cryptocurrency market

The cryptocurrency market, especially Bitcoin, has been affected by unconfirmed expectations of the approval of spot-based exchange-traded funds (ETFs). While Bitcoin has outperformed other cryptocurrencies, this outperformance may be partially due to the market anticipating the approval of spot Bit ...

Ethereum (ETH) is facing a challenging scenario in its price as it moves lower toward the crucial $1,500 support level against the US dollar. The cryptocurrency may experience a corrective rally, but its upside potential could be capped around the $1,565 mark. Here are the key points about Ethere ...

Bitcoin and Ethereum are both experiencing downward price movements: Bitcoin (BTC): Bitcoin's price has fallen below the $27,000 level. The drop in price comes ahead of the release of the U.S. consumer price index (CPI) for September, with an expec ...

Benjamin Cowen, a prominent crypto strategist, is warning of a potential Bitcoin (BTC) plunge, which he believes could negatively impact altcoins. Cowen suggests that Bitcoin may experience an 8% drop from its current level, which could be followed by even more significant losses. Cowen expresses ...

Important economic data is closely monitored by the cryptocurrency market, particularly Bitcoin, which recently experienced a drop to $27,000 amid escalating tensions between Israel and Hamas. Today, the announcement of the Producer Price Index (PPI) data has stirred interest among market participan ...

In today's cryptocurrency market, Bitcoin faced a significant downturn, dropping to a ten-day low. This decline was concurrent with the ongoing trial of Sam Bankman-Fried (SBF), the founder of FTX and Alameda Research. Startlingly, Caroline Ellison, the former CEO of Alameda Research, made allegatio ...

The cryptocurrency market is entering the fourth quarter with a focus on evolving liquidity patterns and market volatility, which are expected to shape the narrative in the coming months. The third quarter saw a marked decrease in crypto volatility, indicating that the asset class may be maturing or ...

Crypto analyst Jason Pizzino suggests that Bitcoin (BTC) is forming a bullish structure as the US dollar shows signs of weakness. He points to the key level of $28,400 for Bitcoin and notes that as long as the market holds up above this level, it seems like the beginning of an uptrend. Pizzino al ...

Bitcoin Price Experiences Technical Correction, but Bullish Momentum Persists The price of Bitcoin (BTC) recently made further gains and approached the resistance at $28,500. Following this, BTC underwent a corrective phase but has since found support at the $27,350 level. Bitcoin continued it ...

Bitcoin (BTC) experienced a breakout, surging higher as it approached the Wall Street opening on September 27. The price of BTC reached $26,823 on Bitstamp, marking a 2% increase and bringing it to near-weekly highs. Here are some key points from this development: Analysts had already been eyeing ...

Rachel Conlan, the Chief Marketing Officer (CMO) of Binance, has praised Istanbul as a crypto hub and emphasized the potential of the Turkish crypto community. In an interview with CoinDesk Türkiye ahead of Binance Blockchain Week in November, Conlan highlighted the significance of Turkey in the glo ...

Moonbeam (GLMR) Surges 50% Amidst Potential Major Exchange Listing Moonbeam's native token, GLMR, has experienced a significant surge in value, climbing by 50.2% in the past 24 hours, with its price reaching $0.2424 on various spot trading platforms. This remarkable growth in the ...

The delay by the U.S. Securities and Exchange Commission (SEC) in approving the first Bitcoin exchange-traded fund (ETF) is putting pressure on the Bitcoin price. This uncertainty has led to increased bearish pressure in the market, with Bitcoin failing to hold above $27,200. Several major player ...

Bitcoin's price is currently on a downward trajectory, struggling to maintain support above $26,500. It faces the potential for further losses if it fails to hold above the $26,000 support level. Bitcoin experienced a decline after it was unable to break through the $27,500 resistance level. T ...

The cryptocurrency market is experiencing a phenomenon referred to as "paper BTC," which is essentially the combined open interest value of Bitcoin futures contracts. Analysts are examining how this "paper BTC" compares to the actual Bitcoin being traded and its impact on the market. Key points h ...

Recent data reveals a significant increase in the daily usage of the Ethereum network, with Ethereum surpassing Bitcoin in terms of daily active addresses. On September 13th, Ethereum recorded more than 1 million daily active addresses, while Bitcoin had 743,800, and the BNB chain had 1.02 million. ...

Renowned crypto analyst Benjamin Cowen believes that altcoins will continue to struggle against Bitcoin (BTC) in the near future. In a recent video, Cowen highlighted a bearish trend where altcoins face significant losses when measured against Bitcoin, particularly in the lead-up to Bitcoin halving ...

Ripple's Persistence in the Face of SEC's Lawsuit Challenge In a legal battle spanning nearly three years, Ripple finds itself at the center of allegations claiming that the company and its co-founders violated securities regulations by selling approximately $1.3 billion worth of their native cry ...

Litecoin Price Analysis: Long-Term Optimism Amid Recent Downtrend Amidst the ongoing volatility in the Bitcoin market and a significant decline in altcoin prices, there are key developments on the horizon that could influence investor sentiment in the coming week. These developme ...

Bitcoin (BTC) experienced a significant surge during Asian trading hours, pushing its price back to nearly $26,000 after a recent decline that saw it hit three-month lows below $25,000. This uptick in price is attributed to a short squeeze, characterized by a rally driven by the unwinding of bearish ...

Shiba Inu Continues Downtrend, Leaving 97.4% of SHIB Holders in Losses The Shiba Inu (SHIB) cryptocurrency is facing a persistent downtrend, with its price dropping by 5% in the last 24 hours, pushing it further into the demand zone at $0.00000690. On-chain metrics reveal that a significant 97.4% ...

The cryptocurrency market has witnessed a roller-coaster ride throughout this year, driven by various macroeconomic factors. Amidst this backdrop, the controversial launch of Worldcoin has managed to divert the attention of investors towards AI-powered tokens. However, recent trading data, as analyz ...

XRP Price Prediction: Profitable Traders Are Considering This Key Level XRP, the token caught in a longstanding court battle with the United States Securities and Exchange Commission (SEC), has rolled back to seek support and sweep through liquidit ...

XRP whale moves 29 million tokens to Bitstamp amid price slide As XRP struggles to maintain upward momentum following Judge Torres' summary judgment in the US SEC v. Ripple Labs case that XRP isn't a security, investors appear to be selling off the ...

On-chain data shows the Bitcoin NVT ratio is currently flashing a buy signal, a sign that the bottom for the asset’s price might now be in. Bitcoin NVT Golden Cross Is Showing A Green Signal As pointed out by an analyst ...

This is The Next Target for ETH If the Drop Continues (Ethereum Price Analysis) After a prolonged period of tranquil price activity near the critical level of $1.8K, there has been a significant and rapid downturn at ETH f ...

Fundstrat investment firm co-founder Tom Lee believes that if the U.S. Securities and Exchange Commission (SEC) approves the launch of spot bitcoin ETFs, the price of the first cryptocurrency could rise five to six times. In late July, Fundstrat analysts predicted that approval of a dire ...

Mark Yusko, CEO of investment firm Morgan Creek Capital, suggested that if a spot bitcoin ETF is approved in the U.S., the BTC exchange rate would rise to $150,000 by the middle of next year. During an interview with Kitco News, Mark Yusko said that the crypto community is excited about the possi ...

It's Binance, Bitfinex, OKX, Coinbase and Kraken At the same time, ethers began to actively leave U.S. exchanges Experts believe other cryptocurrencies will soon begin to leave the U.S. According to a Kaiko report, 72% of ETH liquidity is concentrated ...

If April was a " bull" month for the cryptocurrency market, then all of May was a "bear, confirming that the market is in correction While there is hope for a bullish reversal in June, bearish formations on these four cryptocurrencies warn that the worst may ...

The news of reaching consensus on agreeing on the U.S. debt ceiling had a positive effect on the market value of the VC and the overall capitalization of the cryptocurrency market. The increase in the U.S. debt ceiling and encouraging comments from the country's governmen ...

The final bill will be introduced in Congress on May 31 Unconfirmed reports say Republicans have received assurances from the White House to cut spending So budget allocations for everything except defense will remain the same over the next two years ...

Automated programs called "sandwich bots" have made millions of dollars by bypassing profitable orders to buy popular cryptoassets. Successful "sandwich bot" attacks first became widely known in 2021, thanks to a study by Eden Network. With the help of special bots, an ...

This is the point he made during an interview at the Redefine Tomorrow 2023 Summit Ripple had previously won a very important court victory It's about the Hinman document disclosure Ripple CEO Brad Garlinghouse believes that the legal "epic" of the SE ...

Cryptoplatform Blockchain.com CEO Peter Smith and Standard Chartered Bank CEO Jeff Kendrick spoke out about the outlook for the cryptocurrency market in the wake of the impending U.S. default. Speaking at the Qatar Economic Forum hosted by Bloomberg, Blockchain.com CEO Pe ...

The Chinese city of Nanjing unveiled a state-supported meta-universe platform Nanking, capital of China's eastern Jiangsu province, has unveiled a state-supported technology and application innovation platform focused on the development of the meta-universe across China. The state platform of ...

Bond issuance will lead to a decline in demand for risky assets It will also strengthen the economy through capital inflows, so the Fed can "pull" an interest rate cut Experts think the BTC will fall On June 1 the United States will enter a technical ...

Chairman of the Commodity Futures Trading Commission (CFTC) told Bloomberg that for regulatory purposes. It does not matter whether decentralized exchanges (DEX) operate autonomously or with human participation. Rostin Behnam belie ...

The author of the bestseller "Rich Dad, Poor Dad" Robert Kiyosaki once again expressed fears about the possible large-scale recession, urging investors to invest in gold, silver and bitcoin. Robert Kiyosaki once again criticized the U.S. government on Twitter for incompet ...

Binance CEO Changpeng Zhao was surprised by the long existence of the meme cryptocurrency DOGE, which was made possible thanks to the support of Ilon Musk. In a recent Ask Me Anything (AMA) Twitter session, Changpeng Zhao said that the la ...

CZ expected DOGE to disappear But Elon Musk took on the token Binance CEO, Changpeng Zhao, is surprised that Dogecoin has not yet disappeared and Elon Musk has extended the memcoin's life. "One memcoin that really surprised ...

Bitcoin commissions broke records last week amid rising popularity of Ordinals and BRC-20. What was happening to the network and how did it affect miners' revenues? Last Monday, users began reporting unusually high transaction fees on the Bitcoin network. In some cases, ...

The Bitcoin network's hash rate continues to grow, and with it, so does the difficulty of mining BTC. Whereas at the time of last recalculation the figure was down 1.45%, it is now up 3.22%, reaching 49.55 Tx. The recalculation of ...

Analytics company Santiment reported that major bitcoin holders continue to accumulate BTC holdings, with the whale stocks increasing by 84,897 BTC ($2.3 billion) in the past five weeks. Santiment analysts put wallets holding between 1 000 and 10 000 BTC on the whale list ...

The CEO of investment firm Morgan Creek Capital believes that the "crypto-summer" is likely to begin in mid-June. Mark Yusko said in an interview with Blockworks that his previous predictions about the start of a bullish trend in the cryp ...

May 11 bitcoin made a bearish breakout. Although the decline was halted and BTC rebounded, it was never able to recover above the breakout level If bitcoin (BTC) fails to recover anytime soon, the price decline could continue. Has the correction begun? As the results of technical analysis o ...

In the past, the number of large BTC holders was falling This is how investors diversified their risk in a volatile market Now the number has stabilized Fresh LookIntoBitcoin data shows that there are 2029 addresses with over 1000 BTC in their Bitcoin ...

A class action lawsuit was filed against the brokerage firm Jump Trading allegedly "saved" UST when the asset lost its USD peg in 2021 For this, the company received almost free huge amounts of LUNA These tokens were sold when the rate went up, bringin ...

The number of important macro releases this week is very high Let's outline the most important ones The past trading week was mostly characterized by price consolidation in the stock and cryptocurrency markets. And over the weekend, bitcoin made traders even m ...

Cryptocurrency platform Bakkt, owned by Intercontinental Exchange, announced the delisting of a large number of tokens and cryptocurrencies as part of its move away from retail customers. The list of tokens that will no longer be listed on the platform includes large and po ...

EU lawmakers plan to require companies related to the storage, trading and investment in digital assets to provide tax authorities a report on the balance sheets of their customers. According to the initiators of the bill, the development of the document is due to the need ...

New bank problems failed to push cryptocurrencies to rally seven days ago. But this week's negative news took the market down. Bitcoin In the week of May 5-12, the price of bitcoin dropped more than 10%, fallin ...

The BeInCrypto editorial board analyzed five outsiders of the week among altcoins. These coins suffered the biggest losses between May 5 and May 12 The altcoins that have suffered the biggest losses in the past seven days inc ...

The businessman spoke about the future diversification of the cryptocurrency market on the YouTube channel Empire and said that he sees an opportunity for all participants to find their place under the sun. Justin Sun admitted that he bought the cryptocurrency exchange Hu ...

Her conclusions are based on an analysis of speeches by Fed and central bank governors over the past 25 years The model takes into account the correlation between statements and subsequent changes in the market It is expected that the Fed will continue to "tighten ...

Cryptocurrency market experts believe bitcoin is in the early stages of a parabolic rally, closely copying the behavior of the asset in the 2015 bull market.</div The ongoing banking crisis in the U.S., as well as liquidity and insolvency problems have prompted U.S. inve ...

FxPro, an investment company, has reported that the recent correction in the cryptocurrency market has helped to alleviate overheating and overbought conditions in the market. As of April 24th, the total capitalization of the cryptocurrency market has decreased by almost 9% to $1.155 trillion, re ...

Chainalysis, an analytical company specializing in tracking blockchain transactions, saw a 70% increase in revenue over the past year. Despite the cryptocurrency market's turmoil, Chainalysis managed to secure contracts with government organizations worth over $65 million. Co-founder and CEO M ...

PlanB, a renowned pseudonymous analyst known for creating the Stock-to-Flow model, has predicted a significant surge in the value of Bitcoin in 2024. This prediction is based on the upcoming halving of the cryptocurrency, which is the process of reducing the reward for mining a block by miners. ...

Experts in the cryptocurrency market attribute the recent three-day decline in the price of Bitcoin to excessively positive market sentiment and the announcement of a potential interest rate hike by the US Federal Reserve. According to CoinGecko, Bitcoin's market price has continued to drop for t ...

Cryptocurrencies rose in value for over a month. But in mid-April, the course graphs turned red again. The reason for this was a combination of negative factors, noticeable through fundamental and technical analysis. Bi ...

According to a report by Kaiko, a data analytics firm, TrueUSD (TUSD) has surpassed USDT and BUSD as the most popular trading asset paired with bitcoin on centralized exchanges. This significant shift can be attributed to the aggressive promotion of TUSD by Binance, which has led to a 168% increa ...

The sentiment indicator known as Fear and Greed has surged to a new high of 69 in the Bitcoin market. Analysts use a combination of data sources such as cryptocurrency volatility and social media messaging to calculate the index, which is divided into five categories ranging from extreme fear to ...

During a recent interview with CNBC, Michael Novogratz, a well-known crypto advocate, shared his thoughts on the factors that contributed to the rise of Bitcoin. However, Peter Schiff, a vocal critic of the cryptocurrency, accused reporters of failing to ask Novogratz tough questions about the di ...

According to Chris Burniske, a venture capital investor and partner at Filler, the cryptocurrency market is set to experience significant growth in the near future. Burniske is optimistic that the price of ETH will rise to $10,000 in the foreseeable future, representing a potential increase of 43 ...

Probably, many have noticed that the fall of bitcoin often causes the fall of the entire crypto market.. This phenomenon is also known as crypto-infection. What is crypto infection Crypto infection is a situation when a negative phenomenon assoc ...

The El Salvadoran government-run crypto wallet, Chivo, has recently implemented freezing user accounts and demanding proof of the source of funds. Some users who received funds from Wasabi Wallet, which utilizes Coinjoin technology to obscure transaction monitoring on the network, have been activ ...

In the first quarter of 2023, the stablecoin Tether's market capitalization surged by $15 billion, breaking its previous record set in May 2022. As reported by the cryptocurrency explorer CoinMarketCap, USDT's market capitalization surged by over 20% in the first three months of the year, reachin ...

Coinbase analysts have presented a report on the cryptocurrency market, expressing their confidence in the long-term strength of digital assets. The report considers three scenarios related to the actions of the US Federal Reserve: stopping interest rate hikes, a slight rate increase with further ...

Raoul Pal, the former Goldman Sachs executive and CEO of Real Vision, is optimistic about Bitcoin's future despite the current banking and economic crisis in the US. In a recent interview with Morgan Creek Digital founder Anthony Pompliano, Pal expressed his belief that Bitcoin could reach $50,00 ...

The Bitcoin market's Fear and Greed sentiment indicator has recently reached its highest level of greed since November 2021, indicating a potential cause for caution when purchasing BTC. Typically, analysts suggest buying Bitcoin when the index is below 25, but with the current index at 68, it ma ...

During an interview with CNBC, Michael Sonnenshein, the CEO of Grayscale Investments, expressed his frustration with the US Securities and Exchange Commission's (SEC) repeated refusal to approve the launch of a Bitcoin-pegged ETF. The SEC has cited concerns about manipulation in the spot market a ...

US authorities have recently moved a significant amount of Bitcoin, around 40,000 BTC, that was confiscated from cybercriminals. Among these, 9,861 BTC that were seized from the Silk Road darknet market founders were transferred to Coinbase exchange's wallet. This move has led to a decline in ...

Canaan, the ASIC miner manufacturer based in China, has reported its financial results to the US Securities and Exchange Commission (SEC), indicating a massive 82% drop in revenue during the last quarter of the year. The report shows that the company earned a meager $56.8 million during October-D ...

The cryptocurrency market appears to be bracing for further upheavals as the value of BTC experiences a significant 5% drop to $22,250. This follows reports of possible bankruptcy for Silvergate bank, a crucial financial institution that serves some of the largest crypto firms. In response, Si ...