Cryptocurrency markets are showing signs of a potential downturn, with both Bitcoin and the COIN50 index falling below their key 200-day moving averages. According to Coinbase Research, this […]
Dollar Index Plummets as Bitcoin Shows Promise for a Rebound
The U.S. Dollar Index (DXY) has taken a significant dip below the critical mark of 100, nearing multi-year lows, according to Odaily. Andre Dragosch, Head of European Research […]
Unprecedented Bitcoin Bullish Sentiment: 90% of Holders Are Currently Profiting
Recent data reveals an unusually high number of Bitcoin holders currently profiting from the current market. According to crypto analyst Alphractal, a staggering 90% of Bitcoin addresses are […]
Will Bulls Target $88,700 for Bitcoin? Market Analysis Shows Potential Higher Low Formation
Bitcoin has defied market downtrends and surged above a key support level, marking a potential higher low formation. This breakout signifies growing bullish sentiment in the crypto market, […]
Dollar Index Falls Near Multi-Year Lows, Bitcoin Hints at Rebound Potential
The U.S. Dollar Index (DXY) is experiencing a significant decline, dropping below the 100 threshold and approaching historical lows. According to asset management firm Bitwise’s Head of European […]
Binance Indicator Signals Major Bitcoin Shift: Buyers Dominate
Bitcoin appears to be stabilizing after a period of volatility. A key indicator from Binance reveals growing buyer confidence, signaling a potential shift in the market’s trajectory. This […]
BlockExplorer.com Revamped by EllipX: A Multi-Chain Explorer Reimagined
The original BlockExplorer.com, a pioneering Bitcoin block explorer launched in 2009, has been reimagined and rebirthed thanks to EllipX’s next-generation crypto trading platform. Now supporting over eleven major […]
Bitcoin Investor Divide: Short-Term Losses Fuel Long-Term Confidence
Recent data reveals a growing divide in the Bitcoin investor community. Short-term traders are facing significant losses, while long-term investors are strengthening their positions. This shift in behavior […]
Bitcoin Prices Surge as US Dollar Weakness Expected to Fuel Bull Market Comeback
Bitcoin (BTC) broke through the $84,000 mark on April 16th, as market analysts expect a resurgence driven by a weak US dollar. The digital currency’s movement follows the […]
Bitcoin Short Squeeze Looms as More Than $600 Million Exposed at Crucial Price Point
Bitcoin’s price continues to climb today, but a significant level of short positions stands ready for liquidation. Analyst Ali Martinez highlights that if Bitcoin reaches $86,900, more than […]
Bitcoin Surges Amidst Regulatory Uncertainty: Market Reacts
Bitcoin saw a notable price surge on Friday, October 20th, 2023, sparking discussions across cryptocurrency exchanges and financial markets. This rise underscores the intricate balance between surging investor […]
Powell’s Speech Set to Impact Crypto Prices, Could Trigger Bull Run
Federal Reserve Chairman Jerome Powell’s address on inflation and market conditions is expected to significantly impact the cryptocurrency market. Analysts believe this speech could trigger a bull run […]
Bitcoin Pullback: Healthy Correction or Trend Reversal?
Bitcoin recently experienced a notable drop, falling to around $74,000, sparking concerns among investors and analysts alike. However, many experts view this decline as a natural market correction […]
Bitcoin Market Split: Short-Term Traders Struggle While Long-Term Holders Accumulate
Recent on-chain data reveals a stark contrast in the behavior of Bitcoin traders. Short-term traders are facing significant losses, with an average loss of 18%. In contrast, long-term […]
Crypto Market Experiences $239 Million Liquidation in 24 Hours
The cryptocurrency market underwent a significant shakeup within the past 24 hours, resulting in a total liquidation of $239 million across various trading contracts. According to data from […]