.5 billion in April, surging 23% from March and breaching the $6 billion mark for only
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"Musk's acquisition of Twitter, which has played a key role in crypto discourse and has adopted the asset class, has spurred speculation about possible implications," crypto derivatives firm FRNT Financial's daily newsletter dated April 26 said. "For example, a number of DOGE-related profiles have circulated an exchange on Twitter where
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On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange
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Bitcoin's two-month triangular consolidation has ended with a convincing move on the higher side. Original Source
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Bill Barhydt, the CEO and inventor of the well-known cryptocurrency wallet service Abra, outlined why he believes Ethereum is a much better investment than Bitcoin. He has also set a price prediction of $40k for ETH, indicating his confidence in its future development. He also noted that Ethereum is utilized for a
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There’s was no rest for weary crypto traders on March 10 as a blistering 7.9% CPI print emerged as the headline of the day, putting pressure on global financial markets and erasing the previous day's gains in Bitcoin (BTC) as the price fell back below $40,000. Data from Cryptox Markets Pro
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Bitbull Capital CEO Joe DiPasquale thinks Bitcoin (BTC) is still on track to reach $100 thousand within the next 24 months despite the bearish sentiment dominating the crypto markets since the start of the year. “I think 2023 is a safe bet. We might need some time during 2022 to take
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