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Bitcoin (BTC) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTensions mount for TradFi markets openData from Cryptox Markets Pro and TradingView showed BTC/USD making several attempts to break out of
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Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling.Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the BTC supply has not left its wallet in a year or more.Strong hands have rarely
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Bitcoin (BTC) held above $41,000 into the weekend after a late surge Friday took the largest cryptocurrency to two-week highs.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView"The only good bear is a dead bear"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining newly re-won ground Saturday, with the pair's correlation to
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Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a "trappy" weekend still offered the chance of a solid weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Choppy waters" for BitcoinData from Cryptox Markets Pro and TradingView showed BTC/USD regaining the $38,000 mark after seeing local highs of $38,740 on Bitstamp
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Bitcoin (BTC) hovered near $43,000 on Jan. 17 as "boring" price action combined with signs that the market could be stabilizing.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLeverage comes off all-time highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD staying firmly within its established trading range between $40,000 and $45,000.With few
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Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF).As noted by markets commentator Holger Zschaepitz on Dec. 29, the ProShares Bitcoin Strategy ETF (BITO) is now trading at nearly 30% below
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“The Terra ecosystem’s growth potential, particularly after the latest Columbus-5 upgrade and announcements on Risk Harbor insurance wrapped protection, is limitless,” said Jake Cormack, chief operating officer at Chiron Partners. “We want to work closely with visionaries behind up-and-coming projects built on Terra, supporting them with not just capital, but
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the crypto industry. SEC Chair Says Crypto Will Not End Well
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Bitcoin (BTC) continued to range below $50,000 on Aug. 31, the final day of the month, as analysts demanded higher levels in order to continue the bull run.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$51,000 remains the deal-breaker for BTCData from Cointelegraph Markets Pro and TradingView painted a dull picture for investors
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The price of bitcoin struggled to regain $49,000 Friday, continuing to bounce between $48,000 and $46,000 heading into the weekend. As bitcoin contemplated which way to go, ether made a new all-time high above $1,850. Much of bitcoin’s choppy price action could be attributed to futures deleveraging as eager bulls piled
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